Quote:
Originally Posted by cj
They are not cut off. I think this clearly shows that the edge they have is not just rebates and informational. It is the fact they can bet LAST, which since they know the bet sizes means they are basically betting fixed odds. I'd even argue this is their biggest edge, and the fact they choose not to play tells me I'm likely correct.
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What I'm suggesting (and could easily be misunderstanding) is that since they were the ones creating all the late odds changes to begin with, there's not necessarily a huge difference to them if they bet at 2 minutes to post or in the last seconds. If they throw a ton of money in at 2 minutes, there probably won't be any large odd changes they have to worry about after they are done. Maybe at the margin they would lose a tick here or there, but nothing huge enough to totally abandon the pool. Maybe they'd have to make a small adjustment. Granted, I'm talking intuitively and never actually tested anything, but if I was in there position I think I'd still be betting WIN at 2 minutes, just with some tighter rules.