old guy and 3 Guests are viewing this topic.
A handful of computers and the right software you can make all the bets you want at last second. When a CAW makes a wager at last second they effect their odds just as much as yours. I personally like CAW money in the pools. It doesn’t take into account the appearance of the horse on the track. (See Louprint odds). I didn’t use Burkes other horse but I was going for nice payday if he raced like he warmed up
The big beautiful bill will put an end to ELITE TURF club on january 1, The 10 percent tax will kill all forms of gambling and on poker blogs many of the high limit young guns have said that this is their last two months if changes are not made, if you win 3 million and loose 3 million you will have to pay 300k on your winning and the math is simple for tourney poker or high limit slot players or horse players.
Unless you are classified as a caw and have direct pool access, no human alive can bet like they do. Put it this way. If I make a very large wager at the last second, say 5k at the meadowlands to win, the caws see it and adjust accordingly in their wagers. That will never work the other way, it's just not setup that way. I'll never know the caw bets and be able to react and bet accordingly. They have that timing edge provided to them by tracks in return for guaranteed handle levels. Regarding anyone liking CAWs. The very conservative data shows that the weakest of CAWs add a universal 2.5% to the takeout. No matter what you may think your advantage is over them, they increase takeout on everyone over the long term.
If they have an algorithm that can see your wager and react in a few seconds they are spending a shit ton on IT and would have a hard time making up the difference especially if you factor somewhere between 30-50% of the pool is their money
And BTW if you spend the money or build your own algorithm that predicts where the CAW money is going you could easily beat them at their own game. Of course you would need the capital to wager enough to get the top rebates
I firmly believe that everyone who gambles on parimutual racing has to bet the same way. No technology advantages for anyone. No matter what. We will see what the lawyers and courts say is fair
Good luck with that. I play poker online and always run an odds calculator on my phone just to double check my math
I am talking about how the bets are placed into the pool. I want Same technology for everyone placing bets. No specials deals. No alternative pool access. No batch betting. I have no problem with anyone using AI or calculators or any other software imaginable to assist in coming up with wagers.
Read the complaint...and don't forget, as discovery proceeds, more evidence, more claims of damage, unfairness, and so on, can and probably will arise. I think there are some very good points here. The question of CAW's "cheating" and are they "cheating" the other players is interrelated to unfair advantage, are the other players being damaged, can it be proven, and are those damages quantifiable, is going to be at issue. There may be a lot of moving parts to this, but it all comes down to proving and quantifying. Sixty years ago when all of the play was on-track, there was little to no "flush" and "drag" into and on the pools. Sure, many people know there were some major players who had runners and locked up windows. We all know about "late" money and "smart" money, and every other kind of "money" that came in. OTB comes along and it changed, but not a lot. That is where we first saw pool flush, and that turned into drag, delay, whatever you want to call it. Simulcasting comes along, it changes a bit more, more often, more common, more noticeable, more prevalent. Online, offshore, rebate shops, bet from home, etc., and not it's much more. In today's current landscape, the impact on pool flush, drag, and yes, obviously CAW's, is making a major impact on pools and most players.I guess the people who know and have proof of all the unfair, illegal, and cheating that's going on here, will be contacting the plaintiff's attorney.
