Santa Anita opens with a gift for pick-six bettors

[Andymays]

http://www.drf.com/news/santa-anita-ope ... ix-bettors

Another thing bettors will thrive on is an innovative twist being planned for the Santa Anita pick six that would effectively reduce the takeout rate to just 3.68 percent for ontrack players. It could bring the wager storming back to popularity.

Santa Anita officials and Thoroughbred Owners of California on Friday were finalizing details of a creative idea that offers a 20 percent rebate bonus to winning ontrack pick six bettors. Takeout for the bet is 23.68 percent; the bonus drops the effective rate to 3.68.

Details have been slow to emerge, and track officials declined comment until the plan is signed, but one TOC source said, “It’s a done deal.”

As of Friday, the proposal faced legal and infrastructure hurdles; none was considered insurmountable. The concept is expected to work like this: Winning pick-six tickets purchased at Santa Anita by an “account-holder,” who must swipe an account card, would receive a 20 percent rebate bonus on non-carryover days.

For example, a $10,000 pick six winner would receive a $2,000 rebate
bonus. A $100,000 pick six winner would receive an additional $20,000.
The bonus would be offered regardless of number of winning tickets.
The plan would be funded from the California Marketing Committee and the TOC.

Track president George Haines deferred comment on the plan, which is tentatively scheduled to launch Jan. 1.

[Joel]

Any word on Santa Anita's betting menu? Minimums and wagers offered?

Santa Anita's website is terrible..

[Andymays]

Any word on Santa Anita's betting menu? Minimums and wagers offered?

Santa Anita's website is terrible..

I don't see it anywhere. That's definitely something that should be easy to find.

[Suddenice]

http://www.drf.com/news/santa-anita-opens-gift-pick-six-bettors

The plan would be funded from the California Marketing Committee and the TOC.

Track president George Haines deferred comment on the plan, which is tentatively scheduled to launch Jan. 1.

From the article, it appears the gift is coming from the TOC and CMC and should be noted in the headline of this thread.

[Andymays]

http://www.drf.com/news/santa-anita-opens-gift-pick-six-bettors

The plan would be funded from the California Marketing Committee and the TOC.

Track president George Haines deferred comment on the plan, which is tentatively scheduled to launch Jan. 1.

From the article, it appears the gift is coming from the TOC and CMC and should be noted in the headline of this thread.

There's only so much room. Correct me if I'm wrong but the CMC is supposed to work for ALL the tracks. There is a lot more to come on this story.

[Andyc]

http://www.drf.com/news/santa-anita-opens-gift-pick-six-bettors

Another thing bettors will thrive on is an innovative twist being planned for the Santa Anita pick six that would effectively reduce the takeout rate to just 3.68 percent for ontrack players. It could bring the wager storming back to popularity.

Santa Anita officials and Thoroughbred Owners of California on Friday were finalizing details of a creative idea that offers a 20 percent rebate bonus to winning ontrack pick six bettors. Takeout for the bet is 23.68 percent; the bonus drops the effective rate to 3.68.

Details have been slow to emerge, and track officials declined comment until the plan is signed, but one TOC source said, “It’s a done deal.”

As of Friday, the proposal faced legal and infrastructure hurdles; none was considered insurmountable. The concept is expected to work like this: Winning pick-six tickets purchased at Santa Anita by an “account-holder,” who must swipe an account card, would receive a 20 percent rebate bonus on non-carryover days.

For example, a $10,000 pick six winner would receive a $2,000 rebate
bonus. A $100,000 pick six winner would receive an additional $20,000.
The bonus would be offered regardless of number of winning tickets.
The plan would be funded from the California Marketing Committee and the TOC.

Track president George Haines deferred comment on the plan, which is tentatively scheduled to launch Jan. 1.

While getting a 20% bonus on a Pick 6 is certainly a good thing Brad Free is incorrect regarding the effective takeout when considering the bonus. Because the winners share of a P-6 pool is about 53.16% of the total pool the 20% bonus only reduces the effective takeout by 10.63% so the effective rate is 13.05%. Good but I won't be making any special trips to the track to bet a 13.05% takeout bet on a non-carryover day.

[Triple Threat]

It's a great start. Incentivizing being on track is long overdue.

Idk how much of the pick six is handled on track, but it would be nice to see a rebate on another exotic bet, such as an exacta or trifecta. I think a rebate on either of those bets would be more beneficial, though it is probably likely that the TOC / CMC would have to pay out more.

[Igeteven]

Of all the member here, I doubt that less then 10 percent play the pick 6.


Of all the bets, the pick 4 or the pick 5 is so much better for the average player due to the high costs of hitting a big one.


All right member, I calling you out, how many here play the pick 6

me Personally I know of only 3 members that play it.


Well members, do you play it or not.?

Here are the members, Joel, DX and Andymays,

Again, this bet caters to a special player.

[Claimboxx]

Of all the member here, I doubt that less then 10 percent play the pick 6.


Of all the bets, the pick 4 or the pick 5 is so much better for the average player due to the high costs of hitting a big one.


All right member, I calling you out, how many here play the pick 6

me Personally I know of only 3 members that play it.


Well members, do you play it or not.?

Here are the members, Joel, DX and Andymays,

Again, this bet caters to a special player.

Lester,
THE DMTC Forum DOES NOT BELONG TO YOU! Stop trying prompt everyone for a response. This is many peoples livelihood...How in the love do you know how or what anyone gambles on... You certainly have no idea how much or what wagers I make, nor is it any of your loveing business and I can safely say you have no idea what 98% of the other posters gamble on, amounts or favorite wagers... MIND YOUR OWN BUSINESS and WORRY ABOUT YOURSELF..

As far as the new incentivizing of the Pick Six, I think it is a great idea.. Why not handsomely reward the bettor for coming to the live racing venue, and give them a reason to make it worth their while. I certainly hope this goes through and is a success!

[Igeteven]

AAron, You have to be nuts , you come to my posts and threads, if will be a cold day in hell if I ever post on yours, you are a stoker and real odd ball. You show high intelligence then stupidity,

Go take you medication and get back to me.

One big question, are you bi polor. or under a Dr care. ?