last-cycle betting

Editor's note, by Dan Ross: Despite the New York Racing Association's efforts in recent years to limit Computer Assisted Wagering (CAW) participation in the Win, Late Pick Five, and Pick Six pools, the influence these teams exert in terms of last-cycle betting impacts appears to be growing in several other key pools, according to research conducted by economics professors Marshall Gramm and Nick McKinney, both of Rhodes College in Tennessee. Indeed, they found that since 2022, the percentage share from CAW players of monies wagered last-minute into the Exacta, Trifecta,...