Quote:
Originally Posted by philcski
The win pool is only 25% of the MUTUEL pool? At what track?!? And you're calling ME out on this??? 50% is probably conservative at a track like PID where the place and show pools are nonexistent! Here is the chart for the last race at PID: http://drf.com/drfPDFChartRacesIndex...=20100703&RN=8
"Sophisticated money" has no bearing on the analysis. The money in the pools is what it is. Where it comes from, either in location or knowledge, is irrelevant once the gates open and the prices are finalized. |
Our WPS are 33%...which makes 25% a generous estimate. I will look into what they are at smaller tracks. Perhaps you are right but I'm dubious.
However, the second paragraph just shows you aren't thinking this through.