As a long time pick 6 player I’ve known for a while the bet is changing and is not what it once was. The wager has suffered shrinking pools for years, primarily due to the increase in 50 cent multi-race wagers and many more sharks and syndicates in the water.
There was a time, not that long ago, when the NYRA pick 6 pool could reach over 100k on non-carryover days. That created daily opportunities to be the only winner and take down six figures. That made it a worthwhile bet on non-carryover days, as the majority of sharks surfaced when there was a carryover. Snaking the pool we’d hit it and it is a wonderful feeling. For $30-$40k not so much, considering how tough the pick 6 is to hit.
California, especially Southern California, has been the exception when it came to the pick 6. Their pool has remained acceptable, even on non-carryover days. Regardless, Santa Anita has now switched to the 20-cent jackpot pick 6. Considering the success of the jackpot wagers, this should come as no surprise. NYRA has also pushed forward with getting a jackpot pick 6, so it is pretty clear, this 20-cent jackpot is the pick 6 of the future. The dinosaur pick 6 will at least remain in the Breeders’ Cup, as the two day event is just not long enough to support the jackpot format.
I always preferred the standard $2 format, as, I thought it separated a lot of the kids from the adults. With the shrinking pools however, I must admit it ceased being my main, “go-to,” wager, some time ago. With places like Maryland, New Jersey, California, soon New York, and of course Florida and Gulfstream, where it all started amongst others offering the 20-cent jackpot. I am once again very interested in the wager.
A lot of people knock the jackpot format and feel it is only worth it when the carryover is huge, or on mandatory payout days. I disagree. Many a day the pick 6 players have been caught sleeping and the pool was taken down by an astute and heads up player. I have also seen enough days where the shared payoff was more than worth it, based on the 20-cent investment.
On mandatory payout days it is one of the best bets around. Essentially you get a $2 pick 6 at a 20-cent cut rate of investment. If you are used to the $2 wager you get a lot of coverage for a lot less money.
The wager generates excitement and interest. Any wager that has the potential for six figure and above scores, is good for the game and the bettor. The 20-cent jackpot pick 6 requires a different approach and strategy than the old conventional one, but it is the future of the pick 6 and I think it should be welcomed and embraced.
Racing changes and evolves over time. As players, we too must adapt and play in the current arena. The jackpot pick 6 allows players who don’t normally play the pick 6 to get involved and become more familiar withthis challenging wager. The water is fine. Everybody in the pool.
Another new wager we are seeing for the first time this weekend is the transatlantic pick 4. NYRA has been hosting cross country pick 4’s, but this Saturday they offer one with two stakes from Longchamp, including the Prix De Arc’ de Triomohe, and two stakes from Belmont’s super Saturday. I love this concept. European racing is phenomenal for wagering. It is some of the best racing for wagering in the world and we here in the states pass it up way too often. The toughest part is getting quality past performances, but that can at times be a slight edge for those who diligently follow what goes on over there.
We should enjoy a weekend full of opportunities. May you all make at least one of them count.