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Monday, May 18, 2015

Discerning Horseplayers Are Finding Tracks and Bets to Wager On

We've all seen the headlines: Racing handles are falling faster than the popularity of short fields, there are no 'great places to play', takeout is going up, and bettors are fleeing.

But there are some bright spots. Horseplayers are finding these spots, and they seem to be enjoying them.

This evening, in harness land, there is a Super High 5 carryover at Western Fair that goes in race 7. This track usually does handles in the $200,000 range, but the last time there was a carryover, fans bet close to $55,000 into the super high five pool alone, resulting in a positive expected bet. i.e. the track had to payout more than it took in. Value. For free past performances, they are here.

On Saturday, the new 12% Pimlico Pick 5 had their handle spike 22%, with horseplayers seeking some value. This was with a rather poor betting race in the last leg (The Preakness).



The pick 5 paid almost $400 more than it would've paid at the new, high Woodbine Racetrack pick 5 takeout.


Today, the DRF reported that Suffolk Downs is taking a play from the Monmouth Park playbook, and offering an abbreviated three day meet. However, the big news for horseplayers is: The meet will have, as reported, a 15% across the board takeout.

On Wednesday evening, there is a monster mandatory payout for the Super High 5 (again in harness land) at Pompano Park. The pool could be over a million and again, it will likely be a positive takeout pool.

When you add the fact that tracks like Kentucky Downs has had their handle triple, as one of the now top value, low takeout tracks in North America, there are some good things happening for horseplayers - if we look for them.

We will ensure to keep you posted where there are high takeout bets, low takeout bets, and carryovers (not the jackpot variety of course) where there is positive expected value. Discerning horseplayers all have one thing in common: They are usually the ones with the higher bankrolls at the end of the day, and it pays to play these bets.

 

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