Taking money out of pools

[SharpCat]

Originally Posted by Robert Goren

This is a minor problem to all the late money coming in. I seen pools double in size after the bell. You see horses go from 6/5 to 3/5 after bell quite often. It is because of all the prebets that are only made if a horse is such and such of odds at 0 MTP. That what needs to be stopped. If you go use that feature the last you should be able to bet is 3 MTP. I know their posters here who use that feature and I am going to get roasted over the coals what I just said. Constiantly having the pools double in the last 2 minutes is chasing new people from the game. I seen more than one first timer who swear they'd never be back after the odds on a horse they bet dropped in half after they made their bets. I had one tell me that he felt like the world's biggest sucker after it happened to him. It didn't matter to him that the horse won by 6 lengths.

So you want to tell people when they can and can't bet. If I want to make a large wager at the last second why is that a problem?

[cj]

Originally Posted by Robert Goren

This is a minor problem to all the late money coming in. I seen pools double in size after the bell. You see horses go from 6/5 to 3/5 after bell quite often. It is because of all the prebets that are only made if a horse is such and such of odds at 0 MTP. That what needs to be stopped. If you go use that feature the last you should be able to bet is 3 MTP. I know their posters here who use that feature and I am going to get roasted over the coals what I just said. Constiantly having the pools double in the last 2 minutes is chasing new people from the game. I seen more than one first timer who swear they'd never be back after the odds on a horse they bet dropped in half after they made their bets. I had one tell me that he felt like the world's biggest sucker after it happened to him. It didn't matter to him that the horse won by 6 lengths.

The pools doubling have very little to do with conditional wagering. Plenty of bets don't get put in because of it as well. IT has a lot more to do with the way off track bets are added to the pools.

[cj]

Originally Posted by SharpCat

I prefer to make my wagers before the horses come out of the paddock. I want to see the entire warm up to look for any negativity from my horse. If I see any negativity from my horse I will cancel my wager every time. It could be 5mtp or it could be post time.

I understand, but if you are making large wagers, the rules should not allow them to be canx in my opinion. I'm not sure when this changed.

[SharpCat]

Originally Posted by cj

I understand, but if you are making large wagers, the rules should not allow them to be canx in my opinion. I'm not sure when this changed.

If I see some negativity from my horse why should I not be allowed to cancel my wagers?

[Stillriledup]

Originally Posted by SharpCat

I prefer to make my wagers before the horses come out of the paddock. I want to see the entire warm up to look for any negativity from my horse. If I see any negativity from my horse I will cancel my wager every time. It could be 5mtp or it could be post time.

I dont understand why you would bet so early if warm up are important to you. Get an ADW and sit at home, you can wait till the last second.

[SharpCat]

Originally Posted by Stillriledup

I dont understand why you would bet so early if warm up are important to you. Get an ADW and sit at home, you can wait till the last second.

Someday I would love to play from home. I like to be early so I can the the post parade and warm up. There are things I look for negativity wise from a horse. If I see any of those things I will cancel my bet. I don't want to be in a position where I miss some negativity from my horse because i'm at the sam making my wagers.

[Stillriledup]

Originally Posted by SharpCat

Someday I would love to play from home. I like to be early so I can the the post parade and warm up. There are things I look for negativity wise from a horse. If I see any of those things I will cancel my bet. I don't want to be in a position where I miss some negativity from my horse because i'm at the sam making my wagers.

But CJ's point was that if you have time to run up and cancel, you also have time to run up and bet...you can watch the entire post parade, watch the odds and fluctuations, watch the warmups and THEN run to the window and play. If you're running up to cancel a ticket, you are not only missing what's happening warmupwise at 1 and 2 MTP, but you're probably putting yourself in a position to not be able to find the winner. If you bet the 1 horse and then dont like what you see, do you have the ability to cancel the 1 and bet the 2? (for example)

Get used to betting late........i can see if its a big day and its really crowded, but most days arent big days, most days you can get a bet in at the last moment.

[SharpCat]

Originally Posted by Stillriledup

But CJ's point was that if you have time to run up and cancel, you also have time to run up and bet...you can watch the entire post parade, watch the odds and fluctuations, watch the warmups and THEN run to the window and play. If you're running up to cancel a ticket, you are not only missing what's happening warmupwise at 1 and 2 MTP, but you're probably putting yourself in a position to not be able to find the winner. If you bet the 1 horse and then dont like what you see, do you have the ability to cancel the 1 and bet the 2? (for example)

Get used to betting late........i can see if its a big day and its really crowded, but most days arent big days, most days you can get a bet in at the last moment.

I can understand where you guys are coming from. I'm extremely selective in my wagers. I have never cancelled a wager on a horse then bet another one. It's possible that I could have a 2nd horse qualify if my 1st choice shows negativity but it has not happened once in 10 years.

[PaceAdvantage]

What tracks let you cancel a wager after you've left the window? I thought most tracks don't allow such a thing?

I know NYRA doesn't allow adjustments, including cancellations, after you leave the window. It says so right in the track program...

SharpCat is able to cancel wagers at the track well AFTER he's left the window?

[njcurveball]

Originally Posted by PaceAdvantage

What tracks let you cancel a wager after you've left the window? I thought most tracks don't allow such a thing?

At any track in NJ, you can simply put the ticket in a machine and cancel the bet. It might not work if the wager is more then $500, so people will simply make multiple bets in that case.

On 4njbets, you simply hit the wager and then the cancel button.

[SharpCat]

Originally Posted by PaceAdvantage

What tracks let you cancel a wager after you've left the window? I thought most tracks don't allow such a thing?

I know NYRA doesn't allow adjustments, including cancellations, after you leave the window. It says so right in the track program...

SharpCat is able to cancel wagers at the track well AFTER he's left the window?

I can just cancel my wagers at the sam machine. Should I not be allowed to cancel wagers if I don't like the way my horse is warming up?

[Robert Goren]

Originally Posted by PaceAdvantage

What tracks let you cancel a wager after you've left the window? I thought most tracks don't allow such a thing?

I know NYRA doesn't allow adjustments, including cancellations, after you leave the window. It says so right in the track program...

SharpCat is able to cancel wagers at the track well AFTER he's left the window?

I canceled a wager at twinspires on an AQU race yesterday at 0 MTP because I realised I had punched the wrong number. Of course, the horse won.

[senortout]

The conditional wager has 'flushed the toilet' on the odds you hope to obtain. Of course if you set 3-1 as your minimum acceptable odds and 'flush the toilet' at 1 minute to post, you cannot hope to obtain the desired odds. So, eliminating the conditional odds bet would benefit all of us(in that some of us would not wait so long to make our bets, and a more accurate representation of final odds would once more be viewable) Just my opinion of course. Why, after all, should adw accounts not add their monies into the pools in a manner more approaching what happens at the track...it dribbles in starting when the windows open, in some instance on the eight race before the first race has been run.......get more real, get us back to that scenario. I know they are capable of this. Point of order...can you go to the teller give him your wager, and tell him to watch the tote and at the last second put your money in, but only if your desired odds are obtained....you shouldn't be able to do this without being at that window talking to that teller at that exact moment...if a teller does this for you, he should be let go. (He shouldn't be doing favors for some, and not others). But that's not living in the real world now is it?

Originally Posted by MightBeSosa

For the most part, folks complaining about big drops, especially on chalk, are without clue.

The price they see 3 mtp is a fiction to begin with. You never did pick a 3-1 shot, you picked an 8/5 shot that was posted at 3-1 3 mtp. Big diff.

I'm not even sure its the conditional wagering that is the cause, more likely the computer bettors who send it in late.

[davew]

Originally Posted by Robert Goren

I canceled a wager at twinspires on an AQU race yesterday at 0 MTP because I realised I had punched the wrong number. Of course, the horse won.

thats why I leave my mistakes go, it was fate...

[njcurveball]

Originally Posted by senortout

The conditional wager has 'flushed the toilet' on the odds you hope to obtain. Of course if you set 3-1 as your minimum acceptable odds and 'flush the toilet' at 1 minute to post, you cannot hope to obtain the desired odds. So, eliminating the conditional odds bet would benefit all of us(in that some of us would not wait so long to make our bets, and a more accurate representation of final odds would once more be viewable) Just my opinion of course. Why, after all, should adw accounts not add their monies into the pools in a manner more approaching what happens at the track...it dribbles in starting when the windows open, in some instance on the eight race before the first race has been run.......get more real, get us back to that scenario. I know they are capable of this. Point of order...can you go to the teller give him your wager, and tell him to watch the tote and at the last second put your money in, but only if your desired odds are obtained....you shouldn't be able to do this without being at that window talking to that teller at that exact moment...if a teller does this for you, he should be let go. (He shouldn't be doing favors for some, and not others). But that's not living in the real world now is it?

I posted this in 2007. Pretty visionary, huh?

Originally Posted by njcurveball

Wait till more on-line services get a conditional wagering interface. You can only push the time back so far with post time being relative to when the starter pushes the button.

With a conditional bet of 1 minute to post at a track like Charles Town, getting 5-1 may mean you still wind up with 8-5 when they cross the finish line.

If you think odds are dropping crazy now, wait till the conditionals target the overlays in the pools.

It is a much different world from when people tried to get their bets in with 3 minutes to go so they could secure a good place to watch the race.

Now there are large groups of people on the Internet with bets ready to go at the touch of a button.