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Don't Focus on Past-Posting (497 Views)
Posted by: BitPlayer (IP Logged)
Date: March 11, 2004 11:13PM

I'm with Mall on this issue. Focusing on past-posting is a mistake.

First, if it is happening, it would have to be happening sporadically. The pattern of one outlet winning consistently on 1 x All x All (x All) Pick-3's (and Pick-4's) would be too easy to spot.

Second, by focusing on that issue, you give the industry an easy response: it's not happening. How can you prove otherwise?

I think the better approach is to focus on the inequity of giving an unfair advantage to a few large players who are a disuptive influence on the odds.

I always thought that NYRA's system of letting only on-track wagers be made after the first horse loads (or was it after post time?) made sense. It gave on-track customers the last look at the odds. Giving them this edge would help offset the many disadvantages of betting at the track (don't get me started) and would encourage people to bet on-track. My guess is that NYRA dropped the policy because it was costing them handle from large bettors (although I haven't read that anywhere).

Another proposal that one often reads (from the NTRA players panel for example) is to address late and after-the-start odds drops by shortening the update cycle. That's just silly. From what I've learned today about batch betting, the rebate shops are going to make their computer-driven bets in the last cycle no matter how short it is. Shortening the cycle (and giving them more updated pool information) is only going to make their tactics more effective. After the race has started, I don't care whether I see the final odds in one minute or three. My money is already down.




Subject Written By Posted
Rebates - I've Got Questions (872 Views) BitPlayer 03/10/2004 11:33PM
Re: Rebates - I've Got Questions (511 Views) TGJB 03/11/2004 03:35PM
The Basics of Batch Wagering. (580 Views) Mall 03/11/2004 04:53PM
Re: The Basics of Batch Wagering. (563 Views) TGJB 03/11/2004 05:34PM
Re: The Basics of Batch Wagering. (623 Views) Mall 03/11/2004 09:47PM
Don't Focus on Past-Posting (497 Views) BitPlayer 03/11/2004 11:13PM
Re: Don't Focus on Past-Posting (517 Views) Boscar Obarra 03/12/2004 01:17AM
Re: Don't Focus on Past-Posting (621 Views) Boscar Obarra 03/16/2004 11:12PM
Tampa's Perspective (533 Views) BitPlayer 03/12/2004 08:51AM
Re: The Basics of Batch Wagering. (591 Views) TGJB 03/12/2004 02:01PM
Re: The Basics of Batch Wagering. (532 Views) Boscar Obarra 03/14/2004 10:06PM
Re: The Basics of Batch Wagering. (556 Views) BitPlayer 03/14/2004 11:07PM
Re: The Basics of Batch Wagering. (590 Views) Chuckles_the_Clown2 03/15/2004 03:01AM
Exacta Pool Inefficiencies (569 Views) BitPlayer 03/15/2004 09:03AM
Re: Exacta Pool Inefficiencies (596 Views) Chuckles_the_Clown2 03/15/2004 09:31AM
Re: The Basics of Batch Wagering. (583 Views) Mall 03/15/2004 11:16AM
Panel discussion on rebates (522 Views) Thehoarsehorseplayer 03/11/2004 04:02PM
Re: Panel discussion on rebates (489 Views) BitPlayer 03/11/2004 07:06PM
You got that right BitPlayer (579 Views) Thehoarsehorseplayer 03/11/2004 08:11PM
Re: You got that right BitPlayer (517 Views) gowand 03/11/2004 10:47PM


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