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10-22-2022, 07:53 PM
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#1
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Registered User
Join Date: Dec 2009
Posts: 997
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NYRA adding third daily Pick 4 to wagering menu
24% takeout still in effect - placement will depend on the number of races on the card
Quote:
NYRA adds middle Pick 4 to wagering menu
The New York Racing Association, Inc. (NYRA) today announced the addition of a middle Pick 4 to the daily wagering menu beginning with the Thursday, October 27th card at the Belmont at the Big A fall meet.
The Pick 4, offering the standard 24 percent takeout rate, requires bettors to the select the first-place finisher of four designated races on the card. The middle Pick 4 will begin in Race 3 on nine-race cards; Race 4 on 10-race cards; and in Race 5 on 11-race cards.
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10-22-2022, 10:34 PM
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#2
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SaratogaFan1
Join Date: Mar 2022
Posts: 356
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Seems like this will do as well as the triple play pick 3.
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10-23-2022, 11:33 AM
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#3
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,871
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More opportunities are always good. I don't play P4's, but I'm sure those who do will appreciate this.
What we need now is to add the W/S exacta!
__________________
Who does the Racing Form Detective like in this one?
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10-23-2022, 03:48 PM
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#4
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,613
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Quote:
Originally Posted by Tom
What we need now is to add the W/S exacta!
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That's sort of like the omni/swinger bet.
I would have had a very good day yesterday if they had that bet available. As is, I'd rather not talk about it.
__________________
"Unlearning is the highest form of learning"
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10-23-2022, 10:02 PM
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#5
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Registered User
Join Date: Nov 2017
Posts: 126
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I don't pay attention to the pools, they may be profitable for the NYRA, but NYRA still offers the Grand Slam, a bet that never made sense to me.
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10-24-2022, 09:24 AM
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#6
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Registered User
Join Date: Feb 2020
Posts: 436
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Quote:
Originally Posted by Brass Hat
I don't pay attention to the pools, they may be profitable for the NYRA, but NYRA still offers the Grand Slam, a bet that never made sense to me.
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Oh it made more sense in its infancy. The bet was created to keep bettors around for the later races. Of course on track this makes perfect sense and smaller players like the bet. Now how it’s doesn’t make sense is that simply doing a win parlay will make you more money 90% of the time. I think it’s kept around for conveinance of bettors or fans who can play a little and still have a bet to get excited about and keep them watching.
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10-24-2022, 12:34 PM
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#7
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Registered User
Join Date: Jun 2019
Location: Clarksville, AR
Posts: 1,222
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Quote:
Originally Posted by westernmassbob
Oh it made more sense in its infancy. The bet was created to keep bettors around for the later races. Of course on track this makes perfect sense and smaller players like the bet. Now how it’s doesn’t make sense is that simply doing a win parlay will make you more money 90% of the time. I think it’s kept around for conveinance of bettors or fans who can play a little and still have a bet to get excited about and keep them watching.
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Grand Slam - introduced May 2006
Belmont - Saturday, October 21, 2006 - $30,844 wagered.
BAQ - Saturday, October 22, 2022 - $34,554 wagered.
__________________
Tom in NW Arkansas
——————
”Past performances are no guarantee of future results.” - Why isn't this disclaimer printed in the Daily Racing Form?
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10-24-2022, 08:44 PM
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#8
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Registered User
Join Date: Apr 2019
Posts: 518
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24% takeout remains prohibitive. It's one thing if you're in the WPS pool and you know 2:1 is going to pay 2:1 but you're betting blind into a high takeout pool
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10-24-2022, 10:12 PM
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#9
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Registered User
Join Date: May 2004
Posts: 7,333
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Quote:
Originally Posted by The_Turf_Monster
24% takeout remains prohibitive. It's one thing if you're in the WPS pool and you know 2:1 is going to pay 2:1 but you're betting blind into a high takeout pool
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Feel free to share all the NYRA Pick-4s that come back short the parlay.
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10-25-2022, 11:19 AM
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#10
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Registered User
Join Date: Apr 2019
Posts: 518
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Quote:
Originally Posted by the little guy
Feel free to share all the NYRA Pick-4s that come back short the parlay.
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https://en.wikipedia.org/wiki/Straw_man
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10-25-2022, 11:59 AM
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#11
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Registered User
Join Date: May 2004
Posts: 7,333
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Quote:
Originally Posted by The_Turf_Monster
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In other words, you have none.
You also fail to understand that extrapolating through four slots at 24% is better than one slot at 16%.
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10-25-2022, 12:16 PM
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#12
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Registered User
Join Date: Apr 2019
Posts: 518
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Quote:
Originally Posted by the little guy
In other words, you have none.
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You're equating apples to oranges as a rationale, try to focus
Quote:
Originally Posted by the little guy
You also fail to understand that extrapolating through four slots at 24% is better than one slot at 16%.
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Paying a higher rate on a single bet is never going to be better for the bettor, particularly when factoring in that the pool is blind.
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10-25-2022, 12:21 PM
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#13
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Registered User
Join Date: May 2004
Posts: 7,333
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Quote:
Originally Posted by The_Turf_Monster
You're equating apples to oranges as a rationale, try to focus
Paying a higher rate on a single bet is never going to be better for the bettor, particularly when factoring in that the pool is blind.
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No and No.
It's a far more complicated discussion that you seem to believe. The reality of playing horses is that exotic bets, be they verticals or horizontals, offer better value for sophisticated horseplayers by dispersing takeout through each addition slot. This is a fact.
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10-25-2022, 12:50 PM
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#14
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,871
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Here;s another realty. If you don't like the bet, don't play.
Kudos to NYRA for offering choices.
That is always good for the bettors.
__________________
Who does the Racing Form Detective like in this one?
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10-25-2022, 01:59 PM
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#15
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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Quote:
Originally Posted by Tom
Here;s another realty. If you don't like the bet, don't play.
Kudos to NYRA for offering choices.
That is always good for the bettors.
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Don't tell this to AskinHaskin
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