What nonsense?
If he bet $100 on his own horse to win the Derby than good for him.
Trainers are obviously allowed to back their own horses.
The famous Kentucky Derby of 1882 won by Apollo over the Eastern champion Runnymede was a classic example of heavy Derby future book betting by the camps of both horses and it shows how long this goes back.
Apollo's trainer made a killing. So did a slew of bookmakers. Runnymede's defeat cost his owner (Dwyer) about seven fortunes.
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