Quote:
Originally Posted by horses4courses
I don't subscribe to the conspiracy of past posting.
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I don't either.
Quote:
Originally Posted by PaceAdvantage
there are groups of well financed individuals employing methods that do DUMP a tremendous amount of money into the pools at the last second. And they are good ENOUGH at picking winners
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Yes those businesses / syndicates can put $100 million- $2 billion (maybe more?) a year in wagers, and they pretty much have unlimited research/employees/tech tools to pretty much know even what the final odds will be.
You are right, they are "good enough" at picking winners due to the resources they have.
From my understanding, these are quite different from "whales". Whales are just people who place very large wagers and hope to recover their loses thru rebates. The "groups of well financed individuals" you speak of are the syndicate/companies who pretty much have incredible resources and are better at picking winners than whales.
I just don't see how any of that affects my game. I'm not wagering that kind of money,
and if I can't find value in a race, I just pass the race. Oftentimes, that means whole cards.
I tracked the "ways I lose". It's not only about preparation, but when I'm at live racing, for instance, the urge to bet every race is a sure money loser.
Self control CAN be one of the most profitable behaviors/strategies.