Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Thoroughbred Horse Racing Discussion > General Handicapping Discussion


Reply
 
Thread Tools Rate Thread
Old 11-06-2019, 02:04 PM   #1
atlasaxis
Registered User
 
Join Date: Nov 2006
Location: Long Island, NY
Posts: 1,488
Conditional wagering

Been waiting forever for twinspires to get this corrected. Are there any other ADWs that offer conditional wagering? Thank you.
__________________
"A winning horse either sets or overcomes the pace of the race it runs against" - Ray Taulbot
atlasaxis is offline   Reply With Quote Reply
Old 11-07-2019, 12:36 AM   #2
trifecta
Registered User
 
Join Date: Nov 2009
Location: Folsom, CA
Posts: 3,518
Quote:
Originally Posted by atlasaxis View Post
Been waiting forever for twinspires to get this corrected. Are there any other ADWs that offer conditional wagering? Thank you.
XpressBet does.
trifecta is offline   Reply With Quote Reply
Old 11-07-2019, 08:00 AM   #3
Parson
 
Parson's Avatar
 
Join Date: Mar 2015
Location: Louisville, KY
Posts: 328
AMWAGER does as well
Parson is offline   Reply With Quote Reply
Old 11-07-2019, 09:22 AM   #4
Gorrex
Registered User
 
Join Date: Apr 2008
Location: Louisville
Posts: 278
AmWager's conditional system stands out from others for a few reasons.

1. Our conditional system checks continuously to see if all conditions are true. Most systems check once at your specified minutes to post.. which means its possible your odds conditions become true later and you miss out.
2. We allow multiple odds/payout conditions per wager which means you can create a range condition.
3. We do not lock the conditions to the wager pool. This means its possible to construct "fair value" conditions on more complex pools.

And as always.. if there is something we have not thought of that would make the system better tell us and we will get it built.
__________________

Jason Martin
IT Director
AmWest Entertainment - AmWager
Gorrex is offline   Reply With Quote Reply
Old 11-07-2019, 09:23 AM   #5
Gorrex
Registered User
 
Join Date: Apr 2008
Location: Louisville
Posts: 278
Also.. if anyone ever needs a walkthrough or help with our systems reach out to me or support@amwager.com.
__________________

Jason Martin
IT Director
AmWest Entertainment - AmWager
Gorrex is offline   Reply With Quote Reply
Old 11-07-2019, 10:34 AM   #6
Prof.Factor
Registered User
 
Join Date: Dec 2016
Posts: 109
Been with Twinspires since it's inception. They called me when the Conditional wagering feature was being dropped. My guess is it had something to with Kentucky Derby overload. Anyways, I will be making my first visit to AMWAGER today. The conditional wager feature is huge to me.Thanks for the info.
Prof.Factor is offline   Reply With Quote Reply
Old 11-07-2019, 02:22 PM   #7
Partsnut
BetMix User
 
Partsnut's Avatar
 
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
Hi Tom,


Xpress bet has conditional Wagering.
__________________
partsnut@yahoo.com
Partsnut is offline   Reply With Quote Reply
Old 11-07-2019, 02:53 PM   #8
green80
Registered User
 
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
conditional wagering is the way to go, I don't bet without using it
green80 is offline   Reply With Quote Reply
Old 11-07-2019, 03:19 PM   #9
sharkey11
Registered User
 
Join Date: Feb 2017
Posts: 593
this is all fine an good but untill the tracks an adws get together and lock all bets when the gate opens then all bettors will be either holding tickets they dont want or not holding tickets they want when the odds change as horses run up to the half mile call or more and an odds flash occures ! does anyone rember the bell ringers
sharkey11 is offline   Reply With Quote Reply
Old 11-12-2019, 11:45 AM   #10
JeremyJet
Handicapper
 
JeremyJet's Avatar
 
Join Date: Jun 2008
Location: Chicago
Posts: 574
Quote:
Originally Posted by atlasaxis View Post
Been waiting forever for twinspires to get this corrected.
Check your email. The long wait is over.
JeremyJet is offline   Reply With Quote Reply
Old 11-14-2019, 06:35 PM   #11
Track Collector
Grinding at a Poker Table
 
Track Collector's Avatar
 
Join Date: Nov 2007
Posts: 4,902
Quote:
Originally Posted by Gorrex View Post
AmWager's conditional system stands out from others for a few reasons.

1. Our conditional system checks continuously to see if all conditions are true. Most systems check once at your specified minutes to post.. which means its possible your odds conditions become true later and you miss out.
2. We allow multiple odds/payout conditions per wager which means you can create a range condition.
3. We do not lock the conditions to the wager pool. This means its possible to construct "fair value" conditions on more complex pools.

And as always.. if there is something we have not thought of that would make the system better tell us and we will get it built.
How much delay is there between the AmWest platform and the actual track when it both respectively show zero minutes to post?

The reason I am asking is that I have noticed up to a 90+ seconds difference with another ADW who offers conditional wagering. In other words, when their platform first displays zero minutes to post (which is the time they would place one's 0 MTP conditional wager), it takes sometimes up to another 90+ seconds before the live track displays 0 MTP. This means that this particular ADW actually submits 0 MTP conditional wagers at almost 2 MTP, and it may even be done by design.

I recognize that odds do change significantly AFTER 0 MTP, but adding on almost 2 more full minutes IMO makes things exponentially worse when the 0 MTP conditional wager also contains a minimum or maximum odds requirement.

And in a related question, does AmWest allow conditional wagers to first be evaluated at intervals like 30 seconds after 0 MTP, 60 seconds after 0 MTP, etc.?
Track Collector is offline   Reply With Quote Reply
Old 11-18-2019, 11:25 AM   #12
Gorrex
Registered User
 
Join Date: Apr 2008
Location: Louisville
Posts: 278
Pretty much all ADWs (including us) show 0 MTP at anything under 60 seconds to scheduled post time.

Some video feeds ADD time to the scheduled post time, others subtract it. In general the video feed rarely ever matches the actual post time set by the on track tote personnel. Its all the mutuels department at that track trying to get the most bets in... They still generally think about on track only even though 80% of their business is somewhere else.
__________________

Jason Martin
IT Director
AmWest Entertainment - AmWager
Gorrex is offline   Reply With Quote Reply
Old 11-18-2019, 11:27 AM   #13
Gorrex
Registered User
 
Join Date: Apr 2008
Location: Louisville
Posts: 278
And in AmWager conditional wagers are evaluated every 20 seconds at a minimum.
__________________

Jason Martin
IT Director
AmWest Entertainment - AmWager
Gorrex is offline   Reply With Quote Reply
Reply





Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
Which horse do you like most
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 10:32 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.