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Horse betting rebate shops
I have developed a horse racing system that looks to be slightly +EV. It's probably around break-even in real life. It should be profitable after a rebate.
My questions: 1) What is the best rebate shop? 2) What reputable shop offers the highest rebates? This New York Times article talks about a $24 million/year player getting a 10% rebate. What's a realistic rebate for those of us who are betting a wee bit less than $2 million a month? [img]/images/graemlins/grin.gif[/img] 3) Do rebate shops that offer full racetrack payouts send their bets to the parimutuel pool or do they book it themselves? That is, if I find a juicy opportunity and bet $1,000 to win on a race that has only $3,200 in the track win pool, am I going to crush the odds myself? 4) What should I be looking for in a racebook? Thanks in advance for all replies. |
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