Pimlico's new Slider wager

[InTheRiver68]

Pimlico announced a new bet, the Slider, starting with opening day at Pimlico (April 1, no foolin').

First race (of the bet, not necessarily the first race of the day), pick the winner.
Second race, pick the exacta.
Third race, pick the triple.
Fourth race, pick the superfecta.

50 cent minimum, 18% takeout, not an exchange bet (all bets go on one ticket). Any ticket with a scratched horse is a refund.

Probably Amtote-only tracks; sounds like the programming would be complicated, worse than the Gulfstream Rainbow 6.

Sounds like they're going to sweeten it with a $100,000 jackpot.

Comment?

-InTheRiver68

[Shelby]

I think it sounds fun!

[The_Knight_Sky]

Originally Posted by InTheRiver68

18% takeout

Why do all great ideas have to be sabotaged with takeout rates set at 15% or higher?

Make a splash - 12% or lower.

The difficulty level is enormous and $100,000 jackpot seems like a horrid underlay.

[Beachbabe]

This has got "maximum carryover" written all over it.

[InTheRiver68]

Originally Posted by Beachbabe

This has got "maximum carryover" written all over it.

a la Rainbow 6?

Worth noting is that the last live day of racing at Pimlico this year is Preakness Day. If there's a monster carryover on that day, they stand to clean up!

-InTheRiver68

[cj's dad]

Originally Posted by InTheRiver68

a la Rainbow 6?

Worth noting is that the last live day of racing at Pimlico this year is Preakness Day. If there's a monster carryover on that day, they stand to clean up!

-InTheRiver68

I'm pretty certain that this has been the case for more than a few years now.

[Fingal]

Originally Posted by Beachbabe

This has got "maximum carryover" written all over it.

Gulfstream, Pimlico....what do they have in common ?

Stronach.

Frank wants his " jackpot bets. "

[Southieboy]

Originally Posted by InTheRiver68

First race (of the bet, not necessarily the first race of the day), pick the winner.
Second race, pick the exacta.
Third race, pick the triple.
Fourth race, pick the superfecta.

Comment?

-InTheRiver68

Sounds like the backward (tougher) version of the Grand Slam.

Q: Who bets Pimico in April?

[Horseplayersbet.com]

No consolations. From the TT article:

"The combinations involved in the Slider wager are staggering. If each race averages eight betting interests then there are 252,887,040 available combinations, which is more than 964 times the available combinations available in a pick six sequence with eight betting interests or about the equivalent of a pick six with 25 betting interests in each race."

Seriously, I can't this attracting much play. Would you invest $1 on a 250 million to one shot that might have attract less than $10,000 a day to begin with? Even with the $100k guaranteed?

They need to give consolations for this to have at least a chance. Also, the probabilities go sky high if the last two wagers have more than 8 horses especially.
http://www.thoroughbredtimes.com/rac...der-wager.aspx

[precocity]

sucker bet

[Cardus]

A slider is to be eaten, not wagered.

[Beachbabe]

[QUOTE=Southieboy]Sounds like the backward (tougher) version of the Grand Slam.

Q: Who bets Pimico in April?[/QUOTE]


Moi !!! (but I wouldn't touch that bet.............and why is it called a "slider" )

[FenceBored]

And here I thought it was going to be a cross-promotional deal with White Castle.

[InTheRiver68]

Originally Posted by Horseplayersbet.com

No consolations. From the TT article:

"The combinations involved in the Slider wager are staggering. If each race averages eight betting interests then there are 252,887,040 available combinations, which is more than 964 times the available combinations available in a pick six sequence with eight betting interests or about the equivalent of a pick six with 25 betting interests in each race."

Seriously, I can't this attracting much play. Would you invest $1 on a 250 million to one shot that might have attract less than $10,000 a day to begin with? Even with the $100k guaranteed?

They need to give consolations for this to have at least a chance. Also, the probabilities go sky high if the last two wagers have more than 8 horses especially.
http://www.thoroughbredtimes.com/rac...der-wager.aspx

Could have been much, much worse. The original jackpot bet they were considering was the Quad Superfecta.

-InTheRiver68

[Horseplayersbet.com]

I have to wonder if they did any polling of Horseplayers before they came up with this one. I do think it would be a different story if there was a 30-40% consolation payoff on new money who are lucky enough to pick the first three parts (150,000-1 assuming 8 horse races).
8*56*336