Wil, I guess you are right about the name calling. I will refrain from the crybaby comments and I will offer an apology to Jake for that.
However, what he is doing is wrong. Yes he may put the funds into the guys account if the drug test come back clean, BUT that shouldnt be an issue here. He booked the bet, had a time to cancel it before the race started and didnt do a thing until after the bet won. That isnt the way to run a business IMO.
However, what he is doing is wrong. Yes he may put the funds into the guys account if the drug test come back clean, BUT that shouldnt be an issue here. He booked the bet, had a time to cancel it before the race started and didnt do a thing until after the bet won. That isnt the way to run a business IMO.
themanowesme thanks. I agree with you about booking a bet, and the obligation to pay no matter what happens on the track being the over-riding issue here. Cancelling the bets were not really options once they were written. All well run horse rooms will maintain an exposure limit to any given race. The more obscure or in this case notorious the track the lower the exposure amount. After the first (new) player bet maximums on the horse, the horsebook manager should have offered courtesy small bets to anyone else interested in betting on a morning line 20-1 shot at a track like FL. Easy for me to say after the fact, but still the best way to book horses.
wil.
wil.
i was wondering how much did these guys win to stir such a contoversy? I see the win was $24 and change, but they must of hit alot of exactas and tifectas to push the books to not pay. A $256 exacta? A $2400 tri?? What were the books limits?? After looking at the card, being opening day, at a screwy length of 4.5 F, and the only first time starter wins at a price, i probably wouldn't want to pay either. One post said the winner was the only one not on Lasix, so how do you conclude the horse was doped?? (must be, he won at a price) Looking at the 1/4 poles, this was a slow race, even for this condition, and slow race for the day. Sounds to me these guys bet a hot horse that won by a length( a clear scam??) and tagged some exotics to pad the profits. Whats wrong with that?? Hell, if i was a bettor at that track, i may have took a stab too by the looks of the rest of the field. All the rest of the horses are proven losers by double digits, and a first timer gets the win. Go figure. Sounds like a logical risk to me. By the way, i enjoy Rio's proffesional postings on this issue. He has my respect.
michael777 , got it right.
A firster in a field of sh*t wins and the bookies cry fix? They can't be that dumb.
Some clown opens a fresh acct and bets the limit on a 1st starter at a dump, and the bookies don't flag that? They can't be that dumb.
Any maker that refused to pay on this should be run out of the game asap.
A firster in a field of sh*t wins and the bookies cry fix? They can't be that dumb.
Some clown opens a fresh acct and bets the limit on a 1st starter at a dump, and the bookies don't flag that? They can't be that dumb.
Any maker that refused to pay on this should be run out of the game asap.
Hey Oscar, you got it right. Any book that doesn't pay should be run out of the business. The race was legit. There was no doping,and it was a slow ass time .How was that a fixed race ?Give me a break. I'm sure that, if there are any books that don't pay on a legit race they will lose more business from the flood of complaints and being on the black list of scum bag books that dont pay than if they did pay. Think about it, when I first started betting offshore, the first thing I did was check the black list, and those were the books I stayed away from.
Gents,
I can appreciate all of your opinions, and I understand that some of you feel very strongly about this issue. Gold Medal Sports has no problem paying legitimate winners in our sportsbook, racebook, or casino...and paying quickly.
When this incident first came to light, MANY books decided they would not pay. I spoke to a few owners/operators and got a feel for how they felt this should be treated. Daily, I am thanked by my peers for standing my ground on this issue. I have NEVER said Gold Medal Sports will not pay the clients....I simply stated, that due to the suspicious nature of the accounts and the play, the winnings would not be credited until we receive the test results from the track. Should the test results prove negative, we have no problem paying the client immediately. FWIW...I have even been contacted by the NYSRWB and one of their investigators to help with this matter.
I would like to say thanks to Wilheim for raising a valid point. I have always been here for the posters. I am one of the more active GMs on the board. I have offered bailout programs to people getting stiffed from numerous books. I have allowed the Rx Mod Squad to mediate disputes that arise, when necessary. I have offered bonuses when clients ask. I have sponsored contests when sponsors where needed. I have given CONSTANTLY to this site since its inception...please remember that before questioning my honesty or integrity.
Understand this. I will not be bullied. I will not be pushed around and forced to do something that I do not agree with. If the clients in question have NO PROBLEM with my decision, then I have done my job...I have kept my clients happy. I said we would get results on Thursday, and the matter would be solved at that time...that is still the case.
A few of you have called me, very upset with this situation. I spoke to them and described our side of the story. I explained our thoughts and, by the time they hung up, they were content with my responses and understanding of my decision. I offer the same opportunity to any of you. My number is 800-430-5896 and my extention is 7201.
Thank you and best of luck!!!
Jake Slater
I can appreciate all of your opinions, and I understand that some of you feel very strongly about this issue. Gold Medal Sports has no problem paying legitimate winners in our sportsbook, racebook, or casino...and paying quickly.
When this incident first came to light, MANY books decided they would not pay. I spoke to a few owners/operators and got a feel for how they felt this should be treated. Daily, I am thanked by my peers for standing my ground on this issue. I have NEVER said Gold Medal Sports will not pay the clients....I simply stated, that due to the suspicious nature of the accounts and the play, the winnings would not be credited until we receive the test results from the track. Should the test results prove negative, we have no problem paying the client immediately. FWIW...I have even been contacted by the NYSRWB and one of their investigators to help with this matter.
I would like to say thanks to Wilheim for raising a valid point. I have always been here for the posters. I am one of the more active GMs on the board. I have offered bailout programs to people getting stiffed from numerous books. I have allowed the Rx Mod Squad to mediate disputes that arise, when necessary. I have offered bonuses when clients ask. I have sponsored contests when sponsors where needed. I have given CONSTANTLY to this site since its inception...please remember that before questioning my honesty or integrity.
Understand this. I will not be bullied. I will not be pushed around and forced to do something that I do not agree with. If the clients in question have NO PROBLEM with my decision, then I have done my job...I have kept my clients happy. I said we would get results on Thursday, and the matter would be solved at that time...that is still the case.
A few of you have called me, very upset with this situation. I spoke to them and described our side of the story. I explained our thoughts and, by the time they hung up, they were content with my responses and understanding of my decision. I offer the same opportunity to any of you. My number is 800-430-5896 and my extention is 7201.
Thank you and best of luck!!!
Jake Slater
Jake, you sound like a well thought out, articulate,intelligent man. I agree with alot being said on your behalf pertaining to this issue. I may call to set up an account with you, based on your professionalism. It is still slightly detering that the books can hold or refuse payment based on speculation, and lets face it, it really is speculation,at this point, but after hearing your side of the story, well, i dont blame you. If you do make good on your promise to pay if there is no proof of doping, i applaude you, and your owners for doing the right thing.If this is a doping issue, you will send a loud and clear message to that. As far as the other books that called it a "scam" from the start, and stating "we are not paying", without investigating, unfortuately those are the books that make guys like me feel that off-shore is more than a just a gamble, it makes me feel that its not worth the hastle. Jake, you need to disassociate your company from these others. Rio and yourself seem to be the only ones doing the legwork here. All others seem to riding your coat-tails. As you said before, "no wonder other books dont post" and i see that you have been being attacked, you are way out #'d, but you have deffended yourself justly. Nice job. I enjoy your take and unswayed opinion, and also your insight on this issue. You deserve a raise, (if you havent already given yourself one , just Kidding). Keep up the good work, and let us know what happens as this story unfolds.....
More bullshit.
THE RESULT HAS BEEN DECLARED OFFICIAL. It doesn't matter if the horse was doped up with crack, percocets, and had a jet pack hidden in his ass. THE RESULT HAS BEEN DECLARED OFFICIAL. It was YOUR OWN DAMN FAULT that you are too incompetent (or GREEDY) to limit your risk at a garbage dump like Finger Lakes. If the horse had lost you would've taken the money and laughed all the way to the bank, dope or no dope.
It makes me sick that I could hit a score at the track and then have the book tell me they ain't paying because they think the horse was doped or the race was fixed or the wind was blowing the wrong way or whatever bullshit excuse they can come up with.
THE RESULT HAS BEEN DECLARED OFFICIAL. It doesn't matter if the horse was doped up with crack, percocets, and had a jet pack hidden in his ass. THE RESULT HAS BEEN DECLARED OFFICIAL. It was YOUR OWN DAMN FAULT that you are too incompetent (or GREEDY) to limit your risk at a garbage dump like Finger Lakes. If the horse had lost you would've taken the money and laughed all the way to the bank, dope or no dope.
It makes me sick that I could hit a score at the track and then have the book tell me they ain't paying because they think the horse was doped or the race was fixed or the wind was blowing the wrong way or whatever bullshit excuse they can come up with.
Jake your post is a good one.
As I said above
posted April 19, 2004 09:08 PM
Jake is free to make any decision he wants to. They can pack up and leave tomorrow if that is the choice they make. They can not pay off booked wagers at any time. And a forum like this one can blacklist any book (or rate them low) that does not pay a booked wager to get the word out. Drugs or no drugs, or an electric whip, or holding a mount back, or jumping off the horse, the race was run, parimutual results were paid. It is black and white here but Jake could still choose Black he can do whatever he wants to.
As I said above
posted April 19, 2004 09:08 PM
Jake is free to make any decision he wants to. They can pack up and leave tomorrow if that is the choice they make. They can not pay off booked wagers at any time. And a forum like this one can blacklist any book (or rate them low) that does not pay a booked wager to get the word out. Drugs or no drugs, or an electric whip, or holding a mount back, or jumping off the horse, the race was run, parimutual results were paid. It is black and white here but Jake could still choose Black he can do whatever he wants to.
Jake did decide to make proper decisions after point taken. Trytrytry,as a bettor, you ARE the best post to defend the bettor. I still agree with both sides, and in a later post, I will elaborate, till then, I am anticipating the results of the blood test, and the decisions the reputable books will make, either to defend , or demean their current stand on this issue. Until Thursday????? I look forward to the progress of this story ......keep the updates coming
Does anyone know of the other reported "Big name shops" that have already chosen not to pay up?
that sounds very unlikely to me. Lots of hot air and hype! I bet there are no such top tier shops actually not paying based on this issue.
Jake has reported
MANY books decided they would not pay. I spoke to a few owners/operators and got a feel for how they felt this should be treated."
What MANY books are you talking about?
that sounds very unlikely to me. Lots of hot air and hype! I bet there are no such top tier shops actually not paying based on this issue.
Jake has reported
MANY books decided they would not pay. I spoke to a few owners/operators and got a feel for how they felt this should be treated."
What MANY books are you talking about?
