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Originally Posted by Dunbar
But in this case, the horse scratched before the pool was even open for betting. The bet should never have been accepted.
I think Linny is most likely correct--the bettor will probably get the favorite at the time the pool closes. But what happens if the favorite happens to be the other horse in the exacta? Go to next favorite?
--Dunbar
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I see your point, but my guess is refund and no substitution.