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Old 10-26-2008, 04:00 PM
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alphanumeric1 alphanumeric1 is offline
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Just a little follow-up...
I was one of the lucky OTB customers who had a share of Steve's Pick 6. MAJOR SALUTE to Mr. Crist and much thanks!
So...I'm looking at the OTB web site and it says each winner gets $1067 after taxes. Big mistake! They still have not taken into account the 13 conso pick 5 tickets that were part of Steve's wager! With consolations, the score is over $65K. Take out 20% withholding and the final pot to divide among the customers is $52K or about $1300 per customer.
I called OTB and they said it was impossible to have more than one conso per ticket. They said they have to wait till Monday for their corporate comptroller to audit the results! I can't understand for the life of me how OTB doesn't understand that you can have more than one conso on a ticket. While I appreciate their intentions and am grateful for this promotion, how can they run a betting entity and not understand serial wagering and possible outcomes from using multiple horses on one ticket!
Anyway..thanks Steve and Capital OTB.
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Old 10-26-2008, 04:03 PM
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Quote:
Originally Posted by alphanumeric1
Just a little follow-up...
I was one of the lucky OTB customers who had a share of Steve's Pick 6. MAJOR SALUTE to Mr. Crist and much thanks!
So...I'm looking at the OTB web site and it says each winner gets $1067 after taxes. Big mistake! They still have not taken into account the 13 conso pick 5 tickets that were part of Steve's wager! With consolations, the score is over $65K. Take out 20% withholding and the final pot to divide among the customers is $52K or about $1300 per customer.
I called OTB and they said it was impossible to have more than one conso per ticket. They said they have to wait till Monday for their corporate comptroller to audit the results! I can't understand for the life of me how OTB doesn't understand that you can have more than one conso on a ticket. While I appreciate their intentions and am grateful for this promotion, how can they run a betting entity and not understand serial wagering and possible outcomes from using multiple horses on one ticket!
Anyway..thanks Steve and Capital OTB.
The withholding on that ticket will be 25%
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Old 10-26-2008, 04:14 PM
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Quote:
Originally Posted by Bigsmc
The withholding on that ticket will be 25%
Thanks for the correction but each share still comes out to $1218 per customer which is more than the CapitalOTB website says ($1067 per customer). I still think they have they numbers screwed up and don't understand how many consolation tickets were actually part of Steve's ticket.
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Old 10-26-2008, 04:18 PM
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Quote:
Originally Posted by alphanumeric1
Thanks for the correction but each share still comes out to $1218 per customer which is more than the CapitalOTB website says ($1067 per customer). I still think they have they numbers screwed up and don't understand how many consolation tickets were actually part of Steve's ticket.
You are correct. They didn't figure in the consos. Stay on them and make sure they get it right.
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