CHRB investigates odds manipulation

[10 pnt move up]

Originally Posted by Benny

A $30,000. bet at Hollywood sends a ml 30/1 to 3/5 then is cancelled with 3 minutes to post. Not the first time in Cali .

http://www.drf.com/news/hollywood-pa...s-manipulation

Yea I was watching this as it was happening, you just knew it was going to be cancelled.

[cmorioles]

Originally Posted by 10 pnt move up

Yea I was watching this as it was happening, you just knew it was going to be cancelled.

I'm sure it was just another "mistake" like the investigation revealed last week. This cancel sh!t needs to go away. You bet 30 grand, you should know what you are betting.

I am not sure of other tracks but at Sam Houston Race Park any bet above $500 cant be cancelled unless there is a scratch.

[Kasept]

There's really no 'investigation' necessary considering every venue that's been affected knows what the strange situation involves... It's a huge Xpressbet customer who fires wildly on a regular basis and sometimes changes his mind and cancels. There's not a lot more to it. I know people would love to believe there's an involved scheme behind this, but the guy isn't a sophisticate. The question is how to get him to stop the cancelations.

[cmorioles]

Originally Posted by Kasept

The question is how to get him to stop the cancelations.

What is hard about that?

Also, could you point out a time or two where he has bet 30k on a 30-1 ML horse and didn't cancel? I sure don't remember any.

[Kasept]

Originally Posted by cmorioles

What is hard about that?

Also, could you point out a time or two where he has bet 30k on a 30-1 ML horse and didn't cancel? I sure don't remember any.

I don't know how hard it will be, but you'd imagine they're not eager to inhibit his action. As to other spots, I don't know his day to day ledger but you also get the feeling he may like the notoriety that the cancels are generating.

[randallscott35]

Originally Posted by Kasept

I don't know how hard it will be, but you'd imagine they're not eager to inhibit his action. As to other spots, I don't know his day to day ledger but you also get the feeling he may like the notoriety that the cancels are generating.

What a loser.

[cmorioles]

Originally Posted by Kasept

I don't know how hard it will be, but you'd imagine they're not eager to inhibit his action. As to other spots, I don't know his day to day ledger but you also get the feeling he may like the notoriety that the cancels are generating.

My point was exactly what you are saying. Of course it is simple to stop these cancellations if they want to do so. They obviously don't.

He isn't doing it because he changed his mind as you said. That money was never staying in the pool.

[jms62]

Originally Posted by Kasept

There's really no 'investigation' necessary considering every venue that's been affected knows what the strange situation involves... It's a huge Xpressbet customer who fires wildly on a regular basis and sometimes changes his mind and cancels. There's not a lot more to it. I know people would love to believe there's an involved scheme behind this, but the guy isn't a sophisticate. The question is how to get him to stop the cancelations.

4NJBets used to not allow a bet of $1000 or more to be cancelled online. You had to call in. I would think the risk of not getting to someone when you called in would deter someone from doing it.

[paisjpq]

Originally Posted by Kasept

There's really no 'investigation' necessary considering every venue that's been affected knows what the strange situation involves... It's a huge Xpressbet customer who fires wildly on a regular basis and sometimes changes his mind and cancels. There's not a lot more to it. I know people would love to believe there's an involved scheme behind this, but the guy isn't a sophisticate. The question is how to get him to stop the cancelations.

how does Xpressbet not have cancellation limits?

[Kasept]

Originally Posted by paisjpq

how does Xpressbet not have cancellation limits?

I think that question is being brought up by the jurisdictions.

[10 pnt move up]

So this crap happened again today in the first...........xpressbet strikes again?