Quote:
Originally Posted by PaceAdvantage
How is an API any different than taking what one can do manually and automating it?
It's not...
Like I said, I was doing this at least 10 years ago...on a rudimentary level, but the principle was still the same.
Nobody gave me anything. The ADW didn't give me anything. I wrote it myself.
The only thing an API does is make it easier to accomplish...and may also provide a faster way of getting information over than writing one yourself...
It's not magic secret sauce to riches. Nor does it provide an unfair advantage.
The advantage they have is in their value algorithms and their wagering algorithms.
Being able to get the bets in fast and close to the start of the race is something anyone, with a little effort, can do...
If I gave you the ability to get in a ton of bets at the last minute, would that suddenly turn you into this rebate whale? No. You need a lot more than that.
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The "last minute" is an ETERNITY in today's computer age. These guys are placing their bets at the LAST SECOND. Yes...their real handicapping edge is the algorithms that they use...but in order to make proper use of these algorithms they must place their wagers AFTER the rest of us have placed theirs. If the whales placed their bets BEFORE the other players, then they would be at a disadvantage...so they decided to invest millions of dollars in payroll and software so they could make sure that this "disadvantage" is handed back to the rest of us.
Yes...technically you are right, of course. This "disadvantage" that the Whales have placed us in can't really be called "unfair"...because any of us with $10 million or so to spend on payroll and software can probably set up the same kind of "Whaling operation". But it's so much easier to just give up the game and move on to something else...which is what many of our brethren have chosen to do. And, WHO can blame them?
