1. #1
    Chuck Beezy
    Release da hounds!!!
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    Join Date: 06-02-13
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    FINAL Odds

    I'm a player at Euro books mainly exchanges tbh, so forgive my naiveity when it comes to this topic.


    Talking about US/Offshore racebooks.. if i pick a horse in a meet to Win, for example, at odds of 5/2 10 minutes before post time and the odds shorten to 6/5 just before the off, do I get paid at what I backed it at (5-2) or what it closed at (6/5)?

    I have a feeling it's closing odds but what is the reason behind this? Why is so much value lost?

  2. #2
    balls2wall
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    It is the closing odds

    I wish you could lock in the odds at the time of the bet

  3. #3
    BGboothA
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    Yeah unfortunately its the closing odds, not like other sports betting where your ticket is good.

    Nothing worse than loving a horse at 4-1 only to see it drop to 1-1 by post time.

  4. #4
    Chuck Beezy
    Release da hounds!!!
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    Quote Originally Posted by BGboothA View Post
    Yeah unfortunately its the closing odds, not like other sports betting where your ticket is good.

    Nothing worse than loving a horse at 4-1 only to see it drop to 1-1 by post time.
    It's crazy, I guess it works both ways on outsiders backed at a low price who's odds lengthen at post then goes on to win.

    I do hope this stuff evens itself out over time but must be a real pain for you guys

  5. #5
    nvrlose37
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    Well it's pair-mutual, everyone is basically betting against everyone else in the pools.

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