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#27
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Quote:
That said, the whole situation left the bettors (who along with owners fund the game) at the curb with the weekly trash pickup. The question in my mind remains the same : "What is wrong about this situation at its core?" Two issues come to mind. [1] Horizontal wagers that are moved to the post-time favorite are the root cause problem. Bettors deserve consolation payoffs for scratched horses that reward the equity earned through the successful selections in other races of the bet. Eliminate this strange post-time favorite substitution rule once and for all. Consolations are calculated for doubles and some Pick-3s in some jurisdictions, but not all. [2] Establish uniform rules for handling horizontal wager scratches across all States. How many times have we seen questions about scratch handling that varies based on the track/state? Some (including tote system providers) will say that calculating these consolation payoffs can be extremely difficult and might require significant algorithm updates. Yes, all true. So just get to it - protecting the bettor depends on action being taken at the tote system algorithm level. |