Benter speech Or is it their computer programs are far superior to anything we might be able to get our hands on at present?
They just make huge bets, aiming to break even or make a small profit. They make their profit from rebates. Apparently their software is fairly good, but the problem is that they bet so much on the logical horses that it is difficult for everyone else to make money on the logical horses. If you don't get a rebate, you can do just as well as them and still make only a very small profit. If you're betting $10 a race, a 5% average return is not going to net much. If you bet thousands, get the 5% and get a rebate on top of that, you're doing pretty well.