Sponsor books question RE: Horse wagering

[Penguinfan]

Anyone here use any of the sponsor books that use the exchange type of wagering that does so for thoroughbred racing?

If so, which book and is there much action?

Thanks

 

[ageecee]

Exchange type of wagering? penguin ive never heard of this what is it?

 

[Penguinfan]

Exchange type of wagering? penguin ive never heard of this what is it?

Similar to Peer-to-Peer wagering that Matchbook.com offers where you don't bet with the book, you bet against other customers and thus can negotiate for a better line since there is really no juice involved. The book takes a commission for setting up the wager. Take a look at Matchbook.com, I am sure they have a tutorial that explains it much better.

In thoroughbred wagering you can get better odds on the horse you want if someone is willing to take the bet, on the other side you can take someones bet if you think theit horse is a loser, thus making you the book in a sense.

 

[ageecee]

Ok i got it now. Never heard of a sportsbook doing that. Hell im looking for a sportsbook that pays full track odds. Might have to join TVG i know they have full track odds.

Got one in Thursday at Sam Houston that should pay decent should she win.

 

[Penguinfan]

Ok i got it now. Never heard of a sportsbook doing that. Hell im looking for a sportsbook that pays full track odds. Might have to join TVG i know they have full track odds.

Got one in Thursday at Sam Houston that should pay decent should she win.

There are a ton of legal US based outlets on the internet that take horse wagers and pay full track odds on every bet.