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Originally Posted by usedtolovetvg
I think you would have to follow the money. And, where the money ends up is not fully understood by me. I assume that all the money would go into a virtual pool. I would think that each ADW would pay the winners out of that pool and withdraw whatever % they were supposed to keep. The rest of that pool would be used to pay the taxes, horsemen & the host track. That would seem, to me, that NYRA would control the the bulk of the money. Once the mistake was discovered, I would think that NYRA would then reimburse the ADWs that did have a record as to who was owed the money. For all those simulcasting outlets that had no record, nobody could be reimbursed. So, in my convoluted way of thinking NYRA would have the excess. I hope this makes sense. My wife says nothing I say makes any sense at all.
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You have to start with the law and liability. There is no liability to NYRA, and no law, nothing really -- that says anyone that bet outside of NY was overcharged anything. You have no legal protection to pay 25% or less on a certain type of bet on a certain track unless *your* state has a law to that effect. You pay more than that at Penn and many other places. It's perfectly legal for you to be charged whatever the pool is set at.
NY state had a law to a specific effect, stipulating max amount charged to on-track bettors in NY, on NY racing. There isn't any real liability created by anyone else.
