No One Makes Money By Betting Against Hong Kong

Based on Sports Betting, Virtual Sports are fantasy and never played sports events made by software that can be played every time without wondering about external things like weather conditions. Under common law, particularly English Law , a gambling contract may not give a casino bona fide purchaser status, permitting the recovery of stolen funds in some situations. For case law on recovery of gambling losses where the loser had stolen the funds see “Rights of owner of stolen money as against one who won it in gambling transaction from thief”. Many jurisdictions, local as well as national, either ban gambling or heavily control it by licensing the vendors. Such regulation generally leads to gambling tourism and illegal gambling in the areas where it is not allowed. With a capacity of 55,000, Happy Valley is the smallest Hong Kong racecourse but provides a wonderful spectacle when it hosts a customary Wednesday evening fixture.

  • Hence, US odds of -200 imply a bettor would need to risk $200 in order to win $100 (so were he to win he would receive the $200 initial stake plus $100 in winnings).
  • It should work across all of your mobile devices so you can place bets on the go or from the comfort of your home.
  • The club is Hong Kong’s largest single taxpayer and one of the city’s major employers.
  • For Hong Kong horse racing results and Hong Kong horse racing cards, it is wise to look on , which covers every meeting.
  • The implication is that his penniless state, indicated by turned-out pockets, is due to gambling.

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Our top rated and recommended bookmaker for Hong Kong horse racing is Sportsbet – JOIN HERE. Happy Valley will run a nine race program on November 17 with our free betting tips and preview available below. Engelbretch-Bresges acknowledged these figures and credited them to “the importance of horse racing and its people”, and assured that the profitable simulcasts will have “more offer next season”. A common question that is asked is why horse racing structure exists? The answer is that horse racing would devolve into a chaotic event if there were no standards and structure in place.

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This represents the informative post probability with which the underlying event would need to occur to justify those odds. If the real probability were greater than the implied probability then the bet would be a good bet, while if it were lower it would be a bad bet. If the real probability were equal to the implied probability then the bet would be break-even.

How We Forecast Soccer Results?

Whether a person favours the “all or nothing” straight Win bet or the “safe and easy” Place bet tells a lot about one’s attitude towards every big or small happening in life. Carlos draws an analysis on their favorite bet types by observing how aggressive Shirley Sham and conservative Shirley Chan handle their movie casting. Betfair provides the opportunity to back or lay, bet in play and also a starting-price product, which will have a 100 per cent overround.

OVIDIUS ran as favourite last start and placed at Toowoomba on a soft track but has four placings from five runs this prep, well placed. RAFFALLI won once this prep at Toowoomba two runs back and gets the blinkers on for the first time, cannot be ruled out. BASTILLE DAY likes the cut in the ground and won once this prep at Ipswich seven runs back, don’t dismiss. WITH EDGE back from 22 week spell and placed when trialling at Gold Coast, could upset. SINO DEFEAT has outstanding form at this track and won once this prep at Ipswich two runs back, hard to go past. IN HAVANA coming off a win to break maiden at Toowoomba on a soft track and rates highly with Emma MacPherson retaining the ride, looks threatening.

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Recently, many well-known operators suffered huge money losses for failing to stop money laundering and protect their problem gamblers. Ladbrokes Coral, a British gambling company, was fined £5.9m last year, California Card Club and CG Technology in the US were charged $8m and $12m respectively, and Australian gaming operator, Tabcorp, received a $45m fine. As international AML laws and local gambling regulations become stricter and access higher penalties, even experienced bookmakers face the problem of staying compliant with new requirements. Here, we will talk you through general KYC & AML compliance as well as certain specifics for bookmakers. The Busuttin/Young trained mare comes back to 1400m after racing over the mile at the Valley last start and with Nash Rawiller steering, she looks a key chance.

Winner of two of his starts here, the ground too soft for him in sole defeat here. He got back on the right track at Ludlow last time out, five pounds higher here. The lack of the cheekpieces that he wore that day are a slight concern but he has ideal conditions here for a yard with a nice record at the track so he still looks the one to beat. Only had five starts over fences so far, his best coming when runner-up at Market Rasen last time out. He was in front of Red Risk that day and as the less exposed of the pair, he can confirm those places.

Leaving a young family or bringing them over to adapt to a foreign country where space is at a premium, rents are high, and the culture very different, is not easy. These imperial figures include the crucial handicapping weights for horses, as well as actual horse weight, which are all provided in the form guides. The club takes three weeks of July and the entire month of August as a break from racing – a concept very foreign to most jurisdictions – giving most players in the industry a shared break.