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  #1  
Old 08-16-2020, 06:41 AM
moses's Avatar
moses moses is online now
Oriental Park
 
Join Date: May 2008
Posts: 3,894
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I guess I was aware of the CAWs but had never really read up on how they operate and seem to be dependent on the rebates that they get from tracks.

The theory on Twitter is that these entities have access to betting information that average gamblers don’t have access to (i.e. combinations that aren’t covered). I don’t think I buy that because they could construct smaller tickets than a $65,000 ticket if they were simply trying to take advantage of that information. If that were true, it would basically kill horse racing, imo.

More than anything, I think it highlights why no one should wager on the jackpot bets unless it’s a mandatory payout. With the CAW pumping in $65,000 wagers on a regular non-payout day, there’s almost no way you’ll have a single ticket winner so you’ll be paying the 30% carryover fee.
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  #2  
Old 08-16-2020, 08:09 AM
Dahoss Dahoss is offline
Keeneland
 
Join Date: Jul 2010
Posts: 10,293
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I’m not a pick 6 player and never have been. But after what I’ve seen these last few months I’m not sure how anyone puts money into these bets.

Competing against CAW’s in a carryover or non carryover situation seems foolish to me. You’re going to a gunfight with a knife.
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  #3  
Old 08-16-2020, 09:45 AM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
Join Date: Jun 2006
Posts: 9,938
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Quote:
Originally Posted by moses View Post
I guess I was aware of the CAWs but had never really read up on how they operate and seem to be dependent on the rebates that they get from tracks.

The theory on Twitter is that these entities have access to betting information that average gamblers don’t have access to (i.e. combinations that aren’t covered). I don’t think I buy that because they could construct smaller tickets than a $65,000 ticket if they were simply trying to take advantage of that information. If that were true, it would basically kill horse racing, imo.

More than anything, I think it highlights why no one should wager on the jackpot bets unless it’s a mandatory payout. With the CAW pumping in $65,000 wagers on a regular non-payout day, there’s almost no way you’ll have a single ticket winner so you’ll be paying the 30% carryover fee.
"the theory on Twitter" is pretty a pretty scary concept.
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Just more nebulous nonsense from BBB
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  #4  
Old 08-16-2020, 11:26 AM
Alabama Stakes Alabama Stakes is offline
Havre de Grace
 
Join Date: Jan 2010
Location: suffolk downs
Posts: 5,811
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Are those bots the reason all those numbers were covered in the late pick 5 at Saratoga on Friday?
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  #5  
Old 08-16-2020, 11:31 AM
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jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
Posts: 19,820
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Having access to that information and a computer. How can you trust this bet any longer. Someone associated with the track can.

1. Force carry by covering single tickets
2. Cover any uncovered.
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