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Old 02-09-2013, 09:52 PM
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cmorioles cmorioles is offline
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Quote:
Originally Posted by Calzone Lord View Post
I think he is saying the tracks should act as their own bookmakers ...

That would probably be the first time in history that such a thing has ever happened.
A casino tried it once. Lasted a week or so if I remember right...
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Old 02-09-2013, 10:08 PM
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Calzone Lord Calzone Lord is offline
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Quote:
Originally Posted by cmorioles View Post
A casino tried it once. Lasted a week or so if I remember right...
I think it was called 'Sport Of Kings' or something like that.
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Old 02-09-2013, 10:20 PM
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Quote:
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I think it was called 'Sport Of Kings' or something like that.
Yep.
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Old 02-10-2013, 12:40 AM
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Aly-Sheba Aly-Sheba is offline
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Quote:
Originally Posted by cmorioles View Post
Yep.
Wow, that is a blast from the past! I remember going there once when Lil E.T. won the Derby. Didn't realize they had fixed odds at one point. When we went it was Pari-mutuel, so the fixed odds must have not lasted that long. At the time I was wondering how a place could survive just handling horse racing.
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Old 02-10-2013, 05:49 AM
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Kasept Kasept is offline
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TAB, the Australian tote organization, has a public pool fixed odds model. The late Stan Bergstein had one of his people do an anaylsis of it in the 90's I believe. I'll have to dig out the link.
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Old 02-10-2013, 12:05 PM
Port Conway Lane Port Conway Lane is offline
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Las Vegas had fixed maximum show payoffs ($6 or $8) in the early 80's that were being manipulated by someone making large show wagers on longshots at Pimlico and his cohorts making larger show wagers in Vegas.

As I recall the great sprinter Dave's Friend barely held third in one of those races and in another race one of the longshots did show, killing the profit margin. I found a link to an archived Baltimore Sun article and I'm pretty sure Beyer had an article about it.


http://pqasb.pqarchiver.com/baltsun/...t+of+Nev.+scam
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Old 02-10-2013, 12:18 PM
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Wow, Dale Austin, there is a blast from the past for a Baltimore guy.
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