Quote:
Originally Posted by JerryBoyle
If I'm interpreting this correctly, the author is saying that sports betting will hurt racing because it's perceived as a game of skill and so one can obtain + edge? If so, that sounds like a good thing. I'd submit that if you're looking for a form of gambling where one can obtain positive edge AND put down large amounts of money, racing is the way to go.* If the above is what sports gamblers are looking for then horse racing should be in a golden age...
*Note I'm not saying that horse racing is easier to win at necessarily. I'm saying that for the most talented programmers/statisticians/etc, my guess is horse racing is the most profitable avenue. The author of the book "Gambling Wizards" says the same...
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I can't agree with you on this. Sports-betting allows much larger wagers than horse racing does...simply because the sports-betting wagers are FIXED, and do not adversely affect the bettor who makes them. Sports-betting also allows the bettor to hold down a regular job, and tend to his family obligations, while still seriously engaging in his gambling endeavor...while horse racing is run during the time of day that is considered very inconvenient for the vast majority of its prospective customers who happen to hold down regular jobs. And let's not even bother to address the "integrity factor" involved in these two competing gambling venues.
All in all...I believe that sports-betting offers advantages to the serious bettor that horse racing cannot even BEGIN to approach.
