At one of the short meets later in the year they should give this a shot.
A 50 cent Pick 6 wager with no consolations and a jackpot provision whereby 15% of the pool carries over if there are more than 3 TRANSACTIONS ( or pick your number). I would say anywhere from 2-5 transactions.
The difference between transactions and tickets is that it allows someone to play say a $5 increment and not be penalized for having it more than one time if they really like the sequence. That helps handle. The one ticket only thing might be a good marketing gimmick but that also makes it a BAD bet.
Oh yah, and make the takeout a REASONABLE 18%.
I noted that there would be no consolation even though there could be if that’s what that’s what the Track wants to have. I think that the only time winners without 6 (say 5) should be paid is if there are NO Tickets with 6. In that case 25% of the pool should be paid to those Gamblers. The remainder goes into a carryover pool.
Additionally there would have to be 2 pools in the event of nobody hitting 6 and along with the JACKPOT POOL (equal to 15% of the pool) in the event there are more transactions with 6 than required. For some reason 3 or less transactions with 6 sounds about right to qualify for the jackpot bonus.
From a marketing standpoint California Racing would be able to send out an email every day with either a Jackpot amount or a jackpot and a carryover amount. This is a good way to go about it because it is a fair bet unlike the Gulfstream 10 cent P6 and only one ticket B.S.
This will handle a minimum of 500k on weekdays and 750k on weekends but likely will handle a lot more than that. At 500k you would have $57,240 going into the jackpot after the takeout. My guess is that the Jackpot will be paid every week or two and hitting the jackpot along with having 6 is a huge bonus. The tracks should get 1-3 carryovers per meet. On carryover days if the jackpot is high too the new money bet could be astronomical and easily exceed the current Gulf. jackpot pool of 1.4 million dollars. Getting 2-5 million in new money on those days is easily attainable when you consider that at Del Mar last season they got 2.5 million in new money on a P5 carryover day.
Any improvements to the suggestion?