Taking money out of pools - Horse Racing Forum - PaceAdvantage.Com

turninforhome10 · 02-22-2013, 12:49 PM

1st race at GP 4600 to win on the longhshot

to open the pool. Post time 1161. This is total crap anymore. If you bet your horse and the ticket is made that should be it. This is what is total pool manipulation, IMHO. I feel that once the money leaves your hands and goes through the system, that's it, end of story. The

goes off 3/5 and wins. Total crap.

Stillriledup · 02-22-2013, 01:04 PM

I agree, no more cancels. Its in place so the live tellers can catch a break if something weird happens at the end of the betting cycle and they can not get stuck with a ticket, or, something like that.

Seems that places arent too vigilant about large cancels, this stuff happens all the time. If i'm wagering from home, i dont really need Joe Teller cancelling someone's ticket after the races start, that doesnt benefit me in anyway.

turninforhome10 · 02-22-2013, 01:09 PM

I would tend to think this is coming from online sources. Put a huge chunk on an obscure entrant, dupe the weaker parts of the public who are scratching their heads and then withdrawal and bet the original selection. It would have to mess with the exotic and multi-race wagers.

Not4Love · 02-22-2013, 01:20 PM

Come check out turfway park. That stuff goes on all the time. With only two days of racing each week there is all kinds of thievery.

Stillriledup · 02-22-2013, 01:32 PM

Quote:

Originally Posted by turninforhome10

I would tend to think this is coming from online sources. Put a huge chunk on an obscure entrant, dupe the weaker parts of the public who are scratching their heads and then withdrawal and bet the original selection. It would have to mess with the exotic and multi-race wagers.

If its coming from an online ADW, shouldnt the host track know this is going on and put a stop to it? Or, shouldnt the ADW itself not allow it to happen?

turninforhome10 · 02-22-2013, 01:35 PM

Then in Race 2 you get 54$ dollar horse that has been sitting on his n3l for 2 years. 42 DD?

MightBeSosa · 02-22-2013, 02:42 PM

when did that bet cancel?

turninforhome10 · 02-22-2013, 02:43 PM

I am thinking with about 8 mins to post is when the money left. Approximated.

SharpCat · 02-22-2013, 03:21 PM

I guess i'm in the minority here. There are several scenarios in which I would cancel a large wager. If I felt my horse was not warming up properly, sweating profusely, reluctant to load, fractious in gate, backed out of the gate. I would cancel my wager under the following scenarios.

davew · 02-22-2013, 04:47 PM

not as bad a problem with a longshot that has a low chance of winning with money pulled 5+ minutes before start.

The ones I hate are a big favorite that keeps money in and not pulled until horses entering gate. Then when it wins instead of even money, it is 3rd favorite and pays over $8.

cj · 02-22-2013, 04:47 PM

Quote:

Originally Posted by SharpCat

I guess i'm in the minority here. There are several scenarios in which I would cancel a large wager. If I felt my horse was not warming up properly, sweating profusely, reluctant to load, fractious in gate, backed out of the gate. I would cancel my wager under the following scenarios.

If you have time to cancel, you could have just as easily waited to bet.

SharpCat · 02-22-2013, 05:03 PM

Quote:

Originally Posted by cj

If you have time to cancel, you could have just as easily waited to bet.

I prefer to make my wagers before the horses come out of the paddock. I want to see the entire warm up to look for any negativity from my horse. If I see any negativity from my horse I will cancel my wager every time. It could be 5mtp or it could be post time.

Robert Goren · 02-22-2013, 05:31 PM

This is a minor problem to all the late money coming in. I seen pools double in size after the bell. You see horses go from 6/5 to 3/5 after bell quite often. It is because of all the prebets that are only made if a horse is such and such of odds at 0 MTP. That what needs to be stopped. If you go use that feature the last you should be able to bet is 3 MTP. I know their posters here who use that feature and I am going to get roasted over the coals what I just said. Constiantly having the pools double in the last 2 minutes is chasing new people from the game. I seen more than one first timer who swear they'd never be back after the odds on a horse they bet dropped in half after they made their bets. I had one tell me that he felt like the world's biggest sucker after it happened to him. It didn't matter to him that the horse won by 6 lengths.

MightBeSosa · 02-22-2013, 08:28 PM

8 mtp? Glad I asked.

There are many ways to make a mistake betting online. Wrong track, wrong horse, wrong amount.

If you were the one on the wrong end of that deal, you wouldn't be amused if you couldn't cancel.

My understanding is , that abuse of the cancel rule is monitored, but I don't have any more than that.

MightBeSosa · 02-22-2013, 08:33 PM

For the most part, folks complaining about big drops, especially on chalk, are without clue.

The price they see 3 mtp is a fiction to begin with. You never did pick a 3-1 shot, you picked an 8/5 shot that was posted at 3-1 3 mtp. Big diff.

I'm not even sure its the conditional wagering that is the cause, more likely the computer bettors who send it in late.