Re: Computer-Robotic Wagering (908 Views)
Posted by:
Wild Again (IP Logged)
Date: November 21, 2015 12:41PM
Rocky
I'm not throwing stones. As far as the gambler is concerned, horse racing is not a zero sum game.
It is a negative sum game. The takeout is deducted from the pool.
The difference between a zero sum game where the computer robotic wagering systems have a slight edge thru ability to place bets late and a negative sum game where they receive a rebate and can always act last is a considerable difference.
While all my words may be assertions i.e. I have no proof. If it walks like a duck, and it talks like a duck, it ain't a mongoose.
Computer Assisted Batch Wagering is bad for me. A small time recreational player.
Thanks
John Perona