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Old 12-23-2017, 12:39 PM   #16
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Originally Posted by onefast99 View Post
The "exchange" system is a separate system from the pari-mutuel system. The "exchange" system is based on layers and backers, the layer is the one who believes the event will not happen(bet against) while the backer believes the event will happen(bet for). I have played the exchange about 8 times now each and every time it becomes easier. You are betting as the race is in progress
The odds are about 20% better for the "exchange" many of the times than the pari-mutuels. "Exchange" has a takeout of only 12% as well.
Thanks, yes...the exchange is a different system...I was just wondering how the timing of betting on horses running down the stretch works in real time...

Now if I was at the track, what, do I make the wager when I see my horse 3 lengths ahead and drawing away...? Sounds pretty good to me, but by then have all the layers jumped ship and are now on board with my horse also so we all get 2/5 odds..

But mainly I was interested in what hardware and connections people use to get in these last second bets...some of the tv feeds that I see have 1 minute or more delays in broadcast time so by the time you see the horses in the stretch the race is already over in reality, so how can they still allow betting to occur...
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