
10-16-2008, 04:23 PM
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Saratoga
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Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by mes5107
Right now, there is a crapload of red tape that is holding everything up. Lots of negotiations and jockeying for position between tracks, ADWs, and horsemen. There are tons of people on this board more knowledgeable than me about this situation.
If you want to bet every major track from one account, the best way to do it is offshore. They take bets on most signals, but are not licensed by tracks, and therefore don't take your money and put it into the racetrack pool. Most pay at track odds up until you hit more than a 300-1 win, where they cap the payout. Offshore books usually give a rebate between 3-8% on all of your wagers.
I just can't bring myself to wager through the offshore books because jockeys, trainers, owners, the racetrack, etc do not see any of the money that I bet.
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And the fact is your money safe off shore? Show me a off shore that pays within 3 days like Twin Spires or Youbet and every single person on this board should go to that site.
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