Quote:
Originally Posted by usedtolovetvg
I am getting so tired of the odds changing well after the horses leave the gate.
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It's mostly related to computer assisted wagering that occurs very late. We know that because the tendency is for that very late win money to bring the win pool in line with the other exotic pools and not out of line.
To its credit, NYRA has done some things to reduce that kind of late action.
Still, the bigger issue is that it demonstrates that the computer players are massively better than the average of all other horseplayers otherwise the pools would be accurate before their late money came in. That's what the rest of us are up against now. We used to be competing with the bettors at OTB betting names, numbers, jockeys, trainers, and public handicapper picks. Now we are competing with math wizzes and database handicappers. So the chances of finding a real overlay in any given race are much reduced. The tougher the game, the tougher to attract new money.
Also, call me overly cynical, but I'm not convinced that explains it all. It's too big a project for me. I don't have time or data to study it. But the very best hackers can bust through the security of major corporations and even governments with huge resources dedicated to protecting their data and communications. Racing is a technically backwards industry. It just can't be that hard. No one within racing seems to want to study the issue properly. Maybe that's because of the damage that would be done if it was determined that it was likely someone has the ability to past post and does it just infrequently enough to not make it obvious, unlike the bozos that got caught in the past.
