CAW

by Walter Toner Rainy afternoon on Cape Cod and I had a few minutes to kill, so flipped the channel to TVG for a quick flutter. I selected the filly Just Like Magic, approaching the gate at 7-5 as the recipient of a $10 win wager in the 3rd race Oaklawn (3/28). She charged up the rail and won. Final odds were 3-5. WTF. Sorry for the crudeness. Racing will never engage the next generation of punters with 15-27% takeout and NO fixed odds, when they can bet on sports...

The remaining days in 2023 dwindled to a few last week, a welcome development considering the year that it was. Yes, there was some good news. Arcangelo (Arrogate) winning the GI Belmont S. for trainer Jena Antonucci was as good a story as we've seen in some time. The saga of Cody's Wish (Curlin) continued to tug at our heartstrings. The sales continue to post huge numbers. Purses have soared in Kentucky and at Oaklawn, with maidens running for pots in excess of $100,000. But for every good story there...

Over 60 speakers will present at the University of Arizona's Race Track Industry Program's 49th annual Global Symposium on Racing, scheduled for Dec. 4-6 at Lowes Ventana Canyon in Tuscon. The event brings together racing industry executives from around the world to explore critical issues and trends across the three racing breeds. Panels at the 2023 Symposium will include:   Computer Assisted Wagering--The Good, The Bad, and The Future Out of the Shadows--Shining a Spotlight on Mental Health and Emotional Wellness The Path Forward--Race Track Safety and the Anti-Doping &...

It was back in 2004 that Brent Sumja made a career decision. He was among the leading trainers in Northern California, but wasn't following his true passion. That was playing the horses. So he disbanded his stable and set out to be a professional handicapper. It went well. He played the races regularly and also focused on the handicapping tournaments. In 2014, Sumja won five tournaments in a four-month span from May to September to clinch the title of 2013 Daily Racing Form NHC Tour Champion and the first prize...

There have been several stories recently in the TDN about Computer Assisted Wagering (CAW), and many of them have contained accurate and useful information. But what those articles have failed to do is convey what CAW really is and does, why it matters, and most of all, how dire and urgent the situation they have created is. Hence this letter. 1-First, the basics. Betting handle is the lifeblood of our industry. It directly funds purses, creates all the jobs in our business, and indirectly funds the commercial bloodstock industry—no (or...

Pat Cummings joins this week's TDN Writers' Room to discuss the expansion of CAWs and their longterm impact on the sport. This week's episode is sponsored by Keeneland, the Green Group, Coolmore, WinStar, the PHBA, the KTOB, XBTV, and West Point Thoroughbreds.

Pat Brown, the director of The Racing and Gaming Conference at Saratoga, knows what makes an agenda tick. He has seen his fair share of seemingly endless Power Points, glazed-over eyes and the attendees that surf the Internet in an attempt to multitask. The best way to combat the conference malaise? Just a healthy dose of fun. "I've spent over 40 years of in and out of government, thinking about and writing about the gaming and horse racing industry," said Brown, a former advisor to New York's Governor Mario Cuomo...

Nine of the 11 largest betting pools have shown declines from all customers except computer-assisted wagering groups over the past four years, while the handle of the largest CAW groups grew dramatically, according to an extensive study of data released Monday by the Thoroughbred Idea Foundation (TIF). "The Thoroughbred Idea Foundation's analysis of data from Del Mar between 2018 and 2022 showed on an inflation-adjusted basis, per-race (or per-opportunity basis for certain bet types) CAW betting, from what is believed to be 17 accounts, has grown tremendously in the last...

The Week in Review by Bill Finley It's not often in this sport that John Q. Horseplayer gets a break, but that's exactly what happened last week when it was revealed that NYRA was no longer accepting bets from the so-called computer-assisted wagering (CAW) players on its Empire Six wager. The Empire Six wager joined the Cross Country Pick 5 and the late Pick 5 as NYRA wagers that are no longer available to the CAW players. The computer players use algorithms that predict the probability of a particular outcome....

NYRA is no longer accepting wagers from customers using computer assisted wagering (CAW) programs on its Empire Six wager. The new policy took effect Feb. 4. The Empire Six joins NYRA's Late Pick 5 and the Cross Country Pick 5 as pools that are now closed to a group of bettors who use computer algorithms to place their wagers and are known for betting huge amounts, particularly when there is a large carryover in a pool or a mandatory payout day. This was the second step in a process that...