Oaklawn reduces minimum bets

[herkhorse]

Oaklawn has reduced minimum bets on pick 3's and pick 4's to 50 cents, and the Classix (pick 6) to 1.00

I guess it was inevitable, but it still makes me

[jms62]

Originally Posted by herkhorse

Oaklawn has reduced minimum bets on pick 3's and pick 4's to 50 cents, and the Classix (pick 6) to 1.00

I guess it was inevitable, but it still makes me

Say hello to the 200.00 P4 payout making an unbeatable game even more so.

[Calzone Lord]

Originally Posted by jms62

Say hello to the 200.00 P4 payout making an unbeatable game even more so.

Bet it more times for 50-cents.

If anything -- lower minimums make the game more beatable because they greatly diminish your chances of having to deal with withholding on a big paying ticket and they greatly reduce the amount of times you sign.

[cmorioles]

Originally Posted by Calzone Lord

Bet it more times for 50-cents.

If anything -- lower minimums make the game more beatable because they greatly diminish your chances of having to deal with withholding on a big paying ticket and they greatly reduce the amount of times you sign.

I agree, I've never really understood that argument. It does cut down on the chances of a huge, take the whole pool type score. What it also does is put a whole bunch of dumb combinations in as well. At worst it is a push, and at best probably helps those that are smart about the bet.

It's definitely a challenge not to get lazy and play safe...which usually results in a bloodbath.

[RockHardTen1985]

Originally Posted by Coach Pants

It's definitely a challenge not to get lazy and play safe...which usually results in a bloodbath.

Well said. Any track that offers 50 cent pick 3's I try to play for a minimum of $1.50 and punch 2-3-2 type tickets. Its very easy to get lazy and go 4-4-5 for 50 cents. Then you get prices and its only paying around $100. I will only play a minimum of 50 cents if its for just some action of BC days.

[DaTruth]

Originally Posted by RockHardTen1985

Well said. Any track that offers 50 cent pick 3's I try to play for a minimum of $1.50 and punch 2-3-2 type tickets. Its very easy to get lazy and go 4-4-5 for 50 cents. Then you get prices and its only paying around $100. I will only play a minimum of 50 cents if its for just some action of BC days.

I thought you were more fond of going ice cold with $100 1-1-1 tickets.

[jms62]

Originally Posted by Calzone Lord

Bet it more times for 50-cents.

If anything -- lower minimums make the game more beatable because they greatly diminish your chances of having to deal with withholding on a big paying ticket and they greatly reduce the amount of times you sign.

Unfortunately there is no analysis that supports what you said. Payouts are watered down and simply doubling up doesn't get it done. Players will bet the same amount as always and have more combinations thus watering down the payout. One thing it is doing is driving down handle probably pushing some whales out of the door. Would love to see some hard and true analysis on the effect of lower minimums

[cmorioles]

Originally Posted by jms62

Unfortunately there is no analysis that supports what you said. Payouts are watered down and simply doubling up doesn't get it done. Players will bet the same amount as always and have more combinations thus watering down the payout. One thing it is doing is driving down handle probably pushing some whales out of the door. Would love to see some hard and true analysis on the effect of lower minimums

They drive down the biggest payouts, but they drive up others. We'll see how handle compares to last year, but anything that makes the pool bigger should help a player with an edge.