Michael Beychok

Baffert, Horseplayers Spar Anew in Class-Action Derby Suit

Monday's ruling by the Kentucky Horse Racing Commission (KHRC) that disqualified Medina Spirit from the 2021 GI Kentucky Derby has now triggered dueling letters to the federal judge overseeing the class-action case in which a group of bettors are suing trainer Bob Baffert for allegedly engaging in a years-long pattern of racketeering based on his purported "doping" of Thoroughbreds. The plaintiffs in the case, led by Michael Beychok, the winner of the 2012 National Horseplayers Championship, on Feb. 22 filed a letter in United States District Court (District of New...

[ Read More ]
Five Horseplayers Named to NHC Hall of Fame

The National Thoroughbred Racing Association (NTRA) selected five handicappers for induction to the NTRA National Horseplayers Championship (NHC)'s Hall of Fame: Stanley Bavlish, Michael Beychok, David Gutfreund, Paul Matties, Jr., and the late J. Randy Gallo. The five horseplayers are the eighth class of inductees and will be recognized during the 22nd NHC Champions Dinner Jan. 30. The dinner will be held at the conclusion of the NHC, which is presented by Racetrack Television Network, Caesars Entertainment, and Bally's Las Vegas. Honorees were chosen by their peers and join 14...

[ Read More ]
Kentucky State Rep. Adam Koenig Discusses Breakage Bill On Writers' Room

Breakage, the practice of rounding down bettors' payouts to the nearest 10 or even 20-cent number rather than paying the deserved amount to the penny, has long been a thorn in horseplayers' sides. Kentucky state representative Adam Koenig, an avid horseplayer himself, is trying to do something about it in his state. Wednesday morning, Koenig joined the TDN Writers' Room presented by Keeneland as the Green Group Guest of the Week to discuss the bill he's sponsoring to eliminate breakage in Kentucky, as well as his proposed sports betting legislation,...

[ Read More ]
Bettor Suing Baffert Leaving the Racing Game

Michael Beychok has been one of the most visible horseplayers in the sport for a while. He's a winner of the National Handicapping Championship, a horseplayer advocate and a public handicapper for the New Orleans Times-Picayune who has spent the better part of his life betting on the horses. Just not for much longer. Beychok, who is the leading figure in a class-action lawsuit filed by gamblers who say they would have made money on the 2021 GI Kentucky Derby had it not been won by Medina Spirit (Protonico), says...

[ Read More ]
Baffert Attacks 'Tinfoil Conspiratorial Premise' of Class-Action Suit

Trainer Bob Baffert told a federal judge Wednesday that a group of bettors who are suing him in a class-action lawsuit alleging a years-long pattern of racketeering based on his purported "doping" of Thoroughbreds have twisted their case so far from reality that their alleged misstatements amount to libel. In a Jan. 12 filing in United States District Court (District of New Jersey), Baffert stated that the plaintiffs' recent attempt to portray him as the "Lance Armstrong of the horse racing world" is a "desperate conglomeration of highly inflammatory statements...designed...

[ Read More ]
Class-Action Bettors Urge Judge Not to Dismiss Derby Suit Against Baffert

Alleging that trainer Bob Baffert "is the Lance Armstrong of the horse racing world" because of a purported years-long pattern of racketeering activity related to the alleged "doping" of Thoroughbreds, a group of horse bettors who brought a class-action lawsuit seeking compensation for damages over the result of the 2021 GI Kentucky Derby urged a federal judge Wednesday not to grant Baffert's motion to dismiss the case. The original version of the suit, led by Michael Beychok, the winner of the 2012 National Horseplayers Championship, was filed four days after...

[ Read More ]
Zedan Dropped From Class-Action Horseplayers' Lawsuit

Zedan Racing Stables, Inc., the owner of GI Kentucky Derby winner Medina Spirit (Protonico), has been voluntary dismissed from a class-action federal lawsuit initiated by a group of horseplayers who want to collect damages from a purported years-long pattern of racketeering activity related to the alleged "doping" of Thoroughbreds by trainer Bob Baffert. Zedan Racing's founder is Amr Zedan. The dismissal "without prejudice" was filed by the plaintiffs June 23. Baffert, plus his incorporated racing stable, now remain as the only defendants in the suit, which was filed May 13...

[ Read More ]
Horseplayers Sue Baffert, Zedan

Led by Michael Beychok, the winner of the 2012 NTRA National Horseplayers Championship, four gamblers have filed a Class Action Lawsuit against trainer Bob Baffert and owner Amr Zedan, alleging fraud. Each maintains that they made bets that would have won had GI Kentucky Derby winner Medina Spirit (Protonico) not been "doped." The plaintiffs allege that Baffert and Zedan are in violation of the Racketeer Influenced and Corrupt Organizations Act (RICO), the California Control of Profits of Organized Crime Act (CCPOCA) and for committing state common law and equitable fraud....

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.