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  #1  
Old 03-25-2008, 05:29 PM
ceejay ceejay is offline
Detroit Race Course
 
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Default Keeneland Rebates

Premier Turf Club is offering legal, onshore KEE rebates. http://news.bloodhorse.com/viewstory...159&source=rss

PTC is not the place for you if you feel takeout is not too high or you feel that cash rebates are wrong. It is also not the place for you if you don't want a superior betting interface, conditional wagering or dutching capabilities.

Steve has approved this posting. I am a customer of PTC and not a principal.
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  #2  
Old 03-25-2008, 05:39 PM
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The Indomitable DrugS The Indomitable DrugS is offline
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Good to see they are starting to get some big name tracks finally.
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  #3  
Old 03-25-2008, 05:48 PM
ceejay ceejay is offline
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Quote:
Originally Posted by Bigsmc
How about caps on payouts?
No. Fully parimutuel: not a bookie.
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  #4  
Old 03-25-2008, 07:59 PM
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eajinabi eajinabi is offline
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Quote:
Originally Posted by The Indomitable DrugS
Good to see they are starting to get some big name tracks finally.
Wheres Churchhill? NYRA? and So Cal Tracks on that list?
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  #5  
Old 03-25-2008, 08:03 PM
Scav Scav is offline
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Quote:
Originally Posted by eajinabi
Wheres Churchhill? NYRA? and So Cal Tracks on that list?
They are working on it. Right now, Keeneland is their first big track that they got and a couple more should be coming soon. They also have the Breeders Cup.

I am yet to be a member yet, but I have talked to their CEO multiple times, and the guy is as legit as they come
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  #6  
Old 03-25-2008, 08:17 PM
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the_fat_man the_fat_man is offline
Atlantic City Race Course
 
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He's definitely as legit as they come and sooner or later he's gonna get all the major tracks on board.

Which means, with the rebates, present losers will become winners. I mean, those who can't show a positive ROI presently will be able to eek out a decent living (should they choose so) by betting enough and getting a rebate.

So, if you can't beat the game UNAIDED, you can now beat the game LEGALLY with rebates. Those using the figures or programs of others would have no problem in this area.

HOWEVER, as a cop once told a friend of mine who was about to get into a fight outside of St. Paddy's Cathedral: "I've got the winner."

And that's exactly what Uncle Sam says. Got a problem with the high takeout. Can't win betting the ponies? NO PROBLEM. Sign on for some legal rebates, turn a profit, and give up a nice chunk of it to Uncle Sam. And HIS take is HIGHER than the takeout.

P.S. if you're not a 'professional' gambler, then you can't declare your expenses. Those sheets add up. OUCH.

Kind of puts ANONYMOUS, full payout track betting OR even local 5% takeout OTB betting in a whole new light. Of course, you'd have to be able to show UNAIDED profit in these cases.

I mean, can you imagine putting in all the time and effort to achieve the skill and discipline to be able to pull out $100K plus a year from betting and then have to give up 40% to Uncle Sam? This, on top of the high takeout. Now, THAT's GETTING BENT OVER LIKE A BITCH.

Last edited by the_fat_man : 03-25-2008 at 08:40 PM.
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  #7  
Old 03-25-2008, 08:33 PM
The Indomitable DrugS's Avatar
The Indomitable DrugS The Indomitable DrugS is offline
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Quote:
Originally Posted by eajinabi
Wheres Churchhill? NYRA? and So Cal Tracks on that list?
I don't know - but from the looks of it - the sooner they get them the better.
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  #8  
Old 03-26-2008, 08:19 AM
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SentToStud SentToStud is offline
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Quote:
Originally Posted by the_fat_man
He's definitely as legit as they come and sooner or later he's gonna get all the major tracks on board.

Which means, with the rebates, present losers will become winners. I mean, those who can't show a positive ROI presently will be able to eek out a decent living (should they choose so) by betting enough and getting a rebate.

So, if you can't beat the game UNAIDED, you can now beat the game LEGALLY with rebates. Those using the figures or programs of others would have no problem in this area.

HOWEVER, as a cop once told a friend of mine who was about to get into a fight outside of St. Paddy's Cathedral: "I've got the winner."

And that's exactly what Uncle Sam says. Got a problem with the high takeout. Can't win betting the ponies? NO PROBLEM. Sign on for some legal rebates, turn a profit, and give up a nice chunk of it to Uncle Sam. And HIS take is HIGHER than the takeout.

P.S. if you're not a 'professional' gambler, then you can't declare your expenses. Those sheets add up. OUCH.

Kind of puts ANONYMOUS, full payout track betting OR even local 5% takeout OTB betting in a whole new light. Of course, you'd have to be able to show UNAIDED profit in these cases.

I mean, can you imagine putting in all the time and effort to achieve the skill and discipline to be able to pull out $100K plus a year from betting and then have to give up 40% to Uncle Sam? This, on top of the high takeout. Now, THAT's GETTING BENT OVER LIKE A BITCH.
Fat Man,

You need a tax haven. Bermuda, Bahamas, etc... No personal income tax.
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  #9  
Old 03-26-2008, 08:41 AM
santana santana is offline
Ellis Park
 
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How much are the rebates?
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  #10  
Old 03-26-2008, 09:20 AM
Premier Turf Club Premier Turf Club is offline
Yearling
 
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A little bit about us, just a little because I don't want to post a full-blown ad without paying Steve first (which we would be delighted to do).

We are legal, licensed, 100% pari-mutuel, fully vetted by the TRPB (which is why we have been able to get tough signals like KEE and Tampa). We pay cash rewards on each wager; amounts vary by track pool and monthly handle. KEE rewards will vary from 2.50% on the low end to 7% on the high end. Keep in mind, it is one of the lowest take tracks 16%/19% in the country.
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  #11  
Old 03-26-2008, 09:29 AM
Scav Scav is offline
Saratoga
 
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Quote:
Originally Posted by Premier Turf Club
A little bit about us, just a little because I don't want to post a full-blown ad without paying Steve first (which we would be delighted to do).

We are legal, licensed, 100% pari-mutuel, fully vetted by the TRPB (which is why we have been able to get tough signals like KEE and Tampa). We pay cash rewards on each wager; amounts vary by track pool and monthly handle. KEE rewards will vary from 2.50% on the low end to 7% on the high end. Keep in mind, it is one of the lowest take tracks 16%/19% in the country.
Ian, explain low end and high end, is that by handle or by wager?
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  #12  
Old 03-26-2008, 10:52 AM
Premier Turf Club Premier Turf Club is offline
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Quote:
Originally Posted by Scav
Ian, explain low end and high end, is that by handle or by wager?

Both, Rewards schedules are based upon monthly handle and wager type. Obviously we can give more back at a 16% take than a 25%.
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  #13  
Old 03-26-2008, 02:14 PM
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Dunbar Dunbar is offline
The Curragh
 
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Quote:
Originally Posted by Premier Turf Club
Both, Rewards schedules are based upon monthly handle and wager type. Obviously we can give more back at a 16% take than a 25%.
That's counterintuitive to me.

--Dunbar
__________________
Curlin and Hard Spun finish 1,2 in the 2007 BC Classic, demonstrating how competing in all three Triple Crown races ruins a horse for the rest of the year...see avatar
photo from REUTERS/Lucas Jackson
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  #14  
Old 03-26-2008, 02:31 PM
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cmorioles cmorioles is offline
Santa Anita
 
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Quote:
Originally Posted by Dunbar
That's counterintuitive to me.

--Dunbar
I'm sure that is a typo. PTC is the best thing for bettors online I've seen. I can't wait to get back to the US in a few months and start using all the incredible tools Ian has put together. They make all other ADWs look silly.
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  #15  
Old 03-26-2008, 02:40 PM
Coach Pants
 
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So when are we going to have Woodside Associates and the other PA shills advertise here?
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  #16  
Old 03-26-2008, 02:47 PM
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tiggerv tiggerv is offline
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Quote:
Originally Posted by Coach Pants
So when are we going to have Woodside Associates and the other PA shills advertise here?
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  #17  
Old 03-26-2008, 02:58 PM
Premier Turf Club Premier Turf Club is offline
Yearling
 
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Quote:
Originally Posted by Dunbar
That's counterintuitive to me.

--Dunbar
Sorry, I was trying to do too many things at once this morning. It's the opposite way around, of course. It will show me not to multi-task. Walking and chewing gum at the same time is still hard for me.
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  #18  
Old 03-26-2008, 04:33 PM
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cmorioles cmorioles is offline
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Quote:
Originally Posted by Coach Pants
So when are we going to have Woodside Associates and the other PA shills advertise here?
I'm not sure how anyone that bets money could be anti-PTC.
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  #19  
Old 03-26-2008, 04:40 PM
Scav Scav is offline
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Quote:
Originally Posted by cmorioles
I'm not sure how anyone that bets money could be anti-PTC.
I agree, but what is lacking is the tracks, but he is working on it. The second he gets California, I am over there for good. I get the feeling though that once he gets some of these bigger tracks, the other ADW's might follow suit, because the only thing that Twin Spires has, and it is the most important strength, is their tracks. Everything else they offer is complete garbage. If I could create an ADW I would create it as follows

1) Youbet's wagering platform
2) Twin Spires Video
3) PTC's wagering opportunitys (dutching, 'if' wagers)
4) PTC's customer service/management
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  #20  
Old 03-26-2008, 04:42 PM
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the_fat_man the_fat_man is offline
Atlantic City Race Course
 
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Quote:
Originally Posted by cmorioles
I'm not sure how anyone that bets money could be anti-PTC.
I agree.

Moreover, I'm sure Uncle Sam can't wait for you to come over here as well so they can start digging into your pocket for their share of your winnings.

On another note, you might want to put that (thinks he's) annoying (attention needing) idiot on ignore or at least not quote him for those who have him shaded.
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