never question payouts

[robfla]

Originally Posted by Dunbar

Are you are saying that the tri payout is capped at $300, regardless of how much you bet or what the odds are? If that's what you are saying, I am quite sure it is NOT true, at least in general. I know of no racebook that caps the tri payout at $300. There may be an isolated racebook that does cap the payout at $300, but that is most definitely NOT the general rule. If you bet $2 on a 400-1 tri at any major offshore race book with a 300-1 cap on tris, you would get paid $602.

Here is part of World Sports Exchange's "rules" for horseracing bets:

"The maximum amount for any win, place, or show wager is $2,000.

The maximum amount for any exacta, quinella, trifecta, or Daily Double wager is $200.

Trifectas pay track odds, with a maximum payout of 300-1.

Exactas, quinellas, and Daily Doubles pay track odds, with a maximum payout of 100-1. "

This is pretty typical, though it's important to check the rules of any racebook you might be interested in. World Sports Exchange is on of the few offshores that doesn't cap WPS odds.

Some racebooks don't cap the odds on tris or other exotics, but have a cap on the total you can win from an individual race. At CRIS (Bookmaker), the cap ranges from $30,000 at major tracks down to $5000 for very minor tracks.

--Dunbar

now i am misunderstanding YOU

one line you say not probable, but post the rules that say just that

[robfla]

ok.. i said 300 to 1

not $300.00

[SentToStud]

here's allhorseracing's rule:
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Ticket Pay out Limit Rule

Win, Place, Show wagers pay full track odds. All other wagers pay full track odds up to a maximum payout of 300/1 your original bet amount. There is a Cap Payout Limit of $25,000 on any winning ticket.

There are no limits on how much you can place on any one horse or bet type. However, you will see that each ticket has a bet limit (typically $1,000), you simply need to make multiple bet tickets to get to the bet amount you seek. There is a $20,000 limit per betting ticket.

There are no house odds. If there are no track payoffs for a certain type of wager, all wagers on that type will be refunded.
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