racetrack betting pool manipulators

[rpscoins]

A large group of gamblers that could number in the hundreds are manipulating the odds across racetracks in the USA. They will bet as much as 5000 on a specific horse and then methodically cancel the wagers...At the small harness tracks a 500 or 1000 win wager could make a horse 1-9 or 1-5. They are also betting the exacta pools as well. Beware....This will affect the publics wagers when they see a horse at 3/5 or 6/5 2 minutes or a minute to post...Invariably the horse is a stiff and will run out of the money....The gamblers will then box the tris or supers...they have done this with as many as 4 horses in a race...

 

[postaldoug]

How do they cancel the wagers ?

 

[DrunkenHorseplayer]

I think he means that 100 different people will bet $50 each on a horse and then each person will cancel their individual $50 ticket. It's possible but highly improbable and things like this could be discovered by a simple computer analysis of betting patterns.

 

[just4fun]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>A large group of gamblers that could number in the hundreds are manipulating the odds across racetracks in the USA. They will bet as much as 5000 on a specific horse and then methodically cancel the wagers...At the small harness tracks a 500 or 1000 win wager could make a horse 1-9 or 1-5. They are also betting the exacta pools as well. Beware....This will affect the publics wagers when they see a horse at 3/5 or 6/5 2 minutes or a minute to post...Invariably the horse is a stiff and will run out of the money....The gamblers will then box the tris or supers...they have done this with as many as 4 horses in a race... <HR></BLOCKQUOTE> you should seriously lay off the drugs

 

dickie were you run over at a harness track when you were a child? It must be me but it seems all of your posts are about how evil the Harness Racing industry is.

No offense but man you really seem to be on a mission against Harness Racing.

sb

 

[handicapper888]

This is totally BS. The tracks and tote companies did away with the ability to cancel bets some time ago. It was even further tightened after the pick 6 scandal so that many mutuel clerks have even lost the four SECOND ability to cancel a wager when they make a mistake.

 

[postaldoug]

I'm not an expert here, but feel "888" has the best sense of this. My ( limited) experience is once you make a wager, you can't cancel it.

This seems " Fishy" to me.

I've heard of manipulating W/P/S prices( with big bets), and profiting by betting house Quinellas, at casinos.

The house "Q" being some percentage of win price multiplied by place price.

I don't believe this is doable , now.

I call BULLSHIT !

If one wanted to create a huge place price, it could be easily done in jai-alai ( only a couple hundred dollars in pool), but nobody would allow a house Q.

I can't believe this !

 

[EveryGamblersDream]

In the past cancelling was easy but not so nowadays.

 

[ellenwisdom]

DICKIE SMILES I thought you lost it with you cheating post which had maybe 5% truth , but now I know you did.

 

[Fishhead]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by DougJ:
I'm not an expert here, but feel "888" has the best sense of this. My ( limited) experience is once you make a wager, you can't cancel it.

This seems " Fishy" to me.

I've heard of manipulating W/P/S prices( with big bets), and profiting by betting house Quinellas, at casinos.

The house "Q" being some percentage of win price multiplied by place price.

I don't believe this is doable , now.

I call BULLSHIT !

If one wanted to create a huge place price, it could be easily done in jai-alai ( only a couple hundred dollars in pool), but nobody would allow a house Q.

I can't believe this ! <HR></BLOCKQUOTE>

LOL!

Check my post in your jai-alai thread.

http://forum.therx.com/eve/ubb.x?a=tpc&s=100090022&f=988094022&m=314101702

 

[ellenwisdom]

He must have gotten hook up with some sleazy trainer turned him bitterThat could do that to anyone.Talks a lot about past history

 

[ironlock]

You can cancel the wager prior to start.