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lilredrooster
lilredrooster
Joined: May 8, 2015
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February 24th, 2017 at 9:10:12 AM permalink
Quote: onenickelmiracle

That's true. You'd think in horse racing, you're against real people betting, but there are massive organizations with computer programs betting millions based on their analysis and it's all set up with the tracks. The tracks still get their cut, so they don't really care.



From the link:

"Initially, track management knew very little about these gamblers who created algorithms to identify betting opportunities and cover far more wagering combinations than a human ever could."

What I don't understand about this bot betting is that if you bet a great many combinations in the exotics, unless your combination that hits scores with 2 shots in the exacta, tri and fecta I can't see how you're going to win. And that doesn't happen that often. Obviously if you bet in the exacta pool with lots of different combinations and low odds horses win, which happens very often, then you may have won a bet or 2 but overall your play will lose money. Same with the tri and fecta. The only way I can see this strategy working is with the shots. So why not limit it to just the shots? Or just to plays with 2 shots in the tri and fecta. But I might very well be missing something.

http://www.paulickreport.com/news/ray-s-paddock/i-robot-the-future-of-horse-race-wagering/
Last edited by: lilredrooster on Feb 24, 2017
everybody wants to go to heaven. but nobody wants to die.
Ernesto
Ernesto
Joined: Feb 19, 2017
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February 24th, 2017 at 12:24:46 PM permalink
Grew up with Mike Warren in Pikesville. MD. Got his start selling a horse pick system, bet till you win $100 that day, then go home.
In 1970's he had so many customers, phone lines would get jammed on Saturday mornings. You had to wait 3 to 5 minutes in Pikesvilee to get dial tone. Sometimes sports sections of TV news would lead off with score on Mike's hot game, teams might not be in top 10 rankings.
Back then Jimmy the Greek on TV would give pix as winning by a field goal or a touchdown. NFL did not want points on picks.
Mike has a new website, don't go there, says his NEW system is picking 80% winners HAHAHA
lilredrooster
lilredrooster
Joined: May 8, 2015
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February 24th, 2017 at 1:36:31 PM permalink
I grew up in MD too. Pimlico, Laurel, Rosecroft. I quickly learned the great racetrack tradition of throwing your losing tickets on the floor.
everybody wants to go to heaven. but nobody wants to die.
RS
RS
Joined: Feb 11, 2014
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February 25th, 2017 at 12:25:25 AM permalink
Most pick sellers and touts are legit. For more information, follow me on twitter @vegasdave
"should of played 'Go Fish' today ya peasant" -typoontrav
klimate10
klimate10
Joined: Feb 6, 2012
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February 25th, 2017 at 7:19:12 AM permalink
I have a friend who used to used all the equity in his bar business to sports bet, won millions, and is now retired thanks to sport betting.

Now he works as a Walmart door greeter 40 hours a week because he's bored of retirement and wants something to do.

I'm gonna have to try this @vegasdave guy. Seems legit!
Mission146
Administrator
Mission146
Joined: May 15, 2012
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Thanks for this post from:
Rigondeaux
February 25th, 2017 at 8:24:48 AM permalink
"Welcome to Wal*Mart, Falcons plus three in the big game."

"Welcome to Wal*Mart, you've got to take New England and lay the points."

Thinks to himself, 'This is great, one of those customers will think I made the right call!'

Meanwhile, he keeps welcoming people to Wal*Mart and ends up with $0.00 in actual action on the game.
Vultures can't be choosers.
JoelDeze
JoelDeze
Joined: Apr 20, 2016
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February 25th, 2017 at 9:23:04 AM permalink
Quote: Rigondeaux

Here is a good Twitter follow on the subject. Groovin is, to the best of my knowledge, a very successful bettor.

For some reason, he is obsessed with discrediting touts. He is a somewhat abrasive character, and many in the anti-tout community are far more abrasive.

He also shares some pretty good info, often in the process of discrediting a tout by pointing out mathematical errors and so forth.

https://twitter.com/groovinmahoovin



So, you share a link to a twitter user who links his site which is also a forum that allows sports picks with no arguments from a person who is argumentative on the subject? The hypocrisy is strong in this one....

I guess this is what someone could call indirect advertising or perhaps it should be called redirect advertising.
“Know where to find information and how to use it; that is the secret of success.” – Albert Einstein
Ernesto
Ernesto
Joined: Feb 19, 2017
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February 25th, 2017 at 9:49:52 AM permalink
Quote: lilredrooster

I grew up in MD too. Pimlico, Laurel, Rosecroft. I quickly learned the great racetrack tradition of throwing your losing tickets on the floor.



For me it was Belair, Havre De Grass , Marlboro, Cumberland, Timonium, Pimlico Laurel & Bowie. Only 1/2 mile left is Timonium and
only 7 days. Real advantage play back in 50's and 60's. Took 5 or 6 seconds after horse left the gate until mechanical tkt machines shut down. One guy with binoculars shouting # of horse who broke on top, his partner at $100 window. Not guaranteed winner, but at 4 and 1/2 furlongs definetly AP
lilredrooster
lilredrooster
Joined: May 8, 2015
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February 25th, 2017 at 11:39:53 AM permalink
Quote: Ernesto

For me it was Belair, Havre De Grass , Marlboro, Cumberland, Timonium, Pimlico Laurel & Bowie. Only 1/2 mile left is Timonium and
only 7 days. Real advantage play back in 50's and 60's. Took 5 or 6 seconds after horse left the gate until mechanical tkt machines shut down. One guy with binoculars shouting # of horse who broke on top, his partner at $100 window. Not guaranteed winner, but at 4 and 1/2 furlongs definetly AP



Great story. Remember the signers? The track janitors who for $50 would sign paperwork for your win over $600. I didn't do that. Not guilty. But I knew about it.
everybody wants to go to heaven. but nobody wants to die.
Ernesto
Ernesto
Joined: Feb 19, 2017
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February 25th, 2017 at 11:48:36 AM permalink
Pimlico is down to 28 days. Only a share of casino profits keeps the owners from selling the land and " THE PREAKNESS "
What a racket ! Best thing about Timonium was , and still is, just not 30 days anymore, betting a race and watching it from the ferris wheel at Maryland State Fair. Nibbling on hot buttered cob of corn that cost $1 back then.
And of course on Preakness day charging people $5 to park on front lawn of a house on Roger's Avenue. Home owner not too happy when he got home... HaHa

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