CAW’s loss increases prize money for 2024 Breeders’ Cup

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Photograph: Edited utilizing Equibase knowledge

Laptop-assisted playing, also referred to as laptop robotic playing, precipitated the syndicate to lose $18 million within the 2024 Breeders’ Cup at Del Mar, based on vetted betting knowledge supplied by California-based sources. horse racing nation.

The entire deal with for the two-day Breeders’ Cup program, which included 14 world championship races and eight undercard races on Friday and Saturday, Nov. 1 and a couple of, was $178,689,997, indicating that losses on computerized bets amounted to greater than 10 % of the full deal with.

This revelation seemingly gives the backdrop for Santa Anita’s greater year-over-year dividend final 12 months. Though the information supplied doesn’t embody syndicate losses, it’s price noting that each one common payouts improved year-over-year during the last 12 months, in some instances considerably.

Decide 3 and Decide 4 had been the closest payoffs, however the 2024 choose 5 common is greater than 4 occasions the 2023 common, and all vertical averages are noticeably greater than final 12 months, led by the superfecta common, which is greater than double the earlier 12 months’s common.

The disclosure of CAW’s losses final 12 months gave the impression to be a response to backlash from horse racing officers over Breeders’ Cup’s resolution to not prohibit CRW’s entry to the prize pool. This summer season, Del Mar joined Santa Anita and the New York Horse Racing Affiliation in locking CAW out of the win pool with two minutes to publish, however the Breeders’ Cup introduced it could not achieve this for its Friday and Saturday occasions at Del Mar.

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Non-consecutive, multi-race bets reminiscent of $3 all-turf Decide 3s at Keeneland, Gulfstream Park and Santa Anita, in addition to massive occasion Decide 4s and 5s that tie in bets on a specific floor or grade, have gotten more and more standard, and standard knowledge means that laptop groups don’t help these guess sorts a lot attributable to low returns and a scarcity of betting data involving races past the primary leg.

This 12 months’s Breeders’ Cup will function a $3 all-turf Decide 3 on Friday, an all-turf and all-dirt Decide 4 on Saturday, and a quartet of day by day doubles over two days.

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