Pinnacle lowered horse rebate from 7% to 4%. Anyone know if bets go into the pools?

[WEEKENDALKI]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Blabber Mouth:
Right on Pinny's front page they are still advertising 7% rebate. How do these stupid rumors get started anyway? <HR></BLOCKQUOTE>
Einstein...Several people that I know have a flag on their account that says they are only getting 4% now. Maybe you should talk when you have a clue.

 

[jimmyk+]

i recv'd 7% this morning on ystrdays action

 

[sponge]

I have heard from many many people that pinnacle is sending their bets into IAS of Australia. I have also been told(by these same individuals) that IAS has been a target of the racing commission here in the states.....and are considering pulling their feed.

I say this because...if Pinny is actually pulling back to 4% it could mean that they are moving towards booking...and there is no way...with the sharps in horseracing...you can book and give away 7% across the board. Again..this is 2nd hand knowledge....take it as you wish!

 

[Banned4Life]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Einstein...Several people that I know have a flag on their account that says they are only getting 4% now. Maybe you should talk when you have a clue. <HR></BLOCKQUOTE>

And yet NOT ONE poster here or anywhere else has had this happen or even seen it happen to someone else.

Nice try spreading bullshit rumors.

 

[TheGeneral+]

I emailed Pinny last night asking about this and have got no reply other than it is being forwarded to the appropriate dept. I have asked on a couple occasions as well about pools with no answer.

 

[trytrytry]

i got my 7% as usual this morning.

 

[JimFiestSux]

General,
Noresponse from SUPPOSEDLY the best OFFSHORE BOOK. Not very professional IMO.

 

[SurfBoard]

its true its back to 4%

 

7% for me this morning

 

[knish]

Pinnacle cut me to 4% and at NY tracks they cut me to 3%.Pinnacle doesnt dump into pool but if they deem your action to be sharp they will...they want the option...that is why the rate cut...at 7% ,especially at NY tracks where the takeout on WPS is only 14%...factor in the cost of the feed and margins get real tight