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Old 12-22-2017, 09:57 PM   #1
molson721
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Odds changes during races WHAT A JOKE

Racing continues to ignore YET ANOTHER OF MANY problems they have been ignoring for DECADES! Another race where I placed a substantial win bet on a horse that was 11-1 when loading, 7-1 after the break and turned for home at 4-1. I am done wagering ON ALL TRACKS FOR THE REST OF THE NIGHT! Problems like this and SO MANY OTHERS THAT ARE IGNORED BY RACE TRACKS ARE ANOTHER REASON WHY WE NEED 1 HEAD OF ALL RACING.
Now I know why I have wagered less and less over the last 3 years. Maybe I should go to a casino! From what I hear, they treat the customer better than horse racing does. Then again, when did racing ever give a s*** about the customer. I will never try to get anybody interested in this sport.

Hey you racing morons at the top??? Keep kissing the ass of the wealthy like you did at the Del Mar Breeders Cup and listening to morons like Bobby Flay who has led and supported the price increases for food, parking and entrance fees to the race tracks of New York. The blue collar bettor is your bread and butter yet YOU CONTINUE TO TREAT US LIKE GARBAGE. My new years resolution is to cut my betting in half yet again until I see positive changes but i won't hold my breath. I'm in my 30's and if racing doesn't listen to my demographic, racing will be gone by 2030 and to be honest, I won't give a s***!
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Old 12-22-2017, 10:12 PM   #2
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I don't disagree with anything you said and I don't know what track you bet but... is there a chance your "substantial" win bet affected the odds? I'm thinking back many years to a quarter horse race at Los Alamitos when I bet $200 to win on a horse at 8/1 and he dropped to 2/1 at the start.

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Old 12-22-2017, 10:25 PM   #3
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I believe itís been mentioned here multiple times that "blue collar" types are not the sports bread and butter
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Old 12-22-2017, 11:28 PM   #4
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Would it make a difference to you if the odds changed after you bet, regardless of whether it's during the running or in a 2 minute cutoff? So how does racing stop the odds from changing from the last minute betting?
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Old 12-23-2017, 01:00 AM   #5
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Originally Posted by Fager Fan View Post
Would it make a difference to you if the odds changed after you bet, regardless of whether it's during the running or in a 2 minute cutoff? So how does racing stop the odds from changing from the last minute betting?
Yes, there would still be odds changes. What there wouldn't be was any question that money is not coming in after the bell. You can't stop the odds changing after the pools close. You can stop the possibility of betting after the gate opens and the perception that it can happen.
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Old 12-23-2017, 01:30 AM   #6
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How is the betting exchange in New Jersey able to pull off in-race betting, even during the stretch run...?

How can the computer networks process the bets in so short a time when most video feeds have delays built into them.?
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Old 12-23-2017, 08:32 AM   #7
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Yes, there would still be odds changes. What there wouldn't be was any question that money is not coming in after the bell. You can't stop the odds changing after the pools close. You can stop the possibility of betting after the gate opens and the perception that it can happen.
Right, but it sounds like his complaint is that the odds dropped after he bet.

I understand the perception problem with odds dropping during the running, but I've never heard a call for betting to close 1 minute prior. Maybe I've missed it.
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Old 12-23-2017, 09:21 AM   #8
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Yes, there would still be odds changes. What there wouldn't be was any question that money is not coming in after the bell. You can't stop the odds changing after the pools close. You can stop the possibility of betting after the gate opens and the perception that it can happen.
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Old 12-23-2017, 09:33 AM   #9
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Steve Byk has addressed this many times - something the trak totally ignore.
Like their "timing" systems (), the tote systems are antiquated. X,Y and Z have to occur before the odds are updated.

The tracks have money to waste on 5 horse stakes races but not a dime to address the integrity of the game, which has very little imho. Customer is foreign word to the racing pea brains.
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Old 12-23-2017, 09:47 AM   #10
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He's complained about it many times? That's great, but what's the solution? The only one I know of is to stop wagering 1 minute or so before post. Is that what you all want, and if so, why don't you publicly call for that?
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Old 12-23-2017, 09:54 AM   #11
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Because racing doesn't give a crap what we want or think.
Those whores at GP would be running the race at midnight if they thought there was sawbuck left out there.

Byk was not complaining, he was explaining why it happens.
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Old 12-23-2017, 11:21 AM   #12
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Because racing doesn't give a crap what we want or think.
Those whores at GP would be running the race at midnight if they thought there was sawbuck left out there.

Byk was not complaining, he was explaining why it happens.
As if an explanation helps solve your problem? I'm asking you all what you think the answer is. Do you want to cut it off a minute prior to post? Or do you want to be able to bet right up to the gate opening? What is your answer to solve the problem ? I have a sneaking suspicion that you all will fuss about a cut off prior to post, leaving no solution that will satisfy you.

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Old 12-23-2017, 11:35 AM   #13
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I would like them fix the tote system and also stop betting 1 minute before post time. It will never happen - customers do not matter in horse racing.
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Old 12-23-2017, 12:04 PM   #14
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I would like them fix the tote system and also stop betting 1 minute before post time. It will never happen - customers do not matter in horse racing.
truer words have never been spoken


merry christmas
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Old 12-23-2017, 12:17 PM   #15
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How is the betting exchange in New Jersey able to pull off in-race betting, even during the stretch run...?

How can the computer networks process the bets in so short a time when most video feeds have delays built into them.?
The "exchange" system is a separate system from the pari-mutuel system. The "exchange" system is based on layers and backers, the layer is the one who believes the event will not happen(bet against) while the backer believes the event will happen(bet for). I have played the exchange about 8 times now each and every time it becomes easier. You are betting as the race is in progress
The odds are about 20% better for the "exchange" many of the times than the pari-mutuels. "Exchange" has a takeout of only 12% as well.
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