Quote:
Originally Posted by RainMan
So if you are watching live racing at Louisiana Downs and bet $1000 to show on a horse there and $1000 to show on a horse running at Thistledown are they both going to hit there pools at the same time. In other words does a bet placed live at the track have the same delay as a bet placed for another track.
Also, I remember a few years ago in Vegas race books there was a sign that read Exacta payouts limited to $200 - what happened to the rest of the money or were they not co-mingled at that time.
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To answer your second question first, Vegas used to book their own bets, all profits or losses into or out of house funds. For their own protection they would limit payouts. I remember when they would limit win payouts to 15/1. In short, they were not co-mingled with the paramutual pool.
As far as your first question, in theory both bets should hit at the same time. In real life it usually doesn't look to be the case.
