|
|
09-18-2018, 06:49 PM
|
#1
|
Registered User
Join Date: May 2015
Posts: 234
|
2019 Pegasus Cup to feature a Pick 24
https://www.paulickreport.com/news/t...sus-world-cup/
Quote:
The Stronach Group will also introduce a new wager, the Pegasus Pick 24. The Pegasus Pick 24 will offer up the chance to bet on the exact finish order for both the Pegasus World Cup Invitational and the Pegasus World Cup Turf Invitational, adding another layer to the race-day excitement. A whopping $5 million bonus awaits the lucky fan who hits on the Pegasus Pick 24.
|
Working in racing for the past decade, I've heard a lot of terrible, half-baked ideas. This one might take the cake.
Can't wait to be standing in line, waiting to get a bet in, while the guy in front of me is reading off (or trying to punch in) a bet of 1,2,3/1,2,3,4,5,6/4,5,6,7/4,5,6,7/4,5,6,7/4,5,6,7/7,8,9,10/7,8,9,10/7,8,9,10/7,8,9,10/8,9,10,11/9,10,11,12....WITH 1,2,3/1,2,3,4,5,6/4,5,6,7/4,5,6,7/4,5,6,7/4,5,6,7/7,8,9,10/7,8,9,10/7,8,9,10/7,8,9,10/8,9,10,11/9,10,11,12.
|
|
|
09-18-2018, 06:59 PM
|
#2
|
Registered User
Join Date: Feb 2003
Location: Dark Side of the Moon
Posts: 5,870
|
5 million dollars....thats a joke, the odds are astronomical to hit that.
|
|
|
09-18-2018, 08:09 PM
|
#3
|
Registered User
Join Date: Jul 2015
Posts: 876
|
I can’t wait to play this
|
|
|
09-18-2018, 09:47 PM
|
#4
|
Beat up 💪
Join Date: Jun 2002
Location: Beach life in Fort Lauderdale
Posts: 11,938
|
So they'd payout the pool because no carry over is possible?. I would think 6 correct would get you paid. Maybe 7? Wild bet.
NYRA had an exacta parlay for the Sword Dancer to the Travers. 2 million loyalty points shared with anyone who hit both exacta.
The exacta's were bangers, $145 and another, I forget , but near or over a $100.
I never heard home many loyalty points that the promotional bet paid out, I'm Still curious.
|
|
|
09-19-2018, 07:11 AM
|
#5
|
Registered User
Join Date: Apr 2010
Posts: 1,413
|
I'm sure they have a rule where if there is a DNF or a distanced horse that they will not pay out and instead keep all of the money
|
|
|
09-19-2018, 07:28 AM
|
#6
|
Just Deplorable
Join Date: Mar 2003
Location: Lebanon, Ohio
Posts: 8,068
|
Is there a chapter in a handicapping book somewhere that explains how to handicap for 11th and 12th place? I may yet have some learnin' to do.
|
|
|
09-19-2018, 08:32 AM
|
#7
|
Registered User
Join Date: Jan 2009
Posts: 476
|
That's the trend.
Offer new wagers that are increasingly more similar to lottery tickets.
Trying to get a few more of those power ball players to cross over and come to the track and bet instead.
|
|
|
09-19-2018, 09:17 AM
|
#8
|
Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,822
|
Quote:
Originally Posted by rastajenk
Is there a chapter in a handicapping book somewhere that explains how to handicap for 11th and 12th place? I may yet have some learnin' to do.
|
I'll just tell you my pick---then you'll know 12th place. The other 11 are up to you.
|
|
|
09-19-2018, 09:32 AM
|
#9
|
Veteran
Join Date: Apr 2018
Posts: 188
|
It’s no different then trying to pick a trifecta in 3 consecutive races with 15-20 horses each race. That was a bet in Japan called the “ triple trio” but not sure if it still exsists.
|
|
|
09-19-2018, 09:38 AM
|
#10
|
@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
|
Quote:
Originally Posted by ZippyChippy423
It’s no different then trying to pick a trifecta in 3 consecutive races with 15-20 horses each race. That was a bet in Japan called the “ triple trio” but not sure if it still exsists.
|
It isn't remotely close to the same mathematically.
|
|
|
09-19-2018, 09:44 AM
|
#11
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
|
with the $5 million guarantee, its the same thing as a booking a bet. they might get something like $500,000 in business on this bet so they are laying you 10-1 on picking 24 horses.
the best thing that could happen is that someone actually picks the correct numbers, they will now get more people sucked in to play this thing the next time.
|
|
|
09-19-2018, 11:41 AM
|
#12
|
Registered User
Join Date: Dec 2013
Posts: 265
|
I heard you have to pay $100 for a slot to play this bet. They are selling a million slots. Just a rumor I heard.
|
|
|
09-19-2018, 12:06 PM
|
#13
|
Registered User
Join Date: Mar 2017
Posts: 5,803
|
|
|
|
09-19-2018, 12:31 PM
|
#14
|
Registered User
Join Date: May 2015
Posts: 234
|
For those comparing it to a lottery bet, the odds of nailing the exact order of finish in a 12 horse field are 479 million to 1. And that's just the first race.
Not sure how to work out the math to include the second race, maybe someone smarter than me can figure it out. If it's simply double the odds, then you're looking at nearly a 1 in a billion shot.
By comparison, the odds of winning a Powerball jackpot are about 292 million to 1. So this wager is infinitely harder to win, and only offers a fraction of the payout.
Of course if someone does manage to hit this (probably an offshore whale that can cover a couple hundred thousand combinations), everyone is going to think back to the Breeder's Cup Pick 6 and assume the fix was in. Even if it is just blind dumb luck, no one will believe it. Only racing would risk giving itself another black eye on an unforced error, just to push a gimmick bet that no one asked for.
|
|
|
09-19-2018, 12:37 PM
|
#15
|
Beat up 💪
Join Date: Jun 2002
Location: Beach life in Fort Lauderdale
Posts: 11,938
|
Quote:
Originally Posted by chiguy
I heard you have to pay $100 for a slot to play this bet. They are selling a million slots. Just a rumor I heard.
|
That makes sense. Love or hate it, its an effort to tie the two products together. Belinda Stronach has ideas for blending their assets.
Vegas model. Only 48% of revenue is from Gaming, 52% from hospitality. Stronach group has eyes on the full suite of entertainment, gaming and media.
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|