Wagering on a Canadian track fron the US

[schweitz]

With the Canadian dollar worth about 30% less than the US dollar; am I not screwing myself when I wager on a Canadian track from a US track?

[Red Knave]

Originally Posted by schweitz

With the Canadian dollar worth about 30% less than the US dollar; am I not screwing myself when I wager on a Canadian track from a US track?

In what way? You bet in $US and get paid in $US at the posted odds.

[schweitz]

I was thinking about the 1$ min bet pick 4 at Assiniboia Downs. I will be wagering 30% more than Canadians on this wager. Will I get paid 30% more than the posted winnings$

[Jeff P]

In the US and Canada, for all wager types, the amount collected at the window (or ADW) is calculated based on the following formula:

AmtCollected = [(Odds) x (AmtWagered)] + AmtWagered

If you bet using US dollars you are paid in US dollars.

If you bet using Canadian dollars you are paid in Canadian dollars.



-jp

.

[schweitz]

Good to know, thanks

[EagleEye Po]

The one exception is if an American has a unique ticket and scoops the jackpot pool. They are wagering $US to win the Canadian dollar pool.
Alternatively, Canadians have an advantage if they scoop a US jackpot pool.