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-Short Attention Span Theater-
Woman wins $20,000 on dime bet
2006-07-14
A woman who risked 20 cents on the Superfecta at a Michigan track ended up with $21,584. Chris Locking, the general manager of the Sports Creek Raceway, told the Detroit News the woman made two 10-cent bets and one paid off. Both were on a race simulcast from the Hollywood Park track in California.

The woman's name has not been released.

"Pretty good return for 10 cents, isn't it?" Locking said.

To win a Superfecta bet, the gambler must pick the first four horses in a race in the winning order. Many tracks have introduced exotic bets, sometimes known as "sucker bets," and allowed very low wagers to draw in more money.

Locking said the dime bets have been very successful at Sports Creek. "Twenty-thousand doesn't happen every day but on a regular basis you'll see people winning $70, $200, $500 on a dime bet," he said.
Takes a heap of losers to make those payoffs and leave a profit...
Posted by:Chaish Threlet2390

#4  Can't argue with that 2x4, maybe a loss leader?
Posted by: 6   2006-07-14 21:27  

#3  I can't see how the tracks can afford the transactions costs.

Coin operated machines. I remember when you could make a phone call for a nickle. And an article like this is worth a lot more than $21K in marketing expense.
Posted by: Nimble Spemble   2006-07-14 21:25  

#2  6, if it did not pay, they wouldn't do it.
Posted by: twobyfour   2006-07-14 21:10  

#1  That's crazy. Dime bets? I can't see how the tracks can afford the transactions costs. Maybe a 2 dollar is recquired with it?
Posted by: 6   2006-07-14 13:37  

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