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Re: The Basics of Batch Wagering. (627 Views)
Posted by: Mall (IP Logged)
Date: March 11, 2004 09:47PM

You've made the point, & I've disagreed with you, on a number of occasions, though not recently. According to the Tampa GM, in 2003 batch wagering accounted for $7.4 million in bets, & those making the bets received back $8 million, which is a very impressive 8% roi, which gets even more impressive when the rebate is added in. However, given the amount bet one presumes that someone who was able to hack into or otherwise cheat the system would do quite a bit better than that. I also doubt they would target the pk3 or pk4, since the obscenely confiscatory takeout on those bets at Tampa is 25.9%. The fact that a track which is imposing such a takeout is being heralded in some quarters as sticking up for the average bettor by closing down the rebate shops shows how crazy the debate over the issue has already become.



Subject Written By Posted
Rebates - I've Got Questions (880 Views) BitPlayer 03/10/2004 11:33PM
Re: Rebates - I've Got Questions (515 Views) TGJB 03/11/2004 03:35PM
The Basics of Batch Wagering. (584 Views) Mall 03/11/2004 04:53PM
Re: The Basics of Batch Wagering. (567 Views) TGJB 03/11/2004 05:34PM
Re: The Basics of Batch Wagering. (627 Views) Mall 03/11/2004 09:47PM
Don't Focus on Past-Posting (501 Views) BitPlayer 03/11/2004 11:13PM
Re: Don't Focus on Past-Posting (521 Views) Boscar Obarra 03/12/2004 01:17AM
Re: Don't Focus on Past-Posting (625 Views) Boscar Obarra 03/16/2004 11:12PM
Tampa's Perspective (537 Views) BitPlayer 03/12/2004 08:51AM
Re: The Basics of Batch Wagering. (595 Views) TGJB 03/12/2004 02:01PM
Re: The Basics of Batch Wagering. (536 Views) Boscar Obarra 03/14/2004 10:06PM
Re: The Basics of Batch Wagering. (561 Views) BitPlayer 03/14/2004 11:07PM
Re: The Basics of Batch Wagering. (595 Views) Chuckles_the_Clown2 03/15/2004 03:01AM
Exacta Pool Inefficiencies (573 Views) BitPlayer 03/15/2004 09:03AM
Re: Exacta Pool Inefficiencies (601 Views) Chuckles_the_Clown2 03/15/2004 09:31AM
Re: The Basics of Batch Wagering. (588 Views) Mall 03/15/2004 11:16AM
Panel discussion on rebates (526 Views) Thehoarsehorseplayer 03/11/2004 04:02PM
Re: Panel discussion on rebates (494 Views) BitPlayer 03/11/2004 07:06PM
You got that right BitPlayer (584 Views) Thehoarsehorseplayer 03/11/2004 08:11PM
Re: You got that right BitPlayer (523 Views) gowand 03/11/2004 10:47PM


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