Show Pool On Blind Luck

[mjellish]

10 MIN to Post Race 4 at SA

Total Show Pool $145K
On Blind Luck $136K

[Silver Charm]

It looked like she got there. Turning for home some people were serious squirming however.

[mjellish]

I figured NYC Guy must have been all in...

[nyc1347]

LOL!   i had $4000 on the show lol  easy money!  those were slooooow fractions and i think that the race was deceiving with her effort.. that last 1/8 clocked around 11 seconds and she came from lengths behind

[shanahan]

that seems like a bad bet per my perspective...why risk $4K for 5 cents on the dollar?  Explain further....I\'ve never understood the show wager on big favs...

[mjellish]

In my opinion it\'s about as bad a bet as you can possibly make in racing.  Have to be right 20/20 just to break even.  Not very likely in my opinion.  

But to each their own.

[FrankD.]

it\'s called betting a delicatessen to win a pickle !!!

[nyc1347]

FrankD. Wrote:
-------------------------------------------------------
> it\'s called betting a delicatessen to win a pickle
> !!!



a pickle is %5 of a deli?  must be some deli you have there Frank  =)

[TGJB]

You do realize that if you do this 21 times you have to hit 20 to break even, right?

[nyc1347]

yes i understand completely.. but thats also assuming that i would get a return of %5 each time.  there are plenty of opportunities that allow me to get a horse that completely overlays a field on paper and still give me %20-30 or more back.. there are also tracks that pay $2.20 to show minimum.

[classicliberty]

Plus, the numbers change if you are getting a rebate on your show bet.

[nyc1347]

i dont normally do a $4000 show wager..  only on something that sticks out so much.  something crazy would have to happen in order for a horse like that not to show in a race so its easy money..  5 hits is $1000 profit and nothing is guaranteed buuuut it kinda sorta sometimes is  =)

[FrankD.]

Good point liberty, with a 2 % show rebate and a 5 % roi on investment you only have to hit 28 out of 30 to break even at $ 1,000.00 per bet.

We go from endless discussions on R vs Z on this site to many clamouring for handicapping discussions ? Now were talking about show betting ?

 From my point of view show betting is for old ladies who bet $ 2.00 on the gray horse to the rocket scientists who \" borrow money from their company over the weekend on sure things \" only to end up in jail on Monday !

Come on guy\'s show betting

Frank D.

[FrankD.]

Addendum:

Some houses will rebate 3% WPS, almost all will not rebate $2.10 or $ 2.20 show prices at all !!!