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Forum: General Racing Discussion 03-18-2018, 03:29 PM
Replies: 738
Views: 95,753
Posted By dilanesp
The fact that late money is smart money is a big...

The fact that late money is smart money is a big reason to do something about large wagers near post time. They are obviously creating an information asymmetry by betting at the last second.

The...
Forum: General Racing Discussion 03-15-2018, 02:27 PM
Replies: 738
Views: 95,753
Posted By dilanesp
One thing to remember is what we consider fair is...

One thing to remember is what we consider fair is entirely a regulatory issue. If insider trading were not illegal, there would be nothing unfair about getting information from your brother who sits...
Forum: General Racing Discussion 03-14-2018, 09:37 PM
Replies: 738
Views: 95,753
Posted By dilanesp
By the way, I love that Wrona does this.

By the way, I love that Wrona does this.
Forum: General Racing Discussion 03-10-2018, 01:59 PM
Replies: 738
Views: 95,753
Posted By dilanesp
Here is the reality. From a fairness...

Here is the reality.

From a fairness perspective, nobody betting on a computer should be placing bets right before the gates open. That is an invitation to pool manipulation.

But from a handle...
Forum: General Racing Discussion 12-31-2017, 06:08 PM
Replies: 738
Views: 95,753
Posted By dilanesp
thespaah: To understand why rebates are the...

thespaah:

To understand why rebates are the way they are, take a look at airlines. Airlines do a great job of selling the same flight to a leisure traveler for $150 and a business traveler for...
Forum: General Racing Discussion 12-29-2017, 04:40 PM
Replies: 738
Views: 95,753
Posted By dilanesp
You just need different cut offs for different...

You just need different cut offs for different sources. Technologically, it is easy. The problem is that that it would probably cost some handle and tracks wouldn't want to give that up.
Forum: General Racing Discussion 12-28-2017, 02:18 PM
Replies: 738
Views: 95,753
Posted By dilanesp
One thing you could do is stop it at a random...

One thing you could do is stop it at a random time between 0 and 2 minutes before post. Then the whales could never time it.
Forum: General Racing Discussion 12-27-2017, 11:56 PM
Replies: 738
Views: 95,753
Posted By dilanesp
I think we established in an earlier thread that...

I think we established in an earlier thread that the whales do not get any exotic pool information other than what is available to everyone.
Forum: General Racing Discussion 12-27-2017, 08:07 PM
Replies: 738
Views: 95,753
Posted By dilanesp
Not sll the late money is whales. Some of it is...

Not sll the late money is whales. Some of it is satellite betting sites with slow uplink, and even a bit of money bet at the last second on track.
Forum: General Racing Discussion 12-27-2017, 11:50 AM
Replies: 738
Views: 95,753
Posted By dilanesp
That doesn't surprise me. There are plenty of...

That doesn't surprise me. There are plenty of "regular horseplayers" who bet a decent amount but are not whales. Some post on this board.

If it was all whales, online bet shops like tvg and...
Forum: General Racing Discussion 12-25-2017, 10:36 AM
Replies: 738
Views: 95,753
Posted By dilanesp
I am not certain this is true writ large, but I...

I am not certain this is true writ large, but I certainly have seen instances where the double and exacta probables looked closer to what the final odds would be.
Forum: General Racing Discussion 12-25-2017, 10:34 AM
Replies: 738
Views: 95,753
Posted By dilanesp
One idea I have toyed with is shutting off remote...

One idea I have toyed with is shutting off remote betting 1 minute before post but allowing onsite betting, with perhaps a dollar limit, until the gates open.

That would reward people who attend...
Forum: General Racing Discussion 12-24-2017, 12:39 AM
Replies: 738
Views: 95,753
Posted By dilanesp
Actually, when I started playing the horses,...

Actually, when I started playing the horses, NYRA's post times were to the minute accurate. (Marshall Cassidy used to say "it is NOW post time!" during the middle of the load usually.) And NYRA had...
Forum: General Racing Discussion 12-23-2017, 02:15 PM
Replies: 738
Views: 95,753
Posted By dilanesp
People hate being shut out. I was shut out at...

People hate being shut out. I was shut out at Aqueduct yesterday when my voucher was stuck in a machine and it took the guy 5 minutes to get to the machine and fix it. (It saved me money. :) )
Forum: General Racing Discussion 12-23-2017, 09:21 AM
Replies: 738
Views: 95,753
Posted By dilanesp
+1

+1
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