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Hoodwink

"What's the biggest superfecta you've hit in your playing days PTP?"

"I hit one at Keeneland that paid $195,847." is my answer.

Although, in racing, what you hit it for versus what it's reported as is often pure folly. There wasn't $195,847 in the pool at Keeneland. But there it was, reported as such.
I don't blame Bob for his article at ABR. It takes a calculator to figure out what something really pays, versus what it's reported as. In horse racing, reporting life-changing scores that aren't really life-changing scores is something that just happens.

Like most things like this in racing - will pays, probables, etc - everything should be by the book and uniform. In fact, if a casino reported a $2 million dollar slots payoff, or a lottery reported a $22 million dollar winner, when those numbers were fantasy, someone would probably fix it pretty quickly. But we just trudge on, reporting things to customers and potential customers that never happened, with impunity.

Comments

Eric Poteck said…
Thanks Pocket. It is unconscionable that an organization that is suppose to promote horse race wagering would inflate payout prices with the sole intention of deceiving horseplayers. It is clearly fraudulent and the many state and federal regulators across North America don't seem to care.
Sal Carcia said…
This practice has been going on since the advent of the 10 cents super play. The tracks just continued reporting it for $1 as they had always done. I doubt seriously if anyone, but the players, ever noticed it. There are many examples of this throughout the industry. For example, Twinspires still posts $1 probable payoffs on $.50 pick 3s, 4s and 5s.
Pacingguy said…
I don't know if it is meant to hoodwink horseplayers; we know the story. I think the hope is it gets into the mainstream papers/media to get non-horseplayers or those who play lotteries to give racing a chance.

Boy will they be disappointed if they hit one.