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#1
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A casino tried it once. Lasted a week or so if I remember right...
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#2
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I think it was called 'Sport Of Kings' or something like that.
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#3
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Yep.
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#4
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Wow, that is a blast from the past! I remember going there once when Lil E.T. won the Derby. Didn't realize they had fixed odds at one point. When we went it was Pari-mutuel, so the fixed odds must have not lasted that long. At the time I was wondering how a place could survive just handling horse racing.
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#5
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TAB, the Australian tote organization, has a public pool fixed odds model. The late Stan Bergstein had one of his people do an anaylsis of it in the 90's I believe. I'll have to dig out the link.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. |
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#6
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Las Vegas had fixed maximum show payoffs ($6 or $8) in the early 80's that were being manipulated by someone making large show wagers on longshots at Pimlico and his cohorts making larger show wagers in Vegas.
As I recall the great sprinter Dave's Friend barely held third in one of those races and in another race one of the longshots did show, killing the profit margin. I found a link to an archived Baltimore Sun article and I'm pretty sure Beyer had an article about it. http://pqasb.pqarchiver.com/baltsun/...t+of+Nev.+scam |
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#7
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Wow, Dale Austin, there is a blast from the past for a Baltimore guy.
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