Originally Posted by
kewlJ
I probably should have used a moneyline sportsbet as my example rather than the Eagles +7.5 (where vig comes into play). Let's change the example to a bet on Eagles at +280 when placed and it moves to +135 by game time.
Nobody would stand for that. Your wager is based on the odds at the time of the wager and those odds are based on what has been bet up until that point. I don't see why horseracing shouldn't be the same way. Why should wagers and the betting pool made after your wager effect your wager?