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The Offshore Wire Forum > Offshore Gambling Information > Offshore Sportbooks > Is it possible to beat the horses?

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raiders72001
Registered Member

Date Joined Mar 2005
Total Posts : 1168

Posted 9/22/2005 7:20 AM (GMT -5)

I'm not a horse player but I don't see how it's possible to buck the 17% hold unless you have inside info. The rebates that are available help but you are still looking at a huge hold.

Lots of good horse guys here including Judge so tell me if they are truely beatable long term.

bigboydan
Registered Member

Date Joined Mar 2005
Total Posts : 4887

Posted 9/22/2005 7:31 AM (GMT -5)

Sure you can beat horses but, you need some damn good info in order to do it. the method your probly asking about, the answer is no.

a good capper is only as good as his info.

RPM
Welcome to TOW

Date Joined Jul 2005
Total Posts : 4603

Posted 9/22/2005 9:44 AM (GMT -5)

It seems tough to me, but i'm sure just like everything else, there are some guys out there doing it....

drunkguy
Registered Member

Date Joined Mar 2005
Total Posts : 944

Posted 9/22/2005 10:47 AM (GMT -5)

raiders72001 said...
I'm not a horse player but I don't see how it's possible to buck the 17% hold unless you have inside info.

By that reasoning, sports futures are impossible to beat as well, probably even more so than horses

This is something i calculated back at the beginning of August

Somebody said...
some other books' theoretical hold on AL pennant futures (current lines):

5 dimes: 15.49%

VIPSports: 15.69%

Pinnacle: 18.54%

RoyalSports: 20.29%

Intertops: 23.59%

Sports Interaction: 24.66%

CaribSports: 26.87%

BoDog: 27.82%

Mansion Sportsbook: 28.75%

BetJamaica 38.23%

BetOnSports: 45.36%

BCN Sports: 49.93%

If you play futures at Pinny you are playing into a larger house hold than horses, and you don't get the rebate either.

I am paid INDIRECTLY by the following sportsbooks: Sportsbook.com, Playersonly.com, BetCRIS, 5Dimes, Hollywood, Aces, VIPSports, BetMaker, Superbook, CaribSports, BetWWTS, Nine.com, BetRoyal, Skybook, BoDog, Millenium, Sportsbetting.com, BetGameDay, WSEX.com

RPM
Welcome to TOW

Date Joined Jul 2005
Total Posts : 4603

Posted 9/22/2005 10:51 AM (GMT -5)

dg,

how did you calculate the books hold for futures?

drunkguy
Registered Member

Date Joined Mar 2005
Total Posts : 944

Posted 9/22/2005 5:52 PM (GMT -5)

RPM said...
dg,

how did you calculate the books hold for futures?

use the multi-way calculator at pinnacle

raiders72001
Registered Member

Date Joined Mar 2005
Total Posts : 1168

Posted 9/22/2005 5:54 PM (GMT -5)

Interesting point DG.

Dr Black
Registered Member

Date Joined Sep 2005
Total Posts : 201

Posted 9/22/2005 8:35 PM (GMT -5)

You didn't even factor in the bookshop earns interest on your money and you don't. A $500 wager could have gone in a GIC or puchased an oil stock instead of sitting in some bookies kick. A future play on credit is another story.

RPM
Welcome to TOW

Date Joined Jul 2005
Total Posts : 4603

Posted 9/22/2005 8:38 PM (GMT -5)

dr black,

you bring up an interesting point. i once posted a couple years ago wondering what books do with post up monies while they are holding them. a gic or oil stocks are great ideas, but there are more profitable albeit less leagle ways to invest that money too.....

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