Back in 2013 Emerald Downs was chasing me all over the track because I was winning to much money. I outsmarted the track with my winnings system. They knew it too. They were watching me like a hawk collecting thousands and thousands at the window True story. They limit my bets to only a $1000 a race. I had to sign it or I could never go again.
This is a silly story.
You’re not betting against the track in horse racing, you’re, in essence, betting against other bettors because it’s parimutual betting.
In other words, all the money bet is pooled together and distributed after the track takes its percentage out.
The more that is wagered, the more the track makes as a result of its percentage take out of the win bets, the exotics, etc.