We posted a few weeks ago a comment from a bettor: "What bothers me is a $10,000 payoff is being reported as 100,000 and the vast majority of horseplayers believe it is actually paying $100,000. I am trying to eliminate the posting of bull sh** payouts!"
A small thing for some, but ethically is he wrong? I did not think so, and I know many of you who play the racing product agree. Well, I do not know what happened - whether he and others emailed or what - but whatever happened, it has changed. Woodbine is no longer (in their press releases) reporting payouts like this. In their most recent press release.
" On Friday night, More Moss upset in the fourth race, returning $127.80 to win. That kicked off a Pick-4 that paid a whopping $24,257.50 for a .20 cent combination."
According to the charts, this pick 4 was reported as a $121,000 payout. They used the smaller denomination (one person hit the pick 4 for 20 cents on this occasion) when reporting it.
There are a couple of other examples over the past week.
As well, their pick 4 pool hit $65k last week, and Monday's handle was solid.
The racing has not changed, the drivers are driving the same, the field size is no different. But the handle is up. A little bit of promotion, and listening to folks like the punter who complained above, is not a bad thing. That's good business.
Tuesday, May 11, 2010
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