Horse Racing Roulette: A License to Print Money?

by: Rich Bieglmeier

The Stronach Group (TSG), owners of thoroughbred racetracks Santa Anita, Gulfstream Park, Golden Gate Fields and Portland Meadows, infused one of the most popular casino games into the horse racing world: Roulette.

The new bet was introduced on Opening Day, December 26, 2018, at Santa Anita and is also available at Gulfstream Park. So far, the new bet has received mixed reviews. Some love it and others hate it depending on perspective. Many old-timers, traditionalists, are sour on it while the inexperienced seem to be OK with it.

For those who are unfamiliar with Horse Racing Roulette, here is how it works:

Two-dollar minimum win wager.
Horses (minimum six-horse field) will be placed into one of three groups: Red, Black or Green.
In most cases, the morning line favorite will be part of the Red Group.
The Green Group will be comprised mainly of longshots.
The three Groups, in most cases, will not have an equal number of horses.
Whichever Group contains the race winner, wins that “game” of Horse Racing Roulette.
In the event that ALL betting interest members of any group are scratched or declared non-starters, betting on the Group Bet pool will be stopped immediately and all Roulette wagers made on this particular race will be refunded.
In the event of a dead heat for first between two or more divergent Group members, the Group Bet pool will be distributed as a profit split (place pool) or, if there is a triple dead heat with as many Group interests, the pool will also be distributed as a profit split (show pool).

Intrigued by the bet, we took a look at Sunday, February 10, 2019’s Horse Racing Roulette results to evaluate how to play roulette to your advantage, if possible.

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