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Old 12-26-2017, 10:56 PM   #65
Ian Meyers
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I've posted this many time before over the years but here goes again.

There is no money bet after the bell, other than the occasional issue of a track/pool not closing. I say occasional in that it happens less than 10 or 20 times a year that I've seen and that's with all the races being run in North America.

The phenomenon you see is related to the fact that guest site wagers (simulcast outlets, OTBs, ADWs, etc.) are NOT streamed continuously, they are batched and sent. How often that happens is dependent upon the host track, the host track's toe company, available bandwidth, etc. If you looked at the time stamp of wagers that hit a host pool at the off (and I have) you'd see bets that were made at the guest sites 60-90 seconds before that in many instances. This has gotten better over the years but the NYSE it ain't.

As far as the type of horses that get bet down the most, of course it's the logical contenders. The CAW models are very, very good at predicting the most like winners in each race and typically those are the kind of horses experiencing late odds drops. I don't know how many times someone has told me "I made that horse at MNR, DEL, TuP, etc 3/5 and he was 6/5 at post time so I bet him and he won and paid $3. If YOU can identify him as the most likely winner don't you think the sharps can too?

I'm not saying there's not a lot of problems with the game that needs fixing, but money being wagered after the gate opens isn't one of them.
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