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Kolossal obviously switched Quickdraw with Sparkplug. Clever and stupid at the same time. Iâm sure he made lots of money on the race, but he doesnât think heâs going to get away with this, does he?
In real life horse racing, happens all the timeâŚ..keep holding back a good horse until you get long odds, then let him goâŚ.he doesnât actually have to get better.
What does she mean, âWe canât keep up with the payoutsâ? Surely the track runs a parimutuel system, doesnât it? I canât imagine that any track would be using fixed odds. Under the parimutuel system, total payouts are never as high as the total bets. The actual odds are calculated once all bets are in. The strip yesterday showed an odds board outside the betting windows, but that has to be updated as the betting progresses.
JonahHex, you posted almost the same thing I did while I was writing mine. I didnât see that till after I posted.
(Typo: In the first panel, I think âunnecessaryâ needs one more ânâ)
So, it now comes out that Mr. Angus in fact owns (or at least is âthe boss manâ of) Wilcox Downs Racetrack (BTW, this does not automatically make him a gambler himself, if heâs just in it as a business). This cannot bode well for Kolossal, because his ringer ruse will fall apart as soon as an investigation examines the horse involved. Yet I also note that Fred and the Parimutuel Lady are themselves racing, to their conclusionsâŚ. Well, sometimes the storyline has to be moved along quickly, I guess.
Never mind the Marx Brothers â anyone seen Paul Newman and Robert Redford hanging around the track? (And is that Scott Joplin music playing over the loudspeakers?)
âŚâŚthe only way a track couldnât keep up with the payouts is if exactly the opposite happenedâŚ..huge FAVORITES at odds way under 1-9 kept coming in. Most tracks, by law, have to return at least a $2.10 payoff for a $2.00 bet, so if not enough money comes in on the other horses combined to cover that, the track has to make it up. (UhhhhâŚ.for some straaaange reason usually when a favorite gets bet down to where the track could lose money, it âmysteriouslyâ loses, lol)
It has been many years since Iâve worked at a racetrack, but I do remember the basics of the Parimutuel system. The most important part is that as the number of bets on a horse goes up, the odds on that horse go down. So if there are a lot of bets on a horse at 30-1 that will push the odds down. As Fredville has pointed out, only when you have a string of favouriteâs winning do you have problems with payouts.
Thatâs true unless of course someone has been messing with the Parimutuel computers so that the odds stay high despite the number of tickets sold, which of course would be a criminal matter. At the track where I worked we had a presence not only from the American Totalisator Company (as it was then) but also from the Federal government to keep an eye on operations.
I bet (no pun intended) that Kolossal doesnât know that Angus is running the track, and likely to figure out the scam.BUT⌠wouldnât it be illegal for a horse owner to also operate the track?
As for the guys at the track -Iâm sure Iâve seen Rusty in another comic strip, a long, long time ago. (TarryâŚ? TarryâŚ? Do you read me? Can you resolve this?)-âââââââââââââââAnd, yes that was Chico Marx selling the âTootsie Fruitsie Icea Creamâ yesterday. (And his pushcart contained books which explained his racing tips.)Just so you know, Chicoâs hair was much darker brown than was colored here, Harpo never spoke in their movies, and Harpoâs wig was red. -As for why some of you were confusedâŚYes, the 5 Marx Brothers did look alike, but Iâm pretty sure Joe had nothing to do with it. In fact, Iâd say youâd have to blame that all on their parents.As Groucho sang in the song, âFatherâs Dayâ:ââŚFor according to our mother, youâre our father, and thatâs good enough for me.âAnd thatâs good enough, for me.â
Neil Wick, youâre right about the payouts. However, by doing things this way, we can get Mr. Angus all upset â which is doubtless the point of this thread.
DaJellyBelly was the one who âdid the thinninâ âround hereâ yesterday.
Congratulations to DaJellyBelly for being the first to mention it. I donât know how I missed that except that there was a lot going on yesterday in the strip.
cpalmeresq almost 11 years ago
Now itâs starting to come together!
Wiseking almost 11 years ago
Rut Roh! Sounds like trouble! Good morning everyone!
willy007 almost 11 years ago
Kolossal obviously switched Quickdraw with Sparkplug. Clever and stupid at the same time. Iâm sure he made lots of money on the race, but he doesnât think heâs going to get away with this, does he?
fredville almost 11 years ago
In real life horse racing, happens all the timeâŚ..keep holding back a good horse until you get long odds, then let him goâŚ.he doesnât actually have to get better.
fredville almost 11 years ago
âŚ.but I donât understandâŚâŚthought Angus wasnât INTO gamblingâŚ..and Sparkplugâs movie fee was going to eliminate the need to race him
Ashmael almost 11 years ago
Good morning, all!Now is getting interesting! Kolossal is up for a colossal troble!
fallstiger75 almost 11 years ago
At least we know what business Angus is in.
yumpinyiminey almost 11 years ago
Angus will figure this out in a heartbeat. And when he does, Kolossalâs heartbeats will be numbered.
abdullahbaba999 almost 11 years ago
Angus know how to get good bang for his buck..this is cool..
fredville almost 11 years ago
I have to agree with those who feel Ghote and Sail will encounter, and be saved by, the missing former moon peopleâŚ
Neil Wick almost 11 years ago
In all the discussion yesterday about references to the Marx Brothers and Abbott and Costello, I didnât even mention Quick Draw McGraw:
jonahhex1 almost 11 years ago
Now itâs clear how Angus knew Kolossal was blowing money at the trackâŚ.Angus OWNS the track.
Neil Wick almost 11 years ago
What does she mean, âWe canât keep up with the payoutsâ? Surely the track runs a parimutuel system, doesnât it? I canât imagine that any track would be using fixed odds. Under the parimutuel system, total payouts are never as high as the total bets. The actual odds are calculated once all bets are in. The strip yesterday showed an odds board outside the betting windows, but that has to be updated as the betting progresses.
JonahHex, you posted almost the same thing I did while I was writing mine. I didnât see that till after I posted.
(Typo: In the first panel, I think âunnecessaryâ needs one more ânâ)
Vista Bill Raley and Comet⢠almost 11 years ago
Good moring fellow DT fans
Happy days for the winners!
Sisyphos almost 11 years ago
So, it now comes out that Mr. Angus in fact owns (or at least is âthe boss manâ of) Wilcox Downs Racetrack (BTW, this does not automatically make him a gambler himself, if heâs just in it as a business). This cannot bode well for Kolossal, because his ringer ruse will fall apart as soon as an investigation examines the horse involved. Yet I also note that Fred and the Parimutuel Lady are themselves racing, to their conclusionsâŚ. Well, sometimes the storyline has to be moved along quickly, I guess.
jrankin1959 almost 11 years ago
Never mind the Marx Brothers â anyone seen Paul Newman and Robert Redford hanging around the track? (And is that Scott Joplin music playing over the loudspeakers?)
johnrussco almost 11 years ago
wow ⌠but I am sure that everybody saw this coming
Chris Sherlock almost 11 years ago
So, youâre saying that heâs a âKolossal liarâ? (hee hee hee)
Jerry1967 almost 11 years ago
Was Mysta riding âQuickdrawâ? Inquiring minds want to know.
fredville almost 11 years ago
âŚâŚthe only way a track couldnât keep up with the payouts is if exactly the opposite happenedâŚ..huge FAVORITES at odds way under 1-9 kept coming in. Most tracks, by law, have to return at least a $2.10 payoff for a $2.00 bet, so if not enough money comes in on the other horses combined to cover that, the track has to make it up. (UhhhhâŚ.for some straaaange reason usually when a favorite gets bet down to where the track could lose money, it âmysteriouslyâ loses, lol)
bmckee almost 11 years ago
It has been many years since Iâve worked at a racetrack, but I do remember the basics of the Parimutuel system. The most important part is that as the number of bets on a horse goes up, the odds on that horse go down. So if there are a lot of bets on a horse at 30-1 that will push the odds down. As Fredville has pointed out, only when you have a string of favouriteâs winning do you have problems with payouts.
Thatâs true unless of course someone has been messing with the Parimutuel computers so that the odds stay high despite the number of tickets sold, which of course would be a criminal matter. At the track where I worked we had a presence not only from the American Totalisator Company (as it was then) but also from the Federal government to keep an eye on operations.
Can't Sleep almost 11 years ago
I bet (no pun intended) that Kolossal doesnât know that Angus is running the track, and likely to figure out the scam.BUT⌠wouldnât it be illegal for a horse owner to also operate the track?
Can't Sleep almost 11 years ago
As for the guys at the track -Iâm sure Iâve seen Rusty in another comic strip, a long, long time ago. (TarryâŚ? TarryâŚ? Do you read me? Can you resolve this?)-âââââââââââââââAnd, yes that was Chico Marx selling the âTootsie Fruitsie Icea Creamâ yesterday. (And his pushcart contained books which explained his racing tips.)Just so you know, Chicoâs hair was much darker brown than was colored here, Harpo never spoke in their movies, and Harpoâs wig was red. -As for why some of you were confusedâŚYes, the 5 Marx Brothers did look alike, but Iâm pretty sure Joe had nothing to do with it. In fact, Iâd say youâd have to blame that all on their parents.As Groucho sang in the song, âFatherâs Dayâ:ââŚFor according to our mother, youâre our father, and thatâs good enough for me.âAnd thatâs good enough, for me.â
Don Winchester Premium Member almost 11 years ago
Canât these writers stay on a storyline worth reading?
W H H almost 11 years ago
So in all of the entire racetrack industry, itâs a teller at the payout window who suspects a fixed race?
guiowen almost 11 years ago
Neil Wick, youâre right about the payouts. However, by doing things this way, we can get Mr. Angus all upset â which is doubtless the point of this thread.
Neil Wick almost 11 years ago
Congratulations to DaJellyBelly for being the first to mention it. I donât know how I missed that except that there was a lot going on yesterday in the strip.
Neil Wick almost 11 years ago
Heehee. Good one, JPW.