Re: Article on Status of Professional Sports Betting (456 Views)
Posted by: Fairmount1
Date: June 15, 2019 11:12PM
The tracks don't care about their gambling customers like "us." Only Oaklawn and Tampa make serious attempts to keep the CRW's out of the pools. Every other track rolls out the red carpet for the robotic guys and their algorithms to have direct access to the pools in every way they desire....
The tracks believe that this model creates the largest amount of handle, they (the tracks) get their blended take of approx. 20 percent off the top and that's all they care about.
Gamblers mean NOTHING to the tracks unless they are the whales. And the whales are now the CRW's.
The margin for you and I is thinner than it has ever been b/c every angle that you may have noticed through anecdote (even if a valid angle) gets CRUSHED if it truly is a profitable play over time (thus making no longer as profitable).
Still working my way through Meadow's recently mentioned on the board The Skeptical Handicapper but he makes this very clear right at the start.....
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