Re: Batch Wagering (775 Views)
Posted by:
flushedstraight (IP Logged)
Date: June 23, 2006 12:47PM
Considering today's performance level of information and communication technology, there is no valid reason why odds should change after a race starts. If Colonial Downs can offer 1,000,000 USD for one race then most tracks can afford the systems upgrades if need be... there is obviously a lot at stake here. At the very least they should close the pools early to allow final calculations in time. (wasn't this happening for a while?)... what's the downside of setting a fixed point in time for pool closing and display a countdown clock to the second? Less handle? how about compared to no handle?
As long as odds are still changing after the gate opens I will be suspicious of criminal activity because that would be the only logical reason why it is still happening.
Maybe everyone here can post incidents of this that they witness and with enough of a sample we can draw some conclusions of where this is occuring. This might be the only way... studying charts is useless. There is no reason why a track (or circuit of tracks) won't step forward one day and guarantee no late odds changes to the betting public. I imagine if they did this combined with effective publicity it would increase handle and create market pressures.
I've seen incidents at NYRA... Miff & I can't be the only ones. I wonder about Kentucky and the Cal circuits.
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