Quote:
Originally Posted by soflant
As an example if the morning line odds on the toteboard favorite is 3-1 and the closing odds near post time are 7-5 can we tell if the odds drop is caused by the barn money or the public? Thanks in advance.
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Most of the time it's just that the morning line wasn't that good so the money coming in on the horse is a better indication of it's chances than the ML.
Barn money often comes in early, anyway. People in the backstretch are talking about a horse, for instance, that's training well for it's return or it's debut. They might be working during the races so they are actually in the backstretch, so they put the bets in early.
Years ago when bookies took a lot of horse action, sometimes they would lay off large bets rather than risk losing, say, a $10,000 win bet, so you would see that $10,000 in the pool on the first flash.