Givemethebeatboys Sold for 1.1 million at Goffs London Sale

The G3 Marble Hill S. winner Givemethebeatboys (Ire) (Bungle Inthejungle {GB}) leads the early skirmishes at the Goffs London Sale at Kensington Palace after selling for £1,100,000 to Bronson Racing.

Generally 10/3 third-favourite for tomorrow's G2 Coventry S. at Royal Ascot, the colt is set to be ridden by Frankie Dettori for Jessica Harrington. He was bought by Con Marnane for €11,000 at the Goffs Autumn Yearling Sale last November and is unbeaten in two starts to date.

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TIF Issues Alarming Report on Computer Assisted Wagering in CA

Nine of the 11 largest betting pools have shown declines from all customers except computer-assisted wagering groups over the past four years, while the handle of the largest CAW groups grew dramatically, according to an extensive study of data released Monday by the Thoroughbred Idea Foundation (TIF).

“The Thoroughbred Idea Foundation's analysis of data from Del Mar between 2018 and 2022 showed on an inflation-adjusted basis, per-race (or per-opportunity basis for certain bet types) CAW betting, from what is believed to be 17 accounts, has grown tremendously in the last five years-up 46% in the superfecta pool, 49% in trifectas, 78% in pick fives, 128% in the show pool and a staggering 403% in the pick six pool,” reads the report, concluding, “The trend for all other customers is disturbing.”

This trend is problematic; the report concludes that major problems is that the increases in CAW betting, due to rebates, does not make up for the handle decline from other sources. That has a deleterious effect on purses, whose soul source of funding in California is through wagering.

The report, “Sharks & Minnows–Managing the Growing Imbalance in Racing Wagering Markets,” is available on the TIF website, racingthinktank.com.

CAW bettors receive rebates on the takeout because of the large volumes they bet, but they quote Del Mar president Josh Rubenstein as saying that those rebates will be limited at the Del Mar summer meet–at least in the win pool.

“We get that late odds fluctuation is frustrating to players,” Rubinstein said, referring to the fact that CAW players place their bets based on their perceived value in the odds close to post time, which creates major odds shifts–often after the horses have left the gate.

“Beginning with our upcoming summer meet, [we] will be implementing new protocols for CAW players that are designed to limit participation in the win pools at two minutes to post. Based on what we've monitored and analyzed from other tracks, we believe these protocols will reduce late odds changes.” TIF reported that the largest rebates will be given to bets made with more than three minutes to post, a smaller amount at two minutes, and the smallest rebate at under two minutes. Non-rebated customers pay 15.43%, the report says.

“Limiting CAW guardrails to merely a rebate change in the win pool, while potentially helpful in reducing some late odds changes, amounts to little more than window dressing for mainstream customers,” TIF concludes. “CAW betting in Del Mar's exotic pari-mutuel pools, particularly the trifecta, superfecta, pick three, four, five and six pools has been substantial. Play from Elite (Turf Club, a top CAW) and RGS (Racing and Gaming Services, another) customers exceeded 32% of total handle in each of those bet types last year and was 38% of pick five handle.

“CHRB data does not delineate how much is staked on the early pick five, with its friendly 14% takeout to mainstream bettors, and how much is on the high takeout late pick five, with a 23.68% takeout rate. It is reasonable to expect the percentage of CAW play reflects their enormous pricing advantage over the public on the late pick five. Total handle figures do not tell the most accurate story. In nearly every pool offered by Del Mar, all non-Elite and RGS handle is declining.”

To read the full report, click here.

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Racing Staff Week Returns Saturday

Racing Welfare's Racing Staff Week returns for its seventh year this Saturday, June 24, the charity announced on Monday. The industry's annual celebration of people who work in British horseracing brings together the racing business and its followers to recognize the workers inside the industry. Sponsored by Betfair, this year will see five charity races specifically for stable staff, as well as a number of community events and a competitions with prizes of £500 in vouchers awarded to the winners. Races will be held at Ayr, Chepstow, Newbury, Nottingham and Newcastle throughout the week.

“Racing Staff Week is the highlight in our community calendar,” Racing Welfare's Head of Community Engagement Adam Ferguson said. “It provides a brilliant opportunity for everyone in the industry to celebrate the dedication, passion and skill of racing's people, whether that be through supporting our stable staff riders, attending or hosting a community event or entering the thank you competition. We're looking forward to getting started on Saturday and encourage anyone working in racing to get involved if they can.”

Click here for more information on Racing Staff Week.

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International Field Of 19 Chasing Breeders’ Cup Berth In Royal Ascot’s King’s Stand

The King's Stand Stakes global clash between Highfield Princess, Britain's rags to riches mare, and Australia's flying filly Coolangatta, make for a mouthwatering start to the sprint division of the 2023 QIPCO British Champions Series at Royal Ascot on Tuesday.

The King's Stand also offers the winner an expenses-paid berth to the Breeders' Cup Turf Sprint this fall at Santa Anita Park.

Highfield Princess looks to level the scores against overseas runners who have enjoyed 12 successes this millennium, with Australia contributing five, in the Group 1 feature.

Bragging rights are with Highfield Princess after an amazing five weeks last year when, as a five-year-old, she won three Group 1s in three different countries – the Maurice de Gheest in France, the Nunthorpe at York and Flying Five in Ireland – a far cry from being a lowly handicapper two years before.

That stunning treble came after royal meeting defeat for a second time in the Golden and then Platinum Jubilee, renamed the Queen Elizabeth II Jubilee Stakes on Saturday this year.

Highfield Princess is returning for a fourth time, having given trainer John Quinn and jockey Jason Hart their first winner at the Royal Meeting with Buckingham Palace Stakes success in 2020.

Hart remembers that race well, as he said, “That was winning a handicap over seven furlongs before her massive step forward last year.”

Hart, looking for his second winner at Royal Ascot, added: “I don't think she needs to improve again on that to win. She is the deserved favourite but no horse is unbeatable bar Frankel. She's in good nick. I was really happy with her run at York where we couldn't have done any more but win. She always improves for her first run.

“It was nice to see her back on track and she has taken a step forward for the run – she wouldn't be a horse who would blow you away in her work at home.”

This year's Australian challenge differs from the past in that both challengers Coolangatta and Cannonball are three-year-olds rather than established older world leaders in the sprint division, like last year's dominant winner Nature Strip.

Coolangatta has two Group 1s on her CV, the most recent including having a lacklustre Nature Strip well behind in the Black Caviar Lightning Stakes at Flemington in February.

That win over a similarly straight sprint track to Ascot encouraged her trainers Ciaron Maher and Englishman David Eustace, son of retired Newmarket trainer James, to aim for the Royal Meeting.

Coolangatta showed she approved with a boisterous workout over the course and distance under new jockey James McDonald last week.

Maher said: “She has done everything I wanted and as smooth as it could be. James said it took him quite a while to pull her up and he was beaming about the work.

“She has really thrived since being here in the quiet surrounds of Lambourn.

She is good fresh, a filly still developing and I was keen to give her nice spacing into the race.”

Cannonball also tested Ascot in less flamboyant style last week and trainer Peter Snowden admitted his colt is coming in under the radar with no Group 1 success.

Snowden said: “He is inexperienced with a handful of starts but on potential alone in two starts for me he is above average, narrowly beaten in a Group 1 and probably should have won that after backing up quickly from his win.

“He has spades in speed and toughness and handled the 24-hour trip over like nothing. He is that laid back.”

John Ryan, with just 20 horses in his Newmarket stables, is living the dream with Manaccan as he looks for not only a first winner at the royal meeting but also a first Group 1.

When Manaccan's winning rider Stevie Donohoe moved to Mauritius this year, Ryan offered the ride to both Frankie Dettori and Ryan Moore who had ridden Manaccan before.

“Frankie was quickest on the phone so got the ride!” said Ryan.

“It's a big ask taking on the best. As long as the ground stays as it is, he has every chance of mixing it with them. He's still going up the ladder, has a high cruising speed, quickens, has run three of his best races at Ascot and, touch wood, we've got the right man on board.

“I've been lucky enough to have a couple of Group 2 and 3 wins but haven't troubled the judge in a Group 1 yet.”

Dettori is looking to bridge a 29-year gap in the race with his only other success in the Group 1 provided by Lochsong in 1994.

Vadream, who beat Manaccan when they raced on opposite sides of the track in the Palace House at Newmarket, is among other contenders along with last year's runner-up Twilight Calls. Desert Cop, representing Lochsong's owner breeder Jeff Smith and Chipstead, an improving handicapper bidding to emulate his brother Oxted, the 2021 winner when also a five-year-old, are also declared.

There is an unusually big turnout of three-year-olds this year, with six of the 19 runners, including two juvenile winners last year in Dramatised (Queen Mary) and Bradsell (Coventry).

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