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Originally Posted by robfla
some websites have a 300:1 max - some have higher max's on exotics.
if they say 300:1 then that is the base of the ticket regardless of investment/combinations
i am sure this is true. and I dont want to debate it. but i would venture to guess that if you invested $200 and it paid 60,000 I hardly think you wouldnt get the 60k. that is still 300:1 on investment but not on base.
I also think if it paid 5100 for the 17 ticket they would have given you a hard time. they might even take back the 120 overpaid already.
bottom line... I would always use a US based site that is reputable and submits their action to the track ( xpress, youbet, etc ). unless pinny comes back to the US
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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