Quote:
Originally Posted by Robert Fischer
It's worth asking questions, and trying to understand how the pools work.
I don't have a great understanding of exactly how CAW, syndicates, whales wager, spread, hedge into various pools.
The exacta pools usually become attractive to me when I can safely toss a chalk from the first two or three positions. Apparent underlays in a parimutuel known take exacta pool have to take money expected to go to go on other horses. If CAWs are deflating payouts of prices with this strategy there should be things like an apparent contender who appears on face value to be an exacta overlay but underperforms.
If not, they are perhaps relying more on rebates and hedging.
|
As a primarily exacta player, this is sort of bad news for me. But if we can assess rough exacta payouts based on the win odds of a horse, you can do the opposite and look at exacta will pays and extract a range of odds for each horse in the combination. That range can be compared against the win pool odds to identify the horses that the CAWs may be hammering in the exacta pool and not in the win pool. Which is basically what TLG said much more concisely earlier in this thread!
