JC / Railbird

Betting Archive

An $8 Return on a $20 Bet

That’s the best Keeneland’s new Mutuel Fun wager did over the weekend. (Courier Journal)

Catskill OTB Failed to Comply With Law

A Daily Racing Form inquiry into the 2002 Breeder’s Cup Pick 6 scandal “shows that Catskill routinely and consistently evaded state law by failing to send many statutorily required documents to the [New York State Racing and Wagering] board.” The situation isn’t much better now: “Even today, the relationship between Catskill and the board is hardly based on the letter of the law,” reports Matt Hegarty in this lengthy investigative article in the DRF.

Watching Yet Another …

Favorite win at Suffolk on Saturday had me wondering: Do favorites win more races at the East Boston track than the oft-cited 30% average? It wasn’t the first afternoon I thought I perceived a high percentage of favored horses win. A quick check of last week’s results does show an above average number of races won by favorites (WBF):

Dates & Races % WBF Average Odds Bets Winnings
6/21: 9 .67 1.50 $18 $30
6/22: 9 .33 1.67 $18 $16.02
6/23: 9 .44 1.33 $18 $18.64
6/26: 11 .55 1.37 $22 $28.44
Total: 38 .50 1.45 $76 $93.10 (+23%)

For comparison, Belmont during the same period:

Dates & Races % WBF Average Odds Bets Winnings
6/23: 9 .44 1.64 $18 $15.84
6/24: 9 .22 1.38 $18 $9.50
6/25: 9 .22 1.28 $18 $9.10
6/26: 10 .30 1.02 $20 $12.10
Total: 37 .30 1.35 $74 $46.54 (-37%)

This is a small sample size. Too small, really, to draw any significant conclusions from, but the results suggest a bettor might have to work a bit harder to find wagers with value at a small track such as Suffolk.

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