Quote:
Originally Posted by speldedo
I wrote a similar post about two years ago. In the early double yesterday, the favorite won the first and paid $5. The $2 DD payoffs were as follows:
1 $160 (Odds 2-1)
2 $215 (Odds 4.5-1)
3 $311 (Odds 4.4-1)
4 SCR
5 $186 (2.2-1)
6 $1,399 (20.1/1)
7 $10 (Odds 7.3-1)
8 $400 (Odds 15-1)
The 3 won the second so a 3/2 winner combined with 9/2 winner paid $311!
I had a $1 DD and was amazed.
The 7 horse in the second race had a morning line of 20-1 (which was too high), but obviously something unusual was going on.
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Small enough pool to manipulate the payoffs to be much higher on the likely winners of the second leg. They do this to hammer off shore where the money bet is not comingled. Imagine that an off shore has (for example) a $50 limit on a DD combination. $50 double to the 3 would pay $7800, twice the amount of the entire pool bet comingled.
The down side of doing this off shore is the likelihood that you'll be cut off soon. But I believe that is the explanation here. They pick a small track with small pools so the "giveaway" investment is small enough they can profit in the real betting off shore.