Quote:
Originally Posted by ubercapper
BetUS and the rest of the offshore books are in violation of U.S. law (USIGEA) for accepting any payments by U.S. residents. They know it, but most get away with it, for now.
With the proliferation of legal sports betting, many state's AGs are going to be cracking down and when there are enough of them the FBI will get involved (as it did with poker sites). New Jersey already initiated a number of actions in recent years and other states will follow.
The #1 reason not to bet with BetUS and the rest is bets are not commingled. They are booked bets and not even one penny goes back to trainers, jockeys, grooms and other people who put on the show. They're stealing from the sport we love and that's why they have never seen one penny of my action and never will.
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I agree some, but I disagree more. The day this sport decided to rebate some players and not others, they made it an unfair game to the masses. I am not going to get into the whole rebate thing again(I have at least 100 posts on it, maybe 200), but the best even a lot of solid horseplayers can get to is maybe -10 % or -5 %. So if they want to lose a little or maybe make a little instead of donating constantly I am not going to hold it against them if they want to get good rebates. If racing was dealing from a fair deck (so to speak) I might fully agree with you. Yes it is unfair to participants of the sport, but it is also unfair to joe public that they can bet on track and get no rebate while Mr. Whale or just someone who happens to live in the right state might be getting 20% trifecta rebates at some tracks. Fix the game and I agree with you, until then, racetracks do what they choose to do to survive, why shouldn't players do the same.
