Delaware Park 8/6 Race 7

[GPK]

I would be livid if I would have had this exacta yesterday. 9 horse field, MSW going 1 mile on the grass. A 16-1 shot wins ($35.20) the race followed by a 24-1 shot second (pays $28.00 to place), they were the 3rd and 4th longest shots in the field. There was $75,843 in the exacta pool.

The $2 exacta pays $431.80. I didn't bet the race, so I had no interest in the outcome, but that is just downright theivery. Im not much of a conspiracy theorist it comes to horse racing...but this stinks of something seriously wrong IMO.

[philcski]

That actually isn't an unreasonable number. My formula for "par" exacta payoffs is win price X 1/2 the place price X 90%, which in this case works out to $443.

[philcski]

Originally Posted by DaHoss9698

Phil, a few weekends ago when Joppa's Flats won and Tiz It was second, the exacta came back like $350 which seemed real low. Especially considering the big favorite was off the board and Joppa's paid $70+. What did you think? I figured it was just a lot of money in the exacta pool with Tiz It second, but even then it seemed very low.

I remember thinking the same thing... but then I thought maybe it was because Joppa was really not 35-1 in the exacta pool since he was only like 10-1 ML and honestly a ridiculous price at 35-1 (even though i didn't have him anywhere near my tickets) and Tiz It running second as usual probably didn't help. That was a big, tough field though. NYRA exotic payoffs are consistently lower than anywhere else, the bettors are much sharper IMO, which is why i was so surprised at the early pick 4 payoff yesterday.

[philcski]

Originally Posted by DaHoss9698

Joppa's was actually 30-1 ML I think. I guess I'm harping on it because it was one of the few tickets I've cashed this meet.

Good hit there... my one and only good hit this meet was Skills Coach

[GPK]

Originally Posted by philcski

That actually isn't an unreasonable number. My formula for "par" exacta payoffs is win price X 1/2 the place price X 90%, which in this case works out to $443.

Thanks Phil. Never heard the formula done that way.