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Originally Posted by Robert Fischer
Not to get too far off topic , but it's related and somewhat interesting.
Feel free to disagree and make your case Class.
Tough for you or I to find any accidental inefficiencies.
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There are certain situations where a place bet will take a good chunk out of the take. If you throw a rebate on top it will get you fairly close to break even with no handicapping at all (they used to be profitable with no handicapping at all, just a few rules).
Those profitable opportunities dried up when the industry switched to net pool pricing for place/show, generous rebates started becoming harder to come by, and computers started coming in with huge late bets to correct the place pool.
If the computer guys abandon place betting a bit, it might be worth the energy to at least look at the place pool again.
