horse racing wagering | Horse Racing Free Tips

by the Thoroughbred Idea Foundation

The rule seems clear.

What is also clear is that the rule, as written, was ignored on Thursday, July 21 at Saratoga, though by which party is unknown at present.

“On behalf of aggrieved horseplayers who were impacted by the decision last Thursday, and all future players of multi-race bets in New York, we felt it necessary to seek clarification from the New York State Gaming Commission about the rules, why a seemingly arbitrary decision was made in the sequence and what customer expectations should be going forward in similar cases,” said TIF Executive Director Patrick Cummings.

Contacted on Monday morning, the Commission has yet to reply.

“Customers expect operators and regulators will follow the wagering rules as written,” said professional horseplayer and author Mike Maloney. “Horseplayers' confidence is paramount and there is little doubt that some of that was lost as a result of this incident.”

Horseplayer Eric Bialek, a final table participant in the 2020 National Horseplayers' Championship, was incredulous after the announcement.

“It defies every expectation of horseplayers for a race that was run a half hour earlier to subsequently be declared an all-win,” Bialek said. “Without a proper explanation from either the state or NYRA, speculation is all we have and that's incredibly insufficient.”

For the full story, please click here.

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The following is the 11th of a 12-part series on wagering insecurity in American racing from the think tank the Thoroughbred Idea Foundation.

A growing firm in the sports integrity business approached a major racing operator in 2017.

“They told us better integrity does not help us bring in more customers and their main focus right now is on growing the customer base.”

The reality is different in almost every other major racing jurisdiction. Integrity oversight is a necessity to ensure acceptance and participation. Customer and stakeholder confidence is paramount.

Last weekend at Pimlico, the disparity between America's existing, substandard practices and the rest of the developed racing world could not have been clearer. Two races, held within hours of each other, served to highlight the gap.

After 10 installments, the “Wagering Insecurity” series has reached its recommendations phase.

The passage of the omnibus spending bill which created the Horseracing Integrity & Safety Authority (HISA) was undoubtedly a massive step for American racing.

But just how big could it be? Is it clear how broad its possible powers over the sport could be, in a positive way for horseplayers and all well-intentioned stakeholders, upon full implementation?

HISA must lead on matters pertaining to wagering oversight while also adopting modern, transparent best practices that elevate American racing to join that of the rest of the developed racing world.

The recommendations across this series are hardly novel. Reinvention of the proverbial wheel is not required. That's a good thing!

Read Part 11 of “Wagering Insecurity.”

The post Wagering Insecurity, Part 11: Recommendations appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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