50 Cent Pick 4 In New York?

[Bruinswin]

All of these lower minimums might mean something if they actually brought new people out to the track. The fact is that new people aren't coming, and the money the horseplayer competes for is still coming from the same customers. I don't see how a lower minimum does anything for the pari-mutuel enviornment.

[Light]

Originally Posted by SeattleSlew@BP

You have to be rich and famous to bet $120 on a Super? I better go check my bank account.

$120 per super times 8 per race card = $960 a day just in supers. At that rate you'll need another $1000 for betting your win,exactas,pk3,4.6 etc. If you lose $2000 a day times 10 days = $20,000 in 2 weeks. Yes I think you have to be rich and famous to afford losses like that and greater that you will inevitably face betting $120 supers.What dont you get? This is why I'm saying $120 supers are a joke for ITP or you to even talk about with a straight face.

[2low]

People who believe "signers" have anything to do with taxability have a very bad day ahead when the IRS decides to look at ADW accounts.

[BUD]

I would consider playing the lower minimums---My money is new money so to speak of---Then on the occasions I have friends over during a race day---They DO jump in on some of the Cheaper multi race schemes at times---

Now I am 1 guy and this does not happen often so your probably correct.

But I think I will stick to vertical playing....Now being a Neophyte my money will make it into 10 cent supers and 1 dollar Tri's----

But In the early stages I was Nearly priced out of this Game----But I would think many do not come to find this game the route I have----Nor have had the Charity and good will of others like I have had in my attempt to become a player of some competence..

So I guess I can say the Lower minimums have aided in my education having less confidence in my ability at taking a shot at some of the vertical exotics---

Damn I hope that came out correct----I wanted to add that---But in fairness to common sense--I feel like $h7t------That is a good indication to hold off on handicapping and posting---

[JustRalph]

Originally Posted by 2low

People who believe "signers" have anything to do with taxability have a very bad day ahead when the IRS decides to look at ADW accounts.

would you care to explain that remark? They already look at them............

I am in favor of the lower min. bet. I might be willing to make a play or jump into a pool I normally don't........

How many people here have ever bet $120 bucks on a Super ticket? not me..........

Signed

Just Another ChickenShit Bettor

[SeattleSlew@BP]

Originally Posted by Light

$120 per super times 8 per race card = $960 a day just in supers. At that rate you'll need another $1000 for betting your win,exactas,pk3,4.6 etc. If you lose $2000 a day times 10 days = $20,000 in 2 weeks. Yes I think you have to be rich and famous to afford losses like that and greater that you will inevitably face betting $120 supers.What dont you get? This is why I'm saying $120 supers are a joke for ITP or you to even talk about with a straight face.

Who says I play the whole 8 race card? Who says I play a super in every race? So what if I did? There are doctors, lawyers, stock brokers who fly to Vegas and lose 20k in a poker session. Not billionaires. There are professionals that lose that in one hand. No reason horse racing can't get in on the action.

[2low]

Originally Posted by JustRalph

would you care to explain that remark? They already look at them............

I may be wrong, but I get the feeling many people believe if they didn't win enough to sign, the win isn't taxable. This simply isn't true. A small win is not subject to withholding, but it is every bit as reportable as a very large score.

[cees with dees]

A 50 cent pick 4 is a great idea. It's already done at some tracks and it invites the smaller players to a shot a good money for a minimal investment and would increase the pools substantially. At least I think so.
How are you Stevie???
Long time, no talk.
Ben

[Stevie Belmont]

Hey Hey Big Ben

Well, I like the 50 cent Pick 4....Why not?

I think it's a good idea.

[mnmark]

From a business standpoint 10 cent supers and 50 cent pick fours will almost always generate larger overall pools. Why do you think casinos have so many penny slot machines? because there customers want them. Why would any business turn away any potential business or revunue. The wagering public has spoken and smaller denomination wagering is here to stay. Like it or not it is a very simple decision for 90% of the tracks that need every penny of handle they can get.

[Monty Capuletti]

Originally Posted by Light

$120 per super times 8 per race card = $960 a day just in supers. At that rate you'll need another $1000 for betting your win,exactas,pk3,4.6 etc. If you lose $2000 a day times 10 days = $20,000 in 2 weeks. Yes I think you have to be rich and famous to afford losses like that and greater that you will inevitably face betting $120 supers.What dont you get? This is why I'm saying $120 supers are a joke for ITP or you to even talk about with a straight face.

If someone is playing 5 horse super boxes every race, every day, good luck making money for a dollar or a dime.

[toetoe]

Dudes (if I may presume),

Imagine an all-fecta, where you would need to get the entire field in order, in order to cash. I'm sure it would be popular in our lotteried-down world. Is this really "success ?" We could have hookers and porn thrown in for whales, too. How about we draw some lines here ?

[BombsAway Bob]

Originally Posted by toetoe

Dudes (if I may presume),

Imagine an all-fecta, where you would need to get the entire field in order, in order to cash. I'm sure it would be popular in our lotteried-down world. Is this really "success ?" We could have hookers and porn thrown in for whales, too. How about we draw some lines here ?

that'll get 'em out to the track! (The All-Fecta might,too..)

[citygoat]

I remember when you had to play a $5 exacta at Santa Anita.It seemed I had to be more confident in my choices than I do now with the $1 exacta.

[twindouble]

These wagers have been around for some time now in various pools and they are being expanded. One would think the tracks and ADW'S would know by now how they have effected handle. The answer is they have helped, otherwise they would have done away with them or plan to do so. I remember the one cent numbers game was huge for the bookies when they flourished. That says a lot as to why casino's and racing have got on the bandwagon.

As a traditional handicapper I'm concerned about the direction racing has been on for sometime now. Primarily because I think turning it into a lottery type game not only diminishes the strengths of good handicappers, it doesn't expose new players to the true essence of the game. That's learning how to handicap, getting to know the horses and who's who that make up the game. Pulling slots and rolling the dice runs counter to historical traditions we all hung our hat on.

Yes, things have changed, as said "is it for the better"? Only time will tell but for me, I'm not happy with it.


Good luck,

twindouble