Power Cap

Power cap- existential handicapping

23 May 2008

Welcoming The Japanese And Betting On Them

The Japanese racing fans are on their way to Belmont to see Casino Drive raid an American Classic. Thousands of them will arrive at JFK with their cameras, their hope and bags of yen to wager on Casino Drive. Their presence at Belmont is welcome and I hope the Japanese have a wonderful time in New York at Belmont Park. It is always nice to see interesting new faces at the championship track, where on a day to day basis it is the same die-hards over and over again. While the Japanese will likely feel welcome at Belmont, I doubt NYRA will be able to pull off hiring some Japanese tellers as this animal just does not exist in the local job market. At this point NYRA is lucky to get English speaking tellers. So the Japanese will have to make due with the tellers we deal with on a daily basis, perhaps they could figure out the SAM machines. The Japanese will have to deal with a communication gap.

The Japanese fans are here for one reason and they will bet the sashimi off Casino drive depressing his odds similar to Deep Impact at the Arc . Can you say 50,000 yen to win on number one? However the foreign pari-mutuel raiders will focus on the win pool exclusively as there is no teller in the house that will understand the Japanese words for pick 4 or pick 3, nor will the Japanese will be able to work such a complicated wager with unknown horses at a foreign place. Exploit this communication gap and go exotic if you want to play the exotic horse. If you want to bet Casino Drive focus on the exotics like the pick 3 and pick 4, he will be a better price in those pools than the win pool. Value will be your friend and value at the track is better than honour.

1 comment:

Anonymous said...

The rest of the world isn't like the U.S., many people know more than one language.