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Efficient odds at retail takeout makes the game next to impossible to beat in the long-run. CRWs are NOT good for the retail bettor, and it's not even debatable. They ARE good for the tracks however, who could care less whether you get value on your wager or not.
The real issue is that the computer groups are getting access to the tote system and are basically setting the odds to whatever they want to at the last second-So the true odds only become apparent AFTER the gates close.
I my opinion, Betfair and fixed odds betting would at least neutralize the playing field a little bit, so that the odds you are looking at in real time are at least TRUE odds.
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