Um, have you read the posts in this thread? How do you think this thread is 200 posts long?

But I completely agree on your 'dead horse' analogy!

Starting Price blows goats. It only exists to guarantee bookies their percentage with 0% risk.

Sorry not following this blows goats thingy.

Obv in the land of the free you get ripped off more than here, if you only get starting price????

Our poxy totes offer Fixed price betting prior to jump and starting price of tote odds.

The online Bookies offer Fixed price, Starting price, best of 3 totes prices and best odds etc plus pre post betting 2 days or so earlier when markets get put up prior to Normal Sat Racing, then there is Betfair. But I know from having made a mistake or 2 that unless you cancel immediately it stays as a confirmed bet.

Been a while since I have been on course but the Bookies mostly offer a Fluctuating Odds Price service based on a mix of tote odds, their holdings and WHO is backing what horse also a Phone line to take punters and other bookies back bets etc. I have never successfully cancelled a bet on course but did 2 online as I contacted them within 30 secs.

Zelco for the Win.

lol... yeah, augie_ was responsible for ~150 of them

Agreed

For the record, I didn't intend that comment to be an insult in any way. It just served as a preamble to my explanation of how pari mutual betting pools operate.



It wasn't my analogy. Again, I was just attempting to correct your understanding/reaction to the individual who used horse race betting as an analogy.

Cliffs plz

OP and Shaun Deeb bet. Deeb cancelled unilaterally. OP mad. Forum agreed Deeb wrong.

Augie wants some attention and be a contrarian. Made ridiculous and nonsensical arguments. Lost to forum. Made some more stupid claims. Lost to forum. Become a trolling mod. Upsets everyone.

OP and Deeb bet back on. Everyone happy. Except Augie.

As someone mentioned, a bet at the racetrack may be canceled right up until post time.

In craps, a "don't" bet may be picked up at any time as may any bet in which the odds favor the player.

The commonality here is that all parties know the cancellation rules up front.

"Up front" seems to be what's missing in this case.

The key difference with horse betting is that it's parimutuel. It's fair to allow betting and canceling at any point before the event because the odds are based on how much money is bet on each horse at race time, not when you place the bet. If information comes out before the race, all bettors are free to change their bets accordingly.

For a bet like this, which is more like a sports bet, your odds are fixed when you make the bet. That's why it's unfair to allow canceling a bet. You could just let the bet ride when favorable information comes out, and cancel it if you get unfavorable info. The odds you get on the bet are based on an estimation of future events. Whatever happens before the event is part of the risk.

All these analogies to forms of betting where prior knowledge doesn't affect the EV are absurd.

Cliffs are post 1 and 71

Rest is alot of bad analogies and a mod going crazy then going silent when he realises how wrong he is.

Want to sweat this bet and hoping Shaun wins this.

Can someone confirm the teams?

Is it Shaun - Team Gorodinsky?

OP - Team Turborungood?

Someone who knows please confirm - teams are listed here - www.25kfantasy.com

Hope deeb wins