[fpsoxfan]

Originally Posted by ALostTexan

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?