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Author: [Horse Racing] Topic: Kentucky Derby Pool-Covers Group Entry-Buy InTri/Super?
handikapper1
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#1
Posted: 4/23/2012 6:27:33 PM

Anybody willing to get in on a betting group Kentucky Derby"

$60 Buy-In    We will be in a group wager for the Tri/Super

in hopes of hitting a big payday-worth the risk-with 15 players max,

that way we can cover the maximum wheel to maximize potential

big payout reward's.- if less player's are in final group, we will

play the maximum possible play for the group.

Potential payout can be at least on the minimum 3k - 5k and still

be a substantial return on investment,  we are shooting for the

windfall of possible 25k - ?

The plan is to narrow the winner to at least 4 strong runner's

then 6-7 runners 2nd    -  and so on,  any idea's or insight apprec!

lets brainstorm and cash- Pay Pal will be the payment method.

 

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handikapper1
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#2
Posted: 4/23/2012 6:29:22 PM

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realscififan send a private message View Space | Friends | Playbook | My Sportsbook: WilliamHill.com |
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#3
Posted: 4/23/2012 7:17:22 PM

I would definately think about it but need to know more. 

Where will the bet be made?  Who is making the bet?  % taken out by the handling of the bet?

Ever done this before?  Last year on here?

 

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handikapper1
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#4
Posted: 4/23/2012 7:59:09 PM

The bet / bet's will be made by me at the track-or online cons call,

no percentage taken out for the handling-strictly for the group'

its my first time on covers doing this group -I have exp in group

pairings in other area's sports etc. -Its all on the up n up.

Payout-Payout's will be made with the precise divide's after

takout accordingly.   Its just my idea of gathering a group hit.

Any idea's insight -is absolutely appreciated.

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#5
Posted: 4/23/2012 10:09:49 PM
I am in, but my rep is not too good here. I can do Paypal or a bank check.
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djbrow
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#6
Posted: 4/23/2012 10:22:14 PM

This is a little different from a pool, which is questionable as to its allowance on this site.

I want to be clear that if you guys do this, covers has absolutely no responsibility in this as far as people paying or getting paid. Covers will not provide personal information in the event there is any question/conflict/issues that arise between members.

I'm sorry if that puts a damper on this. I realize that the show Luck has made the group pick 4/5/6 groupings popular again.

Also, there will be no disclosing of any information like paypal addresses, etc. on this thread.

Sorry fellas. Just making sure you understand.

quote
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#7
Posted: 4/23/2012 10:39:18 PM
QUOTE Originally Posted by djbrow:

This is a little different from a pool, which is questionable as to its allowance on this site.

I want to be clear that if you guys do this, covers has absolutely no responsibility in this as far as people paying or getting paid. Covers will not provide personal information in the event there is any question/conflict/issues that arise between members.

I'm sorry if that puts a damper on this. I realize that the show Luck has made the group pick 4/5/6 groupings popular again.

Also, there will be no disclosing of any information like paypal addresses, etc. on this thread.

Sorry fellas. Just making sure you understand.



Thanks for the info. Handikapper1 seems like a straight up guy.
quote
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#8
Posted: 4/24/2012 12:06:19 AM
I would be down for this if it goes. Just saying it would be better if someone in Canada bet this as there would be no tax on the win..
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#9
Posted: 4/24/2012 12:11:27 AM
QUOTE Originally Posted by bgrimm101:

I would be down for this if it goes. Just saying it would be better if someone in Canada bet this as there would be no tax on the win..


Just have to enter multiple bets. Keep it under 300-1 and there will be no tax consequences.
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handikapper1
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#10
Posted: 4/24/2012 12:24:09 AM

  dont understand the confusion-anyways just a thought

so that we could possibly all share a possible huge hit'

But there are ways of slanting the odds in your favor and spreading the risk. Many bettors form small syndicates of their own with other handicappers and bettors in the same financial bracket. For example, eight bettors with $100 each, or five bettors with $200 each, can bet a decent Derby ticket with a chance at the big prize, and a very good chance of getting Tri/Superfecta winners.

Besides the advantage of a lower financial risk when pooling your money together with other handicappers, you can also benefit from their insights into each race. One bettor may be an expert trip handicapper. Another may be an expert on speed races. It is extremely difficult to select  winners in a row on your own. A few insights from sharp partners can reduce the stress and uncover winners you might otherwise have missed.

A few of the bettors in the group should be seasoned handicappers who also know how to effectively structure multiple race tickets, and one or two bettors in the group should be trusted to make the final decisions on the tickets to be played.   -forum thread

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#11
Posted: 4/24/2012 1:24:02 AM
Seeing as how I cant see more then 6-7 people going in this, based on some people having trust issues, what would the play be with 400 ish in the pot. Id say handicap like you say 4 horses that you feel have the best chance to win, then bet a triactor, pick 3, pick 4 and superfecta off those horses? a benefit of playing in the states is you will have the option of 50 cent tris and p3s and p4s which we dont have in Canada which is better if you want to go deeper in the 3rd/4th legs of the tri/super.
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#12
Posted: 4/24/2012 12:44:41 PM
I would consider this as well!  It appears to be honest and a pretty good at this stuff.
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#13
Posted: 4/24/2012 12:46:08 PM
QUOTE Originally Posted by freedomteam:

I would consider this as well!  It appears to be honest and a pretty good at this stuff.


I meant Kap appears to be honest and pretty good at this stuff as well.
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#14
Posted: 4/24/2012 1:12:34 PM
QUOTE Originally Posted by handikapper1:

  dont understand the confusion-anyways just a thought

so that we could possibly all share a possible huge hit'

But there are ways of slanting the odds in your favor and spreading the risk. Many bettors form small syndicates of their own with other handicappers and bettors in the same financial bracket. For example, eight bettors with $100 each, or five bettors with $200 each, can bet a decent Derby ticket with a chance at the big prize, and a very good chance of getting Tri/Superfecta winners.

Besides the advantage of a lower financial risk when pooling your money together with other handicappers, you can also benefit from their insights into each race. One bettor may be an expert trip handicapper. Another may be an expert on speed races. It is extremely difficult to select  winners in a row on your own. A few insights from sharp partners can reduce the stress and uncover winners you might otherwise have missed.

A few of the bettors in the group should be seasoned handicappers who also know how to effectively structure multiple race tickets, and one or two bettors in the group should be trusted to make the final decisions on the tickets to be played.   -forum thread

Handikapper: it is nothing personal. We've had previous incidents involving problems when people exchanged money. They then turn to covers for assistance. I just want everyone to know that we have no role in this no matter what happens.

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handikapper1
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#15
Posted: 4/24/2012 2:20:34 PM
no prob-lets get feedback and see
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#16
Posted: 4/24/2012 3:27:46 PM
Hey Kap I would be in. Pending the issues being resolved and enough people being on board. (I'm not worried about getting paid, I trust you handling things.) I am pretty bad at structuring vertical exotics but I read a lot of horse racing literature and am pretty good at analyzing race shape and handicapping winners. Also, who is going to place the bet and what increment's they place have got to be very clear. The only potential conflict I see is the guy placing the bet being hit with a huge tax bill. (Even though in the obvious case of a signer they would take 25% off the top in person.) I would not want the bet placed online for that reason
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handikapper1
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#17
Posted: 4/24/2012 9:26:47 PM

no issues just guys trying to cash-I will make the group ticket

we will agree on some horses-its not that impossible

this years pays should be somewhat manageable

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#18
Posted: 4/24/2012 10:31:01 PM
I would be in, let me know the logistics. would feel comfortable going up $200,
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#19
Posted: 4/24/2012 10:43:15 PM
man lets all meet in vegas and get nasty with it!
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#20
Posted: 4/24/2012 11:02:10 PM
Count me in on whatever it takes to have a legit shot . These pools get huge and payouts are a dream day . I've hit a few in the past , but the ones I lost were because I had to throw out a couple of horses . I also do a box which is expensive , so I would love for you to place the bet . I just don't want to be short . I'll be at Oaklawn in hot springs trying my own ticket as well . Just let me know what we need to do .
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handikapper1
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#21
Posted: 4/24/2012 11:39:49 PM

and for all the naysayer's-hater's

I had mine that bird and hit the tri in 2009

WebService May 2, 2009 2:57 PM 670927 Race 11 Churchill Downs $1.00 TR (BOX ) 2, 6, 7, 8, 16 Bet $60 $15,563.30

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handikapper1
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#22
Posted: 4/24/2012 11:43:54 PM
Paid almost 6k in taxes--hit the tri on $60
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#23
Posted: 4/24/2012 11:50:46 PM
Didnt the triple pay $41,500.60? Im assuming you played with a sportsbook?
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#24
Posted: 4/24/2012 11:51:43 PM
Nevermind.............you had it half a time & they took out $6,000 for taxes, hence your payout above............
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#25
Posted: 4/24/2012 11:58:02 PM
How is the triple gonna be played, 4 on top with 6 or 7 with 6 or 7?
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