Re: Batch Wagering (645 Views)
Posted by:
asfufh (IP Logged)
Date: June 21, 2006 12:56PM
Boscar Obarra Wrote:
-------------------------------------------------------
> Truth be told, NYRA, Youbet , and the others
> should already be offering batch wagering to
> EVERYONE.>
> The online interfaces are primitive and slow at
> best, and as usual , decades behind other
> markets.>
> No reason I shouldn't be able to send a 10 or 100
> bets in at once from a personal computer,
> calculated from an Excel spreadsheet.>
> Done all the time with stocks. Is racing so
> narrow minded ?
Boscar, Yes, all the tracks,Youbet, etc. should be offering batch betting to EVERYONE (and immediate electronic access to the info in the tote pools)....that should do away with the unfair advantage now enjoyed by a chosen few.
Can't you see it now, every bettor waiting until the last possible milli-second to click their "process wager" button on the 8th race at Belmont. The win and exotic pools would go from a couple of 100 bucks with a minute to go to post to 3 or 4 million just as the race goes off. The final odds would still be changing after the race is over. All hell would break loose as a 15-1 shot at one minute to go wins the race and pays $4.20.
The stock market and a pari-mutual pool are two different animals....what works in the stock market doesn't necessarily work in a pari-mutual setting.
They should ban batch/stream betting and electronic access to tote pools as has been done in several other countries or get rid of pari-mutual betting altogether.
Asfufh
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