Re: Computer-Robotic Wagering (885 Views)
Posted by:
Mathcapper (IP Logged)
Date: November 22, 2015 02:57PM
I don't know if that picture-taking stuff went into effect recently, but I remember Mike Maloney giving a talk one of the annual gambling conferences a few years or so ago where he told a story of how he was standing at the window placing win bets on a simulcast race showing on the tv behind the teller all the way into deep stretch before he finally got shut out.
I guess the only way to truly ensure this kind of thing can't happen is to close the pools a couple minutes to post (maybe put a seconds countdown timer on the screen), so that by the time the gates open, all off-track and bot bets are reflected in the pools and the odds are set.
Doubt tracks would ever do this though, since they realize that 25%+ of the handle comes in those last couple of minutes. They want every last cent they can get and would probably be afraid they'd give up handle by closing the pools early.