do pinnacle,sportsbook.com offer pari mutuel wagering?

dickiesmiles · Oct 27, 2006

I notice that pinnacle pays full track odds but sportsbook.com pays only 300-1 max...any info on whether the $ is in fact sent into and comingled with track pools?

SportSavant · Oct 27, 2006

if I remember correctly, pinnacle and betcris both do....

but im sure the horse players will chime in and let you know.

one thing for sure WSEX does not and I think more than 90% of books do not.

TONYO · Oct 27, 2006

No book compares to pinnacle for horses.The rebate program alone is a monster. If a track tri pays 5000 you will get 5000 or what ever it pays.My guess is that they grade your action and if you are proven winner its into the pool otherwise they hold it. Also much better rule on the picks. If you have a scratch all combos are refunded you dont get stuck with the favorite.

Labeeb · Oct 27, 2006

Pinnacle money goes into mutuel pools, CRIS reportedly does not.

Why do you want to know? Going to bet some rigged races?

G.MONEY · Oct 27, 2006

Labeeb said:
Pinnacle money goes into mutuel pools, CRIS reportedly does not.

Why do you want to know? Going to bet some rigged races?

:missingte

royalfan · Oct 27, 2006

Labeeb said:
Pinnacle money goes into mutuel pools, CRIS reportedly does not.

Why do you want to know? Going to bet some rigged races?

How in the hell could pinny make money on horses if they sent them into the pool AND pay those rebates? I highly doubt they are sending these wagers into the pool. What makes you think so?

Woody0 · Oct 27, 2006

royalfan said:
How in the hell could pinny make money on horses if they sent them into the pool AND pay those rebates? I highly doubt they are sending these wagers into the pool. What makes you think so?

...because they have an agreement with US tracks to get a 10% rebate?

:missingte:missingte:missingte

Labeeb · Oct 27, 2006

It's this wonderful thing called takeout. Then Pinny only pays the host about 3% of all wagers and keeps the remaineder of takeout. Without purses or horsemen or taxes to pay or buildings to upkeep like racetracks, the rest is profit for Pinnacle. PLENTY of room to spare for rebates.

steaktartar · Oct 27, 2006

they get 12 to 15 percent rebates at spots lot of places to do this various hubs...........i have heard they do dump some guys tuff book most i have no proof just what ive heard and if they do very easy for them to get higher rebates than they give you