The notion that "the bet was originally designed with the hope of giving one of our customers the chance to make a life-changing score with the kind of payout we had today" is preposterous.
The bet was not put in place for that reason, it was put in place to generate a pk6 pool that could rake in a lot more money for the track since the traditional pk6 play at Gulfstream was not able to generate the pool sizes that are generated in Southern California or New York.
The bet is designed for people to spend their money chasing an almost impossible dream with a minimum designed to draw any size player regardless of how much they can afford to spend. As Doug has pointed out on numerous occasions, the level of takeout makes it a sucker bet for the vast majority other than the mandatory payout day.
This bet helps the small player (on any day other than a mandatory payout) as much as the lottery helps the poor who dump a percentage of their money into that.
|