Mike Maloney
@Silk1900
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Horseplayer and co-author of Betting With An Edge
Lexington, KY
Joined January 2014
I think it would be beneficial to all for @KeenelandJim to explain how Keeneland has "addressed that (CAW) issue in other ways." Because I don't think it's working.
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Three tracks can handle working a new plan with CAWs - they have government revenue and sales revenue. Keeneland, KD and CD. The problem with that is KEE and CD were 16%|19% juice and they raised it. KD raised takeout. They increased margins for, and *helped* the CAWs win more
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You won’t find a much more convincing argument for a CAW cut-off than this. Of course, this is the result of one group getting the opportunity to bet last. And it will keep getting worse if tracks don’t come up some reasonable and comprehensive guardrails for CAWs.
FEW PEOPLE UNDERSTAND THAT OUR PARIMUTUEL POOLS NO LONGER REFLECT "CROWD WISDOM." The Exacta Payouts for Keeneland R2 on 10-16 were totally manipulated to achieve HEDGING PARITY by CAWS, who made roughly $130,000 on this HEIST. They had nothing to do with Inside Info or Hackers.
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Breeders Cup. John Gaines Championship Day creation to highlight what racing has to offer established and hopefully new fans. We have lost our way.
No 2-Minute CAW Cutoff In Win Pools For Breeders' Cup at Del Mar
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44-1 over 53-1 exacta pays ...? in a 11-horse field...LOL @keenelandracing #shutupandbet
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My phone blowing up at these EX and Tri payouts w the two longest shots on the board . This obviously got past posted no chance that EX could pay that its missing a zero @keenelandracing
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the worst exacta in horse racing history now belongs to keeneland… grisales over doyle!!
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44-1 over 53-1 pays $286 for a buck. This is the type of hit that should keep you afloat for several weeks, months, whatever. But instead, this might not get you out for the day, depending on how aggressive you are. What is going on?
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Keeneland race 2 I’ve been watching Keeneland racing for over 50 years and exacta and trifecta prices in race 2 are the most questionable I’ve ever seen. Both seem impossibly low by my math and experience. @keenelandracing @KeenelandJim @Shanbisharv
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@EJXD2 @keenelandracing @LaurelPark @GulfstreamPark @JACKThistledown @PID_Casino @FlGaming Its pretty obvious upon seeing these ridiculous odds drops at Keeneland that so much of their handle is CAWs now. Its heartbreaking to us because its always been considered an elite track both for racing and wagering.
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Totally agree David. Very bad look. You would hope the customer’s wagering experience would matter to @keenelandracing @KeenelandJim @Shanbisharv
Lynn's Milky Way drops from 8-1 to 3-1 right after the gates open for @keenelandracing's 8th. Yes, you could see the CAWs were on her in the P3 will-pays, but it's still terrible optics for regular customers. This should be unacceptable, but apparently nothing will be done.
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If you are a fan of @keenelandracing then you should be letting @KeenelandJim know that ridiculous odds drops like this one in R7 where the winner was 12/1 at the start of the race but only 6/1 when he crossed the wire are a travesty and show a complete disregard for players.
If you didn’t think that late odds drops @keenelandracing could get any worse, you were wrong. In R6, the winner’s odds (#3) were cut in half during the race. It’s time to stop saying you have the problem under control and actually do something to fix it. @KeenelandJim
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If you didn’t think that late odds drops @keenelandracing could get any worse, you were wrong. In R6, the winner’s odds (#3) were cut in half during the race. It’s time to stop saying you have the problem under control and actually do something to fix it. @KeenelandJim
And let’s not forget the awful late odds drop in the first race today @keenelandracing where the odds on the winner, the #1 horse, plummet from 9/2 to 3/1 after the gates open. It’s time to follow the NYRA, DMR, and SA lead and cut off CAWs at 2MTO @KeenelandJim
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Thanks Craig. Tracks do an inadequate job of ensuring accuracy in their timing data and you have cleaned up their mess for years. You sir are a true friend of the horseplayers. An Eclipse award for lifetime contribution to racing is hopefully in your future.
Geek alert... Timing tutorial and how I confirmed the Champagne was timed correctly from start to finish. I'm using the Discovery, R2 on the card, for comparison. Nobody is questioning the times of that race. I begin by noting when the winner hits the finish as displayed below:
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Keep beating the drum @HorseToWatch and maybe @keenelandracing and @KeenelandJim will eventually listen.
And to keep beating this drum, Blackout Time dropped from 5/2 down to 3/2 just as the gates opened.
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Three people max might care about this, but I expect better from a top circuit like @TheNYRA : R7 Thu, 1 1/16m, outer turf, rail at 9 feet, run listed as 140 feet. R5 and 8 Fri, 1 1/16m, outer turf, rail at 9 feet, run up listed as 170 feet. The gate is in the SAME PLACE.
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Some good points made regarding CAW wagering.
Ever wonder why horse racing is not as popular or financially successful as it was in the past? The biggest reason is that it has failed to offer a competitive entertainment and wagering product that's attractive to the general public. That wasn't always the case, in the early
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@BSouthstreet @BeychokRacing @fbwinners @keenelandracing @keeneland If you don’t realize the optics of wagering are just as important as the reality of wagering when it comes to attracting *any* new customers to the sport, let alone losing existing ones, then I don’t know what to tell you.
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