JC / Railbird

A Theme Emerges

With no real-time monitoring of wagering pools, extensive investigation would be required to determine how much money was bet and how many winning bets occurred off-track after the race’s start.”
“When asked about past posting, we can still only say that it does happen from time to time, but we cannot tell you how often because we really don’t know.”
“Infuriated by what he has seen, Maloney has taken his case to any racetrack official or mutuel manager that would listen to him. These were serious allegations he was bringing forth, yet no one would take him seriously.”
“I’m sorry to say that our tote systems are such that we don’t have good control of knowing where those revenues are coming from.”


2 Comments

This is exactly why this “exchange betting” is a huge mistake in this country. Until we can guarantee integrity in our current parimutual system, exchange betting is a pipe dream.

Posted by Michael on January 15, 2008 @ 11:30 pm

Good point. Any innovation is hindered by the tote system in its current state …

Posted by Jessica on January 16, 2008 @ 9:48 pm