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Originally Posted by wac
does anyone on here do these tournaments? Just looking at it, looks kinda fun but is it worth the time/money? if you pick enough winners to win a contest couldn't you make more money by betting on your picks? Just wondering as it at least looks interesting and by only spending $30 to play would probably be cheaper then actually betting on each race. thoughts?
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I actually play in the DerbyWars contests on a very regular basis. It is extremely fun and IMO worth the money. (10%-12% takeout depending on the game)(A takeout you can typically eliminate altogether by winning entries into bigger events...or if a tournament doesn't fill to capacity and still runs) You kind of touched on what is an incredibly important point. Most people will try and play every race on a card, which, in the long run is a recipe for disaster. Action bets will burn more bankroll than you think. I was always guilty of this. Sometimes playing pick 4's is like a crack habit...you just cant help yourself. By playing in contests ALONG with everyday betting I have been able to easily simplify my wagering by focusing on races or sequences I truly like and not playing them all. My ACTION comes in the tournaments so that I have an interest in each and every race on a given card.