If program betting can be this wise . . . (1002 Views)
Posted by:
skitimber (IP Logged)
Date: July 08, 2018 06:51PM
If I had a "good thing" and could bet $20,000 on a horse and get 7/2 or 4-1 vs putting $45000 and getting 5/2, why would I be so stupid as to wager the $45,000? It suggests that either more than one program betting entity/whale had the horse or the $45,000 was in the know (or just stupid.) Judging from the sheets, if I saw that horse at 5-1, my thought wouldn't be "let me make my biggest wager of the month or year on a straight win bet here." (By the way, did anyone notice/explain if and what happened to the place and show prices?)
At any rate, seeing something like this offers little hope for bettors like me because either I'm not "in the know" or my handicapping skills can't come close to competing with the program used to determine this was an unbelievable wager at say 5/2 or 3/1 - the price they had to assume they'd end up getting! I've been betting less and less and this might just push me to Derby Day and the Saturday of Breeders Cup only.