From Thoroughbred Daily News:

https://www.thoroughbreddailynews.com/gramm-mckinney-study-shows-late-caw-activity-in-ny-pools-is-growing/

TGJB: Wait til you see the one tomorrow.

Boscar Obarra: Did we need a study to determine all this ? Been painfully obvious to anyone who isn\'t brain dead.

 They understate the real impact.  Why not show the average change in winning payoff on the last flash .  

 I don\'t bother to track that , but I think it would be a lot of fun to reveal the number.

 When they are right you get chopped big time (up to 50%) , and when they are wrong (yeah, they are wrong once in a while )  you get a 10 or 15% bump .