70 years of bans handed out in betting network "corruption"

[Hollywoodmike]

Everyone witnessed the head to head matchups at Del Mar this past summer. $200 pools. No interest whatsoever. Time
to move on.

[Andyc]

Everyone witnessed the head to head matchups at Del Mar this past summer. $200 pools. No interest whatsoever. Time
to move on.

Another ill-informed statement. Head-to-head betting is nothing like exchange wagering. To paraphrase Obama if you like your tote betting you can keep your tote betting with exchange wagering. I think the smart bettors will opt for fixed odds and low take-out.

[Hollywoodmike]

The best bets are the sports bets in Vegas (-110 to make 100). Your exchange wagering bets will never match that low
takeout. Never.

[Andyc]

The best bets are the sports bets in Vegas (-110 to make 100). Your exchange wagering bets will never match that low
takeout. Never.

The best bets are sports betting on the exchanges. Much less than 11/10. As for racing getting as low as sports bets in Las Vegas, you are correct. The take of 4.55% will never happen in racing but I can see one lower than 10%.

[Fredo]

Andy do sports betting exchanges charge you a fee to receive your winnings/money ? I've heard multiple stories of Bet 5, all of the above charging its customers a minimum of 50.00 or more to send them their money.Either electronically or by check. In fact our very own beloved Sluggo hit a monster P4 last year and it took weeks and a large fee to receive his winnings.

[So.cal.fan]

I am a WIN bettor, so I am very interested in lower take-out and fixed odds.

[Reallyquiet]

Exchange wagering will be the fina nail-in coffin to American racing,and it almost has enough nails already.When it comes to racing,appearances ARE reality.That may be a a nunfair statement,but it's the truth.Most players are already jaded,and conspiratorial eye at trainers and jockeys all the time.Betting on horses to lose will further boost these sometimes unfounded complaints.The effect will drive away more and more patrons to different forms(poker etc) of gambling.
Its kind of the same argument here in Jersey about the proposed sorts betting.Professional sports doesnt want the negative juxtoposition of their sport with loss of monies and possible chicanery.And advertisers do not want their commercials associated with bad feelings of money loss and feelings of being "robbed".
Even though Exchange wagering may not be that much different than whats going on now,it will

[Andyc]

Andy do sports betting exchanges charge you a fee to receive your winnings/money ? I've heard multiple stories of Bet 5,<img src="/images/chat/pineapple.gif"> all of the above charging its customers a minimum of 50.00 or more to send them their money.Either electronically or by check. In fact our very own beloved Sluggo hit a monster P4 last year and it took weeks and a large fee to receive his winnings.

I don't know. Back when Pinnacle was taking bets from US citizens I never was charged for deposits or withdrawals.

[Andyc]

Exchange wagering will be the fina nail-in coffin to American racing,and it almost has enough nails already.When it comes to racing,appearances ARE reality.That may be a a nunfair statement,but it's the truth.Most players are already jaded,and conspiratorial eye at trainers and jockeys all the time.Betting on horses to lose will further boost these sometimes unfounded complaints.The effect will drive away more and more patrons to different forms(poker etc) of gambling.
Its kind of the same argument here in Jersey about the proposed sorts betting.Professional sports doesnt want the negative juxtoposition of their sport with loss of monies and possible chicanery.And advertisers do not want their commercials associated with bad feelings of money loss and feelings of being "robbed".
Even though Exchange wagering may not be that much different than whats going on now,it will

Since the day I started betting back in the early 70s there has always been an appearance of impropriety. Nothing has changed and nothing will change with regard to that. Strange as it seems many bettors like having that idea as a crutch. "Boy how could that 4 horse lose it was the only speed in the race? The jockey must have held him back." It's easier to come to grips with being a victim than it is being a lousy handicapper. Even if racing were held on the dead square there would be wide-spread criticism of chicanery on the part of jockeys, trainers, etc.

The NFL is as popular as it is BECAUSE of betting not in spite of it. It would seem improper for them to back sports wagering and bring on the innuendos. By taking their holier than though position they can have their cake and eat it too.

[Andyc]

Exchange wagering will be the final nail-in coffin to American racing,and it almost has enough nails already.

So the answer is to maintain the current outdated wagering platform because you're worried about the image of racing? That would be like telling a near-terminal patient not to drink a life saving medication because it might stain their teeth.