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Re: Pick 5 or Empire 6? (777 Views)
Posted by: Fairmount1 (IP Logged)
Date: August 03, 2020 10:08PM

MJ et al,

A year later, this topic worth revisiting.

https://www.drf.com/news/jackpot-payouts-put-spotlight-computer-assisted-wagering-programs

Of note and already reported here re: exclusion of CAW's from NYRA Late pick 5:

[i]"And then there is the late pick 5 offered by the New York Racing Association, with a 50-cent minimum and 15 percent takeout.

Launched in the summer of 2017, the bet was first made available only to customers of NYRA Bets, which did not take on CAW operators as customers. It has since been expanded to all NYRA customers – [size=large][b]but the bet still does not allow CAW operators in the pools.[/b][/size] A late pick 5 offered on Saturday linking NYRA races with those at other tracks also does not allow CAW activity.

The bets are not advertised as being “CAW-free,” reflecting the caution exhibited by many racetrack operators when dealing with CAW activity. By drawing attention to the exception, racetrack operators are fearful that everyday bettors might begin to look askance at all the other pools in which CAW activity usually hits 30 percent of the betting.

NYRA officials are counting on the late pick 5 to generate data on the win rates of CAW operators and whether those win rates are cutting into non-CAW handle. Unfortunately, this year’s data will be specious: The COVID-19 pandemic has thrown so many new variables into betting models that conclusions based on 2020 data will be suspect."[/i]



Subject Written By Posted
Pick 5 or Empire 6? (2049 Views) Mathcapper 08/31/2019 12:33AM
Re: Pick 5 or Empire 6? (970 Views) Molesap 08/31/2019 01:06AM
Re: Pick 5 or Empire 6? (964 Views) johnnym 08/31/2019 09:37AM
Re: Pick 5 or Empire 6? (896 Views) NoCarolinaTony 09/01/2019 12:47PM
Re: Pick 5 or Empire 6? (869 Views) Al Caught Up 09/02/2019 12:09PM
Re: Pick 5 or Empire 6? (860 Views) Fairmount1 09/02/2019 06:33PM
Re: Pick 5 or Empire 6? (879 Views) Al Caught Up 09/02/2019 08:16PM
Re: Pick 5 or Empire 6? (935 Views) Boscar Obarra 09/03/2019 04:47PM
Re: Pick 5 or Empire 6? (976 Views) mjellish 09/04/2019 03:05AM
Re: Pick 5 or Empire 6? (777 Views) Fairmount1 08/03/2020 10:08PM
Re: Pick 5 or Empire 6? (666 Views) Fairmount1 08/03/2020 10:14PM
Re: Pick 5 or Empire 6? (598 Views) Mathcapper 08/07/2020 02:26AM
Re: Pick 5 or Empire 6? (559 Views) FrankD. 08/07/2020 06:20AM
Re: Pick 5 or Empire 6? (595 Views) Mathcapper 08/07/2020 12:07PM
Re: Pick 5 or Empire 6? (589 Views) Fairmount1 08/09/2020 09:22PM
Re: Pick 5 or Empire 6? (457 Views) banditbeau 08/14/2020 11:19PM
Re: Pick 5 or Empire 6? (487 Views) Boscar Obarra 08/08/2020 01:06AM
Re: Pick 5 or Empire 6? (944 Views) philywheel 09/03/2019 11:45AM
Re: Pick 5 or Empire 6? (479 Views) Bet Twice 08/09/2020 12:16AM
Re: Pick 5 or Empire 6? (906 Views) JohnTChance 09/03/2019 01:54PM


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