Re: Batch Wagering (666 Views)
Posted by:
P.Eckhart (IP Logged)
Date: June 22, 2006 10:18AM
http://www.edbain.com/archives2.htm#drfexpo at the DRF Expo
We broke for lunch and during that time I had an interesting conversation with one of the owners of United Tote regarding the really big bettors in racing that were betting millions. He stated that there are only eight players or consortiums betting on racing in the world and almost all were individuals who headed a group.
I said there is this impression that there are thousands of big players betting millions each day. He laughed and said no believe me I know them all, there are only eight because he has tried to recruit them to bet through United Totes host tracks, but with out much success. He stated this was because they can’t offer the rebates that an off shore rebate shop can. We talked about how these consortiums bet by using computer programs hooked into the tote systems and the advantages they have. He stated that these groups of bettors could not beat the take, without the rebate, they would lose money. I shook my head, and said it would seem to me you would have to show a positive Return On Investment before you could bet millions through a rebate shop. He stated no, they have found a way to beat the system by betting millions each month by enticing off shore rebate shops to take their bets and use their influence and computers, which were hooked directly to the betting pools. He stated “they also have another advantage other than exploiting betting pools with their computer programs. They have about a ¼ of a mile run before the tote companies betting windows close”. I said “A ¼ of a mile?” He nodded “Yes.”
Jockey Change - Belmont, 6/10, 12th race (1326 Views)
|
Delmar Deb |
06/11/2006 03:02AM |
Re: Jockey Change - Belmont, 6/10, 12th race (868 Views)
|
imallin |
06/11/2006 04:00AM |
Re: Jockey Change - Belmont, 6/10, 12th race (847 Views)
|
richiebee |
06/11/2006 08:21AM |
Re: Jockey Change - Belmont, 6/10, 12th race (682 Views)
|
imallin |
06/11/2006 10:34AM |
Re: Jockey Change - Belmont, 6/10, 12th race (709 Views)
|
imallin |
06/11/2006 10:37AM |
Good for the NYRA!! (2201 Views)
|
asfufh |
06/12/2006 11:14AM |
Re: Good for the NYRA!! (740 Views)
|
imallin |
06/12/2006 03:11PM |
Re: Good for the NYRA!! (793 Views)
|
asfufh |
06/12/2006 09:57PM |
Re: Good for the NYRA!! (668 Views)
|
miff |
06/13/2006 08:41AM |
Re: Good for the NYRA!! (599 Views)
|
miff |
06/20/2006 05:15PM |
Re: Good for the NYRA!! (720 Views)
|
asfufh |
06/21/2006 01:19PM |
Re: Good for the NYRA!! (692 Views)
|
marcus |
06/13/2006 09:16AM |
Re: Good for the NYRA!! (726 Views)
|
imallin |
06/13/2006 11:18AM |
Re: Good for the NYRA!! (651 Views)
|
marcus |
06/13/2006 12:21PM |
Re: Good for the NYRA!! (678 Views)
|
jmetro |
06/13/2006 12:34PM |
Re: Good for the NYRA!! (750 Views)
|
imallin |
06/13/2006 03:36PM |
Re: Good for the NYRA!! (804 Views)
|
asfufh |
06/13/2006 04:21PM |
Re: Good for the NYRA!! (615 Views)
|
miff |
06/13/2006 05:11PM |
Re: Good for the NYRA!! (871 Views)
|
TGJB |
06/13/2006 05:46PM |
Re: Good for the NYRA!! (704 Views)
|
miff |
06/13/2006 06:00PM |
Re: Good for the NYRA!! (830 Views)
|
TGJB |
06/13/2006 06:10PM |
Re: Good for the NYRA!! (725 Views)
|
miff |
06/13/2006 06:21PM |
It's not a market; it's a zero-sum game (664 Views)
|
BitPlayer |
06/13/2006 06:58PM |
Re: Good for the NYRA!! (843 Views)
|
asfufh |
06/14/2006 01:21AM |
Re: Good for the NYRA!! (739 Views)
|
imallin |
06/13/2006 06:47PM |
Re: Good for the NYRA!! (740 Views)
|
miff |
06/13/2006 07:10PM |
Re: Good for the NYRA!! (736 Views)
|
Boscar Obarra |
06/16/2006 12:27AM |
Re: Good for the NYRA!! (635 Views)
|
miff |
06/16/2006 09:59AM |
Re: Good for the NYRA!! (753 Views)
|
TGJB |
06/16/2006 02:08PM |
Re: Good for the NYRA!! (613 Views)
|
Wrongly |
06/16/2006 03:22PM |
Re: Good for the NYRA!! (719 Views)
|
TGJB |
06/16/2006 03:32PM |
Re: Good for the NYRA!! (712 Views)
|
Boscar Obarra |
06/16/2006 06:01PM |
Effect of Large Rebate Players on Pools (743 Views)
|
BitPlayer |
06/18/2006 07:54PM |
Re: Effect of Large Rebate Players on Pools (728 Views)
|
asfufh |
06/18/2006 08:36PM |
Re: Effect of Large Rebate Players on Pools (679 Views)
|
imallin |
06/19/2006 10:40AM |
Rebates v. Batch Wagering (644 Views)
|
BitPlayer |
06/19/2006 01:29PM |
Re: Rebates v. Batch Wagering (702 Views)
|
TGJB |
06/19/2006 01:48PM |
Re: Rebates v. Batch Wagering (662 Views)
|
BitPlayer |
06/19/2006 02:46PM |
Re: Rebates v. Batch Wagering (670 Views)
|
TGJB |
06/19/2006 03:55PM |
Re: Rebates v. Batch Wagering (675 Views)
|
miff |
06/19/2006 04:43PM |
Re: Rebates v. Batch Wagering (752 Views)
|
asfufh |
06/19/2006 06:42PM |
Re: Rebates v. Batch Wagering (593 Views)
|
Boscar Obarra |
06/20/2006 01:50AM |
Re: Rebates v. Batch Wagering (728 Views)
|
asfufh |
06/20/2006 11:04AM |
Re: Rebates v. Batch Wagering (651 Views)
|
P-Dub |
06/22/2006 03:42AM |
Re: Rebates v. Batch Wagering (676 Views)
|
imallin |
06/19/2006 02:49PM |
Re: Batch Wagering (699 Views)
|
BitPlayer |
06/19/2006 06:30PM |
Re: Batch Wagering (651 Views)
|
Boscar Obarra |
06/21/2006 12:32AM |
Re: Batch Wagering (646 Views)
|
asfufh |
06/21/2006 12:56PM |
Re: Batch Wagering (621 Views)
|
Boscar Obarra |
06/21/2006 11:43PM |
Re: Batch Wagering (570 Views)
|
imallin |
06/22/2006 07:55AM |
Re: Batch Wagering (599 Views)
|
jmetro |
06/22/2006 09:36AM |
Re: Batch Wagering (541 Views)
|
imallin |
06/22/2006 10:07AM |
Re: Batch Wagering (666 Views) |
P.Eckhart |
06/22/2006 10:18AM |
Re: Batch Wagering (584 Views)
|
1st time lasix |
06/22/2006 10:54AM |
Re: Batch Wagering (620 Views)
|
Boscar Obarra |
06/22/2006 11:15PM |
Re: Batch Wagering (592 Views)
|
miff |
06/23/2006 10:34AM |
Re: Batch Wagering (776 Views)
|
flushedstraight |
06/23/2006 12:47PM |
Re: Batch Wagering (580 Views)
|
Wrongly |
06/23/2006 01:19PM |
Re: Batch Wagering (628 Views)
|
rangers94 |
06/23/2006 01:36PM |
Re: Batch Wagering (624 Views)
|
imallin |
06/23/2006 07:08PM |
Re: Batch Wagering (589 Views)
|
1st time lasix |
06/26/2006 09:48AM |
Re: Effect of Large Rebate Players on Pools (753 Views)
|
marcus |
06/19/2006 06:17PM |
Re: Good for the NYRA!! (700 Views)
|
marcus |
06/13/2006 07:22PM |
Re: Jockey Change - Belmont, 6/10, 12th race (832 Views)
|
Thehoarsehorseplayer |
06/11/2006 10:28AM |
Re: Jockey Change - Belmont, 6/10, 12th race (930 Views)
|
TGJB |
06/11/2006 01:36PM |
Re: Jockey Change - Belmont, 6/10, 12th race (716 Views)
|
miff |
06/11/2006 10:41AM |
Re: Jockey Change - Belmont, 6/10, 12th race (833 Views)
|
Delmar Deb |
06/11/2006 11:10AM |