Derby Trail Forums - never question payouts

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Quote:

Originally Posted by berreman150

thanks dunbar will try that so far no response from allhorse, as far as the payout the $2.00 tri paid 1073.00 I played a $1.00 tri that cost $12.00 received 300.00 all I know is the person I talked to said 300x the dollar I bet was the payout . I asked what happens if I play a $1.00 superfecta and it pays say $10,000.00 what would I get if I won he said 300xthe dollar bet. Dont really know why I used them (stupidity)? anyway lesson learned will stick with youbet or winticket from now on

berreman, when you write to SBR, don't spend any time complaining about the 300-1 at Allhorse. That was in the Allhorse rules. What's not acceptable is them freezing your account and not paying you.

Before emailing SBR, you might try threatening Allhorse with the fact that you will write SBR and every other industry watchdog/forum with the fact that Allhorse is a "no-pay" site.

--Dunbar

Quote:

Originally Posted by Dunbar

Are you are saying that the tri payout is capped at $300, regardless of how much you bet or what the odds are? If that's what you are saying, I am quite sure it is NOT true, at least in general. I know of no racebook that caps the tri payout at $300. There may be an isolated racebook that does cap the payout at $300, but that is most definitely NOT the general rule. If you bet $2 on a 400-1 tri at any major offshore race book with a 300-1 cap on tris, you would get paid $602.

Here is part of World Sports Exchange's "rules" for horseracing bets:

"The maximum amount for any win, place, or show wager is $2,000.

The maximum amount for any exacta, quinella, trifecta, or Daily Double wager is $200.

Trifectas pay track odds, with a maximum payout of 300-1.

Exactas, quinellas, and Daily Doubles pay track odds, with a maximum payout of 100-1. "

This is pretty typical, though it's important to check the rules of any racebook you might be interested in. World Sports Exchange is on of the few offshores that doesn't cap WPS odds.

Some racebooks don't cap the odds on tris or other exotics, but have a cap on the total you can win from an individual race. At CRIS (Bookmaker), the cap ranges from $30,000 at major tracks down to $5000 for very minor tracks.

--Dunbar

Dunbar: I hit a tri for 900 and a super for 1500 on Bodog......and they paid 600 total! That's fact!

Again, why would a person use a service that had a $300 top when other services pay in full? Do you not pay monthly? Do you not pay to bet? Are there only certain tracks that this service has? What I'm saying is, how in the world are these types of services in operation? Seriously, if someone told me I can bet a tri, but if I hit it for a grand I would only get $300, I wouldn't bet with them.

Quote:

Originally Posted by SilverRP

Hindsight is 20/20:)

Quote:

Originally Posted by timmgirvan

Dunbar: I hit a tri for 900 and a super for 1500 on Bodog......and they paid 600 total! That's fact!

I'm not disputing any part of that. You must have had a $1 hit on the tri and a $1 hit on the super. Had you for some reason bet $2 on each winning ticket, you would have been paid $1200.

I don't bet Bodog, but from its rules, it looks like they are now capped only by a 'total win per race'. I can't find a reference to a 300-1 limit on exotics, but maybe I missed it. And maybe they used to have the 300-1 limit you experienced, but then switched to the Pinnacle model of capping the total amount of win.

I agree with Silver that you should never bet tri's at a book that caps the payoff unless you are absolutely certain your payoff will be under the cap.

--Dunbar

Quote:

Originally Posted by SilverRP

Again, why would a person use a service that had a $300 top when other services pay in full? Do you not pay monthly? Do you not pay to bet? Are there only certain tracks that this service has? What I'm saying is, how in the world are these types of services in operation? Seriously, if someone told me I can bet a tri, but if I hit it for a grand I would only get $300, I wouldn't bet with them.

I totally agree, but i guess...

people make mistakes. he admitted it was a mistake.

people use different sites for different reasons ( rebate, a friend told them about it, advertising, good looking web site, etc. )

Thats why there was pinnacle, sbg, sportsbook, bodog, etc.... Diff strokes for diff folks

I'm guessing that he saw a nice banner ad somewhere and took a shot.

____________________________

To the OP: Dunbar gave you some good advise, don't bring up the 300:1 rule, just concentrate on getting your money without a big stink.

Good Luck

I know for a fact that sportsbook pays 300-1 to one on all bets regardless of how much you bet. As long as its a dollar ticket, it pays 300-1. Sportsbook used to have some really good bets, but over the past several years, their customer service has hit the fan and bet variety and odds have gone way down. As mentioned before, bookmaker is an excellent site, from which you can bet a number of events.