Edge math help regarding horse racing favorite...

[trytrytry]

I’m illinois too and grew up watching boom boom Ronnie marsh, busse, paisley and my fav Darrel Jacobs...used to love the old 5/8 track at sportsman park....fixes a plenty back then....I used to work with old man Stanley banks daughter Back then and he would give me his live horses at times...fun times back then....now one thing I’ll say is that the biggest scum of earth is Ooosting, drunk wife beater rap sheet longer then this post

Loved Chicago harness in early 90s! early days of OTBs across the state...

Loved LEvine and his famous call "OH that Clancy"

https://www.daily-journal.com/sports/trot-topics-former-track-announcer-recalls-highlights/article_137d213f-479e-5506-9a69-4d15330e5056.html

[jjgold]

Harness Racing long gone

No idea why they even have it anymore

little volume

[littlekona]

Loved Chicago harness in early 90s! early days of OTBs across the state...

Loved LEvine and his famous call "OH that Clancy"

https://www.daily-journal.com/sports...5330e5056.html

Yea he was nuts....I remember him singing and Clancy getting nailed on wire......wire grass Kerrigan was my fav horse back then...

[Barrakuda]

It's beatable with exchange wagering. Also beatable parimutuelly with high rebates.

Which exchanges do you use for US racing?

Does anyone offer better than 8% rebates (BOL)?

[Goat Milk]

Who has time for math bro?

[sweethook]

2nd fav wins over 30% of the time , gl

[Foxx]

Which exchanges do you use for US racing?
Does anyone offer better than 8% rebates (BOL)?

For exchanges, Betfair is you really all you need. If you're in a restricted country for the main site, I think there may be a way to access it through one of their skins. The only problem with Betfair is the dreaded Premium Charge. I used Betdaq in the past, but they restricted my country some years ago and I haven't found a way back on. Betdaq liquidity was always a bit paltry for USA racing anyway so it wasn't too big of a loss. I know Fairlay has horse racing markets, but the USA markets don't seem to be too active from what I've observed. They might be ok for racing from other countries like UK.

For rebates, I thought BOL was 7% which is solid. I think 5dimes has a 10% winning ticket bonus option for Win and Exotic Tickets or a rebate option that can be as high as 9% on exotics depending on track. Neither book takes kindly to sharp horse action though so will restrict your racebook action if they perceive you to have an edge. I burned through most of the non-parimutuel offshore racebooks a long time ago and just put my action through parimutuel outlets now. If your betting volume is over a million per year, you should be able to negotiate rebates higher than what places like 5dimes or BOL offer and you don't have to worry about max payouts or odds caps on big tickets. Even if you wager less than a million, say 500k/year, you can get parimutuel rebates on par or better than the offshores.

[littlekona]

For exchanges, Betfair is you really all you need. If you're in a restricted country for the main site, I think there may be a way to access it through one of their skins. The only problem with Betfair is the dreaded Premium Charge. I used Betdaq in the past, but they restricted my country some years ago and I haven't found a way back on. Betdaq liquidity was always a bit paltry for USA racing anyway so it wasn't too big of a loss. I know Fairlay has horse racing markets, but the USA markets don't seem to be too active from what I've observed. They might be ok for racing from other countries like UK.

For rebates, I thought BOL was 7% which is solid. I think 5dimes has a 10% winning ticket bonus option for Win and Exotic Tickets or a rebate option that can be as high as 9% on exotics depending on track. Neither book takes kindly to sharp horse action though so will restrict your racebook action if they perceive you to have an edge. I burned through most of the non-parimutuel offshore racebooks a long time ago and just put my action through parimutuel outlets now. If your betting volume is over a million per year, you should be able to negotiate rebates higher than what places like 5dimes or BOL offer and you don't have to worry about max payouts or odds caps on big tickets. Even if you wager less than a million, say 500k/year, you can get parimutuel rebates on par or better than the offshores.

I have noticed that BOL must of changed horse race provider as limits are extremely high and many new tracks including international plus they have 10 cent base supers and 50 cent pick 4 / 5

I am giving them more action now....does anyone know though if BOL pays consolation tickets on pick 5 or 6
on top of the 4 of 5 and 5 of 6 payout per track payouts on top of the 6 of 6 payout