Race tips from a guest Vegas bookie

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A man with many years of experience in Las Vegas sports books offered to write on his perspective of horse bettors in town.

He won't identify his home book and points out that he has no affiliation with any locations mentioned here.

Read the entire column by going to the RX home page at www.therx.com

Charlie
 

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The author of this article is right about horses being much more difficult to beat than sports. An average book is content to hold between 5 and 8 percent of their handle booking sports. A horse book looks to hold around 17 or 18 percent of their handle, this is one of the reasons rebates exixt. Book don't bet when to comes to horses.


wil.
 

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article said close to nothing important! no good info to speak of. Hope you did not pay this guy.
 

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Another fukking moronic view of horseplayers.

Doesn't understand how anybody wins and can overcome the takeout.

Remember the Sport of Kings.

Why doesn't the genius moron say where he works and start booking all bets instead of being pari-mutuel. The winners would find him and have a field day. He would be crying uncle in no time. I guess thats why he working behind a counter.
 

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Hey man, you may think I'm totally off the wall, but if that is your picture, you look like the guy who was the public handicapper at Los Alamitos racetrack a few years back. Is that you?
 

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I wish I was him. He is my idol!

bowdown.gif
 

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What a surprise.

Guys who bet with no rebates (when rebates are there for the taking) get crushed.

By definition, they are clueless. If they had a clue, they would be betting online.

So just because all of them lose in a sportsbook, it doesn't really show anything.
 

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These things are all to be taken in context people. Anything written on the Rx home page can't be an exhaustive volume that could double as a short book. Lets face it, the people hanging around Vegas race books are losers and no one can argue that. And I do think a lot of people that aren't in Vegas have grave misconceptions about books and their employees. If one person reads this and sees that working in a book isn't about the things most outsiders think it is and then decides against moving to Nevada, this article might have served a noble purpose. And it never hurts to remind SOME people in hard terms what exactly they are battling when they play the horses. When you play on a sporting event and you lay out that extra $10 for every $100 you bet, you have a tangible sense of what the vig is. When you bet a flat amount and get paid at odds you expect, it is easy to lose site of just how much the track/house took from you on that winner. Sure the best bettors know this intuitively, but most people that play the horses probably just don't do this simple level of thinking.

None of us that write here have enough space nor a narrow enough band of reader backgrounds to put out brilliant tomés that please all each time out. Some things are just not going to be at your level or address something of your interest; are you assuming that is the case for everyone that reads this site?
 

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the times i have been to vegas,most of the people in the
race books looked homeless.I don't even think they
were betting on the races.seems to me its the one
part of the casino you could hang out in without
spending any money
As for the old timers elsewhere,they are just
at the track more for social reasons than anything else.
Gets them out of the house. they Got involved in racing
when it was the thing to do gambling-wise.they
expect to lose and don't take it personally when
they do so.they are way beyond having their ego/identidy
all wrapped up in being +advantage player.what difference
would it make in their lives?!
Ciao
 

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No excuse for writing such idiotic columns. 3 different posters all commented on how horrible the article was. I guess you are trying to prove your signature as being the gospel.

Let me give you a re-write example of your nonsense.

Article

Writing Tips From A Sports Forum Reader
special to the RX

A man with many years of experience in reading gambling forums offered to write on his perspective of article writers. He won't identify his home forum and points out that he has no affiliation with any forums mentioned here. The following is our guest writer’s column.

Depending upon the time of year, at least 50 percent of my time is spent reading articles on gambling. Writers seldom have any interest in gambling. Many writers subscribe to a bizarre (and mistaken) theory that writing nonsensical drivel leads to interesting articles. Just moments before deadline, wriers charge their computers. Some get their articles in, some are late and use retreads.

Insanity reigns for a minute or two. Then, they all return to their desks to proof-read and realize how bad they are. And they do suck. Some make the occasional obvious point, but the majority of writers are horrible.

Would you like some proof? Find someone to show you how little they know about the topic they are writing on. How do they justify the nonsense in their articles? Simply observe writers who wait until the last minute – then lunge at the computer and then start spewing out what they think is brilliant writing. Track their factual statements over a few days. Maintain your own independent opinion because these misguided individuals never think anything they write isn't 100% accurate and brilliant.

If you could see the lack of knowledge on the topics and all of the mistakes they make from my point of view, you might be convinced that all writers stink. I certainly appreciate their misguided feeling of self-worth, because they fill blank space and sometimes make me laugh at their trying to explain topics they know nothing about.
argue.gif
ralph.gif


Get the idea
 
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If you know what you're doing at the races then the takeout is irrelevant. If, for example, a horse goes off at 10-1 but it should be 5-1 then it's a good bet regardless of what the takeout is. Very rarely, in sports, do you get to lay -110 on a team whose true odds are -220. At the races, in this day and age of simulcasting, it happens all the time.
 

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Think it is an overly simplistic outlook of horse betting and bettors. There is a reason that Vegas Sportsbooks have entered the pari-mutual pools of the tracks. ( It's not because there were so many losers and they didn't want to take there money) And second off there are very few if any real time players doing there buisiness at a Vegas sports book. Writer never said what his personal expertise was as far as horse handicapping besides that he sits behind a counter and punches in bets. That hardly qualifies him or anyone from giving an insightful outlook on the horses. Just look at some of the people behind the windows and you will know what I mean.
 

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people you see in the racebooks are $1 tri box betters. The real betters are at home betting over the phpne or internet.Belch one what you are saying is bet overlays .Stay a way from them chalks ,they are usually underlayed.If you bet horses you must bet for value.
 

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Maybe in the next article we can get a guy who works at a car wash to give us his take on the performance capabilities of high-end luxury cars.
 

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Originally posted by Maria Sharapova:
the times i have been to vegas,most of the people in the race books looked homeless.I don't even think they were betting on the races.

As for the old timers elsewhere,they are just
at the track more for social reasons than anything else."

Hi Maria,
R & S books do attract homeless people; but, if they don't bet, they don't stay forever. You won't be able to differentiate me from a homeless person by appearance, but the guys behind the counter know. I always dress down because it greatly reduces my chances of getting robbed. Also, nobody panhandles me in downtown Las Vegas because I dress worse than they do.

And yes, a lot of the guys who hang around Las Vegas R & S books -- do so primarily because they need some socialization. A lot of them are lonely old guys who have no family. They place the occasional wager -- so they can hang with their friends.

Thank You
Dweeb
 

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