Just placed a $50 bet on American Pharaoh online and won $85. This is my first and probably last time to bet online. Won a $10 bet earlier this year (at the track) on American Pharaoh so thought I’d try my luck again. Surprisingly easy to do, had my bet placed within minutes of deciding to wager (before having an account). He scared me a bit when he seemed to stubble out of the gate but he kept the lead the whole way for 1.25 miles
Just because you can do it doesn’t mean it’s not illegal. I played poker online for a while while it was nominally illegal. I did lose ~$80 or something when the Feds shut down PartyPoker and seized all their assets, but I came out WAY far ahead of that when I was playing all the time.
Here’s the scoop http://gamboool.com/states-where-it-is-legal-to-bet-on-horse-racing-online
I bet $50, withdrew $81.50 of my winnings today, and will have to wait til next week to withdraw the initial $50,deposit rules yada yada. So after I get my $50 back I’ll look around for more lucrative deals elsewhere.
Wait, I think I’m missing something. If a horse comes in and pays $85 on a $50 bet, you get the $81. You don’t also get your fifty bucks back. Or was there an additional $50 deposit to use their system? That would seem fishy to me.
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