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10-15-2022, 02:09 PM
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#46
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Registered User
Join Date: Oct 2001
Location: near Lone Star Park
Posts: 5,151
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Quote:
Originally Posted by Dave Schwartz
Question for everyone
What is YOUR definition of CAW?
- Anyone who uses a computer to HANDICAP?
- Anyone who uses a computer to FIRE BETS?
- Anyone who uses a computer to FIRE MANY BETS?
- SOMETHING ELSE?
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My understanding is that it is an entity that agrees to place substantial wagers in exchange for significant rebates.
That usually is manifest in teams of people who make extensive use of computers and fire their bets through a special access.
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Ranch West
Equine Performance Analyst, Quick Grid Software
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10-15-2022, 02:14 PM
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#47
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by Dave Schwartz
Question for everyone
What is YOUR definition of CAW?
- Anyone who uses a computer to HANDICAP?
- Anyone who uses a computer to FIRE BETS?
- Anyone who uses a computer to FIRE MANY BETS?
- SOMETHING ELSE?
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The last one is part of it, but there are two much bigger parts.
First, this is kind of a 1A to the above, is the ability to fire many bets at the last possible second. The second is being able to do so while getting a much better price because of rebates.
The CAWs are playing a very different game than us, and it is at our expense. There are some playing at effective takeouts of less than 5% in my very informed opinion, and they are also essentially playing fixed odds when they bet.
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10-15-2022, 03:09 PM
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#48
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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How about this: say 1 minute to post, the track stops posting all pool dollars. They still take the bets up until the gates open. 
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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10-15-2022, 03:19 PM
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#49
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Registered User
Join Date: Oct 2001
Location: near Lone Star Park
Posts: 5,151
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Quote:
Originally Posted by formula_2002
How about this: say 1 minute to post, the track stops posting all pool dollars. They still take the bets up until the gates open. |
In my opinion, that would be worse.
__________________
Ranch West
Equine Performance Analyst, Quick Grid Software
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10-15-2022, 03:25 PM
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#50
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by ranchwest
In my opinion, that would be worse.
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It would be better to not post them at all than this.
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10-15-2022, 03:45 PM
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#51
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by cj
It would be better to not post them at all than this.
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No, no, no. The main thing horse players live for is nformation. You have got to bring them to the table.
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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10-15-2022, 03:50 PM
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#52
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by formula_2002
No, no, no. The main thing horse players live for is nformation. You have got to bring them to the table.
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You don't bet, therefore you don't know what we are talking about. Please try to stay on topic.
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10-15-2022, 03:51 PM
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#53
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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Quote:
Originally Posted by Dave Schwartz
Question for everyone
What is YOUR definition of CAW?
- Anyone who uses a computer to HANDICAP?
- Anyone who uses a computer to FIRE BETS?
- Anyone who uses a computer to FIRE MANY BETS?
- SOMETHING ELSE?
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there are plenty of guys using computers to fire in wagers, but less than 10 people have direct terminal consul access to wagering pools. those are the guys that are doing the damage.
the last time i was offered a seat at the CAW table, they told me i had to buy a consul for $40,000 to get with the program and had to guarantee $25 million in wagers during the course of 1 year. i declined.
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10-15-2022, 04:22 PM
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#54
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DJ M.Walk
Join Date: Aug 2002
Location: Compton, CA!
Posts: 2,072
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Quote:
Originally Posted by cj
You don't bet, therefore you don't know what we are talking about. Please try to stay on topic.
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Thank you!
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10-15-2022, 04:52 PM
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#55
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by Speed Figure
Thank you!
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True I dont bet, but I probably put more time recording and analyzing tote board data, on a daily basis, than most if anyone here. I also have an extremely large database of toteboard data.
I earned my wings a long time ago.. ugh!!! .
And if I can go from CAA To CAW, then 24/7. 365 days a year.
Not for the money, but for the winning
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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10-15-2022, 06:01 PM
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#56
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crusty old guy
Join Date: Aug 2003
Location: Snarkytown USA
Posts: 3,914
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Quote:
Originally Posted by formula_2002
True I dont bet...I earned my wings a long time ago.. ugh!!!
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https://64.media.tumblr.com/tumblr_m...kogxo1_250.gif
__________________
"Don't believe everything that you read on the Internet." -- Abraham Lincoln
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10-15-2022, 07:27 PM
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#57
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,908
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Quote:
Originally Posted by lamboguy
there are plenty of guys using computers to fire in wagers, but less than 10 people have direct terminal consul access to wagering pools. those are the guys that are doing the damage.
the last time i was offered a seat at the CAW table, they told me i had to buy a consul for $40,000 to get with the program and had to guarantee $25 million in wagers during the course of 1 year. i declined.
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I've had offers way lower than that, including $20k per year and the ADW will pay for it if I bet "enough."
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10-15-2022, 07:28 PM
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#58
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,908
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Quote:
Originally Posted by cj
The last one is part of it, but there are two much bigger parts.
First, this is kind of a 1A to the above, is the ability to fire many bets at the last possible second. The second is being able to do so while getting a much better price because of rebates.
The CAWs are playing a very different game than us, and it is at our expense. There are some playing at effective takeouts of less than 5% in my very informed opinion, and they are also essentially playing fixed odds when they bet.
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Of course, I know you are correct.
Just wanted to make sure everyone else thought the same thing.
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10-15-2022, 08:15 PM
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#59
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,811
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Quote:
Originally Posted by formula_2002 View Post
True I dont bet...I earned my wings a long time ago.. ugh!!!
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Did you earn them or sproat them?
Asking forTrevor.
__________________
Who does the Racing Form Detective like in this one?
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10-15-2022, 09:40 PM
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#60
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,768
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Quote:
Originally Posted by cj
The CAWs are playing a very different game than us, and it is at our expense. There are some playing at effective takeouts of less than 5% in my very informed opinion, and they are also essentially playing fixed odds when they bet.
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This is the crux of the problem.
2nd biggest problem is field size
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