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Late "Accurate" Betting
I'm sure this has been discussed on another thread so I apologize if it's already out there. I'm wondering what this group thinks about what is happening in the betting pools now. I've been following this game since the mid '80's and I don't remember such large odds swings at the last minute and, more importantly, on such a high percentage of winners (or those that narrowly miss).
When I've read or heard others discuss this, it's often stated that it is "Computer Batch Bettors" that are betting all of their bets at the last minute using some algorithm. I'm sure this is true but what is not being discussed is how the massive odds swings so often accurate.
This phenomenon is the one thing that could push me out of the game. I've tolerated a myriad of irritants to remain a loyal follower but not sure I can withstand this. I enjoy the handicapping process but am starting to feel like the action on the board trumps handicapping.
I know NYRA stopped the last second win pool batch betting (I believe at 2MN to post) but that feels more like a perception correction. In other words, won't the batch bettors just focus on the blind pools more?
Finally, I also read recently that Stronach and Churchill Downs have two of the big CAW teams. Unless I'm missing something, isn't that a serious conflict of interest? Couldn't it be extrapolated that those with the information on blind pools could gather knowledge about inefficiencies and bet accordingly? Something similar to what the DFS issue was with insider knowledge of what combinations of players were taken.
Sorry for the long post. I really would like any opinions on this.
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