Sports Betting in New York State

Sports bettingThis year, New Yorkers who want to be part of that action [March Madness] legally must still take their money to another state, with New Jersey the closest option. Next year, though, they should be able to place bets in New York, as the last of the state’s consequential bans on betting disappears. And this might be New York’s best chance to get gambling right and correct the mistakes of the past.

Over the decades, a step-by-step loosening of the state’s betting ban allowed lotteries, bingo, off-track betting, Indian casinos and slot-machine “racinos.” Then in 2013, the state constitution was amended to allow seven non-Indian casinos. The four approved for the Southern Tier and upstate have opened. Three more, in New York City and downstate, can be licensed and built starting in a few years. Those 2013 changes also approved on-site sports gambling for casinos, a bonus that didn’t pay off until last year, when the U.S. Supreme Court struck down a ban on sports betting in most states.

With Gov. Andrew M. Cuomo …

Horseracing Integrity Act Re-introduced

WASHINGTON, D.C. — Congressman Andy Barr (R-KY) and Congressman Paul Tonko (D-NY) on Thursday reintroduced the Horseracing Integrity Act (H.R. 1754), which establishes an authority to create and implement a national uniform medication program with input from the horse industry.

“As the Representative for the Horse Capital of the World, I have the distinct honor of fighting for the future of this great American sport,” said Congressman Barr in a release. “I continue to believe the prosperity of Kentucky’s signature horseracing industry depends on national uniform medication standards and testing procedures. I am proud to reintroduce this legislation with my friend and colleague, Congressman Tonko, and I look forward to building upon the great bipartisan work we secured last Congress, including more than 100 cosponsors, to ensure the safety and integrity of this sport is preserved for years to come.”

Under existing law, the American horseracing industry labors under a diverse patchwork of conflicting and inconsistent rules governing medication policies and practices across dozens of different racing jurisdictions. According to the release, the lack of uniformity in the rules of horseracing has impaired interstate commerce and undermined the public confidence in the sport.

Here’s One Look at Free Horse Racing Data

by Rich Nilsen

In the fall of 1992 I graduated from the University of Louisville Equine Industry Program, and the following summer, the director of the program, Dr. Bob Lawrence, got me connected to Dick Broadbent, owner of Bloodstock Research Information Service, Inc.   Mr. Broadbent hired me and I soon became their Marketing Director.  Over the years this job expanded into head marketing duties for their ADWs, BrisBET.com and TsnBet.com, as well as their sister data company, Thoroughbred Sports Network (TSN).  [TSN utilized Equibase data, whereas Brisnet utilized Daily Racing Form data].

Shortly after he partnered with Beulah Park in Ohio and created the ADW BrisBET, Dick Broadbent had the genius idea of giving away complimentary past performances to customers who wagered through his new betting site.   I wish I could say it was my idea, but it wasn’t.  The concept was simple.  All the customer had to do was place a $2 bet on a given track and he or she could download the Brisnet Past Performances for free.  It was viewed as a loss leader, as BrisBET would still pay the appropriate royalty to Equibase for any and all past performances accessed.

At this time we were kicking the DRF’s butt, as we had the Brisnet Ultimate Past Performances, a product that was far superior to the original ‘Racing Form.’  Wagering sites like DrfBets.com were over a decade away from existence, and BrisBET was becoming well known and growing rapidly each year.  Wager with BrisBET and get your data for free — the data you were originally paying for.  A majority of the Brisnet data customers who resided in eligible states switched over to BrisBET for their wagering, and tons of new customers came flooding in the door…every day.

We didn’t have the astronomical marketing budget of major competitor YouBet, but we had free past performances and that carried a lot of weight.  We also had a rock-solid wagering platform, and we executed other ideas well, such as the AmericaTAB Players Pool and the Brisnet NHC online qualifiers, the first of its kind on the “world wide web.”

BrisBET continued to grow like a hot tech stock, and consequently, the company (along with its partner companies) were purchased by Churchill Downs in June of 2007 for over $80 million.  BrisBET, TsnBET, and WinTicket (the Ohio racetracks’ ADW) became the foundation for Twinspires.com, and the rest is history.

This past week Pat Cummings, Craig Bernick and the Thoroughbred Idea Foundation (TIF) put out a white paper to the industry in hopes of changing the market place by encouraging industry stakeholders to give away data in the expectation that it would lead to growth in the sport.  It was entitled “Embracing a Future with Free Racing Data.”  This is an idea that has been batted around for years but never really put down on paper and presented to the whole sport.

OTHER SPORTS DATA

Needless to say, there is a ton of free information available for other American past times such as baseball and football.  For example, within minutes I was able to pull up the complete minor league stats from the 1950s for my father’s best friend and sandlot teammate, Bob Lennon.  Born in 1928 Bob hit 64 home runs in one season in Nashville Double A, a record feat that earned him a plaque in Cooperstown, NY.   His detailed minor league and major league statistics, including fielding stats, as well as those of thousands upon thousands of obscure players are easily accessible at baseball-reference.com.

Original ledger from the 1944 Mill Basin Athletics, Brooklyn Sandlot champs

Playing fantasy football?  The plethora of free data available is also impressive.  With the growth of sports betting, the need to provide even more free data will be a necessity for companies with skin in the game.

TIF CALL TO EQUIBASE/TRACKS

According to the TIF paper: “Equibase–as a going interest of the racetracks and The Jockey Club–should eschew their interests to profit from data sales, absorbing the costs of data collection and distribution in favor of the wagering participation and the trickle-down industry benefits this would yield. In other words, the collection and distribution of racing data should be considered a marketing expense, used to attract and retain gamblers…. Equibase’s success should not be measured in terms of data sales, but in the performance of racing’s wagering markets.”

The bottom line and the reality is that Equibase, DRF, and BRIS are all in the business of selling data.  That’s their bread and butter. Unlike Twinspires.com, Equibase does not get a cut of the wagering handle.  They sell advertising and they sell data.  Equibase and their track partners earn a cut of every sale.

However, it is reasonable to consider a method to give away a fraction of that data without hurting their overall sales.  And if done properly, the ‘giveaway’ could grow overall sales and increase wagering within the sport.  That’s a win-win and what we all want to see happen.

A SAMPLE FREE PP

In an attempt to do just that and provide a visual of what could be done, I mocked up a stripped-down past performance product utilizing basic Brisnet data.

 

sample City of Light free pps

 

For those wondering, the following bits of data were altered or removed from the traditional Premium Plus Brisnet PPs:

5 past performance lines remain (5 removed)

6 workouts remain from the traditional 12 workouts

3 trainer categories remain (3 removed)

BRIS Race Shapes (too complicated for the novice)

BRIS Speed/Pace Pars removed

 

Of course, Equibase and the Daily Racing Form could give away their comparable version of the stripped-down, basic past performances. There are, no doubt, other ways to present free data and an online resource comparable to baseball-reference.com would make sense.

A few key items were removed from the PPs presented above, but in my opinion, this is a very good past performance product for a giveaway.  If a beginner player starts using this product, eventually they will gravitate towards a better product such as DRF Formulator, TimeformUS or the BRIS Ultimate Past Performances.   And that will cost them money.

 

Note: The opinions in this article are strictly those of the author and do not represent or speak for any company within the horse racing industry.

Related Articles:

Will Industry Answer Renewed Call for Free Betting Data

What Sports Betting Data Can Cost for a Commercial Business

TDN Article about Free Horse Racing Data

Cheltenham Festival: A day in the life of Paul Nicholls’ racing yard

Ditcheat, England (CNN) — It’s lunchtime at Manor Farm Stables and Clan Des Obeaux, a joint favorite for Friday’s Cheltenham Gold Cup, wants his carrot, and he wants it now.

Tall, dark and handsome, his coat glistening in the unusually warm February sun, the French-bred bay gelding pricks up his ears as Clifford Baker, the head lad, tickles his soft nose and hands him his favorite vegetable.

“He just is special, he’s won some big races,” Baker told CNN Sport at the yard in Ditcheat, a small village in the rolling hills of Somerset, England. “And you’re friendly, aren’t you? And you like carrots.”

Santa Anita To Resume Racing Soon

March 22 is the Expected Date

“It really couldn’t be any better,” Cerin said of the dirt surface. “It’s so kind, you can’t hear the horses going by and all of my riders say they’re (horses) getting a good hold of the surface. We could work horses on it right now, no question.”

ARCADIA, Calif. — Training resumed on Santa Anita’s main dirt track Monday, with horses limited to jogging and galloping while the surface is monitored for any irregularities that may have caused the deaths of 21 horses since December.

Santa Anita officials say a return to live racing is expected “in the near future.”

Track consultant Dennis Moore said “everything went well” Monday and that all the testing data supports the decision to allow limited training while racing remains suspended indefinitely.

Moore said that if all continues to go well with limited training, timed workouts could resume in the next couple of days.

The inner training track was reopened for timed workouts, with 133 horses being officially clocked for working out at distances ranging from two to six furlongs.

Trainer Vladimir Cerin …

Wow! North Carolina mulls pari-mutuel horse racing wagering bill

The bill calls for North Carolina to establish a Lottery Commission to oversee regulation of the market, as well as handle the accompanying licencing process…

The bill also sets out how 20% of all money wagered at each location would be remitted to the Commission by the licensed organisation. All winnings would be subject to standard state income tax rates.

Consumers over the age of 18 would be able to take part in pari-mutuel wagering under the regulations, but anyone associated with the new Commission would not be permitted to place bets.

Should the bill progress into law, it would come into effect from January 1, 2020.

Cheltenham Festival 2019 for dummies

Horse racing basics and key terms explained ahead of the Cheltenham Festival

What are the biggest races?

Of the 28 races at the Cheltenham Festival, 14 are classed as grade ones – the highest class of race in the sport.

Each of the four days has a main feature race, known as a championship race. They are:

Tuesday – Champion Hurdle: The most prestigious hurdle race in the sport, run over two miles.

Wednesday – The Queen Mother Champion Chase: The top prize on offer for horses running two miles over fences.

Thursday – The Stayers’ Hurdle: This three-mile hurdle race is considered slightly less prestigious than the other championship races, and the Ryanair Chase, a two-and-a-half mile run over fences on the same day, is sometimes thought of as co-headliner.

Friday – The Cheltenham Gold Cup: The Festival’s blue ribbon event, a gruelling test of stamina run over three-and-a-quarter miles over fences.

NY horse racing partnership finding success

By PAUL ANTONELLI

Recorder Sports Editor

Aaron Cotugno has been a fan of thoroughbred horse racing ever since he was old enough to walk, when his uncle, John Liggero Jr., took him and the rest of the family to Saratoga Race Course every year on Opening Day.

It was there that his uncle, who had a table on the third level of the clubhouse near the finish line for every meet, held his annual gathering with family and friends to watch the greatest horses in the world compete at the sport’s most prestigious meet.

Decades later, Cotugno, a resident of Amsterdam with his wife Nicole and two sons Carson and Spencer, is a player in the thoroughbred business, calling the shots for Take A Shot Stables — a small partnership comprised of about five or six investors in each thoroughbred. The partnership currently has three horses in training, Free Kitty, Smiles from Sadie and I’m Elmer J. Fudd.

Last Thursday, Cotugno’s group pulled off a rarity and a first for the partnership, with …

Horse Deaths at Santa Anita Spell Trouble for the Horse Racing Industry

NY Times coverage:

As the Triple Crown season approaches, the talk should be about contenders for the Kentucky Derby. Instead, dead horses and canceled races are hot topics after Santa Anita Park suspended thoroughbred racing because of a spike in fatalities that has cast doubt on the safety of its racing surface.

A filly named Lets Light the Way was euthanized on Tuesday after shattering a sesamoid bone at the ankle joint. It was the 21st horse fatality in racing or training at Santa Anita since Dec. 26. That is more than the 20 deaths that occurred over 122 racing days in 2017, according to Jockey Club data.

“The safety, health and welfare of the horses and jockeys is our top priority,” Tim Ritvo, the chief operating officer of the Stronach Group, which owns the track, said in a statement. “While we are confident further testing will confirm the soundness of the track, the decision to close is the right thing to do at this time.”

It was the second time in eight days that the historic track below the San Gabriel Mountains a few miles east of Pasadena, Calif., was shut down. The closure has forced the postponement on Saturday of the track’s signature race, the Santa Anita Handicap, which was won by the storied horse Seabiscuit in 1940, and the San Felipe Handicap, a major prep race for 3-year-olds trying to qualify for the Kentucky Derby…

The track was closed on Feb. 26 and 27 after the 2017 Breeders’ Cup Dirt Mile winner, Battle of Midway, was fatally injured during a workout. A track safety expert from the University of Kentucky, Mick Peterson, was brought in to search for possible irregularities that might explain the spike in fatalities.

He didn’t find any. Shortly after the course was reopened, however, the filly Eskenforadrink became the 20th fatality, breaking down during a race and later being euthanized…

How a young Qatari sheikh shook up the ‘Sport of Kings’

(CNN)The young Qatari royal was instantly smitten as he attended his first horse race at the home of British Flat racing in Newmarket.

It was 2010, and Sheikh Fahad bin Abdullah Al Thani was so gripped watching the historic 2,000 Guineas Classic he bought his first race horse soon after.

Together with his brothers, the now 29-year-old – the son of a former prime minister of Qatar – has become a dominant force in the “Sport of Kings.”

Their Qatar Racing is now challenging the world’s biggest racehorse operations, such as Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum’s Godolphin , and Irish billionaire John Magnier’s Coolmore outfit…