Re: "Overlay at 1-9" (670 Views)
Posted by:
asfufh (IP Logged)
Date: June 20, 2006 12:37PM
BBB wrote ""And as far as rebates "taxing" me, a smaller player, all it does is redirect me from the pick 6 to the pick 4. I can 'cap with them but they out capital me. I say let them play, if its good for the tracks, its good for the game! BBB""'
There is no problem with rebates per se. Casinos give comps to their loyal and bigger players all the time and good luck to them. In fact, the tracks ought to be giving the rebates directly to the players not the off track sites.
In horse racing, the problem is when rebates are combined with unfair advantages like electronic access to tote pools that enable players using CRW to squeeze out a overall profit percentage (that can add up the substantial amounts over time) by using the real time info in the track's pools to compute their wagers and then fire off almost instantaneous bets directly into the track's pool just before the pool closes (i.e. know the "final" odds just before they bet).
As I mentioned in an other post, if you play Texas Hold'em, CRW is akin to having the "button" (being the dealer) for *every* hand instead of the normal rotation of the "button" to each player. The dealer has a recognized substantial advantage (i.e. late position) because he is the last to bet in every betting round in a given hand (i.e. he knows what all other players have done when it is his/her turn to bet). The same advantage exists in CRW and the track's should do something to fix it.
Asfufh
Asfufh