Comments on: Derby Jackpot is off to the races with real-money social gaming http://gigaom.com/2012/11/29/derby-jackpot-is-off-to-the-races-with-real-money-social-betting/ Sat, 25 May 2013 16:32:35 +0000 hourly 1 http://wordpress.com/ By: Russ http://gigaom.com/2012/11/29/derby-jackpot-is-off-to-the-races-with-real-money-social-betting/#comment-1222260 Sat, 01 Dec 2012 17:09:15 +0000 http://gigaom.com/?p=589379#comment-1222260 I’ve checked their website, when you bet through them, the money goes directly into the tracks pools, which can occasionally be over $500,000 at the largest tracks.

Every day in horse racing there are many bets that pay $1,000 or more for $1

]]> By: Pat http://gigaom.com/2012/11/29/derby-jackpot-is-off-to-the-races-with-real-money-social-betting/#comment-1220530 Fri, 30 Nov 2012 20:58:45 +0000 http://gigaom.com/?p=589379#comment-1220530 I believe they just facilitate the bet with the track, who then pays out. They don’t hold bets, just connect both sides.

]]> By: RA http://gigaom.com/2012/11/29/derby-jackpot-is-off-to-the-races-with-real-money-social-betting/#comment-1218427 Thu, 29 Nov 2012 21:39:33 +0000 http://gigaom.com/?p=589379#comment-1218427 Am I missing something? How can the average player deposit $10 and Win $30, with some winning $1000? Seems like either a bad biz model or bad reporting.

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