ROI Results 9/30 @ BEL/SAX

[Real Quiet]

The All Stake card at Belmont and Santa Anita provided some good racing and a spirited contest
with more than a few winners and a full board of point getters. The 3rd and 4th slot battle was
close with Don hitting another trifecta and edging out Plenilune for the show spot. Don caught his
tri in race 9 worth $127 with Plen hitting a winner in race 10 worth $123. Real Quiet takes second
with a Belmont 10 cent superfecta and a Santa Anita exacta to pull in $603 but it wasn't enough.
Joly B takes the All Stakes win with a Belmont Pick 4 with 3 of his winners paying double digits.
Joly stated that he would be "Elated" if his single came in and indeed he was. Both he and I
singled a horse in the Pick 4 and mine could only finish second and therefore so did I. Congrats
on a super win Joly and a great winning structure. A $635 Pick 4 is mighty nice. Following are
the unofficial results pending any objections. See you all next week wherever RYonker ships
us.

WIN... Joly B... +$539.00... Bel R 7: $2 Pick 4: 4 // 4 // 1 // 5... $635.00


PLACE... Real Quiet... +$503.20... BEL R 10 10 cent super 5 w 9 w 3 w 4... $137.90
SA R 9 $11 ex key 5 w 2 $42.30 X 11... $465.30

SHOW... Don Guido... +$31.20... B R 9 - $8 tri 1/5/7 $7.95 X 16... $127.20


SUPER... Plenilune... +$23.00... SA10 $30 W $6 $8.20 X 15... $123.00


RYonker -$20.00 Bel R 9 $2 superfecta 1/5/7/2... $64.00
NJ Stinks -$100.00
Ruffian -$100.00
Cruzan -$100.00

[JolyB]

That is a good illustration of the difference between the old and the new IRS reporting and withholding rules. In the real world, a wager such as mine would have been a "signer" under the old rules since it was a wager that had proceeds of over $600 and the winning payoff taken by itself had odds of 300-1 or greater. However, under the new rules, the entire ticket would have been taken into account, and since my ticket cost $98, the payoff would have been much, much less than the required 300-1. That looks at the simple fact that the ticket included 47 losing combinations in addition to the one successful one.

The only thing that amazes me is how long it took the IRS to appreciate the way that exotic wagering has changed from the old days of only WPS betting.