Quote:
Originally Posted by dilanesp
The problem with this analysis is that it assumes that all bettors care equally about takeout.
What is the most profitable strategy if some bettors care a lot about takeout and some don't?
Answer that question and it leads inexorably to rebate shops.
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It really doesn't matter that much if bettors think they care. If they are going through the money too fast, churn stops and handle shrinks. That is exactly what is happening now. The big whales are extracting a lot of money from the pools. I've always said too many winners aren't good for tracks because they take money out of circulation. But tracks have gone and created winners that are doing that very thing, taking a lot of money out of circulation.
