When a long shot like Mine that Bird wins, all the handicappers are left scratching their heads. Especially when you consider that handicapping was unnecessary..
$2 to win on ALL = 19 horses x $2 or $38. Payout - $103.20. Return - 272%.
$2 exacta, ALL over ALL = 19 horses x 18 horses x $2 or $684. Payout - $2,074.80. Return - 303%.
$2 trifecta, ALL over ALL over ALL = 19 horses x 18 horses x 17 horses x $2 or $11,628. Payout - $41,500.60. Return - 357%.
$2 superfecta, ALL over ALL over ALL over ALL = 19 horses x 18 horses x 17 horses x 16 horses x $2 or $186,048. Payout - $557,006.40. Return - 299%.
If only you could have seen the future and had about $200,000 lying around. Although, if you could see the future you a) could focus your bets better and b) would have more than $200K lying around anyway.
And, yes, I know that the $557,006.40 probably represents the entire superfecta pool, so you'd really only have made about a $75,000 profit.
May 2, 2009
How You Could Have Bet the Derby...
Summer is here and there's never been a better time to try your hand at online sports betting. Place your bets on your favorite horse with horse racing or even try your luck with your favorite football team. Enjoying sport is just a click away!
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In the Post today they said there were 23 $1 superfecta winners....so the pool was way more than what you thought it was....just an insane payout.
You made fun of my use of the FIELD button, but it could have paid off well yesterday as you have noted here. Too bad my winner finished 18th.
That is way more than I thought probably because I consider the superfecta to be a sucker bet. That means the extra bet dilutes the profit that much less though.
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