Overwagering Pools Online

[nyc1347]

Wanted to dibble dabble into the idea of being able to overwager pools online.   This goes hand in hand with the Horse Racing as a Profession thread but wanted to seperate it here.  

By overwagering I mean to wager on a race putting a lot of money down that would in turn (at the actual racetrack) effect the payout of horses in person.   When wagering on a racetrack that has less handle you could completely effect the payouts if you were to put a substantial wager at the racetrack on just that one horse.  Example:   Presque Isle Downs there is $5000 in the show pool.. if you placed $3000 on just one horse you would make a huge impact on payouts for that race whether the horse got in the money or not.  

On the internet however you would not only get a rebate but would get the full payout for this horse!   You go from wagering a horse that would naturally pay something like $2.10-2.40 to show no matter who u picked (even money to the longshot) to taking advantage of being able to get a 10-1 at its natural payout with no effect on odds PLUS get a rebate!  

My question is assuming one were to take advantage of such a situation couldnt one say that the takeout would be completely gone and a Positive betting pool exist at everytime?  Basically at Aqueduct they take out %14 in the WPS pool... could one make up for that takeout(plus more) by wagering bigger and getting the rebates back?   I kno a track like AQ it would probably be redic money but im talking naturally about the lower handles such as finger lakes, presque isle down, etc..

[jma11473]

I was under the impression that big show bets and the like were not rebated for precisely this reason. Hopefully someone \"in the know\" will let us know.

[nyc1347]

on the internet they do offer rebates up to %5 from what i have seen with WPS pools on different sites (as long as the show price isnt $2.20 or less).  im looking for anyone to give me info on the best rebates in person though cause getting money back is pretty annoying.  i play the larger tracks like nyra, santa anita, etc so my personal wagers wont effect the show pool at those tracks.

on this post im trying to just make the point that by playing lower racetrack pools (such as a penn national) online that one could possibly make up for a huge chunk of takeout (or more) by rebates and wagering more than an amount beyond the threshold that would clearly effect the odds if the wager was placed in the actual pool.  no idea if that amount would be THAT big but interested to see what anyone could say.  

Realistically, if one could create such a huge swing with the takout percentage then the lower takeout pools would be a better option in the longrun.