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10-21-2012, 08:14 AM
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#31
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by ElKabong
Trinity Meadows last raced in 1996.
Gillespie Fair also has a small meet. Probably not carried by your ADW but they do run down there.
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Agreed, Trinity Meadows, at Willow Park, closed after Lone Star opened.
Yes, Gillespie Fair has a small meet, 3 or 4 weekends I believe.
Manor Downs, near Austin, ran as a Class 2 track for a short time after paramutuel racing was legalized, but closed down in 2010 because they were consistently losing money.
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10-21-2012, 08:37 AM
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#32
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by Robert Goren
If they put the issue to a vote of the people, how do you think the voters of Texas vote?
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Texas voters voted in paramutuel wagering before, on economic grounds. I haven't seen a huge improvement in the economic picture since that time, so I tend to think it would pass again.
The problem here is that when it was passed the first time, the revenue was supposed to be earmarked, primarily, for education. But, like Social Security and what was supposed to happen with that money, that revenue was grabbed by the state government and used for anything it wanted. So, that fact, if bought back to light, might cause a vote to go the other way.
I suspect a vote would be quite close, either way.
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10-21-2012, 10:20 AM
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#33
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Veteran
Join Date: Apr 2010
Posts: 2,148
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Quote:
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Originally Posted by raybo
Texas voters voted in paramutuel wagering before, on economic grounds. I haven't seen a huge improvement in the economic picture since that time, so I tend to think it would pass again.
The problem here is that when it was passed the first time, the revenue was supposed to be earmarked, primarily, for education. But, like Social Security and what was supposed to happen with that money, that revenue was grabbed by the state government and used for anything it wanted. So, that fact, if bought back to light, might cause a vote to go the other way.
I suspect a vote would be quite close, either way.
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funny and rick perry says we have 8 billion in the rainy day fund.. 
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10-21-2012, 10:54 AM
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#34
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by precocity
funny and rick perry says we have 8 billion in the rainy day fund.. |
That's right, the rainy day fund hasn't been touched for years, it just sits there, "for a rainy day". I wonder what Perry considers a rainy day. My fear is that either he or his cronies have a plan for that money, they are just waiting for the right time to spring it. You cannot give government money, to be "saved" for emergencies, IMO. They will never use it for emergencies, they will wait until the timing is right, so they can convince the public that that money would be better spent on something they want to use it for.
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10-21-2012, 01:36 PM
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#35
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,643
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Robert,
No way Austin will bore the populace with a Y or N vote on ADW wagering. It's handled as an executive decision within Austin. No one outside handicappers give a crap about it, and that includes 90% of the horsemen. It's a non-issue to 99% of TX voters.
People did vote in pari-mutuel wagering here, and like Raybo said it was supposed to have a % go to the education programs. But as I recall it was the Texas Lotto that got the attention, racing was an afterthought. Lotto was where the $$ was...and is. I'd be shocked if TX made any fair profit off racing here for its live product.
For simulcasting there's some $ to be made, but we'll see casinos (BIG DOG) here before the ADW issue (little dog) is fully addressed. And I don't see casinos here till we have a bad economic downturn to recoup $$
JMO
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10-21-2012, 04:47 PM
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#36
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Veteran
Join Date: Apr 2010
Posts: 2,148
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Quote:
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Originally Posted by ElKabong
Robert,
No way Austin will bore the populace with a Y or N vote on ADW wagering. It's handled as an executive decision within Austin. No one outside handicappers give a crap about it, and that includes 90% of the horsemen. It's a non-issue to 99% of TX voters.
People did vote in pari-mutuel wagering here, and like Raybo said it was supposed to have a % go to the education programs. But as I recall it was the Texas Lotto that got the attention, racing was an afterthought. Lotto was where the $$ was...and is. I'd be shocked if TX made any fair profit off racing here for its live product.
For simulcasting there's some $ to be made, but we'll see casinos (BIG DOG) here before the ADW issue (little dog) is fully addressed. And I don't see casinos here till we have a bad economic downturn to recoup $$
JMO
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GREAT POSt VERY TRUE!!!!!
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11-05-2012, 01:46 PM
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#37
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Registered User
Join Date: Dec 2007
Location: Cajun Country
Posts: 1,080
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I am about to move to Texas, can someone tell me what to expect as I have several ADW accounts. Will I still be able to use them to wager on tracks outside of the state such as Fair Grounds, Saratoga, Santa Anita, etc. ?
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11-05-2012, 02:01 PM
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#38
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Registered User
Join Date: Jun 2012
Posts: 396
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I know several ADW's are closing Texas accounts today. We had hoped that we could grandfather our accts in. Opening no new accts but keeping the ones that were already active. We recieved word that we have to close all active accts.
__________________
Whatever actions a great man performs, common men follow. And whatever standards he sets by exemplary acts, all the world pursues. ~Bhagavad Gita
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11-05-2012, 02:01 PM
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#39
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by Lasix67
I am about to move to Texas, can someone tell me what to expect as I have several ADW accounts. Will I still be able to use them to wager on tracks outside of the state such as Fair Grounds, Saratoga, Santa Anita, etc. ?
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Just don't tell any of your ADWs that you have moved. If you alert them they may close your account. For example, I have had a Twinspires account for a long time, but other Texas residents have tried to open new accounts with them and have been declined because they reside in Texas, while I am still able to wager there. So, "mum" is the word.
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11-05-2012, 02:14 PM
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#40
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Registered User
Join Date: Jun 2012
Posts: 396
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^^ 
__________________
Whatever actions a great man performs, common men follow. And whatever standards he sets by exemplary acts, all the world pursues. ~Bhagavad Gita
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11-05-2012, 02:41 PM
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#41
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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Quote:
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Originally Posted by Lasix67
I am about to move to Texas, can someone tell me what to expect as I have several ADW accounts. Will I still be able to use them to wager on tracks outside of the state such as Fair Grounds, Saratoga, Santa Anita, etc. ?
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I know that the Texas posters here are hoping against hope that they will be able continue to bet. Realistically the answer will be soon be no if not isn't already. You might want to rethink your plans to move to Texas if betting the horses over the internet is important to you.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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11-05-2012, 03:01 PM
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#42
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Registered User
Join Date: Dec 2007
Location: Cajun Country
Posts: 1,080
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Quote:
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Originally Posted by raybo
Just don't tell any of your ADWs that you have moved. If you alert them they may close your account. For example, I have had a Twinspires account for a long time, but other Texas residents have tried to open new accounts with them and have been declined because they reside in Texas, while I am still able to wager there. So, "mum" is the word.
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What about my change of address?
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11-05-2012, 03:21 PM
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#43
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by Lasix67
What about my change of address?
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Not sure, but if it were me, I would not tell any of my ADWs of the move. If you make deposits with the ADWs and receive your withdrawals from them via a bank/bankcard, I would keep that account open where you are now, and keep making deposits via that card/bank account. I would not update anything with the ADW. I would act as if I had never moved at all, as far as what the ADWs know. If you make deposits or withdrawals in any other way, now, and that method is going to reflect a change of address/state of residence, etc., then you might want to use a method that can remain exactly the same after the move as it is now. Like, using a current bank account and bank card, because you can still access that account no matter where you actually live, and that account reflects your current residence, leave it like that.
Act like you're only on vacation in another state, the ADWs should never know, unless you tell them. Leave a forwarding address for snail mail, at your local post office, in case they send mail to your current address, but try to have them go "paperless" with your correspondence if at all possible, form 1099 etc..
Last edited by raybo; 11-05-2012 at 03:26 PM.
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11-05-2012, 03:49 PM
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#44
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Registered User
Join Date: Dec 2007
Location: Cajun Country
Posts: 1,080
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Quote:
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Originally Posted by raybo
Not sure, but if it were me, I would not tell any of my ADWs of the move. If you make deposits with the ADWs and receive your withdrawals from them via a bank/bankcard, I would keep that account open where you are now, and keep making deposits via that card/bank account. I would not update anything with the ADW. I would act as if I had never moved at all, as far as what the ADWs know. If you make deposits or withdrawals in any other way, now, and that method is going to reflect a change of address/state of residence, etc., then you might want to use a method that can remain exactly the same after the move as it is now. Like, using a current bank account and bank card, because you can still access that account no matter where you actually live, and that account reflects your current residence, leave it like that.
Act like you're only on vacation in another state, the ADWs should never know, unless you tell them. Leave a forwarding address for snail mail, at your local post office, in case they send mail to your current address, but try to have them go "paperless" with your correspondence if at all possible, form 1099 etc..
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Thanks, I think I'm good then because I use ezmoney from checking acct of bank that is also in Texas.
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11-18-2012, 10:07 PM
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#45
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,643
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Welcome to Texas, Lasix 
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