Interesting Robotic Wagering discussion started by Frank Angst

[ateamstupid]

Originally Posted by saratogadew

I must be missing something here, but I see crw money as a good thing also. It was stated earlier that most of that money is bet into WPS and exacta pools. In a 10 horse race there is a 10% chance that money is on the horse that I bet. That would mean 90% of the time I am getting extra value on the horse that I bet. Also there are 90 different exacta combinations in a 10 horse field. The chances that their last second big exacta bet is on my combination is very slim, thus giving me extra value. Can someone give me the scenario that crw hurts my wallet on an ongoing basis?

The point is that they're privy to information that you aren't and are able to significantly depress potential payouts with no notice to you. Whether or not they're on "your" play (which will be way more than 10% of the time unless you're just throwing darts, by the way), they're making it immeasurably harder for the individual player to assess and pursue value.