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Messages - Vinman

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General Harness Racing Discussion / Re: Yonkers Pick 5 Mystery
« on: June 26, 2013, 06:14:56 PM »
The "takeout" angle here is interesting, but if the Yonkers players were able to muster $10,000 in actual betting handle, then Yonkers is certainly entitled to their $2,500 in takeout. So I'm not as concerned about that as I was originally.

What I do find disturbing is that Yonkers ran a Pick 5 betting pool with $10,000 at stake....and paid out NOTHING at all. Not a nickel, even to those with the highest number of winners. This would not be okay even if this were a "Jackpot" Pick 5, with the whole pool payable to a single ticketholder. Even in that case, as is the case in Gulfstream's dime Rainbow 6, there is always 60% of the pool paid out to those with the highest number of winners, whatever that number may be.

Something's not right here. I may just place a call to the Yonkers mutuel dept. to ask why there was no pick 5 payoff last night.

Vinman

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General Harness Racing Discussion / Yonkers Pick 5 Mystery
« on: June 26, 2013, 11:33:42 AM »
As many are aware, Yonkers recently installed a 50 cent Pick 5 wager. As was the case Monday night, there was a $10,000 minimum pool guarantee on the Pick 5 last night also, as part of the USTA's "Strategic Wagering Program".

Last night no one hit the Pick 5. But that's not the strange part. The strange part is that NO payout was made on the Pick 5 last night to those bettors who picked the highest number of winners. First I checked BRIS Supertote, which showed a carryover of $7,500.03 and no payout. I also checked for YR results on a site called Betamerica.com. No Pick 5 payoff. Finally this morning I checked the USTA website for results. Under the Pick 5 results for race 9, it actually said "No Payout".

On the surface, what seems to have happened here is Yonkers pocketed $2,500 of the USTA's $10,000 guarantee as YR's 25% takeout, then listed the remaining $7,500 of the guarantee $$$ as the carryover for Thursday.....while paying out NOTHING! It goes without saying that the $10,000 P5 pool guarantee was not reached by the bettors.

So the burning question is....How does Yonkers Raceway get away with:

1. Not paying any portion of last night's Pick 5 pool to those bettors with the highest number of winners.

2. Apparently withholding 25% of the $10,000 USTA guaranteed $$$ as "takeout"

Anyone?

Vinman


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