Quote:
Originally Posted by SG4
This thread has not been my finest moment...checked out the first 5 races from Tampa today, each race the track win pool total was greater than the exchange, by about 20-25% when they left the gate, and once factoring in-play wagering the total of exchange vs. track was pretty similar. Definitely not the dwarfing amount I thought earlier.
Not sure why the matched figures jump around so much, agree that I don't think you could cancel a wager, although there is a cash out feature which maybe reduces total, even though it is technically matching more to other players.
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They jump around because some people play the moves. Say early in betting you can back at 3.00 for $10 and during betting can lay at 2.00 for $10 they have made $10. A great exercise for people who like to dutch and/or know there will be late money on a favorite that has not showed up on the exchange yet.
