Re: Why (682 Views)
Posted by:
moosepalm (IP Logged)
Date: October 08, 2018 04:11PM
FrankD. Wrote:
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> They did.
> It has been listed on NYRA site that the bet would
> run through October 6th. An extensive google
> search turned up nothing, not an article or press
> release as to why. I did uncover an article before
> last years Wood announcing it’s comeback.
>
> https://www.nyra.com/aqueduct/news/nyra-bets-late-
> pick-5-returns-daily-beginning-wood-memorial-day
>
> The handle on the bet was abysmal even on big
> stakes Saturday’s it could not come close to the
> early pick 5 pool that is open to all. On any
> given day the early pick 5 pool would be 3 to 4
> times the NYRA/NY outlets only wager.
>
> Six months of Aqueduct are around the corner with
> 5 horse fields and 8 race cards 3&4 days a week
> through a couple of those months, making it not
> very appealing.
> Of course there is not a NYRA press release
> pending that you can look forward to months of
> non-betable garbage.....
>
> I get the marketing attempt to build NYRA bets by
> offering it to their own customers and to an
> extent it did grow their site. The bet just was
> unavailable
> In too many markets to churn a big handle IMHO.
Frank, I get all that, but do you have any sense of the margins that would dictate the pros and cons in determining its availability. The logic of what you're writing suggests there must be some kind of break even point in making it available. For example, they continue to offer quinella wagering, but in today's 2nd, the pool barely crossed 4K. I always assumed that it continued primarily because they forgot about it.
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