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05-21-2012, 11:09 PM
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#1
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Registered User
Join Date: Jan 2008
Posts: 238
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Tdn Monday - 2/5 Pays 12.80
In Thistledown's 5th Race Monday I saw a phenomena I've never seen before in my 45 years at the track.
The 7 horse is bet to 2/5 all through the pre-race betting and while the gate is being loaded. During the course of the race, this overwhelming favorite goes to 5-1. He wins by over 10 lengths and pays 12.80 to win and $2.10 to place.
The exacta with the second choice pays $6.20.
When they put the $12.80 up we all thought they had made a mistake and that the win payoff should have been $2.80, not $12.80, but after verifying it with the mutual clerks, the horse did indeed pay $12.80 to win. The ensuing Pick-3 of $8.20, $12.80, and $4.20 returned $26.20 for $2 (in line with the middle horse being 2/5.)
In the 8th and final race of the day a horse that had been solid at 8/5 and 2-1, wins and pays 9/2 = $11.60 with the post-time favorite running second and the perfecta paying $14.20 for $2.
Any thoughts, or explanations????
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05-21-2012, 11:30 PM
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#2
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Registered User
Join Date: Aug 2009
Posts: 3,034
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My guess is the late "gate money" by a person was poorly bet. Plus, I don't think it takes much there to change odds based on handle but I could be wrong.
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05-21-2012, 11:34 PM
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#3
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Registered User
Join Date: Jan 2005
Location: away from the ice and snow.....
Posts: 120
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twice in one nite...hmmm..hanky panky at the windows
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05-21-2012, 11:38 PM
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#4
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Registered User
Join Date: Aug 2001
Location: Lehigh Valley, PA.
Posts: 7,464
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That's bizarre. The horse won by 16 lengths and all of the other 6 horses in the race were 9-2, so almost every horse in the race had the same odds. The winner actually was the highest odds in the race.
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05-21-2012, 11:42 PM
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#5
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Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,293
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HANA Blog - Monday 05-21-2012 Thistledown R5:
http://blog.horseplayersassociation....12-tdn-r5.html
Quote:
I was watching the betting pools at TDN 5. As the race started there was around $13k in the win pool most of which was bet on #7 who was 1-5.
Part way through the race, the odds changed tremendously with 30-1 and 50-1 shots dropping to 9-2 and the 1-5 favorite jumping to 5-1.
Here is a snapshot of the final pools:
Code:
----- ---- ------ -- ----- -- ----- --
Horse Odds WIN % PLACE % SHOW %
----- ---- ------ -- ----- -- ----- --
#1 9/2 15,449 14 133 3 2,089 11
#2 9/2 15,357 14 184 5 2,093 11
#3 9/2 15,227 14 43 1 2,074 11
#4 4 15,987 15 530 14 2,341 12
#5 9/2 15,342 14 234 6 2,109 11
#6 9/2 15,478 14 291 7 2,198 12
#7 5 13,431 12 2,243 61 5,164 28
-----------------------------------------
As you can infer from the totals, very late in the wagering, some robotic wagering program must have mistakenly bet $15k to win and $2k to show on all horses except the #7.
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-jp
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__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
Last edited by Jeff P; 05-21-2012 at 11:45 PM.
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05-22-2012, 08:08 AM
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#6
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Registered User
Join Date: Apr 2012
Posts: 1,115
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Guessing there might be days at Thistledown where the total handle wont be more than this one race.Very strange.
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05-22-2012, 08:41 AM
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#7
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,823
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That's very strange, "I've never seen that before" strange. Sure, we've seen crazy bets get cancelled and the odds swing wildly, but the way the betting went here, that's a new one. I think Jeff had the only logical explanation---if only those types of mistakes were made every day and our 2-5 shots went off 5-1....we'd all be rich.
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05-22-2012, 09:40 AM
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#8
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dGnr8
Join Date: Aug 2003
Location: Niagara, Ontario
Posts: 3,023
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TDN
Following is the Interval odds as tracked by HPIBet. At 1 minute to post the odds on the #7 were 13-1.
This has to be a whale computer glitch.
Code:
# M/L 20 17 15 12 10 7 5 4 3 2 1 0 Final
1 12 5 5 6 7 8 6 7 6 6 8 4 9/2
2 4 6 7 9 9 9 10 11 13 15 21 4 9/2
3 10 19 9 11 12 13 17 19 23 23 30 4 9/2
4 9/2 25 30 25 16 15 7 4 5 7/2 4 4 4
5 5 7 7 7 6 7 9 8 9 10 15 4 9/2
6 7/2 12 15 18 16 18 22 18 13 10 9 4 9/2
7 2 1/2 2/5 1/5 2/5 2/5 2/5 1/2 1/2 3/5 2/5 13 5
Win Pool:$209 $248 $290 $309 $333 $463 $515 $613 $769 $1,275 $81,425 $109,561
__________________
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The great menace to progress is not ignorance but the illusion of knowledge - Daniel J. Boorstin
The takers get the honey, the givers sing the blues - Robin Trower, Too Rolling Stoned - 1974
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05-22-2012, 09:50 AM
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#9
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Registered User
Join Date: Apr 2012
Posts: 1,115
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Quote:
Originally Posted by Red Knave
Following is the Interval odds as tracked by HPIBet. At 1 minute to post the odds on the #7 were 13-1.
This has to be a whale computer glitch.
Code:
# M/L 20 17 15 12 10 7 5 4 3 2 1 0 Final
1 12 5 5 6 7 8 6 7 6 6 8 4 9/2
2 4 6 7 9 9 9 10 11 13 15 21 4 9/2
3 10 19 9 11 12 13 17 19 23 23 30 4 9/2
4 9/2 25 30 25 16 15 7 4 5 7/2 4 4 4
5 5 7 7 7 6 7 9 8 9 10 15 4 9/2
6 7/2 12 15 18 16 18 22 18 13 10 9 4 9/2
7 2 1/2 2/5 1/5 2/5 2/5 2/5 1/2 1/2 3/5 2/5 13 5
Win Pool:$209 $248 $290 $309 $333 $463 $515 $613 $769 $1,275 $81,425 $109,561
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Almost a 6 figure glitch
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05-22-2012, 11:33 AM
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#10
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Veteran
Join Date: Apr 2009
Posts: 250
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Some bettors will make a large wager early in pools to show their pick as a prohibitive favorite, especially at smaller circuit tracks, theory being that the public will back off a short price play and the favorite's price will float up through the course of wagering.
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05-22-2012, 11:38 AM
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#11
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Registered User
Join Date: Aug 2009
Posts: 3,034
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Quote:
Originally Posted by Rapid Grey
Some bettors will make a large wager early in pools to show their pick as a prohibitive favorite, especially at smaller circuit tracks, theory being that the public will back off a short price play and the favorite's price will float up through the course of wagering.
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That's what I thought. He was just the heavy favorite with very little money in the pool. The large bets came in late.
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05-22-2012, 01:57 PM
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#12
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,823
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Quote:
Originally Posted by tzipi
That's what I thought. He was just the heavy favorite with very little money in the pool. The large bets came in late.
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But if you looked at the pools as posted by Jeff or the odds ranges posted here as well, that's too simple to explain what happened in this case. Nearly identical bets---$15,000 bets, not $100---were posted on all of the other horses in the field, to the point where the original favorite went from 1-2 to 13-1 in a flash and the others all dropped to 4-1. If you can tell me when you've ever seen that before in the history of racing, please list the race and date. There WAS one big early bet, but the ridiculously big late bets on the rest of the field, including $90K in win wagers that lost---were the extremely unique part.
Last edited by castaway01; 05-22-2012 at 02:00 PM.
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05-22-2012, 02:06 PM
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#13
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Registered User
Join Date: Mar 2008
Posts: 1,745
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05-22-2012, 02:20 PM
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#14
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Registered User
Join Date: Aug 2009
Posts: 3,034
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Quote:
Originally Posted by castaway01
But if you looked at the pools as posted by Jeff or the odds ranges posted here as well, that's too simple to explain what happened in this case. Nearly identical bets---$15,000 bets, not $100---were posted on all of the other horses in the field, to the point where the original favorite went from 1-2 to 13-1 in a flash and the others all dropped to 4-1. If you can tell me when you've ever seen that before in the history of racing, please list the race and date. There WAS one big early bet, but the ridiculously big late bets on the rest of the field, including $90K in win wagers that lost---were the extremely unique part.
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You're right. Didn't see that looking at it quickly. Strange indeed.
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05-22-2012, 02:27 PM
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#15
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Registered User
Join Date: Aug 2009
Posts: 3,034
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Quote:
Originally Posted by menifee
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In the video caller says, "Inquiry sign has been posted looking into the stretch run of race 5". He should said, the Inquiry sign has been posted looking into the shady betting on race 5.
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