Watchandtell and 6 Guests are viewing this topic.
If the Elite accounts that are making the bets are owned by the tracks themsleves, it doesnt cost them anything other than paying for the tech and AI to send in their own bets. They wouldn't charge themselves to bet.Its possible there is more than just AI involved in determining the bets. Who knows. But yes. Many billions.
True, he's a huge gambling influencer. But how big in the horse race betting space? Barstool exploded when sports gambling got legalized and while horse gamblers bet sports (and always have), I'm not sure a lot of newer/younger sports bettors cross into horse race betting. They see 20% rake, 2x sports vig... I don't think so.Saratoga and Keeneland and Del Mar draw younger but that's it. And that's where we see Portnoy show up and do a few bits for his shows or post on X. I follow Portnoy on X and his "I Quit" posts draw 1000s of "Me Too's" but I doubt 5% of those replying bet horses. And yes, the tracks owning CAWs is deplorable.
Your question is a tough one. I dont know. Barstoll is confident he is substantial enough to move the dial. i am certain however that he is more influential to gambling on racing than anyone else. By a lot.
You're more certain and optimistic than me and I hope I'm wrong. I see these races at big tracks where the win odds are absolutely useless. There was a race today at Keeneland, the 6th. In the last 15 seconds of betting, the odds on the favorite went from 3/1 to 3/2. Cut in half. Paulick posted on it https://x.com/raypaulick/status/1980002044925903078
He'll have a fraction so low it will be considered ZERO influence.The honest horseman need to do a NA walkout.Let them scratch 3/4's of all the horse and see if they can make a card.The gamblers should be thrilled, and then we're all in solidarity.We basically have the same gripe however it affects us differently but same bottom line.CAW is probably illegal is the theory and that should be pursued.
A day after swearing off race betting (after the Breeders Cup), here's Portnoy today after firster Wondergir Carly runs off.https://x.com/i/status/1980362832760959079He didn't last as long as it takes to defrost a pork chop.
https://www.si.com/onsi/horse-racing/analysis/is-portnoy-the-spartacus-that-horseplayers-need-in-the-war-against-caws
His level of fortitude has been exposed, didn't quit, or divest, I wonder what he's going to do when he gets his invitation to join a CAW?
I dont know David Portnoy but I seem to be cashing my share and having fun!!
