This nonsense must end

[TOOZ]

How can a horse be 7-1 at the top of the stretch and 4-1 when
he crosses the line? (La. Downs). Either don't show the odds
during the race, or close the windows 30 seconds early so the
odds shown during the race are correct. I can't believe this BS just keeps going on. I thought this was the computer age. Nothing like thinking you picked a 7-1, start calculating your winnings, and then see 4-1. Enough is enough. I guess La. Downs keeps the windows open until midstretch.

[GameTheory]

This has been discussed ad nauseum. But until they institute real-time odds reporting, that's the way it will be. It wouldn't help to close the windows early -- the odds would still drop after you made your bet, just 30 seconds sooner. Wouldn't help you any...

[BillW]

If they are keeping their windows open till mid stretch, why not just wait till the turn to place your bet?

Bill

[timtam]

Is this the end of the toteboard methods???

Kenny Lempenau must be in a depression...

[TOOZ]

I would still lose.

[bettheoverlay]

I had a 4/1 in the gate win, and pay $15.80 last week, as the favorite got pounded in the on the track betting. Offsets some of the others.

[Observer]

Originally posted by TOOZ
... close the windows 30 seconds early so the
odds shown during the race are correct. ...

When they're galloping around the track during the race, there's nothing you can do about the odds anyway (in terms of wagering) .. so does it really matter???
;) ;) ;)

[Buckeye]

I think it does matter because no business can afford to have too many unhappy customers.

[TOOZ]

You're right, the odds don't matter so don't show them. More times than not they are not acurate. I wouldn't be irked if I saw
7-1 on the tote board right before the race and the horse won at
4-1. But when you show the odds at 7-1 at the top of the stretch
and you win at 4-1, that's just being sloppy, and will make people suspicious. Maybe I should buy a T-shirt and a hat in the La. Downs gift shop. It would be 35 bucks on the shelf and 25 by the
time I checked out.

[sq764]

It's never going to stop.. CDSN toyed with it and it was a failure since they lost a lot of potential handle... I am sure it did not offset the handle lost by people angry over the odds shifting so late.

One of those ugly things that we just have to deal with.. Right next to drugs and corrupt jocks..

[Turf2Dirt]

I bet a horse at River Downs today, 7-5 in the gate, 1-2 before the opening half-mile, it does matter because I would not have bet at anything less than even money, and it does cause dissent in the wagering public, horse racing deserves all the decreasing handle and bad PR it suffers until it fixes the problem.

[kenwoodallpromos]

Ed Bain's website, his article on DRF Expo, he talks about a guy from United Tote telling him how offshore lets rich guys plug directly into the toteboard pool and change bets 2f into the race.

[Buckeye]

Say it ain't so Joe!

No more bets should be TAKEN (or changed) from the moment the race begins. Not even from "the rich guys"
:rolleyes:

[kenwoodallpromos]

If you own a betting service with pool sharing I guess you can tie directly into the pool by computer-late. I guess it takes 20 seconds for all the various outlets' bets to be inputed, giving those handpicked by the betting services the ability tp bet late; that is why some tracks can allow cancel/delete after the race starts. Cancel/delete is the poor man's way to cancel a bet after the early leader is determined.
Actually, I am not surprised; working with Ca State petitions, I understand how rules and laws are routinely set up to favor the privledged.

[Buckeye]

Time Stamp all bets with NO cancellations permitted.

Audit and punish any and all betting "services" :rolleyes: for non-compliance. Revoke their privileges if they do not fully cooperate.

[Tom]

I think there should be no changes or cancellations allowed at any time-once you place your bet, it should be cast in stone. And all betting should stop and all pools be mongled before the gate is allowed to open.

[Buckeye]

Tom,

Yes you are correct. The GATE should only be allowed to open AFTER all bets are down.

Spell that D-O-W-N !

Stop this nonsense and stop it now.

[Zaf]

Originally posted by bettheoverlay
I had a 4/1 in the gate win, and pay $15.80 last week, as the favorite got pounded in the on the track betting. Offsets some of the others.

Did your horse go to the front and have a comfortable lead or did he come from behind ?

ZAFONIC

[KingChas]

If the odds don't matter, perhaps I should just bet red or black on the roulette wheel and give up handicapping.We are getting skrewed big time!

[Buckeye]

At least in roulette, they say "no more bets" BEFORE the ball drops.

Horseracing could learn from this.

[KingChas]

Buckeye,Tom,Tooz---- What can they do to draw new customers to horse racing?Well lets see gate opens your horse 4-1 ,race finishes your horse 1-1(I'll be back-yea right).This is because racetracks and OTB's are run by CEA's(College Educated Assholes)that know nothing about horseracing(stewards included)only bottom line $$$$$$.They read books(know nothing ,complete idiots) .We should form a co-op buy a track and stop this shit!Enough is Enough!1 million horseplayers at $10 each.Let's take over from these state run -monopoly-family /political hire, run the business morons.College Educated Assholes

[TOOZ]

Originally posted by bettheoverlay
I had a 4/1 in the gate win, and pay $15.80 last week, as the favorite got pounded in the on the track betting. Offsets some of the others.

He sat third and then blew by the tired two in front in the stretch.
The funny thing, the odds were shown with his red number 1 as
7-1, even in the middle of the stretch! It was a mile 70 race! The
telephone lines can't be that slow. To me it was just incompetence not to give accurate information during the running of the race. If the info is that inacurate, just show me the horse's number/color during the race. Surprise or irk me later.

[Hammerhead]

If I remember correctly it takes approximatly 30 or so seconds after the closing bell for all info from simulcasting to be retrieved from all outlets, calculated and put into the tote system. Hence the late odds change. Unless this process is immediate there are bound to be changes in odds as the race is run especially short sprints. This has been going on for all the years in simulcasting.
I posted something similar to this a couple years ago.

[JustRalph]

Originally posted by TOOZ
If the info is that inacurate, just show me the horse's number/color during the race. Surprise or irk me later.

they are already doing that aren't they?

irk
Main Entry: 1irk
Pronunciation: '&rk
Function: transitive verb
Etymology: Middle English
: to make weary, irritated, or bored
synonym see ANNOY

[kenwoodallpromos]

The rich and smart would own the offshore betting; take others' bets and their own; pay tracks 5% to co-mingle; pay yourself and losers 7% rebate; plug directly into pools for your betting only; find a track speed prediction method to determine potential fading; bet early speed on faster tracks after seeing who breaks fast; cancel win bets including 1st leg of pick 5, 4, 6 for slow breakers and stumblers; go live to tracks that have long cancel/delays to cancel those parts of parlays, boxes, or win bets that get off to a lousy start; then use the profits to buy a track with slots, or invest in an indian casino.