5:34 pm: For Ken Ramsey, who's had, among others, a Breeders' Cup winner, a Dubai World Cup hero, and a Joe Hirsch Turf Classic winner, Kittens Joy, who turned out to be a blue collar sire for all time--now standing for a $50,000 fee--it all came full circle when Parent's Honor, claimed for $35,000 this summer at Saratoga, upset the Claiming Crown Jewel at 16-1 for the owner's fourth victory on the card.
Ramsey is now the leading owner in Claiming Crown history with 10 victories and trainer Mike Maker, who saddled all four winners yesterday, leads all Claiming Crown trainers with 11. The first two were ridden by Joel Rosario; the other two, including the Crown Jewel, by Alan Garcia, whose ground-saving, rivals-splitting ride won the day for the Ramseys and Maker.
The Dime Pick 7 with mandatory payout and a 20% take handled $129,000, which extrapolates out to about $2.5 million in the traditional Pick 6, a $2 basic wager. The Claiming Crown as expected was littered with longshots as well as favorites, but no one had a perfect Pick 7. The Dime Pick 6 consolation returned $6,030; the Pick 5 consolation paid $84.30.
And, so, South Florida's first Claiming Crown proved a success, certainly as far as Gulfstream is concerned. All-sources handle was $12.2 million, up 66% from last year. On-track, an estimated crowd of 9,100, 600 more than the 2011 standard, wagered $1.4 million, up 84% on the comparable day last year, a day which also fell on Saturday and boasted fast and firm conditions.
Ken Ramsey is now the undisputed King of the Claiming Crown, seven in front of runnerup Richard Englander with four.
"We should be called the King and Queen--my wife [Sarah], we've got to put her in--of the Claiming Crown."
And of yesterday's four-pack? "It's like eating cracker jacks'" Ramsey said. The more you have, the more you want."
* * *
4:25 PM: Not that it mattered, since she tired badly and appears badly in need of a freshening at this juncture, but heavily Tiara favorite SIlver Streaker traveled 36 feet farther than the strong-rally winning Starsilhoutte and 58 feet farther than pacesetting, fence sitting Juanita, according to Trakus data.
Juanita was setting the pace, apparently, for her uncoupled mate, who gave the Ramseys and trainer Mike Maker their third win on the Claiming Crown card.
* * *
4:07 PM On their All-2YO-All-The-TIme opener at Tampa Bay Downs, Graham Motion enjoyed a promising turf runner in Sea of Laughter. THe well regrded European import (3-1) was wrestled off the early lead by Luis Garcia, showed push button acceleration between horses on the turn, and finished determinedly to the wire.
First-timer Eu Te Pago made a 3-4 path sweep on the stretch turn, loomed a winner oh so briefly, then weakened as the leader found more in midstretch. Stable mail, please.
Meanwhile, Don't Tell Lou, up from claiming company, finished well too late for place; she, too, will be hard to stop next time over the Tampa lawn.
* * *
3:16 PM: This makes half of the six races run on the Claiming Crown opener won by jockey Joel Rosario. And, make it two stragith for Mike Maker and the Ramseys. Something tells me the day's not yet over for this outfit. In fact, third finisher Won Fast Bullet gives the group another share of the purse at double digut odds.
Maybe Ramsey, who loves to wager, is losing his touch--winning with the shorter half of his uncoupled entry.
Note: Unfortunately, jockey Cotto misjudged the finish line, thinking the first finish was the finish. "It's unfortunate," said winning jockey Borel. "I've been there. We've all had these days."
* * *
2:43 PM: Interesting to go back and watch the replay of the fourth race, opening leg of the Pick 7 sequence. It appeared that 13-1 Pot Of Gold snatched defeat from victory's jaws. For some reason that appeared unapparent, Pedro Cotto Jr. stopped riding with a clear lead 50 yards from the wire as if the horse went wrong and Cotto was trying to protect the animal.
Meanwhile, Calvin Borel came roaring up from between horses and get up in the final two strides. The thing about the Cotto ride is that he appeared to start riding again just after the finish. Strange, and certainly something the stewards need focus on in the replay room.
Brother Bird much the best in the fifth at 1-1/16 miles, saving ground at no juncture whatsoever, and staying gamely to the first finish line, first installed last year, giving Rosario his second win opn the day and first for Ken and Sarah Ramsey, the leading owns in Claiming Crown history. This was their seventh victory...
1:22 PM: Another turf debut, this one from Bill Mott, who finished like an absolute wild horse to run down Drenched, who looked as if he'd be hard to beat at midstretch until tiring in final sixteenth. Joel Roario timed this one perfectly. His final 1/4 mile, courtesy of Trakus, was :24.18. Third finisher Amen Kitten finished up in :24.35. Significantly, the third fastest final 1/4-mile was :25.02, so the two mentioned were really rolling.
* * *
1:09 PM: Weather handicappers wrong, at least so far. Fast, firm, rail out on turf 48' and 108' respectively...Wind in their faces down the backstretch, gusting to around 20 mph.
Shug won the first with Divine Luck, perfect stalking trip beneath Castellano, who stole it soon after entering the stretch, leaving pocket sitter Dawn Glory with a little too much to do...
Money in the doubles for Shug to complete the early double with Overwhelming, who's bred for it in turf debut. Also double money for fast-working Elmutahid...
Unfortunately, South Florida one of those "wait five minutes" weather destinations. It's beautiful as this is being written but the weather handicapper is still predicting ran for this afternoon or, more properly, "30% chance of chowers." We shall see...
After working on the Pick 7, it's even tougher than i imagined. Will still take a swing but must take a stand in a spot or two because even at a DIme, the play can get a little pricey. Remember, is a mandatory payout, with consolations to winners of P6 even if the P7 is hit, on a 75% to 25% basis. Takeout rate is 20%
BTW: Did you check out the juvenile card at Tampa, which also opens today? There figures to be plenty of play in the Sunshine State. Have fun. And remember, both tracks will be open again tomorrow, making patience prudent.
* * *
And if you’re wondering what this has to do with what many regard as the premier winter race meet in America, Gulfstream Park, then you may not have gotten the recent memo:
On Saturday, the 2012-13 Gulfstream stand will open with seven Claiming Crown races in which horses that have run for a selling price at some point this year will compete for purses worth an aggregate $850,000.
Happy holidays to racing’s 98 percent.
And opening day might also provide a festive occasion for horseplayers thanks a Dime Pick 7 with a $100,000 guarantee and mandatory payout.
The takeout rate of 20 percent virtually splits the difference of the tariff on super-exotic wagers that can range from a low of approximately 15 percent to a high of 25 percent or more.
A mandatory payout makes that takeout rate reasonable.
* * *
Saturday marks Gulfstream’s second December opening as it tries to build on last winter’s successful launch, the racing turning out to be better than expected considering the early liftoff and traditionally slow holiday season.
By the time this meet concludes with the Florida Derby program March 30, over $10 million in purses will do its part to attract the best horses east of the Mississippi including, of course, newly turned three-year-olds.
With the first three finishers from last weekend’s Kentucky Jockey Club Stakes and traditional powerhouse New York outfits taking up stall space in Hallandale and Boynton Beach, Gulfstream’s Derby prep program, starting with the Jan. 26 Holy Bull Stakes, will be very strong per usual.
In fact, certain 2012 Juvenile Champion Shanghai Bobby is already being pointed to that one-mile event in what will be the first of his two-race prep campaign.
In all, 61 added money events for all divisions will be staged before Gulfstream brings its curtain down.
For the uninitiated, the Claiming Crown is a series of starter events which began at Canterbury Downs 14 years ago and will be renewed in South Florida for the first time after stops at Parx, Ellis Park and Fair Grounds.
Purses have been increased since last year and the program was expanded from five to seven races. The $200,000 Jewel at nine furlongs for horses that have run for a claiming price of $35,000 in 2012 will anchor the card.
The fields will be huge, horses coming from everywhere, and the races will be extremely competitive, making for vexing handicapping puzzles. Winners may be hard to come by but with victory likely will come fat payoffs. The races will run on dirt, turf, both long and short, providing something for everyone.
In principle, we seldom advocate that the rank and file horseplayers immerse themselves in wagers with extremely high degrees of difficulty. But the chance to make a potential life-changing score for a relatively small investment is a reward that’s commensurate with the risk.
Anecdotally, I seldom if ever play the Pick Six. I find the $2 base wager too prohibitive, but nonetheless have played it on occasions when large carryovers effectively lower the takeout to fire-sale levels.
I probably have cashed a half-dozen winning Pick Sixes in my lifetime, none of which paid over $5,100. Aside from instances when I was part of a larger group, $48 was my biggest investment.
It may be interesting to note that I invest more than twice that into Pick 4s or Pick 5s but the lower takeout wagers and 50-Cent minimums provide greater leverage with a better chance to succeed.
On Saturday at Gulfstream Park, it’s theoretically possible that the Pick 7 could go un-hit, yet a Pick 6 or Pick 5 consolation could pay four or even five figures, based on a most formidable degree of difficulty.
Saturday’s sequence begins with Race 4 on the 10-race program. The seven Claiming Crown races average nearly 11 starters per race. Past Performances include running lines from virtually every track in the country—we counted 35—representing 18 states and Canada, from Saratoga to Del Mar, from Pleasanton to Mountaineer, and all the Hoosiers and Beulahs in between.
Even if three or four favorites succeed, payouts could reach high three figures based on empirical data from last season’s Rainbow 6 payouts. It’s what happens when $20 can buy 200 possible combinations.
“Realistically, we think the pool could reach $400,000 or $500,000,” said Gulfstream President Tim Ritvo Wednesday by phone from Kentucky following a meeting of the Graded Stakes Committee.
“If the bet is well received by the fans, we’ll definitely try it again and with a lower takeout, possibly as low as 10 or 12 percent.”
Here, then, is a chance for bettors to use their bankrolls to make future policy.


29 Nov 2012 at 04:16 pm | #
Could I catch a ride down with ya?
TTT
29 Nov 2012 at 06:14 pm | #
I read that that old nemesis takeout once again permeates a commentary. As I have expressed many times, unless you win takeout does not come into play. Ponder this: I believe it is fair to state that the best ‘cappers’ win with about 33% of their wagers; thus, takeout rates become relevant in about a third of a player’s bets - yet takeout is considered the primary reason racing is declining (Ain’t the reason, Alice).
Blaming takeout makes about as much sense as referring to Thoroughbred racing as a sport.
The Claiming Crown races offer what most horseplayers’ desire: full fields and nice payoffs - very similar to the Breeders’ Cup races, and the races will look absolutely no different in any aspect whatsoever.
29 Nov 2012 at 07:14 pm | #
The above ignorant comment makes it sound like someone has claimed that takeout is the only reason that racing is declining. The above article, unless I missed it, does not say anything about the decline of racing. You obviously enjoy attempting to stir up controversy, and have no honest intent of exchaning intelligent thought.
Obviously, takeout is not the only reason racing is declining, and I’ve never seen anybody state that on this site, again, if so, I’ve missed it.
If we took a poll, I believe an overwhelming number of persons would agree that reducing the takeout will increase handle, and strengthen the game.
Some persons simply enjoy hearing themselves speak, and so speak on, we look forward to your next post, but we know exactly what it is going to say.
TTT
29 Nov 2012 at 07:32 pm | #
WMC, P7 or not, takeout or not, I know you’ll be heavily invested in the Claiming Crown races. Fair warning; did some work on the Late P4. Be prepared to burn the midnight oil.
Unless, of course, you decide to stick with the six horse fields and 30% takeout on Parx exotics.
29 Nov 2012 at 09:22 pm | #
Here comes the sun! Gulfstream to open! Dime pick 7, love it, but can you play it at Aqueduct or NY OTB’s? Is there a consolation payout for 6?
Here comes the road to the Kentucky Derby! The quest of the first female jockey to win it-Rosie Napravnik!
Here comes the Corrow! Takeout and Sport, play it again Sam! The beat goes on!
Does takeout matter? According to Corrow, the best cappers win at 33%. So if you bet 3 horses(win 1) for $2 each at 5-2 odds each(straight odds before takeout applies), after 20% takeout you lose 20 cents($7.00payout- $7.20investment with takeout), at 10% takeout you win 40 cents($7.00payout-$6.60investment with takeout).
Is horseracing a Sport?
1- Entries, results and columns are found in the Sports section of the newspaper.
2- Races are televised on Sports channels like ESPN and NBCsports network.
3- The Kentucky Derby is a top 5 Sporting event in the USA
4- Sports require athletes, thoroughbred horses and jockeys are athletes.
5- Owners receive trophies when winning championship races just like other sports.
6- Sports have fans(fanatics). Horseracing has fans, see Zenyatta, John Henry, Secretariat etc.
Now I am not saying that horseracing would exist without wagering or be as entertaining. But it also would not exist without the Sporting element. The balance of wagering and sporting event is needed. Remember 97% of cappers show no profit wagering on horseracing in the long run(so there has to be more to it than just wagering).
The beat goes on?
Here comes the sun (doo doo doo doo)
Here comes the sun, and I say
It’s all right
Little darling, it’s been a long cold lonely winter
Little darling, it feels like years since it’s been here
Here comes the sun
Here comes the sun, and I say
It’s all right
Little darling, the smiles returning to the faces
Little darling, it seems like years since it’s been here
Here comes the sun
Here comes the sun, and I say
It’s all right
Sun, sun, sun, here it comes…
29 Nov 2012 at 09:40 pm | #
Edit: Based on 3, $2 bets winning 1 at 5-2 straight odds before takeout.
20% takeout $5.60payout-$6.00 investment =40 cent loss.
10% takeout $6.30payout-$6.00 investment = 30 cent gain.
29 Nov 2012 at 10:04 pm | #
There you go again, Cat, trying to make a point logically. Will you never learn?
Don’t know what OTBs are going to do re P7. They’ll probably give the excuse about it being a programming issue.
A Consolation P6 will be paid even if the P7 is hit. The P7 people share in 75% of the pool; 25% goes to the winners of P6.
I don’t expect you’ll be able to wager at Aqueduct. Don’t you remember all the pieces I’ve written about how you can’t play 50-Cent Tris that are available at other venues?
Some horse racing outfits just don’t want to be major league I guess; won’t spend money to make money; too unconcerned, lazy, or both, to keep asking state regulators to help it do business.
Sun, sun, sun, here it comes--but with a 30% chance of showers.
29 Nov 2012 at 10:32 pm | #
Yes, Mr. Pricci, the Claiming Crown is my Breeders’ Cup. Scored my best ‘hit’ several years ago when Scott Lake sent a few cheap claimers out to Canterbury - was like stealing.
I will be wagering more than I usually do on the Claiming Crown plugs at Gulfstream.
As to your comment about the six horse fields at Philly and the 30% takeout, these short fields set it up nicely for the pick threes that seem to pay way more than expected (meaning that fewer dollars have to be wagered).
Now, lets look at the difference between a takeout of 30% or a takeout of 15% on an exotic wager.
At 30% an exacta paying $100 would pay $121 if the takeout were 15%. If the exacta paid $38, it would pay $46; is this a big deal when you are facing odd changes? The constant odd changes make takeout a minor issue.
And, while horseplayers scream for a reduction in takeout, none are considering the ramifications if takeout were reduced. Las Vegas casinos would no longer provide state of the art racebooks as their income would be reduced to a level that would not be profitable; and this would trend across the country to other casinos and OTB’s.
#3: If you understood what is written in my comment, you should comprehend that I wrote, ‘blaming takeout makes about as much sense ....’. If you can’t construe that I am writing that there are other factors responsible for the decline in racing, then I simply ....
29 Nov 2012 at 10:47 pm | #
Three years ago, I started goinng to Florida for a couple of weeks during the winter. I went to Pompano Park one night and really enjoyed myself.
Part of the reason was that they had a Pick 4 with a takeout of just 15%. I was trackside and was picked (along with two other patrons) at random to participate in that night’s Pick 4 by the tracks on-air person, Gigi Diaz. The track played a $120 (one dollar combos) ticket on our behalf for no cost to us. We helped with the picks, but, the track handicapper made the final ticket selections. We didn’t win, but, ALMOST took down the entire pool (about 5k) when a big longshot on our ticket fell a head short in leg 3. We lost the race, had the other 3 legs.
Anyway I became a big fan and went every night and played on my own - and have ever since. The low takeout and fairly good handicapping on my part has allowed me to make a PROFIT ever since. Not a big one, mind you, but a profit nonetheless.
If the takeout was 25%, I would be a loser.
29 Nov 2012 at 11:03 pm | #
#9: Winner by how much? Loser by how much? One winning ticket (one of those photo finishes that went your way) would have negated any difference in the takeout rate.
What does it matter if the takeout rate is 50% if you don’t pick the winner?
Saratoga and Del Mar still draw the crowds. Are those in attendance concerned about takeout?
If the takeout rate were 5%, most horseplayers would still go broke, lasting probably a couple of more months. If you pick winners, you win, no matter if the takeout rate is 50%. Do it!
29 Nov 2012 at 11:51 pm | #
#10: I don’t have the exact figures for the last 3 years. I do know from memory that I hit better than 40% of my Pick 4 plays for a flat bet profit. None of the payoffs have been more than $500. They’re usually in the $150 - $200 range (per $1).
It’s only a small sample - 4 times a week, 2-3 weeks a year, 3 years.
Do you keep a record? If you win as often as you claim on pick 3’s, wouldn’t you have more money if the takeout was lower? You said yourself that takeout only matters when you win.
30 Nov 2012 at 12:23 am | #
#11: Of course I would have won more money if the takeout had been lower. I am all for lower takeout, what horseplayer isn’t? What I am apparently inept at conveying is that takeout is not, even remotely, the cause of Thoroughbred racing’s decline.
As you write, you are winning at a 40% clip, so what do you care about takeout?
30 Nov 2012 at 12:24 am | #
For what it’s worth, Las Vegas negotiates the fee it pays for simulcast signals as one entity and if you remember the fee disputes with California, they have a take it or leave it mentality. Also Las Vegas and off shore venues have no horsemen with which to share hence the rebates.
A couple of years ago, Delaware Park tried an experiment by lowering the take out on track in the exacta pool. Such an overwhelming amount of the pool comes from off track and any on track increase was negligible.
30 Nov 2012 at 12:57 am | #
#13: Your comment leaves the question why do racetracks continue to charge their on-track patrons the full takeout rate, when well over 90% of all the track pools are off-track - meaning that the racetrack is receiving 3 to 5% of the bets off-track as a signal fee, while charging their loyal on-track patrons the full takeout rate?
30 Nov 2012 at 01:26 am | #
#12: It’s about ROI - not winning percentage.
30 Nov 2012 at 01:37 am | #
Wendell,
Did you write Mitt Romney’s speeches?
Your one-note drumbeat about takeout and what (allegedly) ails horse racing is reminiscent of his “My tax plan doesn’t have a $5 Trillion revenue shortage.”
It’s in the math, baby.
01 Dec 2012 at 05:12 pm | #
Wow! Found this nugget in the archives.
wmcorrow says:
24 Jun 2008 at 08:29 am | #
Indulto: Why Andy Beyer is an exception should be obvious. Just read his commentary over the years.
You say it is hard to get horseplayers to agree on which aspects of racing has the most negative impact on them. Well, come sit at our roundtable at the local OTB, where I, and my group of sharpies, discuss politics, racing, women, and life in general.
We, to a man, do not enjoy having to pay a fee of $25.00 for the privilege of making an exotic wager.
All bettors I associate with are looking for a way to get the message across to racetrack management that we are tired of being ‘ripped off’ by takeout; all will boycott any track any day, just pick the track.
I, or any other bettor, cannot obtain representation on a national governing body. You gotta be kidding to even suggest such.
I close with this: virtually every horseplayer at the local OTB I attend is willing to boycott a racetrack on a given Saturday, the idea being to get the message across that we bettors are tired of being taking for granted.
All that is needed is a media leader, and it isn’t going to come from any turf writer that I know, which means that it will business as usual for this year, and probably for years to come, as racing heads south.
And the beat goes on and on .....
01 Dec 2012 at 05:30 pm | #
And your point, Cat? That WMC is a contrarian, for contrary sakes?
But it is a nugget, thanks. And here’s an FYI for Mr. Corrow re two of his favorite and influential media champions:
Both Pick 6 Kings have had many opportunities to lead on the issue of takeout. Neither has done so.
01 Dec 2012 at 05:47 pm | #
#17: Go through the archives and find a comment where I favored existing takeout rates. My position is that takeout is not the reason Thoroughbred racing is in decline, and a reduction will have no effect on attracting newbies.
I don’t enjoy ‘paying a fee of $25 for the privilege of making an exotic wager’, but I live with it. I am not going to boycott Parx, as Mr. Pricci does, because the takeout rate on a pick three is 26%, not 15%; or because the pick three payout is $67.00 instead of $77.00. Or a win ticket is $6.00 intead of $6.10.
01 Dec 2012 at 05:57 pm | #
Mr. Pricci: Maybe the two pick six Kings understand, as I do, that takeout is not the most significant issue facing Thoroughbred racing; that reductions in takeout will reduce the profit currently enjoyed by racebooks and otbs which will lead to fewer outlets for horseplayers to wager and enjoy racing.
01 Dec 2012 at 05:59 pm | #
How about lottery and slot machines as the main reason for the decline of horse racing? Before slots the uninformed would bet numbers, colors, or names. That money is no longer in the pools as it is much easier to watch the reels spin on a slot machine. It takes work to be successful at the track.
Now you are competing against computer driven wagering etc.
01 Dec 2012 at 11:09 pm | #
WMC...Or maybe they are receiving rebates.
02 Dec 2012 at 06:53 am | #
WOW! What would Joe Hirsch say, “we’ve seen this before”. It wasn’t quite Shug/Phipps JCGC Day 19 years ago or Pletcher/Repole just last weekend, but damn impressive anyway for Maker/Ramsey.
PARENT’S HONOR the great grandson of Hero’s Honor finally runs to his bloodlines. In the magical Spring and Summer of 1984, Hero’s Honor would win the Ft. Marcy, Red Smith, Bowling Green and United Nations Handicaps. As Casey Stengel would say “you can look it up”. Somewhere Paul Mellon and Mack Miller are smiling.
The beat goes on…
I’ve long since retired, my son’s moved away
I called him up just the other day
I said, “I’d like to see you if you don’t mind”
He said, “I’d love to, Dad, if I can find the time
You see my new job’s a hassle and kids have the flu
But it’s sure nice talking to you, Dad
It’s been sure nice talking to you”
And as I hung up the phone it occurred to me
He’d grown up just like me
My boy was just like me
And the cat’s in the cradle and the silver spoon
Little boy blue and the man on the moon
When you comin’ home son?
I don’t know when, but we’ll get together then son
You know we’ll have a good time then…
02 Dec 2012 at 06:18 pm | #
One of the great message songs of all time…
Meanwhile, it was quite a day on several levels. Maybe all the event needed was a few rays of sunshine.
03 Dec 2012 at 11:57 pm | #
Nice post tobasco cat, I love that song! Has anyone else looked at this new website http://www.racepickspro.com? I stumbled on to it the other day, it looks pretty promising and pretty inexpensive! I am looking at handicapping sites to help give me an edge and this one caught my eye, any help would be appreciated!!