Preakness wagering question?
Mikenyce
Senior Member
My account has a prop Orb will not win Preakness -110. The question I ask should I put up $1000 on no at -110 and then play Orb to win in the racebook for $1050? Worst I could do is -50 is Orb loses but if he wins and pays say $3.00 I would still end up winning $475. Or should I just play the $1050 on him to place or show and hope he gets beat but still makes the board? Am I missing something here with this wager?
Comments
LOL. Write it down on a piece of paper, and figure it out. My brain is fried.
Ha ha yeah kinda figured that, my brain was toast after writing it
I'm having a hard time interpreting what exactly you are saying. Do they have a future wager on Orb to win that is over 6/5? Otherwise this a losing bet.
The way my book has it:
Orb won't win (9/10)
Orb wins (10/11)
Both wagers are very similar in nature, but both are under a positive return if bet both ways. This way, if they receive equal money on both wagers, the house makes money (the way books set it up).
You can try to take the NO (-110) wager now and gamble that you will get over even money on Orb, but I dont see that happening. When it seems to good to be true, most of the time it is.
$1000 Orb Loses Preakness (-110).
$1000 Orb Wins (using your 1/2 odds projection of a $3 win payout).
If Orb wins, you will be returned $1500 for a loss of $500 ($1k on each bet, +$500 on one bet, -$1,000 on the other).
If Orb loses, you will be returned $1900 for a loss of $100 ($1k on each bet, +$900 on one bet, -$1,000 on the other),
You would need Orb to go off (or find a future for him) @ odds of 6/5 (+120) or better to cut a profit, and a profit will only be made if Orb wins.
In other words, its a lose/lose scenario.
This is why I make reality TV and you'll be president.
I can't wait till he shows up next year at the Lexington seminar on Derby week. I'll embaress the shit out of him!
I'm checking in this year at around 7:30 and some young KU coeds are doing the check in. One babe looks at me and says "We have complimentary lap desks available in the next room." Without missing a beat, I informed her that I would be first in line for a complimentary LAP DANCE! Your hearing is one of the many things to go when age sets in. When I realized my misunderstanding, I told the girl that I need to get my mind out of the gutter, to which she agreed. Damn Kentucky republican conservatives!
Didn't have my mind out of the gutter today when at Belmont Park in the 7th, #8 YES, IT'S PINK, fell way off and came on with a huge late run to get to the wire in a most impressive run. Thanks FB! Only paid $5.90 but it was only play of the day. It was my Larry Flynt mojo play!
Yes It's Pink in the pink saddle cloth. If your mind was really in the gutter you would have been on Bares Tripper @ HP.
Can you get me on survivor?
If you're camera friendly (or have a personality quirk), pass a psych test, background test, STD test, and ready to say anything your producer wants (while signing an non-disclosure agree, and an agreement to use your image and or voice forever, and in any way), then sure.
My advice is stay away. Or if you don't want the STD test do a cable show.
To be honest with you, that's one show I've heard good things about. They also treat the crew very well, and have retained a lot of good people and paid them well. I would imagine they treat the contestants in a similar matter. Survivor is actually very similar, although I've heard a few horror stories.
I'm not big on watching TV (I guess when you spend half the week looking at monitors in an office, and half watching monitors in an OTB, you wouldn't be), but the few times I've watched Amazing Race, I really enjoyed it. It's hard for me to watch any series, I need one-offs or stand alone segments (or Jeopardy) to get interested.
I tend to be involved with a little younger, more current shows, that are often less planned out, but made for much less money and higher profit (MTV, VH1, SPIKE, OXYGEN, etc). I'm not in it for the art, I'm in it for the money.
Orb invasion @ Maryland,
i see your a Non-Believer
This Prop is bad, stay away from it." that prop will never happen it has no value"
This is good value with this field of 9
Orb =W
Orb/All ex.key (get pd 20x ex./=320 or something like this from a 1k BR
and you can get a good price on the DD All/Orb this is the only time he places 2nd
in the near future:toast:
I'm gonna handicap the race with-in the next 24hrs like i said i just glanced at it.
the lock is all/orb
Jersey Shore?
Made me a decent chunk of change.
Really amazing 8 kids have generated over 2 billion worldwide. I never got a huge piece, but I'll have the same seat at the track until I die.
For what it's worth to the forum, I find this to be a horrible investment based on the pimlico special double. While the likelihood of cashing is quite high, the likelihood off making a fair profit is horrendous. You are basically praying for a bomb to hit on the first leg of the double or that a horse like title town five hangs on for second. When a more likely favorite wins the first leg or a horse like departing runs second you will lose money or make a minimal profit.
And you're subject to higher take-out for having no opinion.