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Old 10-25-2009, 11:58 PM   #1
BeatTheChalk
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Fun Pop quiz - what did this exacta pay ?

Earlier this year : These are the closing Win odds :

41 to 1 and 45 to 1

Care to venture what the Exacta paid ? Not a Major
Track .. But not the lowest rung either...
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Old 10-26-2009, 02:01 AM   #2
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What was the field size and what were the odds of the betting favorite.?

Thx.
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Old 10-26-2009, 02:22 AM   #3
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Since you're being so vague, I'll say it's more than $2.10. I win. Send the millions in prize money to NYCOTB -- they need it.

Last edited by macdiarmida; 10-26-2009 at 02:27 AM.
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Old 10-26-2009, 02:36 AM   #4
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I'd guess about $2500.
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Old 10-26-2009, 12:06 PM   #5
BeatTheChalk
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Quote:
Originally Posted by Imriledup
What was the field size and what were the odds of the betting favorite.?

Thx.
Ten horse field .. an entry and the Favorite was Even money.
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Old 10-26-2009, 12:39 PM   #6
BeatTheChalk
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Quote:
Originally Posted by macdiarmida
Since you're being so vague, I'll say it's more than $2.10. I win. Send the millions in prize money to NYCOTB -- they need it.
10 starters One Entry and the odds on the Favorite = 1 - 1 ...
Now the Vagueness should be gone .. so ..your answer is ......

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Old 10-26-2009, 12:44 PM   #7
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separate pools remember
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Old 10-26-2009, 12:44 PM   #8
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$450
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Old 10-26-2009, 02:18 PM   #9
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I'm going to say $1500, which is less than half of what it probably should be...
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Old 10-26-2009, 02:23 PM   #10
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$900
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Old 10-26-2009, 03:13 PM   #11
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Should be about $1800 for the $1 but since you posted I will guess $1066 for each dollar.

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Old 10-26-2009, 03:45 PM   #12
Cratos
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Quote:
Originally Posted by BeatTheChalk
Earlier this year : These are the closing Win odds :

41 to 1 and 45 to 1

Care to venture what the Exacta paid ? Not a Major
Track .. But not the lowest rung either...
This appears to be a trick question. However I will assume that it would’ve happened at a small track that had an exacta pool of about $20,000 and with 10 horses there would have been 90 possible outcomes and if one person or a group of persons would’ve purchased $180.00 of $2.00 individual wagers and won, the payoff would be ($20K*.75)/90 = $166.60. If there are $1 exacta wagers or more purchasers the payout gets smaller.

The payoff is small because the exacta is limited to 90 permutations and the pool size is small. If the pool size was $300k the payout under the same scenario would have been about $2,500.00
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Last edited by Cratos; 10-26-2009 at 03:49 PM.
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Old 10-26-2009, 04:28 PM   #13
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Quote:
Originally Posted by Cratos
This appears to be a trick question. However I will assume that it would’ve happened at a small track that had an exacta pool of about $20,000 and with 10 horses there would have been 90 possible outcomes and if one person or a group of persons would’ve purchased $180.00 of $2.00 individual wagers and won, the payoff would be ($20K*.75)/90 = $166.60. If there are $1 exacta wagers or more purchasers the payout gets smaller.

The payoff is small because the exacta is limited to 90 permutations and the pool size is small. If the pool size was $300k the payout under the same scenario would have been about $2,500.00
8k.....2 winners
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Old 10-26-2009, 09:26 PM   #14
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Originally Posted by fmolf
8k.....2 winners
both grandmothers who played their grandkids dates of birth.
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Old 10-27-2009, 12:01 AM   #15
BeatTheChalk
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Quote:
Originally Posted by PaceAdvantage
I'm going to say $1500, which is less than half of what it probably should be...
THANKS EVERYONE ! And now the results you have been waiting for..

Oct 20 Penn National Race # 7 The exacta paid ........................

820 dollars !! I am not a math expert or wagering genius ..however ..it

SOUNDS A BIT LOW TOO ME ....MORE THAN A BIT LOW ...
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