ACESGOLD

[Swope]

Anybody had any experience with ACESGOLDCASINO.COM as a place to bet horses? Appreciate the input. Carl, almost bet that you have.

swope

[Carl]

Been using them off and on for over a year, NEVER a problem.

They are one of the more solid offshores, they will take a $20,000 bet on the playoffs and not blink.

[hurrikane]

Carl,...uhh..is that your personal experience? :D

[Cliff]

Swope,

I have a very small (emphasis on very small) account with them from winnings from a handicapping contest on another board. Acesgold basically gave me the money. Although, I've never tried to cash any of it in, I have had excellent results with them paying off on winning tickets. Of course, they always manage to deduct the losers.

The only drawback is that they don't handle every track. You'd probably need a second service if you wanted to be able to bet every track.

Hopefully Carl won't bankrupt them with his $20,000 bets before you get signed up.

Best of luck,
Cliff

[GAMBLERDB]

I'VE BEEN USING ACES GOLD SINCE CARL MENTIONED IT AWHILE BACK, AND I LIKE THEM VERY MUCH--EASY TO USE

[Swope]

Thanks guys. looks like they're okay. Will start small.

swope

[Bernie]

Aces and their parent company, Sports Market, are solid. But small players should be aware of their "exit fee" of around $40 to close your account. You have to read the fine print to find mention of this.

[Carl]

I have gotten paid from them a few times, in hours, no problem.

Just use the http://www.neteller.com off their site to move money in or out.

Bernie, there never should be a reason to "close your account". As far as I know, you can withdraw your full balance at anytime without a fee, you can just leave the account open with no money in it. Neteller is much faster than anything the "stateside" offtracks use. And no fees to user.

[Carl]

I bet $82 on the NFL playoffs this last weekend, it turned out to be $82 too much.

I do not forsee hitting the $20,000 barrier in the near future...........

[Glen]

Couple questions:

1) Do they automatically report to the IRS.
2) Do they take all wagers that the track offers?...P4, P6?

[Carl]

no and no.

They don't ask for a SS number or anything. Just a valid e-mail address.

Don't think they take any multiple race bets other that DD's.

[Glen]

Thanks Carl. From your experience is there an off shore book that is reliable that will not report to IRS and will take the P4 wager?

[Carl]

No, don't know of any.

Books really don't like to "gamble", and horseplayers do scare them more than sportsbettors. http://www.betehorse.com who is probably the best and best known offshore book, claims their horse book profit is "marginal". I got them to agree to take Delta Downs in the near future, which, if the Cajun good old boys find out, will marginalize them futher hehe.

Funny story of how little offshore books know about horseracing.

One of my board buds who has a credit offshore book (no cash postup in advance) asked me if their was anything "funny" about racing at FL. I said most everything about FL was "funny", told him the "flipping halther" story, and asked him why he asked.

Turns out he was booking $500 win bets and $500 ex boxes from a guy betting FL who was cleaning his clock. I told him he was nuts, he agreed and stopped doing that.....

He wasn't too happy about losing these bets either, as the guy had set him up over a period of time then suddenly popped a few winning big ones over on him. Told him to limit the guy to $50 bets there, think he did.

But by that time the horse had already left the barn hehe.

[Bernie]

Along the same lines, a concern I do have about Aces is that they say they pay full track odds and will accept any size horse wager. Seems to me this is asking for trouble somewhere along the line.

An offshore book that looks very interesting to me is New Age Bets http://216.190.143.50 They handle as many tracks as betehorse, allow horse parlays - across all tracks and races, and take all sports bets for life at 5% juice - plus give you a $25 sign up bonus.

[MikeDee]

good article on difference between horse players and other gamblers

http://espn.go.com/horse/columns/misc/1311835.html

Maybe this is why the books don't want horseplaysers, they actually expcect to ein money

[hurrikane]

hmmm...sounds like Sartin. Isn't that how he started?

[Swope]

Pretty much how Doc says he started except for pricey tout sheet. Blve he met Sam Sedgewick and started doing FPS based on what he learned from Sedgewick.

[Carl]

Bernie,

1) I think Aces Gold knows what they are doing in that the "unlimited" is limited to larger tracks with less hank/pank, and, interestingly enough, they limit MCL's to $200 bets there also.

2) I have a problem with New age in that
1. They are new.
2. I food fight on boards with the owner occasionally and he is an idiot.
3. They formed the book after selling their old book with a non-comp agreement, immediately violated that, AND left the new owners of the book they sold with $350,000 in undisclosed postup obligations.

But we shall see. Getting paid from an offshore is always numbero uno.

[Carl]

Not a bad deal for him, since he gets a 10% minimum referal fee from e-horse. Agree with him though, they are solid. And pay fast. No waiting days to get your money like at YOUBET, these guys will pay you within minutes.

Here's the e-mail I got from Barry today:

***********************************
Dear Racing Friend,

If you bet the horses, I've got good news for you--and a $20 check for you.

Barry Meadow here to tell you that many players have asked me when phone-betting in California, which was supposed to begin January 1, will actually start. But there has been a delay. In fact, several U.S.-based services which had been taking California bets (such as winticket.com) are no longer doing so--which is why I am writing you this e-mail.

Like you, I prefer to play with U.S.-based phone and Internet services that put the money directly into the track pools. But because such services are not accepting bets from Californians on California tracks at this time, those of us who prefer
to bet from their home or office have only one alternative--offshore racebooks.

The one I am recommending is www.betehorse.com. This service, based in Costa Rica, offers rebates of 2% to 5% depending on your weekly action--even if you're a small bettor. And the bets do not go into the pools. It's legal, safe, free to use, and the rebates are credited weekly directly into your account.

You can bet at many, many tracks via this service, which is available not only via the Internet but also by telephone (with English-speaking operators) in case you're having computer problems. The service accepts bets to win, place, and show, along with exactas, quinellas, trifectas, and daily doubles. It takes substantial bets, including bets of up to $1000 to win, and up to $300 on exactas and daily doubles, at Santa Anita.

Now, here's how to receive a $20 check just for signing up:
1. Go to the website
2. Fill out the signup form
3. Under How Did You Hear About Us, select Barry Meadow
4. Send me an e-mail at bmeadow@aol.com with your name and mailing address
5. When the racebook notifies me that you've funded your account with $200 or more, I will send you a check for $20.

I use betehorse myself, and recommend it to you during this period when we cannot use U.S.-based account wagering sites. Feel free to call or e-mail the service if you have questions. If you want to talk to me directly here in California, my number is 805 226-9611.

Barry Meadow
*********************************************

[Swope]

Don't see how ACESGOLD paying trk odds and accepting large wagers is heading for trouble cause: They say the money goes into parimutuel pools. In that, they are no diff than racebook I frequent.
Got same e-mail from Barry. Hey, there's 10% on my money right there.

[Bernie]

I'm very surprised to hear that ACES $ goes into the parimutual pools. I thought the only outfit in the islands set up to share in the parimutual handle was in the Virgin Islands. Why then would ACES have maiden race limits of $200 as Carl reported?

[Carl]

Yeah, I don't think Aces goes into parimutuel pools either. Think they are big enough to absorb any swings, and greedy enough to go for the "extra profit".

Would guess they could layoff if they wanted to, I am sure they know some "North Dakota" type operations they could get kicked back from. Donno if they would bother.

[AcesGoldCasino.com]

New to this forum. Found out about it from Peep's post at MW.

First of all, we appreciate the positive remarks about our horseracing program. Now, quick to some clarifications.

1. We are NOT part of and NOT connected to parimutuel pools. We book the races on our own but stil pay Full Track Odds with No Caps.

2. About Bernie's "$40 charge" when he cleaned out his account,
a. we offer one (1) free withdrawal per week if the customer's balance after the withdrawal is more than $500.
b. if the balance is less than $500, withdrawal charges will apply. These are processing charges, none of which goes to AcesGold but other companies depending on the method the money is sent, $10 for credits back to Visa, $45 for checks sent via Fedex, and appropriate fees for Western Union and Neteller withdrawals.

Any questions, feel free to email or call. Thanks.

[Glen]

Thanks for the drop in Acesgold. Question: Do you have any job openings? I'm looking to escape to a warm tropical island w/ bikini babes, white sand, drinks served in a pineapple, and DSL internet connectivity for online wagering and video feed.

[hurrikane]

Whoa...sounds like my kind of salt mine Glen. I'm packin up now!

[fred4now]

Thanks for the info Aces Gold. If you have 10% bonus on your win, place, and show wins like ESB I will transfer my account immediately.

[Carl]

Fred,

Are they still paying you O.K. at ESB? I LOVED the 10% bonusing combined with full track odds, but my offshore buds I post with on sports boards think they are on their last legs at ESB. I e-mailed them twice, and they haven't answered, which scares me a little too.

http://betcaribsports.com bonuses 3% too, take most tracks and are solid, but I don't like their 25-1 cut off on win bets.

And Aces, welcome too from Carl aka "Peep". And if you get flamed here by the diehard "must bet stateside to support the industry group", just consider it all in a day's work. The "stateside" establishment with their "you can bet here but not here and here only on Fridays" policies are so out of touch it is laughable IMO....... I have been trying to get the "hard core bettors" to move to offshore for over a year now, so maybe I am making some progress, and maybe then the "statesides" will wise up (when it is too late, what else is new).

[fred4now]

ESB seems to pay OK if you can wait for your money. I have never recieved a response from an E-mail either, I think they just delete them all. They are still averageing about 2 mistakes per week although they always make good if you call. If they ever go to internet wagering so I don't have to talk to anybody, it would be awesome. Really the only reason I stay with them is because of the 10% bonus on winners. (Hint to other offshore books that want my business).

[Swope]

Well, sorrry 'bout that. I could have sworn I read on their site they were parimutuel
Then, neeever miind...

[tomcatnaples]

Carl, you aren't suggesting Barry Meadow gets paid for his recommendations
are you?

[Carl]

I am doing more than "suggesting", I am willing to bet on it.

But why shouldn't he?

What do you expect him to do, hand out $20 bills to people as a "good will gesture"?

What he is doing IMO is passing the $20/10% of initial deposit of $200 back to the guy who opened the account. If a guy deposits $500 as an opening balance with e-horse, Barry keeps the $30 difference "for his trouble".

Why do you think he is asking for codes, confirmation e-mails and offering $20 to people to go offshore? Because he is a nice guy and has too much money, and likes to keep records?

[tomcatnaples]

That sounds like an evaluation service that Ken told me about once, that gave
you a good recommendation if you paid them and got drilled if you didn't pay them.
Too bad not everyone is on the up and up.

[Swope]

I don't see anything nefarious about it; just smart on Barry's part but, he must get a little more than 10% rebate cause he said open for $200 or more and you get $20. At 10% on $200 he would only break even.

[Carl]

Yeah, he may get a little more, may not.

Either way, I agree with you, no skin of the player's nose.