Santa Anita $2 Million Jackpot Guarantee

[tims70ar]

Santa Anita $2 Million

Please read this story and tell me how it works. Are they guaranteeing each day for 8 days? If there is not a mandatory payout then only the first few days would cost them right?

signed Confused in the South

[eye123]

Tim...the current carryover in the pool is $883,000. Starting Sat. they are offering anyone who hits(single winner) the wager $2,000,000. Will attract money into the pool. Will soon get to where the offer makes no difference.(once the pool accumulates to $2,000,000 they are off the hook) Should there be a winner prior to Feb 1st, that's it. Back to original concept on the wager.You play for what is there. (this is how I understand it after reading)

PS...so play early(beginning days when your at an advantage...before the pool grows, which it will, better move on Santa Anita behalf then the roulette thing) (see them really making some money on this as the wager is not hit)

[tims70ar]

Yes. But if I read it correctly, if someone hit it (not likely) they would also guarantee 2M for the next day, and the next...etc.

Good luck all.

Tim

[eye123]

Tim, I was looking at the little asterisk right below the $2 mil which says...."If the jackpot is hit,subsequent guarantees are void" ...so if hit on any one day...the guarantee is null and void. I'm thinking Santa Anita has come up with a money maker here. Induce more into the pools, build the pot, and rake the take.

[tims70ar]

The fine print always gets me.

So SA is only taking a risk Saturday , by Sunday it should be above the $2 M mark.

[eye123]

This promotion reminds me of when on "big" race days where the track knows millions will be bet into a certain pool....they come out with..

Pick 4 guarantee $1,500,000 .....makes for nice advertising, but little risk on their part.

[Anonymously]

Monday's $0.20 Rainbow Pick Six (Races 5-10)
www.equibase.com/static/entry/SA012119USA-EQB.html