I'm new to betting the exotics...I usually throw a little cash on a few different horses to win...but I was wanting to toss around some exactas and trifectas today...
My question: I know these exotic payouts are based on the pari mutual system...so at the track, the payouts are based on the pooled money (I hope I understand that correctly)...
So when you place an exotic bet at on offshore book like 5Dimes or Heritage...how are these exotic payouts handled?
Do they replicate the payout that was given at the track, or is it based on the money that the specific offshore book took in on these exotics themselves?