No. This is absolutely not what happened. He was not ask anything specific about past-posting. He was ask what he felt was the best and worst thing about horse racing, from a whales perspective. He said that the security of the betting pools needed to be changed. When ask by Dave Johnson to expand on that topic, he said, for instance, he was at Keeneland betting this race at the Fair Grounds, and knew enough about the tote system to know that there was supposed to be a beep when the race was closed, and that he never heard it.

So he began testing the system. 1/8 of a mile into the race, he told the teller to punch another ticket, which went through. Then another 1/8 mile passed, and he had the teller punch another ticket, and continued every 1/8 mile until the machine finally did beep, which he claims was well after half of the race was ran. All the while, he was screaming for the Director of Mutuals to get his ass over to the window to see what was going on. There was no conspiracy between Maloney, the teller, or the Director of Mutuals to rig the system. This was simply a whale who was concerned with the system seeing a flaw in the system and showing it to someone who should be concerned, which was the Director of Mutuals.

In his talk, at least what I got out of it, Maloney seemed like this was not an isolated event, and that he at least didn't hear the beep to shut off wagering before. This was just a time that he saw a time that it could be greatly exploited, he had plenty of late tickets punched as proof, and this was a time that he had the attention of the entire racing world as he was at the Symposium on Racing and Gaming.

This Maloney cat is a liar and a cheat. I mean come on. Do you honestly believe this story?

Even though this should disqualify you from any rational conversation I will try. The problem with the "deadline" of posttime being closed is that the actual posttime is dependant on several things. One being that in cases of long lines at the windows the mutual manager will often add a minute or 2 to the posttime to try to get as much money into the pools as possible. Another being delays due to inquiries, loose horses, bad gate actors, weather, etc. What do you do if a horse gets loose with 3 minutes to post? Make an announcement that posttime will be extended? What about the players at other tracks, simulcast outlets or betting from home? How do you notify them? Or do you just close the betting and let people stand there for 5 minutes with live money in thier pockets? It is not as easy as some people make it out to be, Dude.

Will that be worse then the complaints of the bets not getting in?

The thing is, nobody knows how often it is happening. This came up as a fluke. There is lots of suspicion among bettors that there is past posting going on. Check just about any message board on the net. I'm not saying it is happening, but the perception among many is that it does.

Perhaps he's obsessed with Hacker Craft? Alas, HC probably wouldn't respond.

He can satisfy his HC obsession by adding him to his xmas list. I will send him COD

I'd peep. I'd definitely prefer to retain the ability to bet, cover, cancel to break, versus having definitive odds and a closed window 1 minute to post. Too much happens in that last few minutes, too frequently.

The important thing is that no bets are made after the break, period. The odds adjusting to final in the next 10-15 seconds - that I can, and have, lived with nicely, simply through anticipation.

Each track has a "stop wagering device"
In a good system this device would be tested, and monitered by a professional :D (seriously) it should be someone's responsibility. Ideally the tracks would be fined when the device malfunctions on/before a live race.

I'm obsessed with Hacker Craft. I'm trying to stop.

What is the deal now (how does it work) at various tracks. I only partly heard that discussion on ATR ... is it a manual signal from the mutuals manager?

Stewards first.. then Mutuels/Tote Company have backup stop..

Then I'd agree with the dedicated pro vs. a steward, and fines unless a unavoidable and documentable malfunction occurs.

Stewards ARE 'dedicated pros' and it is part of the responsibilities in the stand.

I'm going back to listen to ATR .... :rolleyes:

Isn't the switch triggered by the starter's button hooked into the mutuels?

Call it whatever you want. And if horseplayers are pissed so be it. It is my view on this one particular race.

If you can find a horseman that speaks up in support of horseplayers more than me, I would like to meet them.

Can be.. Why it's not installed that way more widely is a mystery.

KHRA & CD to investigate past-post incident
 

The Blood-Horse today:

"The Kentucky Horse Racing Authority will form a subcommittee to investigate an incident in which wagering on a Fair Grounds race at Keeneland remained available while a race was in progress, officials said Dec. 17." ... etc..