Parimutuel betting pools are less attractive to truly savvy bettors, profit-motivated and deep-pocketed, because there's no way to be sure your advanced insight

Parimutuel betting pools are less attractive to truly savvy bettors, profit-motivated and deep-pocketed, because there's no way to be sure your advanced insight, at a particular point in time, will have a positive expectation when the betting is done.