NJ Exchange Wagering set for launch; UPDATE: Handle growing steadily

[richard burch]

I don't know, these 2 paragraphs really make you wonder......it reads so bad....

Other industry groups have been reluctant to endorse the site because of fears that racing fans and handicappers will increasingly accuse horsemen and jockeys of deliberately keeping horses from winning because one side in every exchange wager is betting on a horse to lose. Betfair has countered that its system is adept at identifying suspicious wagers and that the company has and will continue to cooperate with all investigations of betting patterns on the site.

Earlier this year, the Jockeys’ Guild held a panel at its annual assembly urging jockeys to use caution when riding at tracks that allow exchange wagering on their races, in anticipation of the launch of the site. The recommendations included declining to allow owners or trainers to pick up checks at restaurants or otherwise accepting gifts from horsemen, along with exercising restraint when discussing their horses’ chances.