Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Display Modes
  #1  
Old 03-13-2007, 12:27 PM
Grits Grits is offline
Monmouth Park
 
Join Date: Mar 2007
Posts: 758
Default

Quote:
Originally Posted by Antitrust32
it actually used to be the case (I did contract work for United Tote). But that was changed in the past few years.
And, there was very good reason for the change coming about, and someone can correct me if I'm wrong.

It had nothing to do with correcting tickets by mutuel clerks for bettors (and that probability is ludicrous.) Instead, it had everything to do with odds fluctuations appearing once the gates had sprung and the horses were running.

There was tremendous flap over this, bettors got fed up with the practice of odds dropping on their choice, they were smart to what was happening. Late money showing up in the pools. Whales--here, or offshore, were having large effect on this.

And again, please, someone correct me if need be.
Reply With Quote
  #2  
Old 03-13-2007, 12:36 PM
MisterB's Avatar
MisterB MisterB is offline
Woodbine
 
Join Date: Jun 2006
Location: Saratoga
Posts: 1,040
Default

Your right Grits
Reply With Quote
  #3  
Old 03-13-2007, 12:37 PM
Antitrust32 Antitrust32 is offline
Jerome Park
 
Join Date: May 2006
Location: Ft Lauderdale
Posts: 9,413
Default

Quote:
Originally Posted by Grits
And, there was very good reason for the change coming about, and someone can correct me if I'm wrong.

It had nothing to do with correcting tickets by mutuel clerks for bettors (and that probability is ludicrous.) Instead, it had everything to do with odds fluctuations appearing once the gates had sprung and the horses were running.

There was tremendous flap over this, bettors got fed up with the practice of odds dropping on their choice, they were smart to what was happening. Late money showing up in the pools. Whales--here, or offshore, were having large effect on this.

And again, please, someone correct me if need be.
I think you are correct. Integrity was a part of the issue also, as tellers could cancel the tickets real quick if the horse has a bad break.

But your statement was the #1 reason.
Reply With Quote
  #4  
Old 03-13-2007, 05:15 PM
golfer's Avatar
golfer golfer is offline
The Curragh
 
Join Date: Jun 2006
Posts: 2,608
Default

From what I remember, which isn't much, they could only cancel tickets, not make bets. When I go to my local simulcast parlor Saturday, I will ask one of the tellers if this is still going on.
Reply With Quote
  #5  
Old 03-13-2007, 05:50 PM
point given
 
Posts: n/a
Default

Quote:
Originally Posted by Antitrust32
I think you are correct. Integrity was a part of the issue also, as tellers could cancel the tickets real quick if the horse has a bad break.

But your statement was the #1 reason.
yeah, nice to have a teller in your pocket to cancel those , I wonder if Helen Pitts would have done so for Einstein in his race at the Fairgrounds though ?
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 02:36 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.