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Old 12-27-2017, 01:07 PM   #76
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I think that Ian is spot on regarding the whole past post issue. I am convinced that there are very few instances where betting has taken place after the gates have opened. It does happen, but it is very unusual due to some malfunction, and not some common conspiracy.

I have believed for a long time that betting should be halted at a specific time. There could be a countdown clock that clearly told everyone when betting stops. This would help, but not cure the problem of large odd changes. At least bettors would know what the odds were prior to the start. I know how frustrating it is to see what you thought was a 5/2 bet come down to 3/5. That would still happen, but at least it would be before the race has started, which would at least make it appear more legitimate.

As far as whale betting goes, I think that the real percentage is somewhere between 25 and 30%. That percentage varies by track too.
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