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Originally Posted by ArlJim78
Just curious, what made you think to check the payouts at Remington?
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I bet the winner to win and place. After the horses crossed the wire, I checked to see what my horse was going to pay to place. I do this all the time. Instead of just waiting for 2 minutes until the result is official, I am always curious to see what my horse is going to pay to place so I quickly do the math. I couldn't belive it when the horse only paid $9.00 to place because he should have paid $11. Then I figured I would see if there was a mistake in the win pool too and sure enough there was.
Anyway, I just called Remington back and their explanation was that it has to do with Canadien money coming into the pool. I don't know if that is true or not but the bottom line is that the take at Remington is over 30% in the WPS pools. I did the math on the next race and the same thing happened. The winner had $6,543 bet to win on him and there was $17,423 in the win pool. He should have paid $4.20 to win but he only paid $3.40.
By the way, the reason I made a bet at Remington was because there was a 2 year old running that I liked at the Keeneland April Sale that was in the 5th race. He was the horse that paid $20.20 to win tonight.