Re: Now they have really done it........ (777 Views)
Posted by:
TGJB (IP Logged)
Date: November 08, 2002 09:29PM
This is just the beginning, and "the industry" is being really stupid if they don't get in front of this right away. If I'm right, RICO statutes are going to apply, meaning those involved are going to be looking at huge jail time, and are going to be anxious to talk. Mall is right-- someone could end up in the trunk of a car before this is over. If not, an awful lot of previous past-posts could end up being revealed. As some in the industry know, I've been screaming about this since the 01 Fla. Derby, and I don't think it's confined to multiple race wagers. They should start by looking at all bets made at the North Dakota site where the "whale" made his huge bets--
if there was actually an individual bettor. The site itself, WHICH HAD DIRECT ACCESS TO THE POOLS, would be where I would begin-- if you recall, the story at the time was that the "bettor" had a sophisticated system which required knowing exactly how much was in each pool. HE WAS IN-- how hard would it have been to change the time codes on the bets?
The story at the time was that the "guy" had made 28% on handle over 2 years at Gulfstream. Prior to rebates, top pros worked on about 2 to 3%, and in the best year I ever had-- which made some bookmakers very unhappy-- I made 10%. This was without the money going into the pools and hurting my prices-- the "whale" was betting huge amounts of money, and personally cut Monarchos from 5/2 to 7/5. I will be forever convinced that bet was made at the eigth pole.
TGJB
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