View Poll Results: Pick 5 Base Minimum
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$1
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12 |
17.65% |
50 cents
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56 |
82.35% |
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11-22-2019, 12:08 PM
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#1
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Registered User
Join Date: Jul 2015
Posts: 876
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Pick 5 Base Minimum
Hello
What base minimum would you prefer for a Pick 5?
The current 50 cent base, or $1?
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11-22-2019, 12:21 PM
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#2
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Join Date: Aug 2016
Location: Fergus,ON
Posts: 3,722
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I would prefer to have a 50c base because it can help you with saving money over multiple races and pay less than $1 , but $1 base would cost more and pay more. Just my thought on it.
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11-22-2019, 12:31 PM
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#3
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Registered User
Join Date: Feb 2010
Posts: 2,749
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I used to prefer 50 cents but under the new tax laws I prefer one dollar.
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11-22-2019, 12:54 PM
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#4
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Registered User
Join Date: Sep 2007
Posts: 4,149
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Fitty
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11-22-2019, 01:34 PM
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#5
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Registered User
Join Date: Jan 2006
Posts: 28,552
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I think this question is best suited for the pick-3. IMO...the pick-5's widespread popularity can be directly attributed to its 50-cent availability. Move the base price to $1 and the popularity of the wager will be reduced by 80%.
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11-22-2019, 02:12 PM
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#6
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by thaskalos
I think this question is best suited for the pick-3. IMO...the pick-5's widespread popularity can be directly attributed to its 50-cent availability. Move the base price to $1 and the popularity of the wager will be reduced by 80%.
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Pick 3 used to be a great bet, now it is terrible and I think the low minimums are the main culprit. Not all of course, but they don't help.
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11-22-2019, 02:42 PM
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#7
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Veteran
Join Date: Mar 2010
Posts: 313
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Quote:
Originally Posted by cj
Pick 3 used to be a great bet, now it is terrible and I think the low minimums are the main culprit. Not all of course, but they don't help.
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The low minimum on the p3 coupled with the low takeout for the p5 make that choice a no brained, especially when you have a single in the sequence.
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11-22-2019, 02:56 PM
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#8
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Registered User
Join Date: May 2008
Location: Nebraska
Posts: 15,123
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Quote:
Originally Posted by cj
Pick 3 used to be a great bet, now it is terrible and I think the low minimums are the main culprit. Not all of course, but they don't help.
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Agree and disagree. I think it made the all play easier for people and can lower pay outs that way. But is still a good bet on occasion. I played one today starting in race #3 at GPW. 4x4x1. Hit the longest shot on the board in the first leg, waiting for the second leg to go off. Thing about the $8.00 ticket is that I singled a 20/1 in the last leg.
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11-22-2019, 03:01 PM
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#9
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Registered User
Join Date: Aug 2012
Posts: 8,798
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If you are a good handicapper, you probably prefer high minimums.
But if you are a track executive, you probably prefer low minimums.
BTW, the trend in gambling is towards low minimums. For instance, penny slots have made a big time comeback in Vegas. Of course, 99 percent of players play for more than a penny. But you can play for a penny if you want to on many machines. Low minimums entices casual players to take a stab.
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11-22-2019, 03:41 PM
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#10
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Registered User
Join Date: Sep 2007
Posts: 4,149
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For p3 keep dollar min.
I rarely play Woodbine but for those who do, how do the .20 mins work out?
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11-22-2019, 04:38 PM
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#11
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Registered User
Join Date: Dec 2011
Posts: 4,285
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Quote:
Originally Posted by jay68802
Agree and disagree. I think it made the all play easier for people and can lower pay outs that way. But is still a good bet on occasion. I played one today starting in race #3 at GPW. 4x4x1. Hit the longest shot on the board in the first leg, waiting for the second leg to go off. Thing about the $8.00 ticket is that I singled a 20/1 in the last leg.
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If some payouts go down doesn't that mean others go up?
__________________
Best writing advice ever received: Never use a long word when a diminutive one will suffice.
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11-22-2019, 05:03 PM
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#12
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by AndyC
If some payouts go down doesn't that mean others go up?
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Yes, the chalky ones. But most people aren't playing horizontals to catch all the logical ones.
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11-22-2019, 05:11 PM
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#13
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Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
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Quote:
Originally Posted by delsully
The low minimum on the p3 coupled with the low takeout for the p5 make that choice a no brained, especially when you have a single in the sequence.
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Agree 100%. In the 90s, the pic 3 was my favorite bet. Now I rarely play it anymore.
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11-22-2019, 05:14 PM
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#14
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$2 Showbettor
Join Date: Dec 2013
Location: The Villages
Posts: 2,578
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50 cents for pick 5; $1 for pick 4 & pick 3.
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11-22-2019, 05:51 PM
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#15
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Registered User
Join Date: Aug 2012
Posts: 8,798
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Quote:
Originally Posted by cj
Yes, the chalky ones. But most people aren't playing horizontals to catch all the logical ones.
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The thing is, that's a great insight about human psychology but it is also describing highly irrational behavior.
I mean, let's be clear here- is the goal to make a long-term profit by exposing inefficiencies in the betting pool, or is the goal to gambolll and hope to make a big score?
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