Jai-Alai Chalk Talk Hall of Fame

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Odds dilution and respective payoffs

Posted on September 16, 2003 at 06:39:13 PM by BRNE

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What is the effect of placing a bet of say an Exacta or Trifecta on your own odds and resulting payoffs. I see that on the webcasts the pool totals for the Exacta at Dania is approx. $1000, and the Tri is approx. $4000 to $5000. I think these are in single dollar amounts, so does that mean the Exacta pool is $3000, because it's a 3 dollar bet, or could it be less because people bet only $2?
I'm wondering if the Exacta pool totals are actually large enough to warrant wagering on Exactas. There always seems to more money on those foolish Quinellas


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