Horse Betting

Kentucky Downs Turf Pick of the Day for Sept. 6

Steve Sherack and Brian DiDonato give their best bet for each day of racing during the FanDuel Meet at Kentucky Downs. $100 Win/Place format; highest bankroll at the end wins. Steve Sherack: Sunday's Results - Gamble's Orb finished 6th. Monday - Race 7 - Considering the brutal meet trainer Saffie Joseph, Jr. has endured at Saratoga this summer, Setting the Mood's second-place finish in a first-level allowance going long Aug. 6 looks even better now. Claimed for just $20k back in March and a back-to-back winner at Gulfstream right out...

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Wagering Up, Purses Down Slightly During October That Included Preakness

As a service to the industry and in consideration of the economic changes due to the COVID-19 outbreak, Equibase is currently providing monthly reporting of its Economic Indicators Advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing's performance throughout the year. October 2020 vs. October 2019 Indicator October 2020 October 2019 % Change Wagering on U.S. Races* $929,063,211 $776,071,164 +19.71% U.S. Purses $90,845,317 $91,981,753 -1.24% U.S. Race Days 340 334 +1.80% U.S. Races 2,852 2,754 +3.56% U.S. Starts 22,410 22,176 +1.06%...

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Twinspires Triple Crown Throwdown: Kentucky Derby

Ed DeRosa of Brisnet.com takes on TDN's Steve Sherack and Brian DiDonato as they handicap Triple Crown prep races plus the big three races themselves. The three will make $100 Win/Place bets in the preps and $200 Win/Place bets in the Kentucky Derby, Preakness and Belmont. Highest bankroll at the end wins. DeRosa - Bankroll: $5480 - Pegasus Result - Skyscanner made no impact at a big price. GI Kentucky Derby - Tiz the Law is my pick to win the GI Kentucky Derby. He is the most likely winner,...

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Bettor Awarded $20K After Charging He was Cheated by Horse Dopers

In a landmark case that could pave the way for bettors to recoup gambling earnings they may have lost when their picks were beaten by doped horses, a harness racing horseplayer has received $20,000 in a settlement after he claimed he was cheated out of winnings in a 2016 race at the Meadowlands. In 2018, Illinois resident and gambler Jeffrey Tretter went to court in an effort to recoup over $31,000 he says he was entitled to because his bets would have come in if not for his selections being...

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Open Letter to the Industry: #FreeDataFriday – Churchill Offering Free Past Performances

by Thoroughbred Idea Foundation BettorIQ's recent podcast, "A Sports Betting Education," featured professional bettor Rob Pizzola, who was asked what might motivate him to model or wager on a new sport. "First and foremost, what does the market looks like?...Ultimately, that's the first thing. The second is what data is available. Is it public data? Is it private? Do I have to purchase it? is it reliable? You want to talk about emotions in sports betting, the instability you have to deal with, with some of the data I have...

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Making Betting More Friendly: Tom Amello

With racing's temporary opportunity as the only game in town, the TDN's Katie Ritz took a poll of some industry insiders known to like a good bet and asked them: what is one simple way that tracks could make betting more friendly for existing horseplayers and/or more effective at bringing in new players? As you'll see, none of them could stop at just one. Making betting more friendly, especially for novices, requires a new concept. I propose teaching the gamble at the core of Thoroughbred racing, grounded in wagering, and...

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Making Betting More Friendly: Brian DiDonato

With racing's temporary opportunity as the only game in town, the TDN's Katie Ritz took a poll of some industry insiders known to like a good bet and asked them: what is one simple way that tracks could make betting more friendly for existing horseplayers and/or more effective at bringing in new players? As you'll see, none of them could stop at just one. My answer will probably differ from most, as I think there's far too much focus on trying to cultivate an army of novice $2 bettors and...

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Making Betting More Friendly: Steve DeCaspers

With racing's temporary opportunity as the only game in town, the TDN's Katie Ritz took a poll of some industry insiders known to like a good bet and asked them: what is one simple way that tracks could make betting more friendly for existing horseplayers and/or more effective at bringing in new players? As you'll see, none of them could stop at just one. Number 1: Horseplayer Ombudsman Racetracks should hire a horseplayer ombudsman who would--to steal from legendary Washington Post Editor Ben Bradlee's description of the role at his...

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Open Letter to the Industry: #FreeDataFriday – Racing's Open Data Canyon

Thoroughbred Idea Foundation Two weeks ago, Microsoft announced the launch of its "Open Data Campaign," in their words, "to help address the looming 'data divide' and help organizations of all sizes to realize the benefits of data and the new technologies it powers. "We believe everyone can benefit from opening, sharing and collaborating around data to make better decisions, improve efficiency and even help tackle some of the world's most pressing societal challenges." Now, it is obvious that it is in Microsoft corporate's interests to convince others of this, but...

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A Month of Answering Questions as a Quarantine Betting Coach

Much has been said and written about racing's opportunity during the coronavirus pandemic to capture wagering dollars typically directed towards sports betting or spent in casinos, and I'm happy to report that two of my closest friends have done their part in contributing to handle over the past month or so. Neither are complete rookies, but they don't regularly bet races. We actually started betting horses at the same time--early in our college careers, but they never got hooked on the sport like I did. They've been to Saratoga, will...

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