Quote:
Originally Posted by lamboguy
from what i understand, they will take up to $5000 on a wager. the bet taker has the right to pay you less than agreed pre race odds if there is a scratch in the race. another words you can't bet the guy $5000 in the race and have the jockey get the horse scratched at the gate that is going off @ 1-5. that's the only protection the man has that i can see from getting laid out.
i will go down there for their first 2 year old race whenever that is
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Important distinction...They'll take a wager *up to $5,000 net profit.* So if you're betting a 10/1, your cap is $500 to WIN. Supervisor approval can override that cap but don't plan on that happening if your account show you've been a consistent winner.
This cap will increase as market volume does. They have to cap it currently because there'd be too much liability in accepting any and all wagers right now.
