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Wednesday, November 4, 2009

Maloney on Golden Gate Incident

Yesterday the DRF reported that "Golden Gate Fields has forwarded information to the California Horse Racing Board and other racing investigatory agencies about a possible past-posting incident on its third race on the Sept. 26 card.."

HANA's VP of Wagering Compliance, Mike Maloney shares some thoughts:

A report in Wednesday's DRF provided more disconcerting news for horseplayers.

According to the report, past-posting possibly occurred on Golden Gate's third race on the September 26 card. The Thoroughbred Racing Protective Bureau is investigating but is not able to determine when the race went off. Golden Gate general manager Robert Hartman said the track had already known a stop-betting command issued by Golden Gate's stewards had malfunctioned for the race, but the track was not previously aware that any wagers had been placed after the race started.

After reading this report, two questions occur to horseplayers. First, nearly two years after the Fair Grounds past-posting incident, how can Golden Gate and/or the TRPB justify not recording when the races begin? Second, If Golden Gate management knows the stop-betting command has malfunctioned, why not begin an immediate internal investigation to determine if past-posting occurred?

HANA's sources have confirmed that betting continued at least 40 seconds into the race in question. We've also learned that Golden Gate Fields, the CHRB, and the TRPB were unaware of the past-posting until it was reported by a player TEN DAYS after the race.

Do racing leaders really believe that handle will grow under this level of security and oversight?

If you think the industry needs to do more to protect the bettor's interests, please join us at HANA and make a difference.

3 comments:

Scott Ferguson said...

rank amateurs... a simple look at the last bets on a race - "Ooh, what a surprise, they're all on the same horse" and then cross-check with the time clock shows these up. Another reason why bookmakers should be allowed - when someone has to risk money, they make sure the systems work!

CBedo said...

Disgusting! Anyone ever hear of investing in technology? God forbid we update our stone age tote/betting/compliance technology....

Dave Schwartz said...

We've also learned that Golden Gate Fields, the CHRB, and the TRPB were unaware of the past-posting until it was reported by a player TEN DAYS after the race.


I'd really like to know the circumstances surrounding how a PLAYER reported the incident.