TIF

TIF: Wagering Insecurity, Part 4–Confidence

This is Part 4 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

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TIF Series: “Wagering Insecurity” Part 3 – Volponi

   This is Part 3 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity."    Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads.    Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity, along with increased transparency of the wagering business and its participants over time. Achieving this is growing increasingly difficult...

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TIF Wagering Insecurity, Part 2 – Intertwined

This is Part 2 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity."    Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that...

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TIF: Wagering Insecurity, Part I–Expectations

This is Part 1 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

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TIF Launching “Wagering Insecurity” Series Beginning April 13

Editor's Note: The following is an edited press release from the Thoroughbred Idea Foundation, which is beginning a 12-part series on wagering insecurity next week. The series will be released in two installments per week, and the TDN will carry summaries and links to the 12 articles. The Thoroughbred Idea Foundation (TIF) will launch "Wagering Insecurity," a multi-part series which will examine the current state of oversight of North American Thoroughbred racing and wagering, beginning Tuesday, Apr. 13. In the aftermath of the infamous "Fix Six" at the 2002 Breeders'...

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TIF: How Will Racing Pay for HISA? Grow the Business!

by Thoroughbred Idea Foundation The creation of the Horseracing Integrity and Safety Authority (HISA) is the most significant development in American racing at the federal level since the passage of the Interstate Horseracing Act in 1978. Questions now being rightly considered include how much HISA will cost and where will its funding originate from. Below, we offer some perspective on the costs. But as the greater industry determines where the funding will come from over time, racing should proactively adopt policies which seek to grow the wagering business. The industry...

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A Conversation About Accuracy: 30,000 Falsehoods Annually

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...

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The Best Interests of the Industry: #FreeDataFriday, Final Volume

by Thoroughbred Idea Foundation This is the final installment of a year-long series we called #FreeDataFriday. We have greatly appreciated your attention and feedback. To share your thoughts with us, please contact us by clicking here. In March 2019, the Thoroughbred Idea Foundation published a white paper calling for Equibase to do four things: Provide free, raw data feeds for registered, non-commercial users. Provide free, basic past performances on all North American tracks. Provide responsive channels to regularly address errors and omissions in the data. Partner with universities to study...

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TDN Writers' Room for April 29, 2020 With Pat Cummings

The Thoroughbred Idea Foundation issued a paper last week showing just how much of the pie goes to ADWs, and how little to purses, in California. Pat Cummings of the TIF joins us to talk about it.

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TDN Writers' Room Podcast for Feb. 5, 2020, with Pat Cummings

The Thoroughbred Idea Foundation was formed to cultivate and put forth independent ideas for the benefit of Thoroughbred racing. In this edition of the TDN Writers' Room podcast, TIF Executive Director Pat Cummings talks to Joe Bianca, Bill Finley, Jon Green and Alan Carasso about their new white paper on the sustainability of racing.

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TIF Publishes 'American Racing's Sustainable Future'

Considering three systemic issues and offering three recommendations, the Thoroughbred Idea Foundation released its newest white paper, "American Racing's Sustainable Future." "No matter where an American racing stakeholder stands on the issues that seemingly have consumed the majority of the dialogue in the sport in recent months - the 'federal bill' or use of the crop amongst them - it is beyond time to start tackling the larger, fundamental concerns which threaten our industry and work towards a more sustainable future," said TIF Executive Director Patrick Cummings. "This paper is...

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Open Letter to the Industry: Data, Wagering and the Future of Racing

Editor's Note: the following is part of the Thoroughbred Idea Foundation's weekly 'Free-Data Friday' series. #FreeDataFriday--VOLUME 17: DATA, WAGERING AND THE FUTURE OF RACING At some point the horse racing industry--owners, racetracks and industry organizations--stopped caring about gambling on live horse racing. If gambling on horse racing was any sort of priority, distributing free data would be one of the first things the industry would do. Get data into the hands of customers. Despite their massive contribution to racing, horse owners are required to relinquish any rights to data, even...

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