3 Equitable Betting Options
Here you'll generally find your bigger-bankroll players, since the cost is higher for exponentially higher return potential; Monmouth, to simplify, only keeps as profit 15 cents of every dollar bet into the pool, which is way better than in the trifecta and Pick 3 pools (25% takeout, 75% final payout to bettors).
On a minimum $1 win, place or show wager, in other words, Monmouth Park keeps 17 cents of profit, and your final win payout (say, $5 on a $1 win bet on a horse at final odds of 5-to-1) is from the other 83 cents in the parimutuel "pool".
Daily Double (19% Takeout)
1 Haskell Bet Worth Considering -- $2 ALL (except Pharoah) to SHOW
The end result is 1-to-9 odds on the prohibitive favorite and what's known as a "bridge-jumper" (whereby the person(s) who bet gobs of money on that horse would jump off the nearest bridge if the horse finishes 4th or worse).
|Watch the Haskell|
Next posting, I will take a look at a more-nuanced subject: "handicapping contests" being offered this weekend surrounding the Haskell Invitational.