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Old 07-24-2007, 12:51 PM
robfla robfla is offline
Calder Race Course
 
Join Date: Mar 2007
Location: Strategically between Calder and Gulfstream
Posts: 1,892
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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
now i am misunderstanding YOU

one line you say not probable, but post the rules that say just that
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