Re: Rebate Shops (474 Views)
Posted by:
asfufh (IP Logged)
Date: September 21, 2004 07:00PM
Something doesn't seem to add up to me in Bobby Geiger's explanation of the computer betting advantage. He says the computer players win back 97 % of the money they bet and then wind up making money by adding back their rebate (7%).
In order to do this BASED on track payoffs, doesn't that mean they are already winning at a clip that recoups 14% of the 17% win takeout.
If these computer programs are that good, I want me one.
Asfufh
Post Edited (09-21-04 19:32)