Chapter 530 - The Chain of Interest Related to International Events

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"Oh yes? You're doing a great job! After praising his agent, Pepe asked casually: "How many will there be?" ”

Wilkes immediately replied: "I learned from Mr. Hanks that the Quebec International Invitational at the end of the year has a similar schedule and track setting to the Triple Crown, and the schedule is also divided into two events: dirt and grass, the shortest 'mile' course has a prize of $2.5 million, and the 'one and eighths mile' dirt and grass course has the same prize money as the 'one and sixteenth mile' dirt and grass race, both of which are $4 million, and the longest track The 1.5-mile dirt and grass course will win a whopping $5 million for the winner! ”

Pepe mentally converted the current international exchange rate of Canadian currency to US dollar, which is about 1 to 1.9. (This is the average exchange rate value before the financial crisis of '08)

All the races are divided into two events: dirt and grass.

If all the individual races can be won and all the championship prizes are converted into dollars, the total prize money that can be obtained by lending the "Triple Crown" to Bozeman Racecourse to compete is about 15 million US dollars.

And then add to that the loan fee that Bozeman Racecourse paid to itself for the horses - two million dollars!

In this way, Pepe can easily earn 17 million dollars in extra money.

And this $17 million extra money income is still the figure she got from the return on the jackpot that she will put into the spinach (lottery) at that time.

Coincidentally. Pepe had just thought of the return on the winnings of the championship odds, and Thomson, who was standing beside her, at this moment, actually thought of the same prize problem as his boss.

"Ah~~~ That's right! When the time comes, we can also continue to earn another amount of income from this piece through the odds of winning the 'Triple Crown' offered by the off-site spinach (lottery) company! Thomson's expression was evidently excited.

And as soon as his words fell, he was immediately refuted by his old partner Wilkes: "I said brother, don't think too beautiful!" ”

Wilkes finished his retort and smiled and patted Thomson on the shoulder. Then he continued: "I want to know. With the current fame effect of the "Triple Crown", the organizing department of the Quebec International Marseille Invitational will give the "Triple Crown" the odds to win the championship, and it is certainly impossible to have the same high odds as it did before the "Triple Crown" was crowned. ”

After striking the good partner, Wilkes slapped Thomson on the shoulder and carried the entire champagne bottle from the other's hand. Then pour your own glass. While shrugging his shoulders, he continued to analyze: "I estimate that as long as it is not less than 1 to 1.1, the odds ratio. That's pretty good! ”

Thomson was a little discouraged by his old partner's well-founded analysis.

I saw him put on a bitter gourd face, and said unwillingly: "I said old man, you won't be blind, right?" A dignified international Marseille invitational tournament. You can't really offer such low odds, right? If you really want to offer such a low odds ratio of 1 to 1.1 for the 'Triple Crown', then what else can bettors make? If I am a lottery player, after investing 1 million and then deducting 2% of the handling fee, the final profit income is not even 100,000, then what is the appeal? With such low odds on a popular horse, it's better to study the other underdogs and see what dark horses you can invest in! ”

At this time-

Someone behind Thomson suddenly interjected: "You guys are thinking too seriously about the problem!" I can guarantee that the odds of the Triple Crown at The International Invitational du Québec will never be lower than 1 to 1.5! ”

Thomson looked back in astonishment—

It turned out that Mr. Hanks, the representative of the board of directors of Bozeman Racecourse, had come up to Pepe and the three of them at some point.

"How can you say so high?" Pepe thought it was incredible at first, but when she looked at the other party's confident attitude, she unconsciously became curious.

- Is it so?

Pepe thought for a moment and asked, "You're so sure, is it because you've gotten some inside information?" ”

"There's no insider! What I just said is just a judgment based on common sense! Mr. Hanks smiled and nodded at Pepe, and then replied: "Let me tell you this, this Quebec International Invitational, the biggest sponsor is Japan's XXX chaebol, as we all know, Japan's Marseille, whether it is the championship prize given or the odds for the popular horses to win the championship, compared with the same events in other countries, the prize money and the odds of winning the championship will be deliberately raised by a level." In addition to the reason I just mentioned, another reason is that in addition to the champions, runners-up and runners-up of the Triple Crown Races of the United States in 07 and 08, there are also champions, runners-up and runners-up horses from the Royal Escott Marseille in the United Kingdom, champions, runners-up and runners-up in the Arc de Triomphe de France in France, winners and horses in the North American Cup in Canada, and JRA Cup Grand Prix in Japan The first, second and third place winners of the NAR Cup Grand Prix will participate, as well as strong horses of the Akhal-Tejin bloodline who won the first, second and third place in this year's UAE (Horse Racing) Championships! ”

"Wow!" When Thomson heard this, he couldn't help but whistle, and then his eyes lit up and said: "The opponents of the 'Triple Crown' this time are not ordinary, I didn't expect that they are all world-class first-class seeded players!" ”

"You're right!" Mr. Hanks smiled and nodded, "It is precisely because all the horses invited to the Quebec International Marseille this time are the favorites to win the championship at the world-class level. Each horse is a champion seed in his own country, so it is impossible for the race to be a big upset, and the odds of each horse are unlikely to be wide! ”

"Ahh I understand! Pepe realized: "If you only set the odds of the 'Triple Crown' to win the championship very low, it seems that you are very afraid of the winning strength of the 'Triple Crown', but on the other hand, it is equivalent to showing that the seeded players who look down on other countries can win the championship!" So, for the sake of fairness, the odds to win the championship are for the champion seeded players of each country. It will definitely only open on the same level. So. If the odds are too low, it will only greatly reduce the appeal of the competition."

Before Pepe's analysis could be finished, he heard Mr. Hanks eagerly follow her words and continue to add: "It's not just the reasons you just thought of. This also involves the reasons for a series of related interest chains that an international event has to generate. For example, the income of live broadcast copyright, the sharing income of ratings, the income of broadcasting rights, the income of advertising sections, and so on! ”

Mr. Hanks explained the bottom of the chain of interests so thoroughly. Even Thomson, who had the lowest education, understood the mystery.

I saw a look of sudden realization on his face. slapped his thigh and said, "Ah! I get it! At the end of each race, only one horse wins, and if you put the odds of the favourites at the same level in each country are very low. Just the (Bo) spinach (color) gold will outweigh the gains! In this way, after the game starts, the number of people who will watch the live broadcast will be correspondingly smaller, which means that the ratings will be very low; And if the ratings are very low, not only will the rights of live broadcasts and broadcasts not be sold at a high price, but even the income of advertisers will be reduced! Mr. Hanks, is that what you're talking about? ”

Mr. Hanks nodded and smiled, "Mr. Hawke's analysis is correct! That's why I'm pretty sure that the odds for the 'Triple Crown' will never be lower than 1 to 1.5 for The International - in that case! ”

Having said that, Pepe, Wilkes, and Thomson, who were all counting on earning extra money through off-the-court spinach (jackpot) money, all pressed their initial worries, and after a few people stopped the topic, they began to laugh and laugh

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There are still 1,000 words left in the back, so I'll make up for it tomorrow!

There are still 1,000 words left in the back, so I'll make up for it tomorrow! (To be continued......)

PS: Thank you book friends: Onizuka, tail number 9254 for the tip!

Thank you book friends: Demi's monthly pass support!

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