Roulette
 

The race 2 roulette pool at Santa Anita was $659 dollars. I'm not sure what the motivation was to create this bet in the first place , but it's not catching on.

In my opinion:

The new bet is geared towards simplicity - as in a bet the casual fan can play requiring very little in the way of handicapping or critical thinking.

That by itself is actually a good idea.

However, whoever decided to call it Roulette failed to think things through.

Roulette has been soundly vilified as a bad bet in just about every coffee table gambling book ever written because of the 5.26% house edge.

Compared to other casino games like craps, 21, and baccarat: Roulette really is a bad gamble for the player.

Here the casual race fan is being asked to play Roulette at the track.

But instead of the 5.26% house edge Roulette has been soundly vilified for in casino gambling:

The casual race fan is being asked to pay 15.43% plus breakage for the privilege of playing Roulette at the track.

Can't say I'm surprised at the lackluster response.

Happy New Year Everyone.



-jp

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Neither my Xpressbet nor Nyrabets account is even showing that pool. May I ask where you see it?

When I saw your post I was persuaded to go play it. So I got the card at drf.

I like the 8 in the 5th and the 5 in the 6th.

So I play a $5 dub, cold 8-5 that's paying Boxcars and I play $3 PS saver the 8, and the 8 run$ out. So next race, rather than bet the 5 to win...at 15-1. I bet $5 roulette , 3, 4 & 5 at 8/5

Mind you.....I'm only betting it to just experience once. What happens? The 5 wins and pays $31.80... Now I hate the Roulette!:lol:

https://i.ibb.co/g6WQmN1/5-horse.png

I was watching the live feed and they showed the pool totals after the race went official. The 1st race roulette had $897.

A few days ago 3 longshots were listed as Green... All over 30-1...one of those wins and pays over $90....the Green Roulette pays $14. Why not put $2 to win on each long shot instead...?

Even though the odds are listed in the program and DRF, isn't this bet parimutuel and not fixed odds, right?

Where are the will pays...? Isn't this the same odds when using a dutching calculator ...?

Is this bet available at any of the ADW's or is it on track only?

They had a roulette play at Santa Anita in R4 yesterday in which the :1: and :7: were packaged together as the black group. The roulette payout for black the last I saw was like $12.40 or so.

The :1: was scratched and the :7: went off at 13/1. :pound:

The :1: was an early scratch before the day started. Anybody who bet on black in that race yesterday should have been guided to the exit and told to go home.

I bet it in xpressbet, and likely on-track and there are the only 2 places you can probably bet it.

Just like the Late pick5 at NYRA can only be bet on NYRA BETS or on-track.

I can't even open my NYRA BETS APP while I am on Gulfstream property because they block the DNS address entirely.

That's the only reason that I even have Express Bet APP. I prefer NYRABETS mobile and web interface to anything else.

Also, I had to forfeit my DRF BETS account to even get an XPRESSBET account because The Stronach Group handles the back-end for DRF BETS.

They have a policy that you cannot have both.. That was no Biggie because I only used DRF BETS to get enough free cards.

And even that turned into a debacle.

I buy formulator cards exclusively by renewable subscription. But when I used one of the FREE cards, none of the Race Replays or CHART links in Formulator were working.

After a lengthy and frustrating email exchange that lasted two weeks. DRF discovered something. The FREE cards that you earn are not fully functional in forumaltor.

Long story short, they gave me some free cards for my troubles, but those Free cards did not work in Formulator! :lol:


The DRFBET interface was torturous too. I disliked it.

Moral of the story: It was time for a change so I willingly jumped to Express bets.

has anyone seen the pool and what is bet on what?

on xpressbet, they have the current 'odds' when placing the bet

3rd today winner paid $3.00 and roulette paid $3.80 with this horse and another.

You can bet it at off-track locations as well. We got a button on our machines the day Santa Anita opened. Nobody has bet it yet with me and I did see the pool after the last race last Saturday and I believe it was 1200-1400. I don't see this lasting unless they decide to do a roulette pick six or roulette place pick all.:lol:

race 7 had less than $300 in pool
winner paid $4.40 roulette (winner/3rd) paid $4.60

Through 7 races today the roulette paid more than the win price one twice, and for a whopping $0.80. All other times it paid less than the win price, often significantly so.

I should take a look at roulette vs. place and show prices. The roulette bet almost seems like a 3 horse show bet??

It is closer to a multi-horse win dutch bet.

Ambiguous Title
 

The major attraction to most roulette players
is that you get paid 35-1 on a straight up win.

This bet should have been called "Coin Flip".

Look at it this way --

How many horses does a player win bet that turn out to be actual +EV overlays?

For me, a realistic number might be a handful out of say 65-80 runners on a given race card.

For others, your mileage may vary.

Now, how many +EV overlays can you realistically expect when a track employee creates a betting interest for Roulette where he takes that rare actual +EV overlay and combines it with other random horses? Thus diluting the value.

For me, the answer would be just about never.

But again, for others, your mileage may vary.



-jp

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