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General Category => Harness Racing => Topic started by: Albatross77 on May 21, 2025, 06:54:30 PM

Title: Hong Kong Jockey Club
Post by: Albatross77 on May 21, 2025, 06:54:30 PM

I read in a trade pub a couple years ago that it was legal to bet through HKJC and get track odds. You have to declare funds if you transfer out of Hong Kong to US account. I researched the HKJC platform and that appears to be the case.

The pools are so small at places like Northfield that if you bet 500 to win on a 9 to 1 shot…the horse then drops to 1 to 9. Any thoughts from the Punters?
Title: Re: Hong Kong Jockey Club
Post by: White Rabbit on May 21, 2025, 07:22:06 PM
So does the money not comingle?
Title: Re: Hong Kong Jockey Club
Post by: Albatross77 on May 21, 2025, 08:12:03 PM
No it doesn't comingle with US pools. But probably 34% W4 amount due to Fed Gov if the money is moved. Small pools are bad for bettors so many gamblers don't bet harness except A tracks.
Title: Re: Hong Kong Jockey Club
Post by: Papillon on May 21, 2025, 08:17:24 PM
I live in NJ and my ADW allows you to bet directly in to the international pools

last night for race 1 the win pool was $2.7 mil and the place/show pool was $2.2 mil
Title: Re: Hong Kong Jockey Club
Post by: Albatross77 on May 21, 2025, 08:30:21 PM
Thanks...that's exactly what I was looking for because it's a better way and the us tracks get a cut. I'll check ADW out for my state.
Then I wouldn't have to worry about a regime change seizing my money. lol
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