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12-20-2014, 04:24 PM
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#1
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Registered User
Join Date: Aug 2007
Posts: 1,481
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Dead Heat Payoffs
The 5th at GP today resulted in a dead heat. The multi-race payoffs, prior to the running, were presented as follows
$2 DD 7 - $70 9 - $119 DH payoff: 7 - $35 9 - $59
$1 P3 7 - $89 9 - $129 7 - $43 9 - $64
$ .50 P4 7- $279 9 - $492
The P4 dead heat resulted in following payoff: 7 and 9 both paid $179
Why should the P4 payoff for the 9 be the same as the payoff for the 7?
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12-20-2014, 04:55 PM
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#2
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Registered User
Join Date: Mar 2014
Posts: 75
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Fair or not, they use a different rule for dead heats on a Pick 4/6 than they do for the DDs and Pick 3s.
Crist wrote a nice article about this very topic a couple years ago when the Travers had a Dead Heat:
http://www.drf.com/news/crist-flawed...ld-be-easy-fix
When it came to the pick four ending with the Travers, however, an entirely different procedure was dictated by the rules. Instead of splitting the pool in half, and giving higher payouts to the fewer number of tickets alive to Golden Tickets, the entire pool was divided by the total number of winning tickets on both horses. The pick four paid $990.00 regardless of whether you had used Alpha or Golden Ticket.
This is completely unfair and completely different from the way the other pools were paid out. If you get more than 13 times as much for a pick three ending with Golden Ticket than you do for a pick three ending with Alpha, why should you get the exact same payout with either horse in the pick four? Had the pick four payouts been calculated in the same manner as the win, exacta, trifecta, superfecta, double, and pick three payouts, it would have paid something more like $500 to Alpha and $7,500 to Golden Ticket. Instead, everyone got the same $990 payoff, an undeserved boost for those who bet Alpha and a devastating reduction for those who deserved so much more with Golden Ticket.
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12-20-2014, 05:17 PM
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#3
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Registered User
Join Date: Aug 2007
Posts: 1,481
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Quote:
Originally Posted by TucsonGreyhound
Fair or not, they use a different rule for dead heats on a Pick 4/6 than they do for the DDs and Pick 3s.
Crist wrote a nice article about this very topic a couple years ago when the Travers had a Dead Heat:
http://www.drf.com/news/crist-flawed...ld-be-easy-fix
When it came to the pick four ending with the Travers, however, an entirely different procedure was dictated by the rules. Instead of splitting the pool in half, and giving higher payouts to the fewer number of tickets alive to Golden Tickets, the entire pool was divided by the total number of winning tickets on both horses. The pick four paid $990.00 regardless of whether you had used Alpha or Golden Ticket.
This is completely unfair and completely different from the way the other pools were paid out. If you get more than 13 times as much for a pick three ending with Golden Ticket than you do for a pick three ending with Alpha, why should you get the exact same payout with either horse in the pick four? Had the pick four payouts been calculated in the same manner as the win, exacta, trifecta, superfecta, double, and pick three payouts, it would have paid something more like $500 to Alpha and $7,500 to Golden Ticket. Instead, everyone got the same $990 payoff, an undeserved boost for those who bet Alpha and a devastating reduction for those who deserved so much more with Golden Ticket.
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That is more of a dramatic difference than the GP race. Today's computer ability should be able to calculate different P4/P6 payouts.
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