Re: CAW Class Action Lawsuit Summarized -R.I.C.O Allegations (161 Views)
Posted by: Silver Charm (IP Logged)
Date: November 17, 2025 05:05PM
Terrible example. Sorry. If I buy a $100 Stock I don't get $2 off for a volume discount. It is not a Free Market Pool for all participants if that is the case.
When I place a wager I am not buying someone else's Pari Mutual ticket like with Stocks. If I wager on a 10-1 Shot I don't get 10-1 guaranteed. I get nothing if my wager loses. And at the current rate in racing you get might a little more than nothing if your supposed 10-1 shot wins. Because another market participant pounded that down to 9-5 after the gate opened.
There is a also a Regulator called the Securities and Exchange Commission. Who regulates horse racing wagering pools? Mic Drop.....
When I place a wager I am not buying someone else's Pari Mutual ticket like with Stocks. If I wager on a 10-1 Shot I don't get 10-1 guaranteed. I get nothing if my wager loses. And at the current rate in racing you get might a little more than nothing if your supposed 10-1 shot wins. Because another market participant pounded that down to 9-5 after the gate opened.
There is a also a Regulator called the Securities and Exchange Commission. Who regulates horse racing wagering pools? Mic Drop.....
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