Quote:
Originally Posted by thaskalos
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?
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Question...how do you think these operations are able to get their bets in "after the rest of us?"
Clearly, you don't think they're actually betting after the race goes off....do you?
If not, then they aren't actually getting it in AFTER the rest of us.
So what do you think they are doing? Putting the bet in when half the gate is loaded? Do they have timed algorithms for each track...so when a certain percentage of the gate is loaded, they put the bet in...
How do you think they do it?
These are genuine questions I have for those who keep telling me they are getting their bets in after the rest of us.
