Off Track Betting Account

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OffTrackBetting.com - Legal, Secure Online Horse Betting

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Off Track Betting Account

OffTrackBetting.com.com ranks at the top of Account Wagering sites recommended by Horse Wagering for betting on both Horse Racing & Greyhound Racing! Quick account set-up, access to essential handicapping tools, live race video, race replays, easy deposits and quick payouts make OffTrackBetting.com a good choice for the beginning horseplayer and experienced handicapper.

What makes OffTrackBetting.com the Best Online ADW?

Western Regional Off-track Betting Corporation 700 Ellicott Street Batavia, New York 14020 Tel. No.: +1 716 343-1423 Fax No.: +1 716 343-6873. NOTICE TO OTB BRANCH BETTORS: Winning tickets purchased at any Catskill OTB branch or partner location in 2020 must be mailed in to cash by Wednesday, March 31, 2021. Cash 2020 Tickets.

Most of the major online account-wagering services (TVG, TwinSpires & XpressBet) are all equipped with many of the same features as OffTrackBetting.com. Some of them even traditionally run a few more contests than OTB does. However, most of what we are concerned about over here is not winning contests once in a blue moon. We are concerned about the 'value' we get every day from doing what we love to do - bet horses!

Account #: PIN: I confirm that I am the account holder, at least 21 years old, a resident of and currently located in New York State. I acknowledge that if I wager in violation of this, the account will be closed. OffTrackBetting.com is a US-licensed racing betting website that is open to most US states where horse and greyhound wagering are legal. What OffTrackBetting.com offers is a simple and straightforward racing betting platform with a killer rebate program. Through Off Track Betting.

How does OffTrackBetting.com supply this 'value?' From their Daily Cash Rewards ( Horse Racing Rebates )! A 'rebate' is a cash reward paid on the wagers you make, win or lose. The amount of the reward will vary by track and by bet type. Even after a short period of time a horseplayer can quickly realize the advantage a quick cash return on your bets provides to you the player, as well as to the tracks with increased handle.

OffTrackBetting.com Reward Program Specifics:

Earn Daily Cash Rewards on your bets - win or lose.
Cash Rewards - No silly point system with expiration dates.
Cash Rewards can be used for future wagers or be withdrawn as cash.
Apply to both Horse Racing & Greyhound Racing.
If you are not getting horse betting rebates where you are wagering horses now, or if you think your current rebates could be higher, please open a free Horse Wagering account today!

OffTrackBetting.com Features

Legal, safe and secure betting for U.S. residents.
Offers a generous $100 sign-up bonus to new players.
High quality live streaming video of every race.
Watch every race live on your desktop, tablet or mobile device.
Wide range of deposit options with fast and easy payouts.
One of the largest selection of both horse and greyhound tracks.

The biggest tip: We can't say enough good things about OffTrackBetting.com when it comes to online opportunities for horse bettors. If you're looking for a trustworthy place to bet on horses, sign up OTB and watch your inbox for great offers.

Off-track betting (or OTB; in British English, off-course betting) is sanctioned gambling on horse racing outside a race track.

U.S. history[edit]

Before the 1970s, only the state of Nevada allowed off-track betting.^[1]Off-track betting in New York was legalized in 1970, after years of unsuccessful attempts. By the 1970s there were 100 betting parlors in New York City,^[1] and twice that number by the late 1980s.^[2] In New York City, the thought was that legal off-track betting would increase revenue while at the same time decrease illegal gambling activity, but one effect of the legalization was the decrease of revenue at the race tracks. The 1978 Interstate Horseracing Act^[3] struck a compromise between the interests of horse tracks and owners, the state, and OTB parlors, and stipulated that OTB revenues were to be distributed among the tracks, the horse owners, and the state. Another stipulation was that no OTB parlor was allowed to operate within 60 miles (97 km) of a track.^[1]

Revenues at the track indeed lessened, but rather than fight off-track betting, the industry sought to increase its income via new ways of gambling, betting on the OTB potential, and came up with 'exotic wagers' such as exacta and trifecta. Thus the industry's revenue increased even as the number of spectators at the track went down.^[4]

At legal off-track betting parlors, if bettors win, they have to pay the parlor a surcharge taken directly from the winnings. Bettors in New York can avoid paying the surcharges by placing their bets via an off-track betting corporation's account wagering service or at so-called super branches or teletheatres that charge a daily admission fee. Other jurisdictions such as Pennsylvania do not levy a surcharge on winnings. Most booked bets are now placed with licensed services in the Caribbean and Central America who entice bettors by offering them rebates on their bets.^{[citation needed]}

In December 2010, the New York City OTB closed due to lack of profitability.^[5]

Canada[edit]

After years of unsuccessful attempts and public anticipation in Canada, off-track betting (OTB) establishments (also known as 'Teletheatres') were finally legalized on the federal level, in Ottawa on June 29, 1989. Since then, the industry has flourished nationwide with hundreds of off-track betting facilities across the country.

This industry is federally regulated by the Canadian Pari-Mutuel Agency (CPMA). The CPMA makes regulations in respect to pari-mutuel betting, and is responsible for ensuring the integrity and fairness of betting systems in Canada. Among the responsibilities of the CPMA include administering drug tests to horses to enforce the anti-drug policies.^[6]

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Ontario[edit]

All off-track betting in Ontario is licensed by the Ontario Racing Commission (ORC) and is responsible for the integrity of the industry in the province. They are also responsible for distributing racing licenses, keeping a horse registry and running a problem gambling group.^[7]

To apply for a license the operator would need to purchase a permit from the ORC. If accepted, the site operator receives no profit from the betting exchanges--they make money from the increased traffic of customers and other creative methods. (i.e. cover charge, selling racing programs)^[8]

There are approximately 70 off-track betting facilities that have been licensed in Ontario. There are also a number of racetracks located in Ontario.^[9]

The Woodbine Entertainment Group is the most prominent organization, that owns a number of racetracks but also owns a number of off-track betting facilities across Canada.

References[edit]