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Originally Posted by atolunch
Its a "signer" if the payout is greater than $600 to $1. I've had several .10c superfecta signers hits.
Am I missing something, what do you mean by it was played for $2, and wouldn't have to sign if played for $1?
My understanding is how much the ticket is played for has no impact on if its a signer or not. For example, if you play a ticket for $400 to win and the horse pays $4 to win, you'll cash for $800, but that's not a "signer" even though the payout exceeds the limit.
Please explain further, if I'm wrong.
Not trying to start trouble, just curious if I should be playing things a different way when I place wagers.
Thanks in advance.
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Ok, no problem explaining. The tax code was written for $2 base tickets, so if you notice, it says either 300/1 or $602 per wager, or something to that effect.
Lets say you play these two tickets on the same race
$2 Trifecta 1 with 2,3,4,5,6 with 2,3,4,5,6 Total $40
$1 Trifecta 1 with 2,3,4,5,6 with 2,3,4,5,6 Total $20
The $2 trifecta payout is $800.
You would have to sign for the $2 ticket because it is over the 602 level, and you could walk up to a machine and put the $1 ticket in and there would be no problem because it isn't OVER the $602 level.