Why Not Us? (1 Viewer)

If we are to believe it wasn't on the list because outcomes can be manipulated NHRA teams go about it in a shady way and F1 doesn't. My opinion is this is not the reason. I think it is a combination of drag racing not getting due respect and possibly not enough revenue for the casinos to bother. While RaceDayScore was running I was shocked how little interest there was in it.
Race Day Score showed there was little interest. It was a great program that required very little money an had great rewards. Obviously drag racing gets no respect in general and that is why. Let's hope some other state takes pity on us so that we can play again.
 
If there's enough money to put on both sides of the outcome, Las Vegas will handles the bet (and take their cut): That's how parimutuel betting works.
I suspect, there's just not enough folks who want to jump in the pool.

Sports betting is not parimutuel betting. Sports betting is mutual betting. There is a BIG difference.

Parimutuel betting (mostly horse racing) means your bet is tied to every other bet in the pool. For instance, let's say you bet the Kentucky Derby on the 5 horse to win. Your bet goes into a pool with everyone else that made a win bet, no matter where they bet or how much they bet, whether it was at the track or at a casino. The odds are "live" on the bet until the race starts. Let's say the 5 horse is 5-1 when betting opens, and you bet it then. That does not mean you automatically get 5-1 on the horse. It could get bet down or up by post time, and those are the odds you will get. The takeout/juice/vig on the bet is dictated by the state racing commission (it is usually 15% on a win bet) and then they have to payout all of the winning tickets out of the win bet parimutuel pool ONLY. That is why you will see weird numbers pop up on the tote board, say your horse was 2-1, that should pay $6 for a $2 bet ($4 for 2-1 on $2 bet plus your original wager)... but you will see the win pay back $5.20 or some such.

Mutual betting, like sports betting at a casino, is a bet between only you and the house. It is not tied to any other wagers or pools. The odds are "dead" on your bet with the house, meaning if you bet State -7, you get State -7 even if the point spread changes by kickoff. The hold/cut/juice/vig on a sports bet is usually 10%. They only take the cut out of the winning portion of your bet, so a winning $100 bet on State pays back $190.

You are correct that the lines are set on sports/mutual betting to attract equal action on both sides, that guarantees the house wins no matter who wins the game. It doesn't always work this way, when action on big teams like the Patriots can be 75/25 the casinos get very nervous. They can have games/days that are losers, and they have to go into their own pocket to cover these wagers.

For horse racing/parimutel betting, they don't really care about the odds or who wins because they get their cut of the wager up front, and the payouts are out of the pool of money bet by players ONLY, the casino/track never has to go into their own pocket to cover these types of wagers.
 
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Haha This would have all the makings for a great sequel to the movie “Casino”. What happens in the pits stays in the pits. Everyone makes a buck; everyone is taking what they think is theirs. The guy running the return road scales is gettin paid to de-calibrate the scale on Sunday. The Chief Starter getting paid to muck up the tree sequence; the Safety Safari track prep guy getting paid to miss a few spots in one lane; the Nitro seller getting paid to bring in a batch of bad fuel; the guy selling Philly cheesesteaks is skimming visa check cards; drivers being paid off to “dive” on a run; the beer garden selling 20oz premium craft brews when it’s really Busch Light running through the taps. Drivers charging fans for hero cards and autographs.

LoL could you imagine? I wonder who DeNiro and Pesci could portray.........
 
Haha This would have all the makings for a great sequel to the movie “Casino”. What happens in the pits stays in the pits. Everyone makes a buck; everyone is taking what they think is theirs. The guy running the return road scales is gettin paid to de-calibrate the scale on Sunday. The Chief Starter getting paid to muck up the tree sequence; the Safety Safari track prep guy getting paid to miss a few spots in one lane; the Nitro seller getting paid to bring in a batch of bad fuel; the guy selling Philly cheesesteaks is skimming visa check cards; drivers being paid off to “dive” on a run; the beer garden selling 20oz premium craft brews when it’s really Busch Light running through the taps. Drivers charging fans for hero cards and autographs.

LoL could you imagine? I wonder who DeNiro and Pesci could portray.........
I don't know about DeNiro and Pesci, but Gary Busey must play John Force.
 
Chris W., that is hilarious what you wrote about everyone making a buck.....probably more truth than fiction
 
Do you guys remember some years ago, when drivers who qualified "broke" and couldn't race, so the alternate got in? And the alternate was a sponsored car, so he made a deal w/ the car that "broke"? NHRA came out with a rule that said no alternates and that stopped it.
 
somebody fit gary for a firesuit.......OR.......send john to acting school. oh wait, he can already act :D
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This is interesting, but I wonder why NHRA was left out?

Alan




ONE GOOD REASON: VERY AMATEUR ORGANIZATION IN CHARGE

Sonoma Pro Stock Motorcycle Ladder AND qualifying order on Nhra.com totally wrong as of end of round 1 of eliminations. Very difficult to post odds when your information is wrong. Even harder to make betting choice. Real advantage for sharp bettors who do their homework. BTW Summit website had both ladder and qualifying correct.
 
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