Quinella Wagering at Gulfstream Dropped after Manipulation

1/ST Racing and Gaming has issued a statement regarding an irregularity in the Quinella betting pool for a maiden claiming race, won by Glass Star (Gormley), at Gulfstream Park Nov. 11. The Quinella wager is a marginal bet which generates smaller pools, making it easier to manipulate. Due to manipulation, the Quinella wager on the race in question returned a higher price than it traditionally would have paid. The $2 Quinella in the race paid $42.40, while the $1 Exacta paid $9.30.

Gulfstream Park has removed the Quinella from the betting menu effective immediately.

1/ST's statement reads as follows:

1/ST Racing and Gaming is aware of an irregularity of the betting pools for the Quinella on the first race on Nov. 11 at Gulfstream Park. The account from which this wager was played has been identified and that account has been closed. Our team is working with the Thoroughbred Racing Protective Bureau (TRPB) and other agencies to investigate the full impact of the manipulation of the pools, which appear to involve offshore betting sites.

“Integrity and safety are the two cornerstones of 1/ST's foundation, and we are continuing to thoroughly review all actions associated with this incident,” said Aidan Butler, CEO of 1/ST Racing and Gaming. “Ensuring the protection of our stakeholders, including the important constituency who wager on our races, is of paramount importance.”

“TRPB's Wagering Integrity Unit is assisting the investigation into the betting,” said Curtis Linnell, Executive Vice President of the TRBP.  “There is no indication at this time of malfeasance by any participants in the race itself.”

The post Quinella Wagering at Gulfstream Dropped after Manipulation appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Lucky Typo: Australian Bettor Accidentally Nets Over $600,000

By virtue of a typo, one lucky Australian bettor came away with winnings of $621,840 last Saturday. According to sportscasting.com, the bettor intended to place a $600 quinella box wager on five horses at Newcastle Racecourse. Instead, the bettor placed $6,000 on the same wager, hoping that two of his five selections would finish first and second in the race.

His five selections were relative longshots, at odds of: 151-1, 41-1, 35-1, 19-1, and 6.5-1. The 35-1 chance finished first, and the 41-1 chance was second, paying out odds of 103 to one.

The lucky bettor expected to make $62,000 on his successful wager, but was surprised to see his account rewarded with a final sum of $621,840.

If he had lost, the bettor would have lost an extra $5,400. Instead, the typo earned him over $550,000!

Read more at sportscasting.com.

The post Lucky Typo: Australian Bettor Accidentally Nets Over $600,000 appeared first on Horse Racing News | Paulick Report.

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