Quote:
Originally Posted by iamt
Be careful what you wish for. Without proper regulation any winners will be barred from fixed odds, and it will just be a product that takes losing money out of the parimutuel pools, reducing the chances of winning their too.
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good point there. in the old days in Nevada, try banging out the racebooks on first time starters and you would have had a very short welcome.
the system today is great with pari-mutuel. you can sit at home and bet as many tracks as you want. the adw distributes your money to the various tracks and pays you. they don't limit you on the amounts you want to win either.