Betting

Computer Assisted Wagering (CAW) remains a hot and controversial topic and it can be hard to find data on the numbers, such as how much are they betting and how much are they winning. To answer some of those questions and to clear up what he says are misconceptions about CAWs, Scott Daruty joined ths week's TDN Writers' Room Podcast presented by Keeneland. Daruty, who was the Gainesway Guest of the Week, is the president of the Elite Turf Club, the betting outlet for many CAW players. He said there...

Betting firm Fitzdares say that St James's Palace Stakes hotpot Bow Echo (Night Of Thunder) is the best backed horse on day one at Royal Ascot - but trader Mark Cancea revealed that Venetian Sun, as short as 2-1 favourite for the Commonwealth Cup, is by far the most popular horse in the ante-post wagering for the meeting on the whole.  Punters seem to believe that 2,000 Guineas winner Bow Echo is the real deal, according to Cancea, who said Fitzdares have seen one-way traffic for George Boughey's stable star...

HONG KONG, CHINA--Winfried Engelbrecht-Bresges is at the helm of the Hong Kong Jockey Club, an international racing powerhouse, for nearly two decades. He has navigated Hong Kong Racing through financial crises, political upheaval and a pandemic, and never let anyone think that his visionary sight had lost its compass. In the conversation that follows, recorded on the eve of the HKJC's international race meeting, the chairman of both the Asian Racing Federation and the International Federation of Horseracing Authorities once again covered ground that will resonate well beyond Hong Kong--from...

The fifth pool of the Kentucky Derby Future Wager and lone Kentucky Oaks offering is set to begin Friday at Noon ET and will close Sunday evening, Churchill Downs said in a press release on Tuesday. Both pools feature $2 Win and Exacta wagering, as well as a separate Oaks/Derby Future Double linking selections in both races. The Kentucky Derby Future Wager closes Sunday at 6 p.m., while the Oaks Future Wager remains open until 6:30 p.m. Headlining the Derby wagering slate is GII Fasig-Tipton Risen Star winner Paladin (Gun...

After watching a bill she filed last July to restore a gambler's right to deduct 100% of losses from gambling winnings languish without consideration in the House Ways and Means Committee, U.S. Rep. Dina Titus of Nevada on Thursday initiated a discharge petition in an attempt to bypass committee action and force it to a vote before the full Congress. "My FAIR BET Act has been sitting in @WaysMeansCmte for eight months, despite commitments from @HouseGOP to restore the full gambling loss deduction," Titus wrote Feb. 12 in a posting...

After being implemented and put into effect on Thursday, NYRA, citing a need to upgrade its tote system, announced Friday that the new "guardrail rails" put in place regarding Computer Assisted Wagering (CAW) will not go into effect until Feb. 11. With winter weather having knocked out the Saturday and Sunday cards at Aqueduct, the 11th is the next scheduled day of racing. "The guardrails requiring CAW activity to cease at 1 MTP have been suspended today to allow for technical upgrades to the tote system," read a NYRA statement....

After announcing in December at the Global Symposium on Racing in Tuscon, Arizona that it would be taking steps to limit Computer Assisted Wagering (CAW play) within the coming months, NYRA announced Friday that the new rules will go into effect on Feb. 5. Calling the measures new "guardrails," NYRA revealed at the Arizona symposium that all CAW play will eventually cease at one minute to post in all pools. CAW players can still bet after the one-minute time limit, but they will be restricted to six bets or fewer...

Last November, Democratic Kentucky state representative Matt Lehman told the TDN he was considering legislative intervention in an effort to curb computer assisted wagering (CAW) play in the state to a more equitable standard for all players. The debate around CAW players typically surrounds the edge they wield over regular gamblers thanks to their use of sophisticated technologies that allow them to precisely read the markets and to place massive wagers across many pools in the final seconds of betting--which can lead to extreme late odds changes--as well as the...

Peter Alafonginis, owner, Northern Tier Farm I foresee only approximately five major tracks open in the USA and a few smaller one-mile tracks for the second-tier horse. They will have, dirt, grass and synthetic surfaces at each of the major venues. And their lesser counterparts will hopefully have a combination of surfaces as well. Steeplechase venues will grow in number and quality, incorporating a country-club environment with clubhouse and parimutuel betting. These facilities will combine other aspects of the Thoroughbreds' life after racing. Equitation, shows, hunt events, even polo on...

Over the last few weeks, the TDN has asked "racing's best and brightest" to give predictions regarding what the state of the sport will be ten years from now. Considering that most of the responses came from industry insiders who derive their living from the sport and cannot afford for things to worsen, the responses were not that surprising. Many projected a rosy future for the sport. The same sport that has many problems, some of them that will be very difficult to solve. What was lacking in the series...

WatchandWager.com has renewed agreements with Monarch Content Management Group and the New York Racing Association (NYRA) to accept wagers on their racetracks in 2026, according to a press release from the betting outfit on Thursday. The renewals with Monarch allow WatchandWager players to place bets at 19 racetracks, including Gulfstream and Santa Anita, while the NYRA deal gives those horseplayers access to 17 racetracks, which includes Saratoga. WatchandWager has obtained renewals of all of its state-by-state ADW licenses for 2026. Among those individual licenses are California, Colorado, Kentucky, New York...

When racing was canceled on Dec. 2 at Parx after the first two races, horseplayer Mitch Demick said he was relieved. He said that he had bet about $120 combined on the early Pick 4 and the Big 5 Pick 5. Entering the third race of the day, which was not run, he did not have a live ticket with either bet. As someone who often plays the horizontal wagers at Parx, Demick was sure he knew the rules and that he was entitled to a refund. According to both...