Re: RGS (802 Views)
Posted by:
Jerry Jr. (IP Logged)
Date: January 18, 2003 02:15AM
The dirty secret that very few in the industry know is that a lot of these "rebate shops" are laundering money from internet racebooks. Many internet sites that are advertised as racebooks are actually sending their action to these off-shore pari-mutuel operations in exchange for a very high rebate. This way the "books" can take wagers on the TVG and Magna tracks at no risk to their bottom line.
Jerry, JR.
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