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The investigation into the Breeders' Cup Ultra Pick 6 fraud has triggered an industry-wide review of pari-mutuel systems and tote security, but the negative publicity hasn't doomed the pick six or chased away sponsors.
Thursday, January 16, 2003The Wagering Technology working group formed by the National Thoroughbred Racing Association plans to meet again Jan. 9 to discuss the pari-mutuel review triggered by the Breeders' Cup Ultra Pick 6 investigation.
Wednesday, January 08, 2003The release of money to holders of Breeders' Cup Ultra Pick 6 consolation tickets remains on hold, with no definitive date for resolution in sight.
Thursday, December 19, 2002The Kentucky Racing Commission will begin a review of all policies and procedures related to pari-mutuel wagering, commission chairman Frank Shoop announced Dec. 4. The action stems from the recent Breeders' Cup Ultra Pick 6 investigation and the review being conducted by the National Thoroughbred Racing Association.
Wednesday, December 04, 2002Turfway Park, which began implementing measures designed to improve wagering security and increase customer confidence in mid-November, will adopt new wagering policies beginning Dec. 1, opening day of its holiday meet.
Wednesday, November 27, 2002Racing associations are scheduled to meet with the Canadian Pari-Mutuel Agency in Ottawa, Ontario, Nov. 15, to discuss a CPMA directive that has led to the suspension of pick six, pick four, and superfecta wagering until further notice.
Thursday, November 14, 2002The NTRA's wagering technology working group on Friday called for three intitial, concrete steps to improve electronic wagering security in an effort to increase customer confidence. The steps will be implemented immediately by Churchill Downs, Magna Entertainment, and the New York Racing Association, as well as by the three largest totalisator companies. Other racetracks and off-track wagering operators were expected to sign on as well.
Friday, November 08, 2002The Wagering Technology working group formed by the National Thoroughbred Racing Association met for the first time Nov. 4. In addition, more members were named.
Monday, November 04, 2002As expected, the National Thoroughbred Racing Association has formed a "wagering technology" working group, or task force, to review pari-mutuel computer security and ensure integrity in the system.
Friday, November 01, 2002The National Thoroughbred Racing Association (NTRA) and Equibase Company LLC today unveiled a new, quarterly industry report from Equibase, "Thoroughbred Racing Economic Indicators," that covers total wagering in the United States and Canada on U.S. races, purses and race days with prior-year comparisons.
Friday, October 04, 2002By T. D. Thornton -- News broke in August about the proposed Equibase plan to propel the sport into the future with real-time tracking of horses, merging tradition with technology. Good luck Equibase. I'm confident you have the horse, but not entirely certain you'll find an industry eager to bankroll the bet.
Tuesday, October 01, 2002California officials are considering a wager that taps into the bettor's natural inclination to "beat the favorite."
Thursday, August 15, 2002Street Cry, Azeri, and Officer and Swept Overboard were the favorites for their respective races after the first day of betting for the Breeders' Cup World Thoroughbred Championships Future Wager.
Friday, July 05, 2002With only $1 million in the pool, War Emblem is even money with those on hand at Belmont Park to complete the Triple Crown. Of course, there is still an hour until the first race on the Belmont Stakes Day card.
Saturday, June 08, 2002Although totals are not complete, wagering on the 2002 Kentucky Derby will establish betting records for both the race and the overall Derby Day card. A total of $79,094,806 was wagered on the Kentucky Derby, with overall betting on the entire 11-race card at
$123,315,302.
With 90 minutes until post time of the Kentucky Derby (gr. I), Saarland is the 6-1 favorite. Saarland was 15-1 in the morning line.
Saturday, May 04, 2002Considering the entrenched and antagonistic stances, the April 17 agreement for the right of the main British bookmakers to bet on British racing beginning May 1 was remarkable.
Monday, April 22, 2002Arlington Park will serve as the simulcast host for the Dubai World Cup on March 23. The world's richest race will be one of four simulcast races available through Arlington Park from Dubai's Nad Al Sheba Racecourse.
Friday, March 22, 2002Keeneland, which last fall experimented with a reduced 16 percent pari-mutuel takeout, has made adjustments for its spring meet, which begins April 5. The takeout for win, place, and show wagers will remain 16 percent, but for exotic bets, it will go back up to 19 percent.
Thursday, March 21, 2002By Ray Paulick -- The expansion of gambling in the U.S., though it may have slowed in recent years, has not run its course.
Tuesday, December 11, 2001Although overall wagering rose to a record level and on-track attendance improved, on-track betting at Churchill Downs continued its downward trend during the 24-day fall meet that ended Saturday.
Sunday, November 25, 2001Although overall wagering rose to a record level and on-track attendance improved, on-track betting at Churchill Downs continued its downward trend during the 24-day fall meet that ended Saturday.
Sunday, November 25, 2001Although overall wagering rose to a record level and on-track attendance improved, on-track betting at Churchill Downs continued its downward trend during the 24-day fall meet that ended Saturday.
Sunday, November 25, 2001In a pari-mutuel oddity, no money was wagered to win on either of the first two finishers in a five-horse field at Thunder Ridge Raceway in eastern Kentucky. In fact, 17 of the 43 pacers that competed on the seven-race program drew no win money.
Monday, November 12, 2001By Ray Paulick -- Account wagering has to do more than move on- or off-track bets into California homes.
Tuesday, November 06, 2001By Ray Paulick -- Kentucky Gov. Paul Patton gave Californians help in educating Gov. Gray Davis on the horse industry.
Tuesday, August 21, 2001By Ray Paulick -- An 11th-hour attack of remorse fever on account wagering isn't helping California racing's image.
Tuesday, July 31, 2001By Ray Paulick -- The recent agreement between the TV Games Network and Youbet.com looks like a win-win-win-win situation for the racing industry.
Wednesday, May 30, 2001As the Kentucky Derby win pool grew to $6.3 million by 4:00 p.m. (EDT) Saturday, Point Given was still favored at 2-1 odds. That is a radical departure from advance wagering Friday, when Dollar Bill was favored over Point Given.
Friday, May 04, 2001Arkansas' Oaklawn Park drew an average of 11,251 fans a day this season, down from last year's 12,428. Based on figures through the meet's April 14 close, wagering by Oaklawn patrons on races at the Hot Springs track was down 11.1%. But wagering on simulcast races was up 8%. Calvin Borel won the jockey title with 70 winners. Cole Norman won the training title by saddling 43 winners.
Monday, April 16, 2001Fair Grounds on Saturday joined the ranks of U.S. racetracks offering its own Internet wagering system. The New Orleans track will introduce Net Bet, an integrated Internet and telephone account wagering service. Net Bet will provide real time odds, full race programs, web casts of live races, archived race replays, and online betting.
Friday, March 23, 2001By Larry Levin -- Horseplayers are the plankton of Thoroughbred racing, and get about as much respect. Plankton are the tiny organisms at the bottom of the oceanic food chain. If they were suddenly to disappear, life in the sea would plummet, probably to the point of extinction.
Tuesday, March 13, 2001Legislation that would prohibit use of credit or money transfers for Internet gambling has been introduced in the House of Representatives and referred to the Committee on Financial Services. At the very least, the measure could impact pari-mutuel operations that employ Internet wagering platforms. HR 556, titled the "Unlawful Internet Gambling Funding Prohibition Act," was sponsored by Republican Rep. James Leach of Iowa and filed Feb. 12. Leach introduced similar legislation last year, but it failed to gain support.
Thursday, February 15, 2001Due to the date of Easter weekend this year, Churchill Downs has amended the schedule for the third pool of the Kentucky Derby Future Wager. Pool 1 is scheduled for Feb. 15-18; Pool 2 is set for March 8-11; and Pool 3 will run from April 5-8. The 127th renewal of the Kentucky Derby is scheduled for Saturday, May 5. Pool Three will be conducted a week earlier than in the first two years of the Kentucky Derby Future Wager.
Wednesday, January 10, 2001Santa Anita Park has added two new wagers to its exotic betting menu and becomes one of a growing number of tracks to offer a pick four wager. Beginning Wednesday, the track will offer a daily $1 pick four and $2 rolling daily doubles.
Wednesday, January 03, 2001Turfway Park will offer a daily pick four wager, beginning Thursday night. The $1-minimum wager will link races seven through 10 at the Florence, Ky track.
Wednesday, December 13, 2000By Ray Paulick -- Far be it for a country bumpkin in Kentucky to understand the politics of racing in a place like New Jersey, but I try, and there are some things going on there that just do not make sense to this simple mind.
Tuesday, December 05, 2000By Ray Paulick -- Magna and Churchill have a common problem with short fields in California.
Tuesday, November 21, 2000The expanded wagering opportunities will be offered for the first time for the 2001 Kentucky Derby.
Monday, October 30, 2000By G.D. Hieronymus -- Breeders' Cup Day is second to none for horseplayers, with nearly every horse having a shot.
Tuesday, October 24, 2000By Dr. Curtis L. Barrett -- The NTRA and AQHA have endorsed an Employee and Patron Responsible Wagering Initiative and will urge their member and supporting organizations which conduct wagering to adopt and implement this initiative in their facilities.
Tuesday, October 17, 2000By Ray Paulick -- For California's career politician, Gov. Gray Davis, it's politics as usual.
Tuesday, October 10, 2000Churchill Downs is looking into expanding the number of possible wagering interests in the Kentucky Derby to 20, eliminating the need for horses to run as part of a mutuel field.
Wednesday, October 04, 2000By Ray Paulick -- From New York to California and most places in between, state governments -- with few exceptions -- have not been very good friends or partners to racing.
Tuesday, August 22, 2000By Ray Paulick -- Racing is in danger of letting the technology revolution pass it by.
Sunday, August 20, 2000Boosted by strong off-track simulcast wagering and stable on-track attendance and handle, total wagering on the spring meet at Churchill Downs rose 18% to an all-time high of $507,477,692.
Monday, July 10, 2000Both houses of the New Jersey legislature approved a measure to authorize account wagering and off-track betting in the state, but Gov. Christine Whitman plans to veto it.
Friday, June 30, 2000Special wagering will be offered as part of the National Thoroughbred Racing Association's All-Star Jockey Championship Friday night at Lone Star Park.
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