Exchange wagering this Summer in NJ?

[Cannon Shell]

http://www.drf.com/news/new-jersey-h...hange-wagering

[Calzone Lord]

All of the nonsense about how it might lead to more allegations of race fixing...that was once the main battle cry of those who opposed "exotic wagers" like the trifecta.

Relatively speaking, horse racing has a good public image, and it should have a great one.

Look at the 1920's. Horses were commonly drugged with very hard stuff, like Heroin, for performance enhancing purposes.

Race fixing actually existed in those days. There were scandals involving "Midnight Riders" -- the Night Riders would take a horse in-tomorrow out of their stall and ride them to exhaustion, so they could bet against said horse the next day.

A horse like Old Rosebud (2-year-old champion, runaway Kentucky Derby winner, Horse of the Year as an older horse, a horse in some ways more popular than Man O' War, and he breaks down in a claiming race at age 11 and is euthanized at Aqueduct)

Technology sucked. You had to lug Chart Books around with you and buy a DRF to get decent past performances. The poor tracks, they had no simulcasting and slots revenue.

Adjusted for inflation, it cost $75 just for general admission at a New York track. Want to go to Aqueduct on a Thursday? Pay $75 just to get in.

The poor tracks, and poor horse racing. However did they manage to dominate the Sports Pages and offer fantastic purses? They even made celebrities out of dozens of their betting customers.

Betting exchanges are a step in the right direction. However, every entity in racing is out for themselves and their piece of the pie, and the long term best interest of the game always suffers because of it.

[Duvalier]

"Midnight Riders" I've never heard of that...that's some interesting stuff. Were there any other not so well known fixes back in those days?

[randallscott35]

I'm sure making an exchange only open to one state will be a huge success. Who wants to take my action on 10 maiden claimers at Monmouth. I will give you 5-1 on the first Cibelli runner you see in there...On second thought, let me talk to her vet first.

[Cannon Shell]

Originally Posted by randallscott35

I'm sure making an exchange only open to one state will be a huge success. Who wants to take my action on 10 maiden claimers at Monmouth. I will give you 5-1 on the first Cibelli runner you see in there...On second thought, let me talk to her vet first.

They aren't legal in any other states yet.

[randallscott35]

Originally Posted by Cannon Shell

They aren't legal in any other states yet.

Yes Chuck. Reread my first sentence.

[Calzone Lord]

Originally Posted by Duvalier

"Midnight Riders" I've never heard of that...that's some interesting stuff. Were there any other not so well known fixes back in those days?

Fixes weren't infrequent, relatively speaking. Pittsburgh Phil is credited in a Beyer book for bribing a jockey to be honest and paying him for wins. However, that was actually a method first used by Plunger Walton decades before him. In fact, The Albany Law site has a few pages on Plunger Walton doing exactly that. Pittsburgh Phil merely used the same method at a smaller track known for larceny.

I don't believe fixed races ever really happen anymore. Certainly not at the big tracks, or even the mid level tracks. If they happen, it's at a lesser track.

If you know how to play the offshore game, you can get good action offshore on some pretty cheap tracks.

Here's the famous bookmaker, horse bettor, and horse owner (he owned Roseben) Davy Johnson making a joke about one of the Night Riding incidents in New York that got a conviction...

[Duvalier]

That's awesome. Some real colorful characters back then. Someone should make an HBO type show from back in that day along the lines of Boardwalk Empire.

[Calzone Lord]