BitPlayer Wrote:
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...> Thinking about how the article relates to horse
> racing, my reaction was that the only reason that
> the computer groups exist in horse racing is that
> they're taking money from the rest of us, not from
> the tracks or ADWs.




Haven't read the article , but from whom would the money come, if not 'us' ?

The rebate allows the groups to take shorter odds that we can for the same risk . Since they are ,on average, reasonably decent players, this shortens the payoffs. If they sucked, it would be less of an issue. And even when they do stink it up , its too late for YOU to bet against them, as the pools have closed.