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06-27-2019, 03:24 PM
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#1
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clean money
Join Date: Sep 2006
Location: Maryland
Posts: 23,559
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nyra-to-make-low-takeout-late-pick-5-available-to-all-wagering-customers
__________________
Preparation. Discipline. Patience. Decisiveness.
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06-27-2019, 07:36 PM
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#2
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Very good move.
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06-27-2019, 11:55 PM
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#3
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Registered User
Join Date: Nov 2015
Location: LNN
Posts: 524
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This is one of those examples where someone wants credit for doing something they were just supposed to do the whole time
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They didn't take your money...You paid for lessons
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06-28-2019, 11:13 AM
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#4
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clean money
Join Date: Sep 2006
Location: Maryland
Posts: 23,559
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Get ready! Whooo!
This is a GREAT thing.
This (AFAIK) was created as an incentive for NYRA-BETS ADW. NYRA-BETS is a good Adw if it's a fit, and they often run the bet200/get200. This was so successful that the love needed to be spread.
I don't care if it's something 'we should've' had already, although Deelo is correct that the game needs more of this. Like Pacman, and James Brown once said "get ready, for the big payback". "I need some get-back".
The Pick-5 has become the horseplayer wager. We also get the mandatory rainbow-6 days, and the Stronach-5, both of which require significant investment in order to cover.
I can spot-play vertical exotics, but when you can't get competitive fields of more than 6 horses on dirt on a regular basis, multi-race horizontal wagers such as the double and pick-3 have been less likely to produce value, even when you have good opinions in those races.
The NYRA-BETS pick-5 is special because of how everything comes together. Five races is enough to leverage the six-horse field, should you have a significant opinion in those races. The field size actually makes the P-5 more playable for a smaller bankroll than the m_rainbow-6/stronach-5. The 15% take, means value if you have significant opinions. it all comes together
__________________
Preparation. Discipline. Patience. Decisiveness.
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06-28-2019, 11:29 AM
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#5
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Registered User
Join Date: May 2004
Posts: 7,333
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Quote:
Originally Posted by deelo
This is one of those examples where someone wants credit for doing something they were just supposed to do the whole time
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Who "wants" credit?
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06-29-2019, 11:58 AM
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#6
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by deelo
This is one of those examples where someone wants credit for doing something they were just supposed to do the whole time
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If they didn't announce the change, how would we know the bet had been opened up? Come on.
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07-01-2019, 08:33 PM
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#7
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clean money
Join Date: Sep 2006
Location: Maryland
Posts: 23,559
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Quote:
Originally Posted by Saratoga_Mike
If they didn't announce the change, how would we know the bet had been opened up? Come on.
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I agree.
I'm going to focus 99% of my game on the NYRA Late Pick-5 and see what happens.
One circuit. 15% takeout is 'fair'. We got good racing coming up like the Turf Triple Crown trio Belmont-Derby etc... and c'mon Saratoga
I've been all over the place... Santa Anita... , Finger Lakes, Gulfstream, Churchill, Mountaineer, Parx, Monm, LRL, Suffolk, Beltara?, etc... etc...
My watch list is busier than my email
Really like this wager.
__________________
Preparation. Discipline. Patience. Decisiveness.
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07-02-2019, 11:51 AM
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#8
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Registered User
Join Date: May 2005
Posts: 930
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Quote:
Originally Posted by Robert Fischer
I agree.
I'm going to focus 99% of my game on the NYRA Late Pick-5 and see what happens.
One circuit. 15% takeout is 'fair'. We got good racing coming up like the Turf Triple Crown trio Belmont-Derby etc... and c'mon Saratoga
I've been all over the place... Santa Anita... , Finger Lakes, Gulfstream, Churchill, Mountaineer, Parx, Monm, LRL, Suffolk, Beltara?, etc... etc...
My watch list is busier than my email
Really like this wager.
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I'll be chasing the same thing, Robert
Good luck to you, I hope I prove a worthy competitor.
If I'm not mistaken, the NYRA pick 6 wagers, though $2 mins, are also 15%.
Last edited by LemonSoupKid; 07-02-2019 at 11:52 AM.
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07-02-2019, 06:23 PM
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#9
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Registered User
Join Date: Nov 2014
Location: Missouri
Posts: 2,190
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I can understand trying to lure customers to their ADW, but to eliminate a huge piece of the market makes little sense to me. Hopefully they don't end their cross country pick 5 w/Oaklawn
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07-03-2019, 10:00 AM
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#10
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Registered User
Join Date: Jun 2009
Location: The State of Rutgers
Posts: 307
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Quote:
Originally Posted by LemonSoupKid
I'll be chasing the same thing, Robert
Good luck to you, I hope I prove a worthy competitor.
If I'm not mistaken, the NYRA pick 6 wagers, though $2 mins, are also 15%.
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For what it's worth, the take out on the NYRA Pick 6 is 15% on non-carryover days and 24% on carryover dates. (And it is one of the last "real" Pick 6's)
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07-05-2019, 01:03 PM
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#11
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Registered User
Join Date: May 2005
Posts: 930
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Quote:
Originally Posted by Rutgers
For what it's worth, the take out on the NYRA Pick 6 is 15% on non-carryover days and 24% on carryover dates. (And it is one of the last "real" Pick 6's)
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Interesting ... I wonder what the sweet spot for carryover days/total $ carryover would be then as a result, to make up for the 9% added take. Assuming similar numbers of people play in each scenario (non carryover vs particular day of carryover people shoot for).
Thanks for that interesting, but important, tidbit, Rutgers.
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07-05-2019, 04:05 PM
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#12
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Registered User
Join Date: Dec 2011
Posts: 4,285
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Quote:
Originally Posted by LemonSoupKid
Interesting ... I wonder what the sweet spot for carryover days/total $ carryover would be then as a result, to make up for the 9% added take. Assuming similar numbers of people play in each scenario (non carryover vs particular day of carryover people shoot for).
Thanks for that interesting, but important, tidbit, Rutgers.
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The key is to be able to estimate the new money that will be bet. If a carryover is $240,000 and $1,000,000 of new money is bet then you will have a zero takeout bet. If you record how the past carryovers have drawn play you will soon be able to make reasonably accurate predictions. Do not use results from any other circuit to make your predictions.
__________________
Best writing advice ever received: Never use a long word when a diminutive one will suffice.
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07-05-2019, 04:08 PM
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#13
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clean money
Join Date: Sep 2006
Location: Maryland
Posts: 23,559
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Quote:
Originally Posted by AndyC
The key is to be able to estimate the new money that will be bet. If a carryover is $240,000 and $1,000,000 of new money is bet then you will have a zero takeout bet. If you record how the past carryovers have drawn play you will soon be able to make reasonably accurate predictions. Do not use results from any other circuit to make your predictions.
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Loving the HD video on nyra.com. Jockeys have hands? OMG so good
and this all-stakes Pick-5 Saturday is a whopper
Race 8. NERUD S.. GRADE II.
#9PROMISES_FULFILLED is the 2/1 Morning Line Favorite.
Important horse to understand for Saturday.
Last time, in the G I Met Mile, PF stumbled at the start, but it was a mild stumble, and he quickly gathered himself.
__________________
Preparation. Discipline. Patience. Decisiveness.
Last edited by Robert Fischer; 07-05-2019 at 04:12 PM.
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07-07-2019, 07:57 PM
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#14
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Registered User
Join Date: May 2005
Posts: 930
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Quote:
Originally Posted by AndyC
The key is to be able to estimate the new money that will be bet. If a carryover is $240,000 and $1,000,000 of new money is bet then you will have a zero takeout bet. If you record how the past carryovers have drawn play you will soon be able to make reasonably accurate predictions. Do not use results from any other circuit to make your predictions.
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So your argument is a relative 24% take increase regarding the rollover ... interesting.
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07-07-2019, 08:02 PM
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#15
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Registered User
Join Date: May 2005
Posts: 930
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Amazing, Saturday's $.50 pick 5 pays more than the $2 pick 6. Good stuff.
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