Do Low Minimum Wagers Lead To Degenerate Gambling?

This ought to be a hit amongst the action junkies, Churchill is going to lower the minimum wager on pick threes and trifectas to fifty cent starting today. With handle taking a slide across the board tracks have to angle for every edge to make sure they hold their share of the shrinking parimutuel pie. Takeout on these wagers is 19%.

The good news is that this gives horseplayers more options at the low end, the bad news is that another avenue of low minimum degenerate gambling has been widened. Are these low minimum exotic wagers bad for "OTB type" action junkies? Would some people be better off if they focused on win, place and show? If punters can not afford the $1 pick 3 should they even play the pick 3? Is the industry casually introducing degeneracy to racing fans by instituting all of these low minimum wagers? Do I need to arm myself next time I go to the track to fend off all of the seedy fifty cent and dime players?




















Flushing OTB patron and sometimes Churchill Downs fan Dat Wi Nguyen was "very happy" when he learned about the $.50 pick 3