Quote:
Originally Posted by acorn54
if you really want a dose of realism about the game nowadays i suggest you google "benter" and "multilogit regression in horseracing". the amount of intensive labor "those betting teams" put in to make a profit, makes it seem like folly for us "mortals", to compete against them in the parimutuel markets.
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To be honest...I am not intimidated by the handicapping prowess of "those betting teams". What bothers me is knowing that our game doesn't have a good record of protecting itself against any unscrupulous acts that might be perpetrated by an "outlaw" hi-tech group. Certain irregularities that I see out there force me to harbor dark suspicions that these during-the-race odds adjustments aren't just due to "multi-logit regressions"...and that's the main cause of my concern.
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"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
Last edited by thaskalos; 03-03-2019 at 12:46 PM.
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