Growing the game of horse racing.
This comes up all the time. I’m a fairly new player. I’m in a younger demographic 21-30. What drew me in initially was my grandpa always having tvg on and then later on figuring out how long the odds can be on straight/exotic wagers.
@AHPDrew to your point. if someone has this, we all should. that info edge is completely unfair and screams corruption from someone or some group. I think its understandable that everyone isnt priced the same. but info or access (even if $$$) should be available
99% of handicappers wouldnt see a benefit, but in the hands of CAW or a guy like @AHPDrew this is extremely value data you could back test and exploit. Think of it like Lasix stats. Imagine a small TR is 38% first after shockwave and youre the only one who knows. Thats massive
@AHPDrew my point would be is if you had enough data you could back test it and find out the impact it has on specific trainers which could provide a massive edge. I am the same way on treatments, but if I know X trainer is 36% first off throat surgery on 50 race sample and 4$ roi. huge
@DJPie I think the 10th hole for Cam is a perfect encapsulation of why his game is beloved by fans. He is modern in speed and distance, has no fear at going at pins, yet when put into a tough situation has the craft around the greens that most bombers dont (10 today, 8 masters)
@pawluk_michael I have full belief CAW teams either already are or will be using AI to factor in trip handicapping into the algorithm. The sliver of an edge if any a retail horseplayer has today will be gone in the next 12 months.
@Luckismyfriend@fatbaldguyracin 1. reduce T/O & rebate for all
2. Cap all Caws (tracks know who they are) as a % of pool they are playing. No more than say 15%.
3. Allow same access to pool data to all players
4. No batch wagers inside final 5mtp
5. no canceled wagers unless a scratch for caw play final 5mtp
@Luckismyfriend@fatbaldguyracin Agreed it would disappear, I just dont think racing folks have the stomach to price out there largest customer and wait on the return of their most profitable customers, if that makes any sense. I think the answer lies in between what we have now and total removal. 1/2
@Gulfstream_Mike@mstanton1975@Silk1900 you wont ever see this posted by racing officials but I would imagine Horse racing profits are similar to this. With that said I think Kalshi could be an interesting market for horseplayers that wouldn't be infested by CAWs.
@mstanton1975 who can I talk to that understands how a mkt is created on kalshi? Why was the derby not available, and why is there not markets for Y/N on mjr races like Trpl crwn, BC Clsc, ect? surely horseplayers would be interested. @Silk1900 eludes to this on some podcasts.
@Luckismyfriend@fatbaldguyracin massive rebates to CAW is an issue, but the largest issue is the ability to wager in large batches at the last possible second instantaneously. the sophistication, precision, and scale of CAW teams cannot be understated.
@Luckismyfriend@fatbaldguyracin Agreed. Those left are surviving off of rebate, no doubt.
I just think it’s impossible to know truly how much a CAW deflates expected return. Some very smart people have suggested that caw pools raise effective takeout to nearly 30%. 30% to 18%, 12% “rebate” > 8% real, if true.
@fatbaldguyracin@Luckismyfriend It’s impossible for a retail player to truly comprehend the results of zero caw play in all pools. On flip side, how many more 7fig players would there be with no caw/ how many 7fig players have we lost in last 10 years? Direct result of caws even wit rebate