Horse Racing questions and answers

[str]

Hey STR: Did you hear that Del Mar decided to shut down computerized whale wagering 2 minutes till post. on win bets. I guess they were receiving some complaints from regular betting folk on the fluctuations of the odds late. what do you know if anything about CAW's.

I would hope that every jurisdiction would follow this. Fans just cannot be expected to have this stuff take place. It is totally unacceptable in my book.

[str]

CAW teams bet vast sums of money—accounting for 20% or more of the handle at some racetracks. Usually, CAW wagers are sent in the final moments before a race's start through sophisticated wagering technologies. Sometimes the amounts of money wagered and the timing of those wagers results in dramatic odds changes. The information on those odds changes often isn't fully available until after the gates open.

It really is unfair to the public IMO. At least with two minutes, some fans will have a chance to adjust their plays.

[str]

Some prominent track operators own the betting platforms used by CAW players, with The Stronach Group and the New York Racing Association owning one such company, Elite Turf Club, and Churchill Downs Inc. owning another known as Velocity. A Sept. 5, 2024, document outlining Elite Turf Club for the California Horse Racing Board said TSG owns 80% of Elite and NYRA 20%. Elite Turf Club is responsible for the bulk of CAW play on California racing, while Velocity is primarily focused on CDI-owned tracks.

Speaking last summer before the CHRB, Scott Daruty, president of TSG's Monarch Content Management and Elite Turf Club, acknowledged that the effectiveness of CAW teams raises the effective takeout for retail players. The aforementioned 2024 document estimated Elite's wagering results in a 2.5% increase in effective takeout for retail players.

Yes. It does. And while they have every right to be able to bet that money, the other 80% of the handle should have more consideration than the CAW’s IMO.

[str]

I do know one player for sure and probably more that are a big part of the CAW scene. While the CAW betting has added to a takeout kind of, without them, at least 1/2 of that money and probably more would be wagered anyway by a small group of individual players. That’s what happened back in the day when the high rolling sharps bet individually.
So it’s not all gloom and doom. And I thought about if this was the rule in Florida, 2 minutes to post is really more like 8 minutes to post because they are purposely late to make sure they get every drop of handle.
I personally find that as bush league and if I was a horseman there with any pull, I would be screaming about it. It’s amateurish. I wouldn’t bet a nickel at that place.

[str]

Some prominent track operators own the betting platforms used by CAW players, with The Stronach Group and the New York Racing Association owning one such company, Elite Turf Club, and Churchill Downs Inc. owning another known as Velocity. A Sept. 5, 2024, document outlining Elite Turf Club for the California Horse Racing Board said TSG owns 80% of Elite and NYRA 20%. Elite Turf Club is responsible for the bulk of CAW play on California racing, while Velocity is primarily focused on CDI-owned tracks.

Speaking last summer before the CHRB, Scott Daruty, president of TSG's Monarch Content Management and Elite Turf Club, acknowledged that the effectiveness of CAW teams raises the effective takeout for retail players. The aforementioned 2024 document estimated Elite's wagering results in a 2.5% increase in effective takeout for retail players.

Have to admit, the track owners being affiliated with the CAW’s is a little slimy. These people with mega bucks have no shame when it comes to trying to accumulate more money.
I think it’s a sickness. I mean, cmon man, help out other people. I think it’s gross.

[Easy-Rider 66]

Have to admit, the track owners being affiliated with the CAW’s is a little slimy. These people with mega bucks have no shame when it comes to trying to accumulate more money.
I think it’s a sickness. I mean, cmon man, help out other people. I think it’s gross.

THX STR for your takes. Yeah I was surprised to see that NYRA and CDI are affiliated with these groups.

[JBEX]

new page


previous weeks

10959/10994/10999/11026/11063/11108/11134


week 8 .. 8/18-8/24

opening day sar to last day dmr (mid sept)
ARMY MULE progeny at ...

saratoga/del mar/monmouth/ellis/colonial

monday and tuesday will look at all tracks ..weds to sunday the 5 above

everything for this week will be in this post
will be a notification when I post




8/18 monday ****

parx 9 (4:18)
#1 amy mule (15-1)
4th @ 12-1 .. 11 horse field

parx 11 (5:14)
#5 mission first (10-1)
scratched

prarie meadows 10 (8:51)
#2 come on mulitch (10-1)
3rd @ 3-2 .. 5 horse field w/ 2 scratches


8/19 tuesday ****

parx 1 (12:40)
#10 forward move (8-1)
last @ 17-1 ..never involved at any point

parx 12 (5:41)
#8 mission first (8-1)
out @ 6-1

8/20 wednesday ****

colonial 3 @ 1:28
#1 splash of jack (8-1)
out @ 20-1

8/21 thursday ****

nothing

[JBEX]

3 tracks thursday .. none running