Originally posted by SlyFox:
It's very simple math. If there are 100 entries, and I have two of those entries, my odds of winning are 1 in 50 (2/100), assuming my skills are equal to all of the other entries.
If the promoter adds 20 entries for "house cars" my odds of winning are now 1 in 60 (2/120), which is obviously not quite as good as 1 in 50. And the promoter now has a 1 in 6 chance of being obligated to pay out less, because 1 out of 6 (20 of 120) are his "house" entries.
And (this is VERY important) it costs the promoter ZERO to tilt the odds a bit more in his favor when he adds these "house cars." I guess if a house car ends up in the money, they have some agreement to split, but the promoter still wins when his entries finish in the money.
It's just simple math and statistical probability. Doesn't have anything to do with how good I am (or not), my panties, if I'm "skeered" or not, whether the car in the other lane is a paying customer or a house car, etc, etc. It's just simple math.
If there are any who don't understand that, I can't help you, but please be aware that the promoters who play the free entry/"house car" game are aware of your ignorance, and profiting from it