Lavery wins today's second race at Parx

John Kelly

Born Gambler
Staff member
Lavery entered the starting gate at odds of 9/5.

The gates opened and the bell rang to signify the close of wagering.

As the horses approached the far turn, Lavery's odds dropped to 1/2.

From 1.80-to-1.00 down to 50 cents on the dollar.

Looks like a $20,000 win bet was placed on Lavery just before the gates opened.

There was about $7,000 bet to win on Lavery as the horses entered the starting gate and then a final tally of $31,684 bet on Lavery in the win pool.

Lavery broke on top, took pressure down the backstretch and then powered away from rivals through the stretch to win by five lengths.

The money was right.

Happens often in horse racing but this 20K wager is a large wager at a mid-tier track like Parx.

About a month ago, I spotted win bets of approximately $40,000 placed at the last possible moment on races at Aqueduct and Santa Anita.

One bet won and the other lost.
 
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John Kelly

Born Gambler
Staff member
Investigating further, Lavery was also pounded in the exacta pool.

Interestingly, Lavery was the third choice at odds of 3/1 on the Parx morning line.

Eddie's Charge, the 2/1 program choice, ran second at odds of 8/1.

Vinny Dream, listed at 5/2 in the program, ran third at odds of 5/1.
 

cheapseats

EOG Master
Is this type of action the result of wanting no worse than 50c on the dollar or having some sort of last second information. Otherwise, why wait.
 

John Kelly

Born Gambler
Staff member
No last-second information, Cheap.

Some big bettors place a large wager early in the betting cycle to dissuade others from playing their selection.

Others wait until the last second to bomb the pool.

It gets tricky but there's a chance the big bettor could have bet less and won more because the breakage becomes a telling factor.

If a horse is scheduled to pay $3.19 for every $2 win wager, the gambler will only realize a $3.00 payout.
 
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