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Old 01-06-2017, 04:00 PM
Rupert Pupkin Rupert Pupkin is offline
Del Mar
 
Join Date: Jun 2006
Posts: 5,102
Default Wrong Payoff at Gulfstream?

I have no idea how they could make a mistake on a place price, but I did the math and I believe the payoff was wrong. In the 6th race at Gulfstream, Sadie Be Good only payed $3.00 to place. There was $52,325 in the place pool. She had $17,393 bet on her to place. The horse that finished 2nd (Loxley) had $5,015 bet on her to place. So if you subtract $17,393 and $5,015 from $52,325 and then you subtract $8,372 (16% take) from the place pool, you are left with $21,545. You need to cut that in half which leaves you with $10,772 for each horse.

Sadie Be Good had $17,393 bet on her to place. There should have been $10,772 left to pay those tickets off. So she should have paid $3.40 to place, not $3.00.

After a race, before the results are official, I do these calculations every day. My math is practically always right. I can't figure out how Sadie Be Good only paid $3.00 to place. Can anyone make sense of this?
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