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#1,788
#1,788
gcbvol said:
Haha. I've seen a few episodes over the past couple years but not recently. Should I be?
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This season they have quite the fabulous individual. He's pretty stereotypical it almost makes me wonder if it's an act. But I can't stop laughing at him.

https://youtu.be/CQZugB4ZPag?t=15m45s

Best part is at 16:25. I almost fell out of my chair laughing.
 
#1,791
#1,791
We have a triple crown winner in my lifetime. I guess I can go back to waiting for the Cubs to win the world series...
 
#1,793
#1,793
They had a crowd of about 90 thousand people & I bet you everyone in attendance put their money down on American Pharoah. The Belmont Park paid out some jack today for damn sure.
 
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#1,796
#1,796
W.TN.Orange Blood said:
:p Yeah, probably not since I can't find the definition of that word "paramutuel" in the dictionary.
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The track takes about 20 percent of each dollar wagered, sometimes a little more or less but that's fair estimate. The rest goes into a prize pool and is divided equally amongst winning tickets on a per dollar basis.

For simplicity's sake, assume $100 total is wagered. The track takes $20. Whichever horse wins, divide the number of winning bets into the remaining $80 and that's the payout. The total, $80, doesn't change. But of course the favorite has more winning tickets, so pays less. That's why the odds are lower -- because more people are betting on it.

If the 3 to 5 shot wins, the same $80 ges paid out. If the 20 to 1 shot wins, the same $80 gets paid out. It's not as though the favorite winning costs the track more than if a long shot does because the total is the same.

The track doesn't care because they get their $20. Over time the track's best interests are served by a mix of favorites and long shots winning over time because that keeps the money circulating amongst race bettors, and therefore being bet again and again (minus 20 percent each time).
 
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#1,799
#1,799
You changed the pic but the caption is a lie. Wife and i had a date night. Had been a stressful day at work. I grabbed the the waitress's boobs. My stress level went UP, not down.
 
#1,800
#1,800
McDad said:
You changed the pic but the caption is a lie. Wife and i had a date night. Had been a stressful day at work. I grabbed the the waitress's boobs. My stress level went UP, not down.
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It's the details that are missing from the caption.
 
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