CAW and Billy Walters

[Boscar Obarra]

I cant find enough data to pass judgement on whether this was a cancelled bet or not.    

  PARX does not show the odds in the gate, so unless you\'re watching the live feed , no way to tell what happened after the fact. Winner was 8-1 on the ML and went off 1-1 , ran with enthusiasm.

[TGJB]

The reason they have to be able to bet so late, theoretically, is that depending on the odds they could be betting anyone or any combination. Again theoretically, they are not trying to pick winners.

Past posting is a whole separate can of worms.

[Fairmount1]

#8 was 5.6-1 late in the wagering.  The imputed Double odds were 5.2-1.  The off odds were 8.1-1.  These are per Ed DeRosa\'s post on X.

Further in the string, it is reported that $3,506 was bet in the final flash in the show pool yet only 58 dollars was bet to SHOW on the 8 in that final cycle.

And it is also noted nearly every exotic involving the 8 horse Doubled in that last cycle.  

The CAW\'s just pounded that favorite is all that happened.  It is just a coincidence the jockey fell off in a few strides and the win, exotic, and show pools all reflected a far less chance for the 8 to be a part of the payoffs.

[Roman]

Correct, not picking winners, just making the market to efficient and taking all the value out of the pool. And with there \"deals\" & rebates, they cannot lose money.

[catcapper]

I haven’t finished reading this thread yet, but I have been following the discussion here re the CAWs.

Two things I have to add.
First, I’m just going to say it—- this is the EPSTEIN of horse racing and its parimutuel gambling.
It is corrupt, skewed, and abusive to everyone else. The tracks themselves are co-conspirators. Shame on them. They are eating their own.
This is all still mostly in the dark but needs to be brought into the light.
I think the discussions on this board are probably the only effort out there to do so. Please keep it up, persevere.

Second: Horseplayers lack effective litigation resources. Is there any chance of a horseplayers association forming and retaining real litigation powers? i.e. real shark lawyers. I would pay dues to that end.

If something isn’t done, the game will continue to lose players as payouts continue to diminish.
I remember when Saratoga turf triples were routinely 4-figure payouts. I have no problem betting $100, $200 to hit that, but I ain’t going to lay $10 down to hit a $75tri
Multi-race winning wagers were once upon a time routinely close to life-changing payouts, and it took bucks and balls to play one.  Now, three and four figure payouts in multi-race wagers are routine.
 Too many races payout a pittance for the effort regular live players put in,  even on big days.
And that isn’t because some people have better data. It is because of the CAW corrupt wagering models allowed by THE TRACKS THEMSELVES, who are truly the greedy guilty party in this downward spiral.
We fight it or we die.
They are killing the thrill.

And likewise, I have scaled back my wagering.  It’s not worth it on most races now. I love numbers and handicapping, but the thrill is in cashing a big ticket. And the Thrill is bleeding out.

I will help do whatever it takes to free our parimutuel wagering from this CAW parasite. We need organization and leadership. This is not a naive plea.

[TGJB]

There’s a class action suit out there, and the attorneys involved are no joke.

[Boscar Obarra]

I\'d like to see what the odds on everyone did.   There was only 4500 on the riderless horse.  Talking small money here.

[catcapper]

Yes! Ok, now I do recall reading a headline about that.
I will try to keep up on that, but please keep the board updated, too.
If you feel there is any immediate thing a solo bettor effectively do towards this rectification, please let us know.
Thank you

[Boscar Obarra]

They are handicapping / playing off information. Not just price fishing.

   If it was the latter, they would would win a LOT less often

   I\'d guess they are right about who is live 75% of the time or maybe a little more

    That would be impossible if they only played \'overlays\'

[catcapper]

Me, personally, thinks the horseracing industry ought to focus on:
1a Diminishing foal crops
1b Rooting out the CAW financial parasite that is skewing and thus impinging on fair parimutuel outcomes.
Such conduct only diminishes all aspescts of the industry and sport, financial, social, municipal, etc.
The tracks are the host and the CAWs are the parasite that are devouring the parimutuel pools.
This is a slow kill of the body itself. We need to deworm and the tracks just have to swallow the medicine.
We can\'t stand by and just die

[jbelfior]

As in race 2 at Parx yesterday. Jock falls off the 8 at the start, odds go from 5 to 8-1.


Good Luck,
Joe B.

[Boscar Obarra]

Just happ to tune in for the 9th today, good example of how the CAW really play, despite all fake hype.

  The crushed the winner, and the winning exacta. They had it both ways in case the Rudy holds on .

  They tossed the 5 completely. Shortish odds.

  This is not playing to get 95 cents back on every $1 bet.