The Horse Race Insider is a privately owned magazine. All copyrights reserved. “Bet with your head, not over it.”

The Conscience of Thoroughbred Racing


At least judging by the early returns it is…

We were curious so we conducted a very unofficial study.

We chose the three most recently completed racing days at Saratoga when the 20-Cent Empire 6 was in effect. The handle figures on those days, with rounding, was $209,000, 244,000 and 351,000, a total of $804,000.

By comparison, we looked at the final days of the traditional $2 Pick 6 at the same track. We didn’t consider factors such as field size, track condition and carryovers; just the amount of money wagered.

Capricious and arbitrary? Yes? A window into the future? You decide.

The final days of Saratoga’s $2 Pick 6 attracted daily handle of $133,000, 118,000 and 272,000, for a total of $523,000.

Whatever the measure, the difference certainly is significant.

Whales argue that fractional Pick 6’s take value out of payoffs. But it does add liquidity by keeping rank and file horseplayers in the game, taking moon shots without betting the ranch. Whales still have the Pick 5.

There are arguments on both sides, to be sure. But from what we see thus far, the combination of the naturally large New York betting pools and top-tier racing has proven popular with horseplayers.

So far, their dollars are doing all the talking.

Facebook Share
Twitter Share
LinkedIn Share

⚠ Before you comment

Our staff likes nothing better than to engage with the HRI Faithful and provide a forum for interaction on horseracing and sports. In that spirit, please be kind and reasonable; keep the language clean, and the tone civil. Comments from those who cannot comply will be deleted. Thank you.

Leave a Reply

Your email address will not be published. Required fields are marked *