Bridge jumper on Zenyatta

[skippy3481]

200k in the last minute into the show pool

[eajinabi]

whoever did it just made 10k

Originally Posted by eajinabi

whoever did it just made 10k

Would 10K actually be worth the agony of watching the race having
200K to lose...

Christ. Guess it is exciting to know one has that much to lose,
and so little to gain.

What a perfectly horrible bet.

[dalakhani]

Originally Posted by pgardn

Would 10K actually be worth the agony of watching the race having
200K to lose...

Christ. Guess it is exciting to know one has that much to lose,
and so little to gain.

What a perfectly horrible bet.

I dont know...I reserve horrible bet status for the ones that actually lose.

Regardless of how tight it was, the guy won 10k.

[hi_im_god]

assuming he's in the 28% tax bracket, he actually bet $200,000 to win $7200.

This person put that bet up in the last minute.
So this person probably drastically changes the show pool size
which this person(s) would hopefully realized. So I guess they
are banking on some bad horses to come in along with their "winner"

But since the payout is the minimum, the other two horses in
the money most likely were horses that should have been at least close
to "in the money horses" as viewed by the public. Or they just did not
look at the show pool size before they bet.

I guess I see that as a perfectly horrible bet.
A less than 5% profit risking 200K... God help me.

I am a before the outcome is known kinda fella.

This betting entity had 200K; just pay Vito the grand for Christ sakes.

All fallacies in my reasoning appreciated...

[SCUDSBROTHER]

Originally Posted by hi_im_god

assuming he's in the 28% tax bracket, he actually bet $200,000 to win $7200.

Of which he will bet tomorrow, and (right away) give up a minimum of 15%.

[Norfolk]

Originally Posted by hi_im_god

assuming he's in the 28% tax bracket, he actually bet $200,000 to win $7200.

Do you really think he/she is going to declare it?

[Strategic Mission]

Originally Posted by pgardn

Would 10K actually be worth the agony of watching the race having
200K to lose...

Christ. Guess it is exciting to know one has that much to lose,
and so little to gain.

What a perfectly horrible bet.

It is if you are laundering money, which is often really what a bridge jumper is.

Originally Posted by Strategic Mission

It is if you are laundering money, which is often really what a bridge jumper is.

Aha.

Thank you.
That would make sense.

I wonder how they layed the 200K down in the first place?
question was already posted...

[The Indomitable DrugS]

I always wondered what would stop a teller from bridge jumping.

I can't believe that we haven't yet heard of a story of a teller making 150K in show bets for himself - and running to his car and driving off after he loses.

It would seem like an easier thing to do than rob a bank....that's for sure.

You do hear a lot about tellers losing thousands and even as much as $17K betting.