Quote:
Originally Posted by Pudge714
This sounds wrong, can someone confirm/deny?
Confirm. What part of it sounds wrong to you?
Remember, most P6 players don't bet $2 on it and try to catch lightning in a bottle. Many spend $100s, some spend $1000s when the carryover (progressive) gets this big. Even the "fleas", the always-broke super-degens, spend $20-30 on their P6 tickets. There are usually a lot of live tickets going into the final race--and most of them will include the favorite.
Another thing to point out: The southern California horse racing circuit (Santa Anita, Hollywood Park, and Del Mar) is the major leagues of horse racing. Yes, NY (Saratoga/Aqueduct/Belmont) isn't far behind, and KY and FL have huge circuits as well, but SoCal is the cream of the crop. These top-flight horses are more consistent, and tend to run "truer to form". What this means to this conversation is this: SoCal racing is "chalky". Favorites win there a lot.
For this reason, Pick6 tickets are usually chock-full of favorites (pardon the pun). A 12-to-1 horse like Escalante's will wipe out a huge chunk of the live P6 tickets. A bomb like the one that won the last race, will often wipe out just about everybody.
When you're filling out your P6 slip, you'd love to put ALL the horses on your ticket to make sure you win. But you can't afford to do that, you have throw out almost all of the horses. And it's TOUGH to throw out a favorite. By definition, he's the horse most likely to win. Not only that, but you feel so foolish when you throw out a favorite and it wins. That's why almost all the live tickets going into the final race had the favorite on them, and why the payout on that horse was a mere fraction of winning the whole pool.