Quote:
Originally Posted by Bill Lyster
Hey Richard, I agree with you and further as cautioned by Gandolf's refinement, but isn't it true that most ADWs that offer significant rebates also require betting amounts that might be out of reach for most of the betting public?
Where can you get high rebates without having to bet even $100 per day?
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Bill, sadly, as a California resident you can't get access to any rebates worth mentioning (maybe a couple of points max). If only you had a part-time residence in a 'good' state (or a friend who did) ...
In that case, or FYI, for others reading this -
AmWager gives pretty good rebates unrelated to daily/monthly/annual betting handle (and better, if you bet more). Very few tracks with the Win rebate level Richard mentions, though some smaller ones. Vertical and horizontal rebates are better. If you have a method to break-even (more or less) and can analyse more than a few races per day, ANY amount of rebates can form the basis of a nice hobby or a profitable business (according to 'common wisdom'). The more you bet, the better rebates you can access.
That said - prudent use of Methodology tools, selectivity in choosing races/bets and attention to prices at bet-time (including singling or top-wheeling favourites, including Exactas, Doubles or other horizontals) - can produce a flat-bet profit anyway, at least for some. So, rebates can either bring you to profitability or ice the cake, depending on intention and skill level.
Ted