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Originally Posted by philcski
He makes no bones about the fact that he and his brothers (who coincendentally own about 90% of his stock) like to bet- and bet big. This is no secret. His horses generally suck and go off at long odds, and he wins at like 5%, outside of the inner track where he's a stellar 10-15%. Not sure what the big deal is here. It's not like he needs to artificially inflate the odds of his horses to bet them... they take care of that themselves. Even if his brothers are betting against their runners, (a) that's not illegal and (b) probably makes sense, because of the reasons stated above.
Like I said, I know the guy, and he ain't the brightest bulb (but definitely a nice guy who geniunely loves his horses). There's no "fixing" going on here.
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I don't doubt what you said, but there has to be something going on here?