Quote:
Originally Posted by BarchCapper
On Manitoba Derby night, Assiniboia Downs had their Jackpot pick 5 forceout. Pat Cummings related how as the first leg got ready to run, that from the time when the first horse loaded into the gate until the off, 10 CRW groups pushed the “go” button on their wagers, adding around $840,000 - EIGHT HUNDRED AND FORTY THOUSAND DOLLARS - to the pool, making up 70% of it. It makes for very bad optics when similarly hefty last second win wagers make their way into the pool and don’t get reflected on screen for a few flashes, but there is nothing necessarily nefarious about it. It’s all about how their algorithms adjust for the inefficiencies between pools, and their ability to upload a variety of massive wagers right before the “bell”. I’m all for ways of figuring out how to fix the optics.
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That's hard to believe. I thought the whole point of CRW groups was to find inefficiencies in wagering pools. When they are 70% of any pool how is that efficient? Wouldn't their systems stop betting at some point?
Back to the original post....the easiest way for tracks to address situations like this with the late odds drop are to be transparent with the last minute or so of wagers. Open the books, let the betting public see the amounts and time stamps of the wagers.