Charles Town really late money

[PressThePace]

Originally Posted by Maximillion

I have seen this sorta thing at this track,but I dont know that it happened here.On the replay he was 7-2 at the quarter....same price as when he started to "open this thing up" near the finish.

Funny because I DVR'd the race and the odds changed from 9/2 to 7/2. I guess it doesn't matter now. I make my wagers as the horses are being placed in the gate. He was 6/1 at that point.

I just watched the replay from the track website and it showed 7/2 from the 1/4 mile mark. Where did you watch the replay from?

[Stillriledup]

I think another part of the "late money" discussion isn't whether or not its being bet before the start, its whether or not horseplayers can continue to see their odds getting chopped and whether or not they'll continue to be customers of this game.

So ok, you determine that these bets are coming in on time. Where does that leave you? You still see Tonalist go from 11-1 to 9-1 and even if its on the up and up, what's the difference, you still get 20 instead of 24....they don't pay you more because you determined that the person who bet did so before the race actually started.

[Hoofless_Wonder]

The problem is that the late surge of money is more often on the hot horse that wins. So for the average schmuck that bets a bit earlier than "last nanosecond" and has a winner, he/she sees an odds drop compared to when their wager was placed. For every winner where we see the odds drop, how often to we see the odds go up? I'd say about a 5 to 1 ratio, at least.

The conversation on this topic is usually about the whales chopping into the "overlays" at the end or past posting, but I believe it's the larger prime wagers coming in as well.

[Thebigguy]

Originally Posted by PressThePace

Pid2 on Wednesday...With over 10k in the win pool, the Niceandez goes from 6/1 when the gates open to 9/2 after a 1/2 mile to 7/2 when he crosses the finish line.

That was a Salvatore 5 star lock. Dude dropped 5k on the horse.

[Big Sal]

Originally Posted by Thebigguy

That was a Salvatore 5 star lock. Dude dropped 5k on the horse.

Yeahhhh, Not quite.

I didn't even include him in the top 3.