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?