pinnacle horse wagering??Parimutuel??

ellenwisdom · May 31, 2004

JIM I am telling you they are not putting me into pools as of last night I check almost every bet when you bet 100win on 40or 50 to 1 shots late and 20 dollars is added pool where did the money go

JimFiestSux · May 31, 2004

And it makes no sense cause in most flats races there is a large enough handle that a dime really won't change things, but at a small track a dime will make a 10-1 shot go to even money or less! These are the tracks these books should lay off to!

trytrytry · May 31, 2004

ellen you are correct its easy to check if your money went in these pools if the pools are pretty small. They might be able to however press a button and put something in. My guess is that they have the ability to snap it inot the pool at any moment but usually do not. Just my $0.02 or should I say $200?

JimFiestSux · May 31, 2004

Ellen,
I believe you cause I monitor races I play too and its easy to tell on the smaller tracks if your wager was added or not!

ellenwisdom · May 31, 2004

Shrink you are wrong about all the money going into pools Maybe some and not all small racetracks Maybe that is just you with your repuatation. of being a wise guy

THE SHRINK · May 31, 2004

Well then,

I will ask their Main guy and see what he says, ok?

ellenwisdom · May 31, 2004

GREAT

ellenwisdom · May 31, 2004

How could any one bet a $1000 dollarsat a small racetrack it is a complete different game playing for &1 exoctics trying to get pool .YOU have to be careful because at Pinnacle you can not get paid if no at track has exoctic they pay twice consolation price and overlays never less than 6to 1

incognito · May 31, 2004

Yes they put them into pari. As a matter of fact....they put them in through IASbet of Australia. Now maybe IAS is booking some of them....But I can assure you they are betting through IAS

ellenwisdom · May 31, 2004

I dont know where it goes and dont care as long it does not hit pools

AskHerman · May 31, 2004

Ellen just think about this how is Pinnacle able to give you 7% on wins and losses they are making 17% most casino's in Nevada are Parimutual.

ellenwisdom · May 31, 2004

,understand more than you the math for me money not going into pools is worth 20%or more I am no idiot I am telling you my money has not hit pools when it does I will say so

ellenwisdom · May 31, 2004

INGONITO so what it if does not hit I diont care what they do with as long as they pay have you ever check or is all hearsay enough I am out here

ellenwisdom · May 31, 2004

incognito IASBET had a agreement thoro association that they could give a extra point on none US players they have stopped a lot of that because offshoire was sneaking US players in there hub is in New England right I dont care what Pinnacle does with the money as long as they pay when you win and dont go into pools many more attrative offers if money goes into pools

ellenwisdom · May 31, 2004

One last question for you experts that state the fact is and for sure which is probably all hearsay who pays the taxes on signers

ellenwisdom · May 31, 2004

Incognito IUASBET takes only US thorobred tracks I bet only harness

ellenwisdom · May 31, 2004

If they are dumping thoroubreds into pools they are propb aly making between 11 and 12% bcause of the low take out NY calif rebates are lower at them tracks handle is large and a big persentage of there volume is there

Thrillseeker · May 31, 2004

Pinny has posted rules on their website stating that they will triple your payoff if you hit a wager which isn't hit in the track pool (this happens from time to time with longshots in supers), so it would surprise me a great deal if they are dumping EVERY wager into the US pools...

incognito · May 31, 2004

ellen....since you now know that I AM a know it all....here is your tax ticket answer.....IASBET doesnt have tax tickets....they are a foriegn entity..and dont get the same tax issues some Americans do. they do have issues...but you would never know about them...its a cash flow issue. They will get all the take outs back..but have to float it for a while.

As for them not taking some of their action and dumping it it into the pools....I agree...they are sending it to iasbet and I am sure that ego maniac over their books them.

By the way....thanks for noticing that I was a know it all...lol

GREENHEAD · May 31, 2004

Pinny lays off almost all horse wagers.But if you have an agent that takes some of your action they will layoff the percentage that they keep.Did you notice that Bay Meadows max payoffs changed.They are not group B anymore.I wonder why?I actually now why,but Ill let you guys figure it out.