exchange wagering

‘Threats To The Integrity Of Racing’: Japanese Racing Removed From Betfair’s Exchange Platform

Wagering on horse racing in Japan has been removed from the exchange wagering platform at Betfair, according to published reports. The Japan Racing Association reportedly forced the issue, concerned that offering customers a chance to bet a horse will lose causes integrity risks. Last year, Betfair faced a similar issue with the Hong Kong Jockey […]

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Thoroughbred Idea Foundation Offers Free ‘Prop Betting’ Contests To Benefit Jockey Charities

Beginning Saturday, July 13, the Thoroughbred Idea Foundation (TIF) is launching a series of free-to-enter contests over the next eight Saturdays in which participants will answer a series of prop-style questions, similar to offerings in states with legalized sports betting. Those with the highest scores each week, and overall, will win the right to direct charitable […]

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British Tracks Want A Drone Ban, Say They Give Bettors Unfair Edge

British racecourses are pushing for authorities to keep drones out of the sky during races because the tracks say the drones’ video feeds give bettors an unfair advantage, reports the Daily Mail. Video can be transmitted from drones seconds faster than a traditional TV broadcast, and racing officials say bettors are buying those feeds for […]

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Commentary: To Fix Late Odds Shifts, Change The System

Last Saturday was a wonderful day at Belmont.  We saw great racing in great weather in a beautiful setting, and for customers there were huge pools to bet into. It was truly some of the best this sport – a sport my friend Eric Poteck calls “Gambletainment”  – offers. It had something for everyone. On […]

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Plan To Offer Exchange Wagering On Hold At Kentucky Downs

The Kentucky Horse Racing Commission will not hear a request by Kentucky Downs to offer its races on New Jersey’s betting exchange, Betfair US, at its upcoming meeting next week at the request of Kentucky Downs . According to the Daily Racing Form, the request had been removed from the agenda by the commission’s chairman, Frank Kling, who is also […]

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Report: Kentucky Downs Considers Allowing Exchange Wagering From NJ Residents

The Kentucky Horse Racing Commission’s Wagering Integrity Committee met Aug. 2 and voted to recommend approval of a plan submitted by Kentucky Downs that would allow exchange wagering from New Jersey residents. The Daily Racing Form reports that Kentucky Downs’ plan would specifically allow New Jersey customers of Betfair US to wager on the track’s races. However, […]

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The Friday Show Presented By Woodbine’s Twilight Racing Series: Arrogate At The Bat?

Every athlete has an off-day now and then, but it’s rare to see one that’s on top of the world throw a serious clunker. In this week’s episode of The Friday Show, Scott Jagow and Ray Paulick discuss what happened to Arrogate in the San Diego Handicap, plus some analysis of jockey Mike Smith’s ride […]

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Drazin ‘Confident’ Sports Betting Is In The Future Of Monmouth Park

As the curtain rises on the 2017 Monmouth Park racing season this Saturday, track officials remain optimistic about the future of the historic venue and its prominence in the world of Thoroughbred racing. “We continue our efforts to create a fan-friendly facility coupled with top-class racing in New Jersey,” said Dennis Drazin, advisor to Darby […]

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Betfair US/TVG’s Levin Sees ‘Positive Early Indicators’ In Exchange Wagering Launch In New Jersey

Earlier this year, Paddy Power Betfair, the U.K.-based gambling giant, launched its exchange wagering platform in New Jersey in partnership with Monmouth Park, making New Jersey the first state to offer the fast-paced form of wagering popular in other countries. Kip Levin, a relative newcomer to racing who was named CEO of Betfair US and […]

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