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by primeradical
393 days ago
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The algo bettors aren't using kiosks at the track. They're using dashboards and monitoring live video feeds. At least in my experience in the US. Most of the serious younger bettors are feeding daily form PDFs into an LLM and getting analysis, and placing bets using custom apps, rarely using UIs from the larger ADWs (advanced deposit wagering company). Older bettors are using phone wagering for larger bets. There is never a shortage of kiosks available for casual fans. Most tracks are either owned or partnered with ADWs that all have mobile apps, or sites for placing wagers, and casuals are encouraged to use those as they're more sticky after they leave the track. Even if algo bettors are influencing the odds because they're throwing money around, the house doesn't care because its percentage cut is the same (parimutual), and the casuals aren't bothered because they can't even tell what's happening. The totes are the ones analyzing fraud and abuse, and they don't care what tea leaves you read to place bets. They just care about avoiding government oversight and ensuring profits for the ADWs and tracks. Source, formerly a SWE for an ADW |
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