I’ll Have Another Relocates To Ocean Breeze Ranch In California For 2021

I'll Have Another, the dual classic winner and champion 3-year-old male of 2012, has been purchased privately by former racing connections J. Paul and Zillah Reddam, and he will stand at their Ocean Breeze Ranch in Bonsail, Calif., for the 2021 breeding season, Daily Racing Form reports.

The 11-year-old son of Flower Alley began his stallion career in Japan, and was brought back to the U.S. to stand in California at Ballena Vista Farm prior to the 2019 breeding season. He was first purchased privately a few months ago by Doug O'Neill, I'll Have Another's trainer during his on-track career, who turned the horse over to the Reddams.

The purchase was done with a bit of urgency over concerns that the stallion might be sent overseas once again.

I'll Have Another won five of seven starts for the Reddams and O'Neill, earning $2,693,600. He earned his spot on the classic trail with wins in the G2 Robert B. Lewis Stakes and G1 Santa Anita Derby. Then, he showed off an incredible closing kick to run down pacesetter Bodemeister in both the Kentucky Derby and Preakness Stakes.

Bred in Kentucky by Harvey Clarke, I'll Have Another is out of the winning Arch mare Arch's Gal Edith.

Already a veteran sire in Japan, I'll Have Another is responsible for 220 winners, led by Group 3 winner Another Truth.

A stud fee for I'll Have Another will be announced at a later date.

Read more at Daily Racing Form.

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Betfair Ends Exchange Wagering For New Jersey Customers

The Thoroughbred Daily News reported Friday that Betfair will cease accepting exchange wagers from New Jersey customers beginning Oct. 1 of this year.

The concept of exchange wagering, in which users can offer their own odds on a horse or accept another user's odds, is popular overseas, where takeout in the form of commissions is estimated at 5 percent. It seems the practice didn't really catch on as well in the United States, where takeout was closer to 12 percent due to the requirement a portion of the wager go to support purses.

The 2018 annual report for the New Jersey Racing Commission indicated the exchange handled over $12.3 million that year; more recent data was not available.

Betfair launched in New Jersey in 2016 but was unable to get agreements to take bets in major racing states like New York, California, and Kentucky. Exchange wagering was legalized in California but never made available there, and New Jersey remained the only state customers could actually access exchange wagering.

Read more at the TDN

The post Betfair Ends Exchange Wagering For New Jersey Customers appeared first on Horse Racing News | Paulick Report.

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