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Originally Posted by ribjig
> all the "wiseguys" and people who think they're pretty sharp made the 2nd choice have over 10k to show, so that 'watered down' the show prices to a level where there's no way this "system" could have ever worked on this race
TVG talking heads reported $124K show pool, $122K of that on 4/5 entry.
That's ~98.3%, more than enough to create negative show pool
& allow a proper proportional show bet formula to guarantee small profit
by betting all entries, regardless of outcome.
(except possibly if only two entries finish race)
Was TVG wrong? Anyone have screenshot of final toteboard?
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Wrong 129722 of 156673 = 82.8% a negative pool yes but not enough to guarantee any profit regardless of how the proportions were spread, especially with 2nd choice holding 12%, the payoffs are already posted and you cant show a way to profit so how do you think you'd fare just guessing before final pools? The amount bet on the favorite to show has to be almost enough to cover all the takeout minus the minimum payout before you can even approach a guaranteed profit
