Latest / Bloomberg Intelligence / Breeders' Cup's Rotondo on Preakness Betting Strategies (Audio)
Transcript
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- 1:16Speaker 1: That's a bloom Bird business flash. You're listening to Taking
- 1:21Speaker 1: Stock with Kathleen on Bloomberg Radio. Starts with the Race
- 1:26Speaker 1: for the Roses in Louisville, Kentucky with the Kentucky Derby.
- 1:29Speaker 1: Then we go, of course at the end to Belmont
- 1:31Speaker 1: to see if we got a Triple Crown winner. And
- 1:33Speaker 1: in the middle we are going to be running the Preakness.
- 1:36Speaker 1: It's going to be raining Tomorto at Pimlico. What does
- 1:40Speaker 1: that mean for Nyquist? N Iquist won the Kentucky Derby
- 1:42Speaker 1: and now a lot of people are wondering if this
- 1:45Speaker 1: undefeated horse could win in this second leg of the
- 1:48Speaker 1: Triple Crown and go on to win that coveted title.
- 1:51Speaker 1: Joining us now as Peter Rotundo Jr. Vice President of
- 1:53Speaker 1: Media Media Entertainment at the Breeders Cup and Bloomberg racing
- 1:57Speaker 1: enthusiast Gary Adall. So, Peter, let's start with you Nyquist.
- 2:02Speaker 1: What kind of chance does this horse have to win
- 2:04Speaker 1: the Preakness. Well, he'll be odds on favorite. Um, you know,
- 2:09Speaker 1: he's beaten, he's never lost his his main competitor, Exaggerator,
- 2:13Speaker 1: he's beaten four times already. The distance is shorter than
- 2:18Speaker 1: it was in the Kentucky Derby. The horses that will
- 2:21Speaker 1: be chasing him, well, he'll be chasing in front of
- 2:23Speaker 1: him aren't very good. So I would say it's pretty
- 2:26Speaker 1: much he's got a tremendous shot. Peter. What will the
- 2:30Speaker 1: weather mean for the horses racing on Saturday? Well, I
- 2:35Speaker 1: mean the horses don't mind it when it rains. I
- 2:37Speaker 1: mean it's a wet track, you know, is fine. Last year,
- 2:41Speaker 1: if you remember American Pharaoh one in a slot, it
- 2:44Speaker 1: was a downpour of rain and he went wire to
- 2:46Speaker 1: wire right to the lead. You know, some horses of
- 2:49Speaker 1: bread for it, right. You know, there's that old saying
- 2:51Speaker 1: the mudd is a mutter, but you know the mother
- 2:53Speaker 1: and mother. But the bottom line there is I just
- 2:56Speaker 1: think that, um, it won't really affect the race too much.
- 2:59Speaker 1: Some horses will like it a little more, something a
- 3:01Speaker 1: little less. But I think it's I think it'll be fine.
- 3:04Speaker 1: It's not gonna They said it's gonna rain, but it's
- 3:06Speaker 1: not gonna be pouring pouring down all day. So theater,
- 3:11Speaker 1: how you doing? What's going on? Hello? That happy creak
- 3:14Speaker 1: this Seve? Thank you? Okay, So we have a hundred
- 3:17Speaker 1: and forty first running of the Creak the stakes. Last
- 3:20Speaker 1: year American Fararoh did something that no horse has done
- 3:23Speaker 1: for thirty seven years. What's the odds of of this
- 3:28Speaker 1: night Quist going on and doing and duplicating this feed again? Well,
- 3:32Speaker 1: I mean again, you look at the Kentucky Derby night
- 3:34Speaker 1: Quist ran two seconds faster than American Faraoh did last year.
- 3:39Speaker 1: And if you know in horse racing, up fifth of
- 3:41Speaker 1: a second is a lynx, so you know that's almost
- 3:44Speaker 1: eight lengths faster than American Farao. Now, the track on
- 3:47Speaker 1: Derby Day was pretty fast. You know a lot of
- 3:50Speaker 1: fast times were happening throughout the day, so you know,
- 3:53Speaker 1: you can't really make that comparison. But the bottom line
- 3:55Speaker 1: is I think the three year old last year that
- 3:58Speaker 1: American Farao run against much better than they are this year.
- 4:01Speaker 1: So I think Nikewist has a huge shot um tomorrow.
- 4:04Speaker 1: And again I normally don't like to pick favorites ever,
- 4:07Speaker 1: but like I did with American Farall last year, I
- 4:09Speaker 1: just don't see. I just don't see a scenario how
- 4:12Speaker 1: he gets beat Well, Peter, Uh, this is a money,
- 4:15Speaker 1: a business, a finance network. How can I make money?
- 4:17Speaker 1: I mean, if Nick was is gonna be the favorite favorite,
- 4:19Speaker 1: I ain't gonna make a lot of money betting on Niquist.
- 4:22Speaker 1: So what kind of strategy could I use with all
- 4:25Speaker 1: the various betting techniques to actually make some money. Well,
- 4:27Speaker 1: that's the came right, that's why we're doing this. Um.
- 4:30Speaker 1: The idea is the what they call exotic bets. Right,
- 4:34Speaker 1: So instead of just betting to wind or a place
- 4:35Speaker 1: sort the show, you could do something like I call
- 4:37Speaker 1: the super fecta where you have to pick the order
- 4:40Speaker 1: of finish the first, second, third, and fourth horses in order.
- 4:44Speaker 1: Hard to do, right, but if you do it, you're
- 4:46Speaker 1: gonna get paid pretty well. So that's the way I'm
- 4:49Speaker 1: gonna approach the race where I take Niquist, I put
- 4:52Speaker 1: him in the first position, and then I try to
- 4:55Speaker 1: I use a couple of long shots in the second
- 4:57Speaker 1: and third and fourth position to try to to try
- 4:59Speaker 1: to make pay out big. Um. So underneath I like
- 5:02Speaker 1: a horse named Uncle Leno. He's the number two. I
- 5:05Speaker 1: think he's gonna show some speed. I think he's getting better.
- 5:08Speaker 1: Whatever race, he had an equipment change and two races
- 5:10Speaker 1: ago took the blinkers off. You know. The blinkers are
- 5:13Speaker 1: like blinders, right to make them, you know focus. He
- 5:15Speaker 1: didn't like him that too much. They took them off him,
- 5:18Speaker 1: and he's been running better. I think he's gonna run big.
- 5:20Speaker 1: And I think number two, number ten Fellowship who ran
- 5:24Speaker 1: on Kentucky Derby Day, not in the Derby, but in
- 5:26Speaker 1: another race. He has a new trainer who's getting him
- 5:29Speaker 1: back into form, and I think he's gonna come running
- 5:31Speaker 1: at the end. So if he used night Quist with
- 5:33Speaker 1: those two long shots, the two and the ten, Uncle
- 5:36Speaker 1: Leo and Fellowship, and then of course Exaggerator, who's the
- 5:39Speaker 1: second choice who's finished four times he's run second to
- 5:42Speaker 1: night Quist, put him in your super factor if not.
- 5:45Speaker 1: If Exaggerated comes in third or fourth with those other two,
- 5:47Speaker 1: it's gonna pay pretty well. You know, Peter, I'm getting
- 5:51Speaker 1: a little worried because I agree with you. I agree
- 5:53Speaker 1: with this. Wow, we're in trouble now, you know. You know,
- 5:59Speaker 1: as a member of the famous team Rotundo, let me
- 6:02Speaker 1: ask you a question. When you guys disagree on something,
- 6:06Speaker 1: who makes the final decision. Well, it depends what we're doing.
- 6:09Speaker 1: If we're betting together, um as like as as a team.
- 6:14Speaker 1: Ultimately depends on the day. If I'm feeling a little
- 6:18Speaker 1: feeling sorry for Dad, I might let him, may let
- 6:20Speaker 1: him make the final one. But usually I kind of
- 6:23Speaker 1: take the reins if I'm involved, because you know, usually
- 6:25Speaker 1: I'm not always with them because I'm I'm actually you know,
- 6:28Speaker 1: I'm working and I'm running around, so um but we're
- 6:31Speaker 1: together also to make the final thing. I know already
- 6:34Speaker 1: we disagree on the Preakness, since I got a text
- 6:36Speaker 1: message from him saying we disagree. So it'll be an
- 6:40Speaker 1: interesting Saturday hanging out with those guys. Peter, if you
- 6:44Speaker 1: can just comment briefly on tournaments, handicapping tournaments and how
- 6:48Speaker 1: that is changing horse racing. Yeah, it's just a new
- 6:51Speaker 1: way to play. I mean, it's been around you It's
- 6:53Speaker 1: been around from a fifteen to twenty years or so,
- 6:56Speaker 1: but it's really taking off, taken off lately, uh, with
- 7:01Speaker 1: just an explosion. You know. There's there's a there's a
- 7:04Speaker 1: tournament in Las Vegas called the National Handicapping Championship every year.
- 7:08Speaker 1: First prize of the million dollars. We have one at
- 7:10Speaker 1: the Breeders Cup Breeders Cup Betting Challenge and you can
- 7:14Speaker 1: win over half a million dollars. It's it's it's just
- 7:17Speaker 1: a different way of playing the horses where you don't
- 7:20Speaker 1: have to bet like I just mentioned the Superfecta or
- 7:23Speaker 1: best like that. You could just sort of pick one
- 7:25Speaker 1: horse you like and if the horse runs well, you
- 7:28Speaker 1: get points and if they add as up, adds up.
- 7:30Speaker 1: It's an easier way to get into the game, and
- 7:31Speaker 1: I think a lot of younger people are trying to
- 7:33Speaker 1: catch it on because it's it's a more simple way.
- 7:36Speaker 1: Peter Tondo, Jr. Vice President Media Entertainment at the Breeders
- 7:39Speaker 1: Cup and Bloomberg Racy enthusiast Gary Edel, you're listening to
- 7:43Speaker 1: the Bloomberg Radio betting on commercial real Estate. We're going
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