Re: Place Betting (883 Views)
Posted by:
Mathcapper (IP Logged)
Date: February 08, 2016 09:02PM
Boscar Obarra Wrote:
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> Many who bet to place claim they do so ONLY on
> longshots.
>
> That leaves next to no one betting chalk to
> place, and yet, lots of money is right there in
> the pools.
>
> I mean if a horse is 6/5 , who is making a
> substantial place bet? A secret subset of the
> betting public?
My guess is it's the computer guys and/or Dr. Z-type arb guys, along with the invisible hand of market efficiency.