highnote
12-05-2005, 07:23 PM
Has anyone tried dailyhandicappingcontests.com?
I clicked on a DRF link for the ad. Today I got an email from DHC inviting me to sign up. Guess, I need to turn off my cookies next time I click on an ad, but don't want junkmail.
Anyway, I read their FAQ page. They claim they shut off the contest at 3 minutes to post so that all contest wagers are visible. Seems to me if you are a good player and they track your play it would be simple for them to bet your horse(s). Maybe that's not a big deal? On the other hand, if you can figure out who the good players are, you could copy their bets into the US pools yourself. Thoughts?
They also say you can cancel bets up to 1 minute until post. If that's true, then not all contest wagers are visible. At any moment a wager could be cancelled, so you don't really know what the wagers are.
Second, they are domiciled in Costa Rica, but I wonder if this type of contest is legal in the US? I see contests every week in the newspaper for pro or college football. I suppose it depends on the rules of the game.
Here's a quote from their site:
"When you're at the track chasing those big pools, the tracks are literally putting their hands in your pockets. They are taking 25% of every dollar you bet into Pick 6 and Pick 4 pools. The average takeout for a contest on DailyHandicappingContests.com is only 16%. That's comparable to most straight wager takeouts."
If you're betting with a rebate shop, you're already beating the 16% takeout. So I don't see the big benefit there.
Plus even if you're betting onshore -- your take is probably only 17% plus your money is onshore and is supporting the horsemen.
The site might be a good idea. It's new, so it's hard for me to know. I'd appreciate any thoughts.
I clicked on a DRF link for the ad. Today I got an email from DHC inviting me to sign up. Guess, I need to turn off my cookies next time I click on an ad, but don't want junkmail.
Anyway, I read their FAQ page. They claim they shut off the contest at 3 minutes to post so that all contest wagers are visible. Seems to me if you are a good player and they track your play it would be simple for them to bet your horse(s). Maybe that's not a big deal? On the other hand, if you can figure out who the good players are, you could copy their bets into the US pools yourself. Thoughts?
They also say you can cancel bets up to 1 minute until post. If that's true, then not all contest wagers are visible. At any moment a wager could be cancelled, so you don't really know what the wagers are.
Second, they are domiciled in Costa Rica, but I wonder if this type of contest is legal in the US? I see contests every week in the newspaper for pro or college football. I suppose it depends on the rules of the game.
Here's a quote from their site:
"When you're at the track chasing those big pools, the tracks are literally putting their hands in your pockets. They are taking 25% of every dollar you bet into Pick 6 and Pick 4 pools. The average takeout for a contest on DailyHandicappingContests.com is only 16%. That's comparable to most straight wager takeouts."
If you're betting with a rebate shop, you're already beating the 16% takeout. So I don't see the big benefit there.
Plus even if you're betting onshore -- your take is probably only 17% plus your money is onshore and is supporting the horsemen.
The site might be a good idea. It's new, so it's hard for me to know. I'd appreciate any thoughts.