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03-11-2013, 02:36 PM
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#1
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Registered User
Join Date: Dec 2011
Posts: 134
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TVG fees?
I used to have an account with them years ago and I remember paying like 25cents per wager, Why would anyone pay fees when twinspires is free? Also I'm a poker player and other sites offer horse racing with 3 percent cash back.
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03-11-2013, 02:46 PM
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#2
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Registered User
Join Date: Jun 2009
Posts: 14,569
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TVG nickeled and dimed their way out of my business.
Haven't played a cent with them in years, and don't intend to.
Actually, I never deposited anything with them.
Won a couple hundred in a free contest that they deposited for me.
Wound up blowing it, and vowed not to come back. 
__________________
Want to know what's wrong with this country?
Here it is, in a nutshell: Millions of people are
pinning their hopes on a man who has every
chance of returning to the WH, assuming that
he can manage to stay out of prison. Think about it.
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03-11-2013, 03:17 PM
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#3
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Registered User
Join Date: May 2009
Posts: 1,287
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Quote:
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Originally Posted by OCHO
I used to have an account with them years ago and I remember paying like 25cents per wager, Why would anyone pay fees when twinspires is free? Also I'm a poker player and other sites offer horse racing with 3 percent cash back.
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Certainly a $2.00 bettor should NEVER use TVG. People on this board complain (and rightly so) about the high take out rates by the tracks. This in essence is an additional 12.5% takeout. A $2.00 bet (with a .25 wager surcharge) would have to have a 12.5% ROI just to break even.
Most horse players would be ecstatic if they had a ROI this high. Now granted most serious bettors would be betting a larger amount than $2.00, but why pay a fee to bet, when all other services don't and many services offer rebates.
TVG simply will not survive.
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03-11-2013, 03:32 PM
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#4
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Registered User
Join Date: Dec 2011
Posts: 134
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But somehow tvg is getting along just fine, are there that many people out there that don't know other better wagering sites?
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03-11-2013, 03:57 PM
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#5
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Registered User
Join Date: Feb 2013
Location: Central New Jersey
Posts: 1,467
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Quote:
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Originally Posted by OCHO
But somehow tvg is getting along just fine, are there that many people out there that don't know other better wagering sites?
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Besides that, some of us have no alternative other than TVG ( I live in NJ)
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03-11-2013, 04:10 PM
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#6
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Registered User
Join Date: Nov 2001
Location: Ohio
Posts: 108
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Certainly obvious that TVG could care less about the $2.00 player.
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03-11-2013, 04:17 PM
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#7
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Registered User
Join Date: Mar 2010
Posts: 1,178
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I opened up a Tvg account back when just so I could play Japan. TS and xpressbet have since taken Japan but a couple a weeks ago Tvg had an exclusive card from Japan.
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03-11-2013, 07:23 PM
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#8
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Veteran
Join Date: Mar 2013
Posts: 186
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tvg is a joke,Bet America,Twin spires.are two solid books.
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03-11-2013, 08:11 PM
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#9
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Registered User
Join Date: Jan 2011
Posts: 168
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What would happen if a U.S. citizen opens an account at an offshore site like
5Dimes - great rebates ? Go to jail ? Pay a fine ? What ?
How could anyone be so stupid/desperate to pay TVG to make a bet ?
Even if they pay 8% simulcast fees they must be making a fortune. They're just as bad as Canadian banks ......
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03-11-2013, 10:47 PM
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#10
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easygoer
Join Date: Feb 2007
Posts: 976
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Quote:
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Originally Posted by edmond1
What would happen if a U.S. citizen opens an account at an offshore site like
5Dimes - great rebates ? Go to jail ? Pay a fine ? What ?
How could anyone be so stupid/desperate to pay TVG to make a bet ?
Even if they pay 8% simulcast fees they must be making a fortune. They're just as bad as Canadian banks ......
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Yes! But they say that they are losing money
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03-12-2013, 02:14 PM
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#11
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Registered User
Join Date: Sep 2012
Posts: 930
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Quote:
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Originally Posted by edmond1
What would happen if a U.S. citizen opens an account at an offshore site like
5Dimes - great rebates ? Go to jail ? Pay a fine ? What ?
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Nothing will happen, unless the book goes out of business then you will have a 98% chance of losing all the money that you have in your account.
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03-12-2013, 03:45 PM
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#12
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Registered User
Join Date: Oct 2007
Location: Houston , Tx.
Posts: 9,590
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Their sponsors must be what's keeping their heads above water. How much longer will that last?
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03-12-2013, 04:15 PM
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#13
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Registered User
Join Date: May 2011
Posts: 22,649
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Don't they get access to the TVG announcers 'secret picks' that don't make the show?
They probably have a large client list of people that have been with them for years, when they were one of the first.
They may have many people still calling in bets on 800 numbers. We do not know what else is involved with their business.
Off-shore accounts usually have limits on pay-offs and frequently are more difficult getting money into and out of (they are probably breaking some UIGEA law). And as others have said, when they close up shop, they are gone.
That all said, I would not pay 25cents to make a bet.
What do the guys in NY pay at their OTB sites? is it 10% of pay-off?
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03-12-2013, 06:29 PM
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#14
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Veteran
Join Date: Mar 2013
Posts: 186
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sportsbook.com still owes me over a 25000,dont play with a offshore book. 
Quote:
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Originally Posted by edmond1
What would happen if a U.S. citizen opens an account at an offshore site like
5Dimes - great rebates ? Go to jail ? Pay a fine ? What ?
How could anyone be so stupid/desperate to pay TVG to make a bet ?
Even if they pay 8% simulcast fees they must be making a fortune. They're just as bad as Canadian banks ......
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03-12-2013, 08:58 PM
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#15
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Registered User
Join Date: Jan 2011
Posts: 168
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If you can't bet with a legal ADW that offers rebates (ie. Premier Turf Club) then why bet the horses at all especially if you have to pay (fees /withholding taxes etc..). Better off to play the stock market - commissions are negligible now.......
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