Everyone on this board has a difference of opinion about
how long winning tickets should be valid. Some even have
posted that there should be *no* expiration date on winning
tickets.
But, it's really irrelevant what the *correct* amount of time
should be. What *is* relevant is the fact that the Strat sports
book's limit is 60 days (on this type of wager). Period.
If you don't like it, then don't place a bet there.
I can't understand why this is so hard for some people on
this board to get. If the wizard didn't like the Strat's rules,
he should have placed the bet somewhere else. Duh!
On 2/3/08, Eric <oddsworking@
>
> The incentive to write it off is more of an accounting issue. I am
> assuming they carry monies owed on winning tickets as a liability, at
> some point, you want to get these off the books. Eventually you have
> to acknowledge the person owed is not going to claim the funds, and
> record it as a profit.
>
> 60 days is much too short a time period for this argument though, 18
> months to 3 years is more like it. The 60 days is obviously an
> attempt to cash-in on people who are not diligent about collecting.
>
>
[Non-text portions of this message have been removed]
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