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-   -   How to bet P4, p5 and Rainbow under new rules (http://www.derbytrail.com/forums/showthread.php?t=63175)

$bill 09-27-2017 11:08 PM

How to bet P4, p5 and Rainbow under new rules
 
If you are playing p4,P5 and rainbows using the Steve Crist method, how do you bet now? for example.:

If you bet a back up ticket that costs $2 and hit for $700 do you get taxed as before if it's the only bet on your ticket?

If you put a 2nd back up ticket for another $2 on same ticket then are you OK?

How do you put multiple bets/tickets together when betting online?

Thanks for any guidance

Holybull1 09-28-2017 08:22 AM

Quote:

Originally Posted by $bill (Post 1100190)
If you are playing p4,P5 and rainbows using the Steve Crist method, how do you bet now? for example.:

If you bet a back up ticket that costs $2 and hit for $700 do you get taxed as before if it's the only bet on your ticket?

If you put a 2nd back up ticket for another $2 on same ticket then are you OK?

How do you put multiple bets/tickets together when betting online?

Thanks for any guidance

From what I understand (grain of salt), if you bet live at the track, it goes by actual paper ticket. So if your $2 saver ticket hits, then you're taxed based on the $2 bet.

If you bet via an ADW, then all your bets into the pool count as your ticket cost, regardless of how many separate "tickets" have been placed.

Kasept 09-28-2017 09:40 AM

Quote:

Originally Posted by $bill (Post 1100190)
If you are playing p4,P5 and rainbows using the Steve Crist method, how do you bet now? for example.:

If you bet a back up ticket that costs $2 and hit for $700 do you get taxed as before if it's the only bet on your ticket?

If you put a 2nd back up ticket for another $2 on same ticket then are you OK?

How do you put multiple bets/tickets together when betting online?

Thanks for any guidance

Quote:

Originally Posted by Holybull1 (Post 1100193)
From what I understand (grain of salt), if you bet live at the track, it goes by actual paper ticket. So if your $2 saver ticket hits, then you're taxed based on the $2 bet.

If you bet via an ADW, then all your bets into the pool count as your ticket cost, regardless of how many separate "tickets" have been placed.

On track, if calling bets to a mutuel clerk, you will want to have them assemble the plays on a single 'punch' which they absolutely can/will do.

ADW accounts will bundle your plays in any single pool you're betting into.


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