Quote:
Originally Posted by classhandicapper
This is a question.
Just to clarify, they are still allowed to participate in the WIN pool, just with a cutoff time? Correct?
If that's the case, I'm not sure why they would totally stop WIN betting, assuming they did. Whether they bet with 2 minutes left or 10 seconds left they are the ones moving the prices. They are competing against other. It's not likely the public is going to move the odds much after they make their bets at 2 minutes. There's doesn't seem to be so much incremental risk to them that they have to avoid the pool totally.
This change mostly helped guys like us. If they do bet, any large drops would hopefully occur with enough time left to adjust our own thinking a bit. But our adjustments are not going to cause a huge shift in odds.
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They are not cut off. I think this clearly shows that the edge they have is not just rebates and informational. It is the fact they can bet LAST, which since they know the bet sizes means they are basically betting fixed odds. I'd even argue this is their biggest edge, and the fact they choose not to play tells me I'm likely correct.