Xpress Bet Says No To Bridge Jumpers

[The Indomitable DrugS]

Originally Posted by blackthroatedwind

Here's the problem with your misunderstanding of the truth.....the " host " track gets only a simulcast fee for bets taken, the bulk of the takeout is kept by the simulcast outlet, which is why it is " fair " that they, too, should be responsible for their share of the minus pool. You are acting like they aren't keeping any of the takeout, or at least just a small persentage of such, on these show bets.

You're right.

Simulcast contracts - and who gets what of what - is an area I have absolutely no experience with. And it would be a gigantic waste of time for me to research that aspect.

However - generally speaking - bridgejump bettors are nothing like card counters. If anything they probably lose at a rate close to or above takeout. When they lose - some entity is gaining a lot of added handle... and over the long haul ... it's going to be enough to offset the liabilty of negative pools here and there.

[blackthroatedwind]

Originally Posted by The Indomitable DrugS

You're right.

Simulcast contracts - and who gets what of what - is an area I have absolutely no experience with. And it would be a gigantic waste of time for me to research that aspect.

However - generally speaking - bridgejump bettors are nothing like card counters. If anything they probably lose at a rate close to or above takeout. When they lose - some entity is gaining a lot of added handle... and over the long haul ... it's going to be enough to offset the liabilty of negative pools here and there.

The analogy was stupid....that goes without saying.

[Dunbar]

Originally Posted by The Indomitable DrugS

You're right.

Simulcast contracts - and who gets what of what - is an area I have absolutely no experience with. And it would be a gigantic waste of time for me to research that aspect.

However - generally speaking - bridgejump bettors are nothing like card counters. If anything they probably lose at a rate close to or above takeout. When they lose - some entity is gaining a lot of added handle... and over the long haul ... it's going to be enough to offset the liabilty of negative pools here and there.

Originally Posted by blackthroatedwind

The analogy was stupid....that goes without saying.

The analogy was not stupid at all. Bridgejumpers like Meadow are very much like cardcounters, and kasept's analogy is on the mark. There are a lot of blackjack players who know enough to to call themselves cardcounters, but who do not play with an edge. That doesn't mean cardcounting doesn't work.

Meadow is an expert card counter. He's used to finding opportunities where he has an edge. I'm confident that he would not be making these show bets without having done a lot broader study of it than trying to draw conclusions from a few recent races.

In both cases, bridgejumping and cardcounting, the "house" is trying to keep someone from making perfectly legal bets, because the "house" does not like situations where it thinks a player has the advantage.

If skill-less bridgejumpers are also being backed off, there's a cardcounting precedent for that, too. Casinos will occasionally jump the gun and ask a semi-skilled player to not play anymore. Collateral damage.

--Dunbar

[The Indomitable DrugS]

Good luck to him and his $2,400 bridge-jump bets out there - where he has to be right 20 out of 21 times at the $2.10 minimum.

I can promise you he has no edge. More and more - they're cancelling show wagering in the truest mis-matches out there.

[Dunbar]

Originally Posted by The Indomitable DrugS

Good luck to him and his $2,400 bridge-jump bets out there - where he has to be right 20 out of 21 times at the $2.10 minimum.

I can promise you he has no edge. More and more - they're cancelling show wagering in the truest mis-matches out there.

Well, I guess that settles it. Barry will be terribly disappointed to hear that you've determined he has no edge.

--Dunbar

[Seattleallstar]

I regularly put 4 digit win bets and have had no problems with TVG

[3kings]

Originally Posted by Seattleallstar

I regularly put 4 digit win bets and have had no problems with TVG

Why would there be? When was the last time you saw a negative pool for win?