For the life of me I can’t understand it. Why do people bet so much more money on Sports than Horse Racing?
I mean to make any real money betting sports you not only have to win over 53% of your wagers, you have to bet big. Whereas with horse racing a measly $1 wager can make you hundreds of thousands of dollars.
Think I’m kidding? Look at the 2009 Kentucky Derby payouts. A $2 exacta on Mine That Bird and Pioneer of the Nile returned a cool $2,074.80. Now some of you may say, “Come on Denny no one had Mine that Bird.” True. But many people DID have Pioneer of the Nile. https://www.internationalnewsandviews.com/different-kinds-of-sports-betting-system/ A simple $2 back and front wheel for $76 got you back over 2 grand.
Please tell me what Sport you can bet on and get that kind of return? A 15 team parlay? Here you only needed to get one position right and the 18 others WRONG. And you still got back over 2 grand for a $2 bet!
But let’s not stop there. A $1 TRI (BOX) paid $20,750.30 and a $1 SPR (8/16/2/7) paid $278,503.20. Again, what sport will give you that kind of return in 2 minutes?
And to say it’s impossible is really an ignorant statement. Why? Because people cashed in! Otherwise there would be no payout!!
My biggest gripe with sports betting is I’m playing against the book who makes the lines. They have experts determined to make lines that make me lose more than I win. Not only that, I have to pay 10% for the privilege of being suckered by the 1/2 point hook.
Whereas with horse racing I’m betting against the other players. There is no incentive for the track or the handle to cheat or take away any edge I may have. They don’t care if I win or lose, as long as I bet.
Sure they take a bigger cut out of the pools, but at least the odds are controlled by the amount of money in the pools. Not by some sharp that has hidden information about injuries and such.
Call me silly but I’ll stick with horse racing any day of the year. You can take your less than even money bets. I’ll take my shot at big money while limiting my capital risk.
I’d like to finish with a quote from one of my favorite movies, “Let it Ride” There’s a fine line between winning and losing – Yeah. The finish line.