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Do you invest in the stock market? No different. The little guy goes along for the ride as the corporations are the ones driving the sales of stocks which keeps the companies afloat every day. $2.00 bettors are not keeping racing going these days. Increasing handles is what racing is all about.
handle means little in harness racing as slots fund the pursesso increasing handles mean almost nothing
Just a reminder that not all handle is good handleGural provides huge rebates to these CAWs--and when they handle $3 million--everyone thinks that is just great.It isn't.Rebates and CAWs have basically eliminated the middle man--a trend across all sectors in the USA these days.The entire system is rigged for the rich to get richer, have access that the rest of us do not. These false high handles--especially in CA and NJ where slots don't fund purses seem to have fooled a lot of people.
At non-casino tracks the handle is everything.
I highly doubt the big CAW bettors wager on the buggy races, they are too smart to bet on the Carnies
California is the only state with non casino tracksNJ subsidizes purses via legislationall other tracks fund purses through gaminganother misconception is that bettors are betting into bigger pools which they think is a good thing-what they don't realize is that the bigger pools are full of CAWs, artificial intelligence assisted bets,pool analyses aided bets, and bets after the bell--all with monster rebatesso when the M1 handles $3 mil-many folks think that is good--but I would rather not bet into pools which use those tools to help make those bets--it is not a level playing fieldto answer an earlier question--i would estimate that at least half of M1 handle is CAW/heavily rebate relatedwake up people
All well said. You NEVER see an "out of line" payoff at M1 when the CAW handles are in play. The algorythm funneling of money into each and every pool, in every race, levels the playing field across the board and completely eliminates any so called advantage that a smart individual bettor may be able to take advantage of. Minus CAW cash the pools might be around 1.5 million for 14 races, at best. Gural and Settlenuts love to tout their pool sizes but fail to tell average bettors that these pools do not benefit them, by far.