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02-28-2015, 10:16 AM
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#31
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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Quote:
Originally Posted by Stillriledup
Here's what i don't get.
Since this is not a pari mutuel book, they can essentially just "not pay" if there are any "irregularities". So, why not just permit betting on a 3 horse field and if everything is on the up and up, pay the winners.
In other words, the original reason for not accepting bets on 3 horse races isn't applicable to this book, because they can just 'not pay' if they don't want to.
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Because they want to stay in business. I wouldn't want to pay out all those show bets on a 3 horse field
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02-28-2015, 10:28 AM
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#32
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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Everyone needs an offshore book or two. If you want to make a larger wager into the pool at a small or mid-sized track, bet offshore so that you won't reduce your own payout. If have seen $50 bring a horse's payout down to the next .20. Betting into a 25000 pool a 200 win bet will reduce a horses win mutual from 16.60 to 15.20.
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02-28-2015, 11:00 AM
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#33
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Registered User
Join Date: Oct 2014
Posts: 57
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Quote:
Originally Posted by green80
Because they want to stay in business. I wouldn't want to pay out all those show bets on a 3 horse field
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There wouldn't be a show pool.
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03-06-2015, 12:37 PM
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#34
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Registered User
Join Date: Jan 2015
Location: Florida
Posts: 42
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Quote:
Originally Posted by green80
Everyone needs an offshore book or two. If you want to make a larger wager into the pool at a small or mid-sized track, bet offshore so that you won't reduce your own payout. If have seen $50 bring a horse's payout down to the next .20. Betting into a 25000 pool a 200 win bet will reduce a horses win mutual from 16.60 to 15.20.
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Actually, they don't. If you are using an off-shore book, not only is your money at risk, but you are NOT supporting the game here in the United States. Plain and simple.
__________________
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What separates handicapping from mindless games of chance. Get the latest horse racing news and handicapping tips at AGameofSkill.com.
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03-06-2015, 12:41 PM
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#35
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Registered User
Join Date: Jan 2006
Posts: 28,388
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Quote:
Originally Posted by agameofskill
Actually, they don't. If you are using an off-shore book, not only is your money at risk, but you are NOT supporting the game here in the United States. Plain and simple.
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Nonsense...the player's loyalty is to his wallet. He learned this from the horsemen. If using an offshore account suits the player's needs...then there in nothing wrong with it.
__________________
Live to play another day.
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03-06-2015, 02:19 PM
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#36
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Registered User
Join Date: Nov 2007
Posts: 374
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This goes back to the original post.
Let me get this right.
You are bad mouthing an offshore race book and warning us about them because they followed the rules that they post on their website?
Their rule probably has something to do with the rebates they offer.
And they do pay.
Last edited by TEJAS KIDD; 03-06-2015 at 02:23 PM.
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03-10-2015, 06:02 PM
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#37
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Registered User
Join Date: Apr 2011
Posts: 1,753
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Quote:
Originally Posted by Dark Horse
I've been checking out offshore, with small amounts (because of a general lack of trust).
So I won this race at SA today. Maybellene won and paid 6.20, beating the 3/5 favorite and another horse. Close race, as you can see here: http://www.equibase.com/static/chart...102314USA2.pdf
Of course the track paid the winnings. But I had played it offshore, at 5Dimes, and - surprise! - they took the bet, but didn't honor it. Reason? There were only three horses in the race.
Excuse me?! Isn't it about odds?
5 Dimes is mostly about sports. To point out the obvious, most sports games in the NFL, NBA, NHL and, well, in fact all, have only two horses in the race. Should we cancel all those, Tony?
So they created an arbitrary rule, and I post about it here to warn you not to play there. They also close races regularly five minutes before they go off. At main tracks... I thought they would know their business with horses, as they do with sports, but I was wrong.
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I know a few people that won big money at 5dimes & had their accounts closed & didn't receive a penny, they got shafted. 5dimes is very shady, stay far away!
They want the $50 & $100 players that bet 30 games a week & lose constantly. Know a guy that had his limits dropped to $25 a game, lmao, unreal, what a joke of a book!
As for horse racing, I don't know anyone that plays horses online, & neither do I. Question is, why would you bet online when horse race betting is legal everywhere?
Last edited by SecretAgentMan; 03-10-2015 at 06:05 PM.
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03-10-2015, 06:31 PM
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#38
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Registered User
Join Date: Jul 2008
Posts: 386
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10 percent on any winning win bets or exotics is hard not to like.....i would say that deal is better than rebates
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03-10-2015, 06:38 PM
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#39
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,872
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Quote:
Books like these don't grade wagers in real-time or even necessarily keep track of scratches. They even warn you not to past post (because it is "allowed" from a technical standpoint) or will you get your account canceled. Bets after a certain time each evening are not graded until the next day...
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Game Theory is, as usual, spot on with his assessment.
It is a very common condition in the rules of bookmakers.
Quote:
Here's what i don't get.
Since this is not a pari mutuel book, they can essentially just "not pay" if there are any "irregularities". So, why not just permit betting on a 3 horse field and if everything is on the up and up, pay the winners.
In other words, the original reason for not accepting bets on 3 horse races isn't applicable to this book, because they can just 'not pay' if they don't want to.
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If they truly choose to sidestep losing propositions by breaking their own rules, my guess is that the word would spread quickly.
Rarely do I say this, but PA is probably not the optimal place for this complaint. There is probably a place where more bookie-players mingle that would give better responses.
My gut feeling is that - because it is so clearly in their rules - it is probably a legitimate non-payment.
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03-12-2015, 01:47 AM
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#40
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Registered User
Join Date: Feb 2008
Posts: 955
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Quote:
Originally Posted by Dave Schwartz
Game Theory is, as usual, spot on with his assessment.
It is a very common condition in the rules of bookmakers.
If they truly choose to sidestep losing propositions by breaking their own rules, my guess is that the word would spread quickly.
Rarely do I say this, but PA is probably not the optimal place for this complaint. There is probably a place where more bookie-players mingle that would give better responses.
My gut feeling is that - because it is so clearly in their rules - it is probably a legitimate non-payment.
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Places like www.therx.com & www.sportsbookreview.com are good for that. Both also have a place for lodging complaints relating to payouts, etc.
But each book lists their own rules to make an event "go", & they relate not only to horses but any type of sporting event. Before opening an account & placing a wager it's up to the player to familiarize themselves with them.
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03-12-2015, 03:49 AM
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#41
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,653
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i remember betting the Barbary Coast Casino in Las Vegas baseball where pick was $102.50 for $100. it wasn't that bad, but you could never make a big score with it.
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03-13-2015, 06:44 AM
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#42
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Registered User
Join Date: Dec 2011
Location: route 66
Posts: 1,112
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Quote:
Originally Posted by SecretAgentMan
As for horse racing, I don't know anyone that plays horses online, & neither do I. Question is, why would you bet online when horse race betting is legal everywhere?
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Plenty of advantages. Offshore action won't change the odds (in horse racing). A place like Betfair lets you bet against horses, as well as lock in your odds in an exchange format. The IRS isn't looking over your shoulder. An outfit like 5D will give you an extra 10 percent for a win.
5Dimes is a good enough sports book. They never differentiate themselves from others by creating their own rules in sports. And so it never even occurred to me that they might have a horse racing rule where they would be the only book not to pay. Obviously, I would have placed my bet elsewhere had I been aware of this rule. Anyway, I moved on from 5D. I don't have time to check their rules every day or week, and I want to be able to expect that the rules are the same as everywhere else.
Last edited by Dark Horse; 03-13-2015 at 06:51 AM.
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