Quote:
Originally Posted by EasyGoer89
I don't think Paul suggested this is done 'off the backs' of the regular players. Why would you think this has anything to do w regular players? If 100k is bet in a win pool at Track A and the published take is 15 pct, 85000 goes back to the players. If you bet that race, part of the 85 goes to you if you win. I'm not sure why 'regular players' would think something is 'coming off their back'. What are you suggesting?
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Arbitraging all the entries and all the pools in nano-seconds with computers and executing vast numbers of individual wager combinations in seconds is well beyond the capability of regular players...it is NOT an edge...it is a form of "gaming the System" that is for some reason permitted and condoned by the track themselves...like the poster says above "everybody gets their cut" so it is allowed to continue..but where do the $'s of these skims and cuts come from, ultimately...? The Public and regular bettors...
