While the process of constructing personalized oddslines is frequently discussed (and discussed..and discussed...) here on pace, nobody ever brings up the importance of a player's ability to predict actual closing odds.
How can value be identified unless a horse's true chances can be compared to its final price? And the odds can change so dramatically within a min or so to post-and even AFTER a race is underway- that smart wagers can be rendered stupid when it's too late for the player to cancel or adjust.
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