Enough BS about the post times

[Liberty Bell]

Settlemoir claims they experimented with starting at post time either last year or the year before, actually they started 2 minutes past post time and the handle dropped substantially so they dropped it. If you drill it into the bettors heads you're going to start on time they will adjust quickly because nobody wants to get shut out.

[Papillon]

Settlemoir claims they experimented with starting at post time either last year or the year before, actually they started 2 minutes past post time and the handle dropped substantially so they dropped it. If you drill it into the bettors heads you're going to start on time they will adjust quickly because nobody wants to get shut out.

The CAW handle could care less when the race starts and they are the biggest customers

they should run them on time as scheduled and as you say, the bettors will adjust when they realize what they are doing

Charlestown tbred same thin--zero minutes till post for 9 minutes, but at least is dependable

Gurals drag could be anywhere from 5-25 minutes

[Grandstand Handicapper]

I won't speak to the so called open windows, open pools, certain players being able to bet after the bell, etc.

Post time drag is a reality. It is not going away. The issue is why is it occuring. For legitimate reasons there are measures that can be taken. While I like the idea of the countdown clock, the question then becomes when, how is it going to be used, etc. It should be universal and consistent. There is a disproportionate amount of monies that hit the pool late and that will always impact the odds. Now, CAW's add an entire new dimension to everything. While people may understand how they work, generically, the economics they operate on (from both the track and the CAW's perspective, nobody really knows how profitable they are. Nobody really knows how much they are putting in play every day, every race. The conjecture becomes reality. There is no debate that CAW's can absolutely impact the pools, late odds, and drastic odd swings, it is still unknown how accurate their business model and profitability are. Post time drag is a reality, and CAW's exacerbate the entire landscape.

Pari-mutuel wagering needs a complete overhaul, revamping, etc. In the end, the solution is a consistent protocol, universally, to identify and enforce exactly when wagering stops and when the race starts, thus addressing both issues.

[Parked]

Settlemoir claims they experimented with starting at post time either last year or the year before, actually they started 2 minutes past post time and the handle dropped substantially so they dropped it. If you drill it into the bettors heads you're going to start on time they will adjust quickly because nobody wants to get shut out.

👍👍👍👍👍👍👍👍👍👍👍

[Papillon]

I won't speak to the so called open windows, open pools, certain players being able to bet after the bell, etc.

Post time drag is a reality. It is not going away. The issue is why is it occuring. For legitimate reasons there are measures that can be taken. While I like the idea of the countdown clock, the question then becomes when, how is it going to be used, etc. It should be universal and consistent. There is a disproportionate amount of monies that hit the pool late and that will always impact the odds. Now, CAW's add an entire new dimension to everything. While people may understand how they work, generically, the economics they operate on (from both the track and the CAW's perspective, nobody really knows how profitable they are. Nobody really knows how much they are putting in play every day, every race. The conjecture becomes reality. There is no debate that CAW's can absolutely impact the pools, late odds, and drastic odd swings, it is still unknown how accurate their business model and profitability are. Post time drag is a reality, and CAW's exacerbate the entire landscape.

Pari-mutuel wagering needs a complete overhaul, revamping, etc. In the end, the solution is a consistent protocol, universally, to identify and enforce exactly when wagering stops and when the race starts, thus addressing both issues.

the link that Bello started a thread on gave us plenty of examples of how much they are playing

one of the main reasons the ADWs want to leave it status quo is breakage

TVG, Twinspires and 1/ST combined make about $40mil a year profit on rounding down payoffs.

[Liberty Bell]

I won't speak to the so called open windows, open pools, certain players being able to bet after the bell, etc.

Post time drag is a reality. It is not going away. The issue is why is it occuring. For legitimate reasons there are measures that can be taken. While I like the idea of the countdown clock, the question then becomes when, how is it going to be used, etc. It should be universal and consistent. There is a disproportionate amount of monies that hit the pool late and that will always impact the odds. Now, CAW's add an entire new dimension to everything. While people may understand how they work, generically, the economics they operate on (from both the track and the CAW's perspective, nobody really knows how profitable they are. Nobody really knows how much they are putting in play every day, every race. The conjecture becomes reality. There is no debate that CAW's can absolutely impact the pools, late odds, and drastic odd swings, it is still unknown how accurate their business model and profitability are. Post time drag is a reality, and CAW's exacerbate the entire landscape.

Pari-mutuel wagering needs a complete overhaul, revamping, etc. In the end, the solution is a consistent protocol, universally, to identify and enforce exactly when wagering stops and when the race starts, thus addressing both issues.

Even though I can't stand it and think it's unnecessary, I realize the drag is here to stay, but what they are doing is dragging the drag. Stop bringing the horses out with zero minutes to post, have them score for 4 minutes, then start a countdown clock at 180 seconds like Meadowlands does. At least bring them out with 3 or 4 minutes to post instead so it doesn't seem as bad. Never had the drag in the old days at any track other than Northfield. I do not believe the drag helps handle at all even though Gural's puppet Settlemoir thinks it does. People are still going to bet the same amount, only later.