so you had the day of lifetime, but in the wrong place...

[elkurzhal]

I wouldn't read this if you get nauseous easy...

www.actionnetwork.com/horse-racing/kentucky-derby-exacta-trifecta-bad-beat-darren-rovell?utm_source=twitter&utm_medium=social&utm_campaign=tan&fbclid=IwAR3vuUai7dPhOdOlZCGrKb8tx53f3aSrc8vKG3QxyjbmDF1on_Y0JPU_Ep4

[Deleted]

Zero sympathy from me i’m afraid. Betting through a race book that pays nothing to support the industry it profits off if is just flat out wrong and you deserve to be hosed.

[Deleted]

Also in the category of more money than brains why would you ever play such large base wagers when there is a cap that would be reached by playing less than 10% of the amounts he bet. 

Also so wonder if the book laid off some of the money in the track pools. If so they made out like bandits.

[quickcall]

That’s what I was thinking, largemac. What are the reasons for not doing so? I’m sure there are some.

[gam]

May 14, 2019 22:35:46 GMT -5 @largemac said:

Zero sympathy from me i’m afraid. Betting through a race book that pays nothing to support the industry it profits off if is just flat out wrong and you deserve to be hosed.

I understand this sentiment but, as a counter point, check out the thread below "Reality of Racing."  The reality of racing today is that it has survived so far primarily by subsidies from other gambling activities.  Purses at most racetracks have never been higher and, in most cases, they are skimming profits from other gaming activities and funneling it into horse racing to make this happen.  

As those above have suggested, he was a victim more of either ignorance of the bet limits or stupidity in not recognizing that he wouldn't get fair return for the wagers he was placing.  Of course, as another counter point, the Book shouldn't be getting the benefit of the artificial limits, they already get the benefit of the takeout being built into their risk/reward ratio.  

[eye123]

William Hill runs the sports and race book at Tamarack in Reno.


Their US Policy:


10. PARI-MUTUEL RACE RULES
a. If a scratch occurs, the rules at the host track will apply to the
scratched entrants.
b. Winning pari-mutuel wagers are paid in accordance with official
results at the host track. Pari-Mutuel tickets must be cashed at
purchase location. Pari-Mutuel tickets are valid for 120 days after
the date of purchase or 30 days after close of the racing meet,
whichever occurs first.
11. NON PARI-MUTUEL RACE RULES AND LIMITS
a. Races must go on the track and date scheduled, unless otherwise
specified or the wager is considered “no action.”
b. Odds are subject to change and winning tickets are paid based on
host track mutuels.
c. Tickets go as written regardless of any change in jockey.
d. Official results and track mutuels, as determined at the host track
on the day of the race, will be considered as final by management
Page 10 of 13
for wagering purposes. Any subsequently overturned decisions will
be disregarded.
e. Tickets will not be altered or voided prior to post time except at the
discretion of management and with the approval of both parties.
f. With the exception of twin quinellas, a wager must be offered in a
pari-mutuel pool at the host track in order for the wager to be
booked. In the event a wager is inadvertently offered, wager will be
refunded.
g. Entries and field horses go as one unless otherwise specified.
Win, Place and Show Wagering
We pay full track odds on all tracks, unless otherwise specified.
Daily Doubles
Daily Double payout odds limited to 150-1. In the event of a scratched
horse, the wager will be refunded.
Pick 3
Pick 3 payout odds limited to 300-1. In the event of a scratched horse,
the post time favorite will be substituted in place of the scratched
horse.
Exactas
Exacta payout odds limited to 150-1. In the event of a scratched
horse, the wager will be refunded.
Trifectas
Trifecta payout odds limited to 500-1. In the event of a late scratch, the
wager will be refunded for that particular combination. Dead heats are
handled as follows:
Dead Heat for Win: You must have both horses in the dead heat for
win along with the show horse to have a winning trifecta. In the
event you had the three horses boxed, you would have the trifecta
payoff twice. The same would apply to dead heats for place and
show.
Dead Heat for Place: The winning horse with both place horses.
Dead Heat for Show: Win horse, place horse, and one of the show
horses.



I'll bet somewhere their payout limits are posted.(I'm also guessing they're booking the bets themselves.)

[spiderjohn]

Someone wagering that kind of $$ on that kind of wagers on horses with that kind of odds in that kind of race which would produce that kind of a payout at that kind of place should imo know the rules of that kind of place--a waste of time and $$$--could have flown to anywhere to do it better

[1hooper]

Sparks some painful memories of the local bookie limits.
Hooper

[tc]

I feel sorry for the guy. I'm always against corporate entities regardless of the circumstances.

William Hill should pay him regardless of the posted limits. And, the guy should give me a % of the winnings for advocating on his behalf