Technical Reliability of Race Books

[davew]

Originally Posted by thaskalos

He means that the offshore betting outfits might be flagging their profitable customers and piggybacking on their selections...in order to "reduce exposure"...or even to secure a little added profit for themselves.

That is what I mean - Kind of a win-win for them

1- lowers the track pay-offs
2- lay-off in a rebate shop that gives a higher percentage than they give
3- reduces/eliminates their pay-outs

it seems to me that the offshore books buy their information from either a CDI or Stronach company - they are fast with scratches and pay-offs

[ubercapper]

Originally Posted by davew

That is what I mean - Kind of a win-win for them

1- lowers the track pay-offs
2- lay-off in a rebate shop that gives a higher percentage than they give
3- reduces/eliminates their pay-outs

it seems to me that the offshore books buy their information from either a CDI or Stronach company - they are fast with scratches and pay-offs

I am nearly 100% certain none of the race book in Costa Rica or Panama, as well as Antigua and the rest of the Caribbean (including some mentioned in this thread) get data from a legitimate entity like the two listed above.

As far as I know, they are not licensed to use the data, they don't pay a properly licensed entity for use of the data and they don't commingle wagers. They don't appear to contribute to the industry in any worthwhile way.

If anyone has information to the contrary or knows the data source (particularly entries and results) of any off shore race book post here or you can send me a PM.

Even if they do piggyback off their customers and/or layoff bets into U.S. ADWs they are still not commingling.

On the other hand, many of the books in Europe and offshore in Gibralter, etc.., do have relationships with the major ADWs. You can tell the legitimate ones for the most part because they specifically state they will not take accounts from U.S. residents.

[davew]

You could be correct

Stronach owns AmTote which offers this (to who?)

http://www.amtote.com/product/spectrum-software-suite



Chuchill Downs Inc owns United Tote and also are getting into online casino and sports betting - recent article ->

http://www.churchilldownsincorporate...ith_golden_nug





I could be wrong, but I suspect both companies are 'selling stuff'.

[Dave Schwartz]

There were 2, RGS being the last of them. Well, technically Elite is based down there and they are legal (i.e. co-minglers).

Originally Posted by ubercapper

I am nearly 100% certain none of the race book in Costa Rica or Panama, as well as Antigua and the rest of the Caribbean (including some mentioned in this thread) get data from a legitimate entity like the two listed above.

As far as I know, they are not licensed to use the data, they don't pay a properly licensed entity for use of the data and they don't commingle wagers. They don't appear to contribute to the industry in any worthwhile way.

If anyone has information to the contrary or knows the data source (particularly entries and results) of any off shore race book post here or you can send me a PM.

Even if they do piggyback off their customers and/or layoff bets into U.S. ADWs they are still not commingling.

On the other hand, many of the books in Europe and offshore in Gibralter, etc.., do have relationships with the major ADWs. You can tell the legitimate ones for the most part because they specifically state they will not take accounts from U.S. residents.