Jason Martin

[Jason Martin @jtm8683]

@PlusEVAnalytics @JeffreyKohl Spam doco at it.. have it rewrite to markdown.. always be as explicit and detailed as possible... Ask it to check it's work versus actual logs and data... Play contrarian at times

[Jason Martin @jtm8683]

@PlusEVAnalytics Lol! But the code is no longer broke...

[Jason Martin @jtm8683]

@halfkelly @GoodJuJuPete @PlusEVAnalytics @GoodJuJuBets My uncle's third cousin's friend said as long as you hit the button twice within a half second you're sure to win. I trust him more than that silly mathes you're talking bout.

[Jason Martin @jtm8683]

@TRACKGABE @AmWager @santaanitapark If you win $500 in the payout.. you'll get $591 ($91 credited the next morning)

[Jason Martin @jtm8683]

@TRACKGABE @AmWager @santaanitapark If you hit a WIN wager we credit your winnings plus the equivalent takeout. In this case an extra 18.2% on top of the winning amount up to $100 total.

[Todd Saunders @toddsaunders]

The token cost to build a production feature is now lower than the meeting cost to discuss building that feature.

Let me rephrase.

It is literally cheaper to build the thing and see if it works than to have a 30 minute planning meeting about whether you should build it.

It’s wild when you think about it.

This completely inverts how you should run a software organization. The planning layer becomes the bottleneck because the building layer is essentially free. The cost of code has dropped to essentially 0.

The rational response is to eliminate planning for anything that can be tested empirically. Don’t debate whether a feature will work.

Just build it in 2 hours, measure it with a group of customers, and then decide to kill or keep it.

I saw a startup operating this way and their build velocity is up 20x. Decision quality is up because every decision is informed by a real prototype, not a slide deck and an expensive meeting.

We went from “move fast and break things” to “move fast and build everything.”

The planning industrial complex is dead.

Thank god.

[Jason Martin @jtm8683]

@Rick21487225626 @InsideThePylons Not possible. For every $1 bet 0.80 (on average) is paid out. That $5 ticket costs the track $4 (and change for fees) if its bet on track with normal takeout rates.

[Jason Martin @jtm8683]

@EJXD2 @GardinerCg @atTheTrack7 @polarcritter @AndrewChampagne @InsideThePylons Isn't that actually illegal is some states? To show will pays prior to final leg.. (NY)

[Jason Martin @jtm8683]

@stoolpresidente @stoolpresidente If you used https://t.co/1qYJ8c4Nsw you could see that horse was going to drop.. we had him at 2.4:1 15 minutes before the race.. Quite simply our players have an edge over everyone else.

[Jason Martin @jtm8683]

@zeroXhope @Dexerto Show a human a bunch of something.. train them how it was made.. celebrate when they make something that looks similar..

Show a computer a bunch of something.. train them how it was made.. get mad when it makes something similar..

[Jason Martin @jtm8683]

@St1ka https://t.co/3XINZiaQuV

[Jason Martin @jtm8683]

@jenstirrup @LitMoose Which will happen in tons of corps and government offices once they allow AI at all.. its how Teams still exists.

[Jason Martin @jtm8683]

@ArmstrongAlex @EJXD2 @DeltaDowns US racing takeout rates are the lowest in the world on horse racing.
The problem isnt the takeout rate, or the CAWs (they are in all betting). The problem is the quality of the product. (amount of runners per race and of equal(ish) quality)

[Jason Martin @jtm8683]

@ArmstrongAlex @EJXD2 @DeltaDowns Sure if its a 2 runner race like most sports bets are.. Calc the rake on somethign with more outcomes like a car race or bike race on the books.. 30%+
Single game parlays.. 45%+

[Jason Martin @jtm8683]

@byronrogers73 @tactical_speed @craigbrogden @nationalhbpa Wait they did offer markets on TC races? ...

[Jason Martin @jtm8683]

@tactical_speed @byronrogers73 @craigbrogden @nationalhbpa Should they start winning those battles, the math changes. If they win the "we aren't gambling" battle, they've already won the battle against IHA. Then the risk to enter becomes near 0.

[Jason Martin @jtm8683]

@tactical_speed @byronrogers73 @craigbrogden @nationalhbpa They are not currently supporting horse racing markets. They are already fighting numerous battles.. why would they add another fight for likely pennies of liquidity compared other markets? Horse racing simply isnt popular enough to warrant the additional risk at this time.

[Jason Martin @jtm8683]

@PaulMattiesJr In the past tracks would go so far as manual merges. (literally typing in the amount bet on each combination from each host) As exotics expanded that became harder and harder to do and also in today's regulatory enviroment it exposes too much liability.

[Jason Martin @jtm8683]

@PaulMattiesJr I agree with you, but I also know the conversations that happens in the race/mutuels office.