Exploiting Equestrian Races Offshore Gamblers Successfully Manipulate Betting Pools for Big Wins

Equestrianism, being the most elite sport in America, serves equestrian fanatics and horse lovers. Since its emergence in Ancient Greece, the sport has managed a special place in every elitist’s heart. With the graceful array of displays, there are some underlying problems in the Equestrian world. Random betters have been tarnishing the good name of the healthy betting market since time immemorial. While these practices are prevalent even now, equestrian authorities are trying to curb the horrors.

According to several authorities, the practice of pool manipulation seems victimless, while causing no harm to the sport. Several reports of the Thoroughbred Idea Foundation backed the bad side of pool manipulation. They claimed, saying, “Illegal Betting’s Threat to the Racing Industry.” However, one such betting incident has raised concern at Prairie Meadows’ live racing this week.

Equestrian pool manipulations raise concern

At Iowa’s Prairie Meadows, bettors have tried to catch big fish over the course of eight days, while successfully manipulating pools. On August 25(Races 5/6), September 1(Races 6/7), and September, the documenters caught the bettors in action. Interestingly, the payouts for each combination were not updated until the race was underway. The bets were placed in the last cycle. One incident of September 1 raised a need for examination.

Journeyman Ken Tohill was riding #2 Hoping John, who finished fifth in a six-horse field when sent postward at 10-1. Clearly, with the recent incidents of Prairie Meadows combined, there is a staggering difference in the amount. The average of all other double pools on those three race cards was just over $1,570. Whereas, the average handle of the three double pools which were manipulated was over $4,950.

TIF’s executive director Cunning expressed doubts regarding the reasonability of the betting practices. According to Paulickreport Cunning, “These incidents at Prairie Meadows have all the hallmarks of pool manipulation based on TIF’s multi-year focus and every time they occur, it calls into question the outcomes of the races involved.” He further added that a multitude of pool manipulation incidents have happened over the years.

However, the administrator has declared a new adjustment of limiting betting into certain pools, while refraining from the possible financial crime. Recent council reports have confirmed that dramatic bets and new bettors can cause a ruckus in the existing betting market. Moreover, the confusion can also diminish people’s interest in the sport. A betting incident from 2022 remains notable even now.

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An illegal betting at the Gulfstream Park demanded swift action

The first race at Gulfstream Park on November 11 screamed quick action. In a manipulation of the quinella pool, a bettor had sacrificed approximately $18,000. The quinella pool, out of all the pools, averaged just more than $4100, across the 8 races on the 11/11 card. Miss Grand Slam, who finished fourth in the race, made the big bettors lose.

Counting on Miss Grand Slam was a longshot, considering her juvenile career. Glass Star won the race by 11-10, especially, raised confusion among horseplays and race trackers. Interestingly, the $2 quinella returned $42.40, whereas, the $2 exacta returned $18.60. Several questions were raised in the Equestrian world after this incident.

Importantly, the size of the quinella pool and betting money on a far-fetched option screamed pool manipulation. On several occasions the horrors unveil, placing bets late into the pools. Hence, destroying the reputation of the sport.

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