Where "CREAM OF THE CROP" bet

[karlskorner]

http://www.drf.com/news/article/43492.html

[Tom]

Thanks for giving away my secret hideout....now I will have problems finding parking! <G>

[takeout]

Interesting about that one bet being a mistake. What a difference a zero makes. :D

[ponyplayer]

Interesting that they obtain their clients mainly through referrals, without advertising or soliciting. They must provide an excellent service.

[superfecta]

60% of the clientele were not horseplayers before they went to RGS.Now how do they get their information to bet?Or how to bet?If a majority of your clients don't know how to bet on horses,how do they make money betting races?Something strikes me as strange......or it it just me?:confused:

[BillW]

This whole article is strange:

- It is implied that these offshore operations are handling late bets. If they are comingling, it's the host tracks fault, not the off shore operation. If they are not comingling, so what?

- Clients cash more than average - who cares? track takeout is track takeout regardless of the win rate (as a matter of fact the takeout is taken from the winners not the losers)

- Offshore doesn't make contributions to purses --- doesn't the host tracks set the cost of handling simulcast?

- Rebates - they should be paying the same take as other simulcast outlets, so their rebates must be coming from their own profits, therefore who cares.

Maybe I'm completely misunderstanding how things work?

Bill

[rrbauer]

Bill W wrote:
- It is implied that these offshore operations are handling late bets. If they are comingling, it's the host tracks fault, not the off shore operation. If they are not comingling, so what?


Implied by whom? Not by the article.

[BillW]

" Adding to suspicions about the company, several enormous late bets were placed through RGS last year, and some RGS players had extraordinary runs of luck. One bet, a $110,000 win bet at Hollywood Park drove the eventual winner, Global Finance, from 9-2 to 2-5 in midrace. Also at Hollywood, during the 35-day fall meet, RGS bettors hit three pick sixes for almost $400,000 in winnings. At Gulfstream, RGS bettors were the sole winners of two closely spaced pick six bets, which paid out $194,357 and $100,391."

[Suff]

Rebates are gonna get bigger and Bigger...

What if I told you a Little Greyhound track in Belmont NH offers the Largest Simulcast schedule of any racing Venue in AMERICA!! (60 tracks)

And they handle more than what the NY tracks do everyday.. and they are a greyhound track!!! All because of thier rebates.


They give Very healthy rebates.. and I personally know some very heavy hitters that do all thier action with these guys.


http://www.simobet.com/Player_Rebates/player_rebates.html


http://www.lrgp.com/

[Suff]

Arkansas
Oaklawn Park

Arizona
Apache @ St. John's
Cochise @ Douglas
Flagstaff
Gila @ Globe
Graham @ Safford
Greenlee @ Duncan
Mohave @ Kingman
Prescott Downs
Rillito Park
Santa Cruz @ Sonoita
Turf Paradise
Yavapai Downs

California
Bay Meadows
Bay Meadows Fair
Cal Expo
Del Mar
Fairplex
Ferndale
Fresno Fair
Golden Gate
Hollywood Park
Los Alamitos
Pleasanton
Santa Anita
Santa Rosa
Solano
Stockton


Colorado
Arapahoe Park


Florida
Calder Race Course
Gulfstream
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Tampa Bay Downs


Idaho
Blackfoot
Burley
Emmett
Jerome
Le Bois Park
Malad
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Rupert
Sandy Downs


Illinois
Arlington
Fairmont Park
Hawthorne
Sportsman's Park


Indiania
Hoosier Park


Iowa
Prairie Meadows


Kansas
Anthony Downs
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Woodlands


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Churchill Downs
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Turfway


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Delta Downs
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Fairgrounds
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Laurel Park
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Brockton Fair
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Michigan
Detroit
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Canterbury Park


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Great Falls
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Columbus
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Elko
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Albuquerque
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Belcourt


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Beulah Park
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Penn National
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Gillespie
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Dixie Downs


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Colonial Downs


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Emerald Downs
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West Virginia
Charles Town
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Wyoming Downs


Alberta, Canada
Grand Prairie
Lethbridge
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Northlands Park
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British Columbia, Canada
Desert Park
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Sunflower Downs


Manitoba, Canada
Assiniboia Downs
Parkland Downs


Ontario, Canada
Fort Erie
Picov Downs
Woodbine


Saskatchewan, Canada
Marquis Downs
Yorkton

[rrbauer]

BillW
With "late" being a relative term I guess the quoted info on the HOL play qualifies.

From my perspective a "late" bet is one that's made after the bell.

BTW....if a "hub" takes a bet, early/late/whatever, that doesn't make it to the host-track pool, they (hub) are on the hook for settlement with the customer. Either refund it or book it!