Patrick Cummings

As 2023 draws to a close, the TDN is asking industry members to name their favorite moment of the year. Send yours to [email protected] "The best moment from 2023 was the confirmation that the state of New York would be loaning NYRA nearly half a billion dollars to build a modern Belmont Park. I'd rate this occurrence as possibly the most positive development in the sport since the founding of the Thoroughbred Aftercare Alliance. The seeds of this were planted in the years before VLT revenue started flowing in New...

The Iowa Racing and Gaming Commission is investigating a spate of pool manipulation incidents which seem to have occurred on three races run at Prairie Meadows in the last eight race days, the Thoroughbred Idea Foundation (TIF) said in a release Friday morning. Daily double pools on Sept. 4 (Races 2/3), Sept. 1 (Races 6/7) and Aug. 25 (Races 5/6) were subject to massive bets on combinations the manipulator(s) expected to lose. In each case, the bets were made in the final betting cycle when projected payouts for each combination...

Courtesy Thoroughbred Idea Foundation Winning horseplayers at Churchill Downs and around the world betting into the pools across Kentucky Oaks and Kentucky Derby days enjoyed more than an additional $1 million in winnings thanks to an amendment to Kentucky law which now rounds winning bets to the penny. The practice, known as breakage, has been in effect across all of American racing, relatively unchanged, for more than a century. But Kentucky's legislature passed an amendment to existing laws in March 2022. The measure took effect in July of last year,...

With 20 questions and a tiebreaker facing contest participants, entries are now open for the 2023 Thoroughbred Idea Foundation Derby Prop Contest, the organization said in a release Wednesday. The entry portal closes at 11:00 a.m. E.T. this Saturday, May 6. Players should keep track of their answers as you will not be able to revisit the survey portal once you submit your entry. Should a horse named directly in a prop be scratched, all answers to that prop may be counted as correct. Winners will be notified by email...

Courtesy Thoroughbred Idea Foundation Horseplayers at the 2022 Breeders' Cup enjoyed more than $545,000 in additional winnings from just the win, place and show pools thanks to the revised Kentucky law that pays pari-mutuel winnings down the penny. "The two days of racing at Keeneland were sensational, but it was made that extra bit better thanks to penny breakage increasing payouts to players," said Patrick Cummings, Executive Director of the Thoroughbred Idea Foundation (TIF). In no race was the impact greater than the Breeders' Cup Classic won by Flightline. Under...

Through the conclusion of racing at Keeneland Sunday Oct. 15, more than $1.1 million has been returned to bettors since the introduction of penny breakage--rounding pari-mutuel winnings to the penny and not the dime--less than two months ago, according to a blog post from the Thoroughbred Idea Foundation (TIF). TIF was a vocal supporter and champion of the penny breakage provision, the first of its kind in North America as part of broader legislation designed to standardize pari-mutuel taxation. "The total is even higher than $1.1 million, that is just...

by the Thoroughbred Idea Foundation  In an unusual incident on Tuesday, Sept. 6, a horse reported to betting outlets as a scratch for 40 minutes prior to the start of a pick four sequence at Mountaineer Park was later unscratched after betting was closed and allowed to race. Remarkably, all pick four bets placed were paid to the actual results. "There are some similarities to the Modern Games (Ire) incident from last year's Breeders' Cup," said TIF Executive Director Patrick Cummings, "and it proves that wagering rules are in desperate...

by the Thoroughbred Idea Foundation The rule seems clear. What is also clear is that the rule, as written, was ignored on Thursday, July 21 at Saratoga, though by which party is unknown at present. "On behalf of aggrieved horseplayers who were impacted by the decision last Thursday, and all future players of multi-race bets in New York, we felt it necessary to seek clarification from the New York State Gaming Commission about the rules, why a seemingly arbitrary decision was made in the sequence and what customer expectations should...

By a vote of 33-1, the Kentucky State Senate has given their stamp of approval to Kentucky House Bill 607, which modernizes the taxation of pari-mutuel wagers and, in a major victory for horseplayers, eliminates the dime breakage than has been the standard for many years in favor of penny breakage. The change in the breakage will put more money into the pockets of horseplayers and is the first such measure to be introduced in the United States. The lone dissenting vote came from Republican Senator Whitney Westerfield. "For more...

After a pandemic-stricken year in which ADW revenues hammered California industry coffers, the first month of 2021 brought with it a flurry of budgetary and purse account developments in response. First came the announcement from the Thoroughbred Owners of California (TOC) that they had reached an agreement with TVG, the Del Mar Thoroughbred Club, The Stronach Group's 1/ST Racing, and NYRA to inject some $15 million into the purse fund over the course of two years. In response, a subsidiary of the gaming corporation Churchill Downs, Inc. (CDI) filed a...

by Thoroughbred Idea Foundation While Aunt Pearl's performance in the [GII] J.P. Morgan Chase Jessamine S. Oct. 7, 2020 was an impressive gate-to-wire score in a sizzling time, smashing the stakes record by more than two seconds, the pesky un-timed portion of nearly every American race played a role in the eye-popping clocking. "Run-up" is the distance from where the gate is placed and the timing of the race begins--that is, the point at which the horses reach the published distance of the race. The Jessamine, and nearly every other...

We cannot say this any simpler: American racing does not have a fair and equitable split of the takeout dollar, it has overly and foolishly relied on alternate sources of gaming to supplement purses. So, we remind you--whether you are for or against a 'federal bill,' a Jockey Club member, a commercial breeder, a small syndicate member or anything in between--the status quo is untenable. Something must change. The economics for the sustainability of racing are all askew. ADWs aren't bad--our business REALLY needs them, particularly now. Their percentage of...