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Search: Posts Made By: thespaah
Forum: General Racing Discussion 12-31-2017, 06:29 PM
Replies: 738
Views: 97,023
Posted By thespaah
You forget one important aspect. Both businesses...

You forget one important aspect. Both businesses Airline and racing charge fees that guarantee some return.
Forum: General Racing Discussion 12-31-2017, 06:27 PM
Replies: 738
Views: 97,023
Posted By thespaah
Changing odds are in integral part of pair-mutuel...

Changing odds are in integral part of pair-mutuel wagering.
No matter when the betting is closed, the odds may change before or shortly after the race begins.
Forum: General Racing Discussion 12-31-2017, 05:32 PM
Replies: 738
Views: 97,023
Posted By thespaah
No way..That would be patently unjust. When do...

No way..That would be patently unjust.
When do we get to the point where we ultimately have to accept responsibility for our actions?
In what number of places do we draw the line in the sand until...
Forum: General Racing Discussion 12-31-2017, 05:02 PM
Replies: 738
Views: 97,023
Posted By thespaah
"If it was all whales, online bet shops like tvg...

"If it was all whales, online bet shops like tvg and xpressbet wouldn't be successful, because whales go to rebate shops."
That is precisely my point..
Now let us suppose for a moment that all of...
Forum: General Racing Discussion 12-27-2017, 10:55 AM
Replies: 738
Views: 97,023
Posted By thespaah
Whats the big secret? See, its this kind of...

Whats the big secret?
See, its this kind of opaqueness in this business that helps create the perception that there is always something to hide.
Now, this is not personal. Take it as you wish.
I...
Forum: General Racing Discussion 12-26-2017, 11:49 PM
Replies: 738
Views: 97,023
Posted By thespaah
Ok what's your guess.? Is it your contention...

Ok what's your guess.?
Is it your contention that the handle is driven by the $2.00 to $50 per race bettors?
Forum: General Racing Discussion 12-26-2017, 08:33 PM
Replies: 738
Views: 97,023
Posted By thespaah
I would be willing to go out on a limb and say...

I would be willing to go out on a limb and say that perhaps 3/4's of the handle is that of the whales.
Forum: General Racing Discussion 12-26-2017, 08:27 PM
Replies: 738
Views: 97,023
Posted By thespaah
My perception is A) the whales expect...

My perception is A) the whales expect preferential treatment.
B) If the perks stopped, the whales would find something else on which to bet their money.
If the whales pull their money from US...
Forum: General Racing Discussion 12-26-2017, 08:22 PM
Replies: 738
Views: 97,023
Posted By thespaah
Great idea. Costs A LOT of money for the computer...

Great idea. Costs A LOT of money for the computer systems. Also, tons of money would have to be spent creating a fiber optic cable backbone.
The financial exchanges can afford the technology.
My...
Forum: General Racing Discussion 12-26-2017, 08:17 PM
Replies: 738
Views: 97,023
Posted By thespaah
Long time ago, NYRA closed betting when the...

Long time ago, NYRA closed betting when the display indicating "Minutes to Post reached "0".
The horses may have not started loading yet. It didn't matter.
Also, in those days. There were signs...
Forum: General Racing Discussion 12-26-2017, 08:12 PM
Replies: 738
Views: 97,023
Posted By thespaah
The Exchange wagers are not placed using the...

The Exchange wagers are not placed using the track and satellite wagering servers.
For normal PM wagering there are several betting outlets. All go to a hub. The hub then sends the bets to the host...
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