Venue 09.07.2019

[JolyB]

Originally Posted by cal828

Should be very interesting. I was curious about the payoffs so I looked up the results for KD and Saratoga for a comparison.

Exactas and tri average payoffs at Saratoga on Saturday were:

$24 for exactas and $65.33 for tris

Exactas and tri average payoffs at Kentucky Downs were:

$85.70 for exactas and $437.27 for tris

So it looks like, there could be some very big returns at Kentucky Downs(assuming some of us can solve the handicapping puzzles that the races present!)

One of the reasons for the much larger average payoffs at Kentucky Downs has to be the larger fields. For our contest, a majority of the races have not only a full field of 12 runners, but an also eligible list of up to four more.

The very generous purses available at KD has to contribute to these large fields. I can't recall ever seeing a maiden race offering a purse of $130,000, as Race 1 does, even if that includes money from the KY Thoroughbred Development Fund. Every subsequent race has an equally generous purse.

A portion of the race conditions that intrigued me the most was the following: "Pari-Mutuel Wagering On Historic Horse Races Generated $113,100 Of The Total Purse". As I understand it, that refers to what is essentially a slot machine that uses a previously run race (the outcome of which is not known to the player) as its format. It seems to be used in places that prohibit slots but allow pari-mutuel wagering and tries to slip into a grey area between the two. It is very helpful when what is essentially slots revenue can do so much to support horse racing purses.