Virtual Owner Conference Begins Tuesday

The seventh Thoroughbred Owner Conference will kick off Tuesday, Mar. 2, at 2 p.m. ET as the first of a series of 10 panels, each to be held virtually, on the first Tuesday of each month for the remainder of the year.

The first panel, “The Economics of Racehorse Ownership,” is sponsored by Keeneland and will delve into accounting, tax, legal, and insurance considerations associated with racehorse ownership. It will also include information on the costs of ownership, the fundamentals of running a racing stable, and owner responsibility for aftercare.

Moderated by horse racing television analyst Caton Bredar, the panel will consist of owners George Bolton and Maggi Moss; Sarah Reeves, attorney and member, Stoll Keenon Ogden; and Jen Shah, tax director, Dean Dorton.

“With more than 650 guests already registered for the virtual Thoroughbred Owner Conference series, we are excited to kick it off with an expert group of panelists that will provide invaluable information for new and veteran owners alike,” said Gary Falter, project manager for OwnerView. “While we will be posting replays of every session, we encourage those interested in the series to register in advance to get the best experience and to be able to ask questions in real time that will be addressed at the end of each panel.”

There is no fee to register for either the live or recorded sessions, but registration remains open and is required. The 2021 conference series is hosted by The Jockey Club and the Thoroughbred Owners and Breeders Association and presented by Bessemer Trust, Dean Dorton Equine, Stoll Keenon Ogden, and Stonestreet Farm.

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Thoroughbred Owner Conference’s Virtual Series Kicks Off March 2

Registrations are still being accepted for the seventh Thoroughbred Owner Conference, which kicks off Tuesday, March 2, at 2 p.m. ET as the first of a series of 10 virtual panels that will be held on the first Tuesday of every month for the duration of the year. The 2021 conference series is hosted by The Jockey Club and the Thoroughbred Owners and Breeders Association and presented by Bessemer Trust, Dean Dorton Equine, Stoll Keenon Ogden, and Stonestreet Farm.

The first panel, “The Economics of Racehorse Ownership,” is sponsored by Keeneland and will delve into accounting, tax, legal, and insurance considerations associated with racehorse ownership. It will also include information on the costs of ownership, the fundamentals of running a racing stable, and owner responsibility for aftercare.

Moderated by horse racing television analyst Caton Bredar, the panel will consist of owners George Bolton and Maggi Moss; Sarah Reeves, attorney and member, Stoll Keenon Ogden; and Jen Shah, tax director, Dean Dorton.

“With more than 650 guests already registered for the virtual Thoroughbred Owner Conference series, we are excited to kick it off with an expert group of panelists that will provide invaluable information for new and veteran owners alike,” said Gary Falter, project manager for OwnerView. “While we will be posting replays of every session, we encourage those interested in the series to register in advance to get the best experience and to be able to ask questions in real time that will be addressed at the end of each panel.”

There is no registration fee for the live or recorded virtual conference series, but registration is required. For more information about the owner conference series, including the full schedule of panels and registration, please visit ownerview.com/event/conference or contact Gary Falter at gfalter@jockeyclub.com.

OwnerView is a joint effort spearheaded by The Jockey Club and the Thoroughbred Owners and Breeders Association to encourage ownership of Thoroughbreds and provide accurate information on aspects of ownership such as trainers, public racing syndicates, the process of purchasing and owning a Thoroughbred, racehorse retirement, and owner licensing.

The need for a central resource to encourage Thoroughbred ownership was identified in the comprehensive economic study of the sport that was commissioned by The Jockey Club and conducted by McKinsey & Company in 2011. The OwnerView site was launched in May 2012.

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Oklahoma Commission Accepts Jackpot Bet Rule Change

The Oklahoma Horse Racing Commission (OHRC), in its January meeting, accepted an amendment to its rules of racing which will now increase protection of horseplayers placing jackpot-style bets. The action came following months of advocacy from the Thoroughbred Idea Foundation (TIF).

TIF became involved on behalf of horseplayer Jeffrey Arthur whose case was outlined in detail in a publication on April 16, 2020.

Arthur held the only ticket with the winning combination for a jackpot pick six wager on a sequence at Remington Park but was denied the payout as it was deemed a dead heat created two tickets and was not a unique wager, disqualifying him from the $35,145 jackpot.

Arthur's bet included both horses in the dead heat in a single wager entered via his ADW account, but in conversations with TIF and Arthur's attorney, Maggi Moss, Remington officials asserted the unusual outcome created two separate tickets and that they were justified in paying only two consolations totaling $8.920.80. That amount was the entirety of the net consolation pool that evening, which proved Arthur held the only ticket with all six winners.

“We are incredibly pleased with the outcome that the Oklahoma Horse Racing Commission has accepted a change to its rules which will ensure all horseplayers are treated fairly and that no one will have to face the situation Mr. Arthur endured,” said Patrick Cummings, TIF's Executive Director.

“Horseplayers are the backbone of our industry. Wagering from horseplayers is directly responsible for a significant portion of prize money which is shared by thousands of owners, trainers and jockeys, and will be needed more than ever as many jurisdictions face budgetary pressures and growing threats to decouple casino revenue sharing from purse accounts.”

Pending final adoption which is expected through the Oklahoma legislature and Governor, the OHRC has now clearly defined “unique wager,” utilizing a definition which is commonplace across other American jurisdictions but which was not within the state's rules previously.

Upon full implementation, a customer whose ticket, entered at the minimum bet amount, is the only to select all winners with a “Pick N” jackpot bet, where “n” equals the number of races in the sequence, is entitled to the jackpot even if multiple winning combinations are created from the original ticket as the result of several scenarios. Those include: a late scratch being replaced by a post-time favorite, a dead-heat, or in cases where a race has been subject to a surface switch after the start of the sequence.

“TIF petitioned the Commission last summer and presented our proposal to their Rules Committee. What we thought was going to be fairly straightforward, as the definition of 'unique wager' is quite clear across many other jurisdictions, was anything but. Remington offered the OHRC Rules Committee a competing request which would have memorialized the situation which caused Mr. Arthur's original problem. The Committee saw the issue with great clarity and the impact to customers.”

“While TIF believes jackpot bets are wagers which should generally be avoided as they carry bloated daily effective takeout to the detriment of horseplayers, and greatly limit wagering churn to the detriment of horsemen, we are most pleased with the outcome and the protection this update provides horseplayers.”

The addition of “unique wager” to the rules was part of the OHRC's annual rules amendment process. Many other amendments were made as part of the review.

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No Parole Going After Consecutive Grade 1 Wins In H. Allen Jerkens Memorial

A rematch featuring the superfecta of last month's Grade 1 Woody Stephens will highlight another high-caliber contest, with No Parole looking to propel his 3 ¾-length victory into more glory in Saturday's Grade 1, $300,000 H. Allen Jerkens Memorial presented by Runhappy on Whitney Day at Saratoga Race Course.

The 36th running of the H. Allen Jerkens, a seven-furlong main track sprint for 3-year-olds, is one of five stakes overall on the 12-race card and part of three Grade 1s, joining the $500,000 Personal Ensign presented by NYRA Bets for fillies and mares 4-years-old and up, and the $750,000 Whitney for 4-year-olds and up going 1 1/18 miles. The Personal Ensign is a “Win and You're In” qualifier to the Grade 1 Breeders' Cup Distaff in November at Keeneland, while the Whitney will offer the winner an all-fees paid berth to the Grade 1 Breeders' Cup Classic.

Carded as Race 10, the H. Allen Jerkens, formerly called the King's Bishop and renamed for the late Hall of Famer trainer known as the “Chief,” will have a post time of 6:18 p.m. Eastern. First post is 1:10 p.m. Eastern. Saratoga Live will present full coverage beginning at 1 p.m. Eastern on FOX Sports and MSG Networks.

No Parole, owned by Maggi Moss and Greg Tramontin, is unbeaten going one turn, registering a perfect 4-for-4 ledger in sprints. Overall, the Tom Amoss trainee has won 5-of-6 starts, including his gate-to-wire win in the seven-furlong Woody Stephens on June 20 over a fast Belmont track, earning his first triple-digit Beyer Speed Figure with an even 100.

Ahead of his first Saratoga start, No Parole worked twice over the main track, going four furlongs in 50.50 seconds on July 16 before being ramped up on July 24, when he covered the same distance in 46.42.

“He's doing well. He had a much more enthusiastic work last week, which was by design,” Amoss said. “Everything he had been doing before then was just easy. To sharpen him up, we put a good piece of work in him with a sharp half mile. He came out of it well.”

The sophomore Louisiana-bred son of Violence is unbeaten going one turn. In the Woody Stephens, he went to the front and led at every point of call, outkicking the Steve Asmussen-trained duo of Echo Town and Shoplifted, who he will face again on Saturday.

No Parole's only defeat took place in the Grade 2 Rebel at Oaklawn Park going a two-turn mile and a sixteenth. Amoss said his charge has continued to develop and improve from that effort, winning both of his starts.

“I think what you're seeing is just a typical development of a talented horse, if you take away the experiment of going two turns,” Amoss said.

Amoss, who is also an analyst for Saratoga Live, will have Luis Saez back aboard after the jockey piloted No Parole in the Woody Stephens in his first time aboard the colt. He will be back in the irons, breaking from post 6.

“I think he's the perfect rider for No Parole and he was my first choice when we came to Belmont and fortunately, we were able to get him,” Amoss said.

Bred by Coteau Grove Farms, No Parole is out of the stakes-placed Bluegrass Cat broodmare Plus One.

Hall of Fame trainer Bob Baffert, who will saddle Improbable in the Whitney in Race 9, will send out Grade 1-winner Eight Rings in the sprint contest. A debut winner last August at Del Mar, Eight Rings won a Grade 1 as a juvenile in the American Pharoah, named for Baffert's 2015 Triple Crown winner.

After running sixth in the Grade 1 Breeders' Cup Juvenile in November at Santa Anita, Baffert gave the son of Empire Maker five months off. But Baffert said he might have brought back the $520,000 purchase too soon, as Eight Rings ran fifth in the six-furlong Bachelor on April 25 at Oaklawn. He has since been training at Del Mar, and Baffert said he is expecting better things as he ships to New York for the first time.

“He's doing good. I probably shouldn't have brought him back in that last one,” Baffert said. “That might have been a trainer error there. But he's doing good and we're taking a shot.”

Eight Rings is owned by SF Racing, Starlight Racing, Madaket Stables, Frederick Hertrich, III, John Golconda Stables and Coolmore Stud. Joel Rosario will be aboard from post 2.

Asmussen will saddle three contenders, with the Hall of Famer sending out Woody Stephens runner-up Echo Town and third-place Shoplifted in addition to Sonneman.

L and N Racing's Echo Town has never finished off the board in six starts, posting a 3-2-1 ledger. Making his graded stakes debut last out, the Speightstown colt stayed next-to-last in the five-horse field through six furlongs before rallying for second. He earned a 93 Beyer for the effort, marking his fourth consecutive race registering at least a 90.

Ricardo Santana, Jr., aboard for Echo Town's last five starts, will have the return engagement from post 4.

Shoplifted will return to the site of his debut win last July when he posted a 4 ½-length score. Owned by Grandview Equine, Cheyenne Stables and LNJ Foxwoods, the son of Into Mischief earned graded stakes blacktype with a second-place finish to Basin in the Grade 1 Hopeful last September at the Spa.

After running out of the money in the Grade 3 Southwest and the Oaklawn Stakes in the spring at Oaklawn, the $800,000 purchase at the 2019 Fasig-Tipton Florida Select Sale was cut back in distance and ran third in the Woody Stephens. Staying at seven furlongs, Shoplifted will have the services of jockey Tyler Gaffalione from post 7.

Courtland Farm's Sonneman made his stakes debut in his fifth career appearance last out in what turned out to be a match race with Celtic Striker in the Easy Goer on June 25 at Belmont. Scratches whittled the field down to two, with Sonneman staying one length behind at the half-mile mark before Celtic Striker pulled away for a 19 ¾-length romp.

After posting two wins and two runner-ups in his first four starts, the Curlin colt will get another opportunity at stakes action, drawing post 3 with Jose Lezcano aboard.

Live Oak Plantation's Tap It to Win will make his first start since running in the 1 1/8-mile Grade 1 Belmont Stakes on June 20. Trained by Mark Casse, Tap It to Win broke his maiden at Saratoga last August and won his first two starts to his sophomore campaign before being stretched out in the first leg of the Triple Crown.

Tap It to Win is 2-for-2 in dirt sprints in his career and will try to extend that mark on Saturday.

“We're excited to get him back out there in the Jerkens,” Casse said. “His one race at Saratoga was extremely good in a sprint. We're hoping that going back there, he shows what he did last year.”

Hall of Famer John Velazquez, who has won this race four times, including last year aboard Mind Control, will ride from post 11.

Mischevious Alex, a two-time graded stakes-winner for Cash is King and LC Racing, ran fourth in the Woody Stephens to break a three-race winning streak. Conditioned by John Servis, Mischevious Alex won the Grade 3 Swale in February at Gulfstream Park and followed with a two-length victory in the Grade 3 Gotham in March at Aqueduct Racetrack.

Irad Ortiz, Jr. will ride, breaking from post 5.

Trainer Jeremiah Englehart will send out New York-bred Captain Bombastic, the last-out winner against state breds in the Mike Lee, who carries a 3-2-1 record into his first graded stakes appearance. He picks up the services of Hall of Famer Javier Castellano for the first time, drawing post 10.

His stablemate, Three Technique, has two wins and three-runner up finishes in six starts with his only off-the-board finish last out when fourth in the Grade 2 Rebel in March on a sloppy and sealed Oaklawn track. Jose Ortiz will depart from post 8.

Rounding out the field is Liam's Pride, a last-out winner of the Gold Fever on a sloppy Belmont track on July 10, for trainer Doug O'Neill [post 9, Dylan Davis]; and Hopeful Treasure, conditioned by Michael Pino, who will make his first start against graded stakes company [post 1, Manny Franco].

For the complete Saratoga Live broadcast schedule, and additional programming information, visit https://www.nyra.com/saratoga/racing/tv-schedule.

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