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Brick & Mortar Casinos With Horse Racing Question

Forum: Horse Racing
Author: [Horse Racing] Topic: Brick & Mortar Casinos With Horse Racing Question
PaintItBlack PM PaintItBlack
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Posted: 1/4/2018 8:23:49 PM
Do Brick & Mortar Casinos ban winning horse race bettors? I know they'll ban you if you are a successful counter at Blackjack, and probably if they think you know how to roll the dice skilfully at Craps. But what about horse racing? Do the same rules apply?
AtlantaDavid PM AtlantaDavid
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Posted: 1/5/2018 9:22:09 AM

No-- there is no exposure for a casino booking horse racing bets-- horse racing is a para-mutual game so the track pays out a certain percentage of each wager-- ie..  if 100,000 bet into a race then roughly 85,000 paid out to all winning tickets-- the casino probably gets a little less than 1% to book the bet but not sure --   so again- there is 0 risk for a casino and they just want as many tickets bought as possible

PaintItBlack PM PaintItBlack
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Posted: 1/6/2018 9:12:01 PM
Thanks for the reply.

So, do online casinos operate differently? Because I hear that they regularly ban winners.
AtlantaDavid PM AtlantaDavid
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Posted: 1/8/2018 9:46:18 AM

Yes-  most online sportsbooks dont use the paramutual pool from the track. Thus they book the bets themseleves, so they are at risk just like taking bets on sports. I assume if they have a heavy horse player who is winning all the time they may ban the player especially a player betting large amounts at smaller tracks so the player wont be hurting their paramutual odds. ie.. if a player is betting 5,000 on a horse to place at indiana downs and the total place pool at the track is only 15,000 then that bettor would be getting much better odds on the bet payout as his 5,000 wouldnt be in the pool.  I am sure online books track this and will boot said player if the winnings mount up and the player doesnt bet other things at the online casino like sports, poker, or casino games.  

Midnight1 PM Midnight1
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Posted: 1/8/2018 11:40:16 PM
Online casinos limit their payoff regarding exotic wagering as well.

If you want to play the ponies online join something like twinspires.com  .
AtlantaDavid PM AtlantaDavid
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Posted: 1/9/2018 8:53:24 AM

yes--  a legal US online wagering account is the best option online--  but if you reside in a state like Georgia like I do then you can only do online with a non US company-- I have been with Bodog/Bovada now in the US for the past 15 years and they have solid horse options and rebates. They dont have the pick 5 or pick 6 options however which sucks so i have to drive to Alabama to put those wagers in.

Midnight1 PM Midnight1
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Posted: 1/9/2018 10:57:40 PM
Wow... that blows me away. Access to gambling seems to be an inalienable right dammit! 

I've had access to wagering since I've been 12. I went nutty when I moved to Ft. Lauderdale when I was 24.

Never saw or bet on Jai-Alia or greyhound racing before I got here. Gulfstream, Calder, Hialeah & Pompano Park were fantastic until Hialeah closed & Calder got butt screwed by Frank Stronach .
Just proves we can't take things for granted. 
packersbackers PM packersbackers
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Posted: 1/13/2018 2:04:00 PM
No such thing as a winning horse race bettor 
Jr315 PM Jr315
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Posted: 1/14/2018 12:47:36 PM
QUOTE

Originally Posted by packersbackers:

No such thing as a winning horse race bettor 


Ya think PB, did your jock fall off your horse again? 


Dubs sweep Raps  4 yrs. running!  

Forum: Horse Racing
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