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Re: DMR 7th Daily Double (472 Views)
Posted by: Mathcapper (IP Logged)
Date: July 28, 2014 12:51AM

Rick B. wrote:
-------------------

> Whether the above is a plausible explanation for what happened
with the prices, trying to judge what happened from the raw
numbers alone is an exercise in futility, IMO: so, you are
right and the payoffs are "wrong" -- what is your next move?


It's not an exercise in futility at all - if you see that the pools aren't in line with one another, you can get better value on your wager by betting the pool where the horse's odds are higher than what you think fair value is.

I didn't happen to download the matrix of DD Will Pays for the 7th race, but if I did I could tell you the exact odds that Mark of the Gem was in the DD pools to every single horse in the the 7th race. Same with Irish Surf to every horse in the 6th race. It's a closed-form solution.

It's possible that the winning combo was the only one that was an anomaly with respect to the win pools. It's also possible (but I doubt it) that Mark of a Gem was closer to 6-1 in the DD pools to each horse in the 7th race, or that Irish Surf was a much lower price in the DD pools to each horse in the 6th race than he was on the win pool.

Can't say for sure without seeing the DD Will Pays matrix. All I can say is that anomalies like the one seen with the winning combo are the exception, not the rule. The pools are generally in line with one another for the reasons I stated in my last post.

Morning lines and scratches are irrelevant. What determines a horse's odds in the DD pools is the same thing that determines his odds in the win pool - his probability of winning the race. How many tickets a horse will be on is simply a reflection of that probability.

Btw, this holds true even when you look all the way out to a pick 6 payoff. Overall, even pick 6 payoffs are in line with what you'd expect based on the win probabilities (odds) of each horse: ([url=https://www.thorograph.com/phorum/read.php?1,84344,84407#msg-84407]Pick 6 Payoff Stats[/url]).

Rocky



Subject Written By Posted
DMR 7th Daily Double (909 Views) banditbeau 07/26/2014 10:56AM
Re: DMR 7th Daily Double (598 Views) Boscar Obarra 07/26/2014 12:46PM
Re: DMR 7th Daily Double (604 Views) Rick B. 07/26/2014 03:47PM
Re: DMR 7th Daily Double (530 Views) Boscar Obarra 07/26/2014 05:32PM
Re: DMR 7th Daily Double (580 Views) Rick B. 07/26/2014 08:12PM
Re: DMR 7th Daily Double (514 Views) Mathcapper 07/27/2014 12:22PM
Re: DMR 7th Daily Double (493 Views) Rick B. 07/27/2014 02:22PM
Re: DMR 7th Daily Double (472 Views) Mathcapper 07/28/2014 12:51AM
Re: DMR 7th Daily Double (455 Views) Boscar Obarra 07/28/2014 11:14AM
Re: DMR 7th Daily Double (430 Views) Paolo 07/28/2014 11:49AM
Re: DMR 7th Daily Double (431 Views) Rick B. 07/28/2014 01:41PM
Re: DMR 7th Daily Double (426 Views) jerry 07/28/2014 04:30PM
Re: DMR 7th Daily Double (355 Views) Rick B. 07/28/2014 08:25PM
Re: DMR 7th Daily Double (409 Views) moosepalm 07/28/2014 10:19PM
Re: DMR 7th Daily Double (439 Views) Boscar Obarra 07/28/2014 04:36PM
Re: DMR 7th Daily Double (770 Views) Rick B. 07/28/2014 08:13PM
Re: DMR 7th Daily Double (409 Views) Boscar Obarra 07/28/2014 11:48PM
Re: DMR 7th Daily Double (427 Views) Mathcapper 07/29/2014 02:02AM
Re: DMR 7th Daily Double (442 Views) Rick B. 07/29/2014 02:08AM
Re: DMR 7th Daily Double (545 Views) P-Dub 07/26/2014 06:09PM
Re: DMR 7th Daily Double (514 Views) Rick B. 07/26/2014 08:22PM
Re: DMR 7th Daily Double (544 Views) moosepalm 07/26/2014 09:31PM
Re: DMR 7th Daily Double (445 Views) jerry 07/27/2014 03:04AM
Re: DMR 7th Daily Double (543 Views) Mathcapper 07/26/2014 06:41PM
Re: DMR 7th Daily Double (504 Views) Tavasco 07/26/2014 07:01PM
Re: DMR 7th Daily Double (509 Views) Boscar Obarra 07/26/2014 07:59PM
Re: DMR 7th Daily Double (424 Views) gteasy 07/28/2014 02:41PM
Re: DMR 7th Daily Double (407 Views) Boscar Obarra 07/28/2014 04:35PM


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