Someone can buy a Seat in the Exchange. But it doesn\'t get them a Special Deal. If you know someone you can probably get in on an IPO but if the IPO was over priced the Stock would go down once it\'s Trading. Unlikely because people want it to be successful. So comparing that to Horse Racing did you get a Deal? Well you will know in about 10 minutes when the IPO hits the Market or the Race is run.

No one is buying a Deal. And there is a Regulatory Body called the Securities and Exchange Commission. Market manipulators are watched. Insiders are Tracked. There is no such thing or a similar regulatory body surrounding Racing.

A Company can not price their IPO lower for one group of buyers because they favor them versus another. It\'s Illegal as hell.

Also if the Participants in the stock market are attempting to manipulate a particular security the SEC can fine and bar them. Or even Jail them

Anyone owns more than 5% of an individual security must file a Schedule 13(d) with the Exchange. Disclosure. Same potential penalty. Fined. Barred. Jailed. Who reports how much one group of Parties control in the wagering pools.

Also Insiders who have Conflicts of Interest are required to Report their individual stock purchases. If not totally barred from doing so. And sometimes they are required to do so. Skin in the game of the Company. But they are required to report it.

Nobody in Pari Mutual Wagering is required to do anything other than Report the handle and pay their taxes.

Terrible example. Sorry. If I buy a $100 Stock I don\'t get $2 off for a volume discount. It is not a Free Market Pool for all participants if that is the case.

When I place a wager I am not buying someone else\'s Pari Mutual ticket like with Stocks. If I wager on a 10-1 Shot I don\'t get 10-1 guaranteed. I get nothing if my wager loses. And at the current rate in racing you get might a little more than nothing if your supposed 10-1 shot wins. Because another market participant pounded that down to 9-5 after the gate opened.

There is a also a Regulator called the Securities and Exchange Commission. Who regulates horse racing wagering pools? Mic Drop.....

Well I am not going to litigate this with someone who obviously knows what he is talking about. But it does put the Tracks in the unenviable spot of \"we are against the Regular Customer and for the CAW Syndicate\" if they request it be dismissed and then move on.

And then yes it boomerangs back around to the Regular Customer who must say \"They don\'t care about me so why am I doing this.\" I can walk away in 5 seconds. And once the word and reputation gets around that the game is rigged and fixed against the \"little guy\" others will too.

I am self editing because when I said \"once the word gets around\" this is all over other forms of Social Media. Sure the DRF and Bloodhorse are not going to talk about it. Even in some type of Editorial Commentary. Its bad for business. But we don\'t live in that vacuum anymore. The CD Stock is down 33% YTD. A recent Share Buyback announcement created a small bounce. Shorts shy away. But they will come back. I would venture that valuations are down across the Board. And the cohesive turnaround plans and solutions are what......

The \"Corporate Hoodlums\" of the game who are \"The Masterminds\" of this scheme should probably hire some good Lawyers R.I.C.O carries 20 years. Price Fixing 10. And Anti Trust protection extends only to the Big Pro Sports. MLB.NFL.NBA.  

Paulick said a potential compromise being mentioned is to cut off the CAW access to Pools after the 1st horse loads. With 5 horse fields and then Track Mgmt begins telling the Gate Crew now \"double load\" well that will do nothing.

No one wants to see anyone in handcuffs. Accountability and Equal Protections for all market participants is the Goal. And then a cohesive plan on how to grow to game now that slots have surged purses. Right now it\'s a Globalist Free for All....

https://x.com/racetrackandy/status/1990053693832794450?s=42

Same applies for me. I am a Certified Public Accountant but no longer practice . Just do internal finance and consulting. However I always have and always will abide by Rules and Laws and Ethics. It\'s not even a question of \"Do I or Don\'t I\" for me!!

Racing in a PATHETIC desperation move for probably survival has embraced and gone into Partneships with some of the most Corrupt and Unethical Groups in the Gambling Sports World. They have deep pockets to survive loses and shallow ethical standards and values. They have sophisticated tools and are Street Smart. The latter the game knows nothing about. They sold their souls and our Sport to the Devil and there is no turning back unfortunately

When the Principals are running cover for them. The only variable is time. Or perhaps the time is already here. And keep in mind Gangsters wear Suits too....

https://www.espn.com/college-sports/story/_/id/46957471/14-arrested-mafia-backed-betting-ring-involving-athletes

So there were some fun stories told about excerpts from the Billy Walters book that were a tab funny and sort of a \"No way\" eye roll and head shake. About a High Profile Pro Golfer sending $100K bets in on NBA Games he knows nothing about while he is in the middle of a tournament at Pebble Beach. About a Tank Sized ex NFL Super Bowl Winning Offensive Lineman sitting in the high profile chair at the High Roller table at an Atlantic City Roulette Table when they (the House) thought it was good for business but he was really a Trojan Horse.  

But there were other stories half told or for those who know a little more you don\'t really want to know. Before online Betting was spread Nationwide. Before every casino had a Sports Book a lot of those bets had to place via Books in New York, Pittsburgh, Chicago, Detroit etc etc. Odds shopping was the norm.

Shady Characters were part of the Team and if somebody got out of line, skimmed, didnt pay, or just plain lied a Discipline Team was sent to the field. You know, Whitey Bulger style. Baseball Bats, a little rope, some duct table. This is no joke. Is this who Racing wants to Partner with? Groups that once they see there is maybe $100,000,000 of large and average player money swirling around in the Pools over a 90-180 day period. Money that they can take all for themselves?

Now we are introducing the Worlds Best Cyber Hackers. Expert Voucher Counterfeiters. Slight of hand artists, etc etc But the visionary\'s of racing are smarter than all this....or so they think. They have Vegas style internal controls and surveillance in place? You\'re an idiot if you believe that. When Jorge Navarro ships in Sharp Azteca to blow away the field on Derby Day in the Pat Day Mile and later go to Saratoga and have Shanzalot crush another field from the 13 hole in the Amsterdam at 6/5 off a 1X allowance win. Racing didnt catch this guy the Feds did. When a snitch, snitched on a snitch after he decided to save his own skin from something else. Racing didn\'t have a clue or looked the other way.

If the Racing people want to convince everyone that none of these type of people are controlling the Pools after Tracks GAVE THEM A REBATE DISCOUNT, then release their names. Are they Horse Owners, Track Board members, Advisory Members? No Conflicts of Interest there. The Sport of Kings has been turned into The Sport of CLOWNS. They are spiraling the Sport down the drain. A game many of us grew up with and loved. There is NO TRANSPARENCY and proper controls. The guys I previously mentioned are smarter than them. They just dont want to admit it, Well guess what just like our gut instincts tell us the \"I think the 4 is Live, those same gut instincts are telling us the game is dirty and getting dirtier until changes are made...

One of the primary areas of emphasis for the Group was discipline. If their system pointed to a particular game and a bet runner was sent out to make the bet at say Dallas minus 3 and he came back and said it moved to 3.5 and I got us down. That Bet Runner would need good health insurance and or a prepaid funeral. They knew their method worked and they stuck to. Giving away a half a point here or there because they needed some action didnt happen. Teasers were like the plague.

Did they always win every game every bet? NO!! Case in point the Coin Toss example. Pittsburgh won the Toss and TOOK THE BALL. Okaaaay, Then Hines Ward catches a pass and converts a 3rd and 20. Steelers kick a FG, down $55K five minutes into the game. Ten seconds to go in the half Arizona is up 3 and on the 2 yard line, 3rd and goal and getting 2.5 for the First Half spread. A Cinch right? Not so fast. Steeler DE James Harrison catches a tipped pass and breaks like 8 tackles and runs it back a 100 yards for a touchdown as the half expires. The Walters group had $700,000 on Arizona plus 2.5.... They had Arizona plus the points for the game and ended up covering their $1.5M Bet and net profit for the game. Turn the page its full tilt College Basketball Season now. Mickelson calls in to find out what the days plays are and after hearing them wants some action on his Picks. They never told anyone anything early because people would talk. Walters discouraged this type of thing but Phil was Phil. He ended up losing $450,000 on Pro and College games that Saturday and proceeded to go out on Sunday and shoot 65 BLOWING AWAY Tiger Woods and the rest of the field at AT&T Pebble Beach. As Billy said \"there is a dude who can compartmentalize.\"

The CAW\'s are \"The Terminator\" and have been cut loose by the Tracks on the Average Fan. As Reese said \"they absolutely will not stop ....ever, until you are dead.\" If you had a speed figure program, a wagering mechanism and a CAW percentage rebate that gave you an edge no one else on the Planet had, would you feel bad if you and your group, over a 5 or 6 year period cleaned out the game for $50,000,000 and crippled it for good? Be honest. I know how I feel. You let us do it. So I did.

As Kyle Reese later said, \"No one goes home, it just me and him.\" And in the end The Terminator took out Kyle. That is what the Tracks have put us up against with steel hand extending for your necks.

Great points but I am not sure I understand what you mean by \"deliberate losing\".

Did anyone ever stop to think they might have a handle minimum? There were 3 massive win bets at Keeneland $140,000 or more. They came in early and none of them won. Two didnt even hit the Board. Hedged wagers in other Pools could have been made to cover things. Just a thought....

I wanted to follow up on an example I describe in my previous post about a play that Billy Walters described in his book in the Super Bowl between Arizona and Pittsburgh. His Team had studied every coin toss selection Pittsburgh had made that season and found and that whenever Pittsburgh won the toss they deferred. Arizona had won the Toss like 11 times and on like 7 occasions they took the ball. They determined this was a massive percentage swing in favor of Arizona scoring first no matter who won the toss. Because in all likelihood they would get the ball first. They had a minimum of $50K on this play. Did Billy himself walk into MGM and drop a briefcase with $50K and make the bet. NO!!! They had multiple runners who were making smaller individual bets and who had been coached to \"I want to bet\" instead of \"WE want to bet\". Avoiding the \"who is we\" question.

Roulette story. The percentages in Roulette are something like 52.5% in favor of the house 47.5% for the Player. Red/Black. Odd/Even doesn\'t matter. There is a 0 and a 00. House advantage. They thought they had detected worn down edges on an Atlantic City Wheel. Players were put at the table to play all day and stick to their plan of certain numbers. Ex NFL KC Chiefs OL Mo Moorman from Louisville (my hometown and I knew Mo on a hello  Mr Moorman basis because he was a Member at my Family\'s golf club) was one such player. Walters himself could not do it. Mo was a guy who if you got on the first tee and said lets play for $5K a hole he would say lets make it $10K. And presses are automatic. He had made tens of Millions with a Budweiser Distributorship and found the Golden Goose when Corona came along. Some days they won a little some days they lost. No Card Counter wins every hand. It is a grind until the odds swing to you and that\'s what happened with the Roulette Wheel. They eventually cleaned the House for several million and it was time to move on.

Now what does this have to with CAW? In both examples I gave it was THEM versus the HOUSE. With CAW its them versus US!! The Tracks have given them a Rebate Discount. The percentage advantage is in their favor. The Tracks need their wagering volume. They have sold out the average player for the CAW and the CAW knows they only have to beat a group that doesn\'t have the same percentage advantages and most likely the capital. They don\'t have to beat them every race but grind them up over time and move on to the next score. Like the Roulette Wheel. And then what\'s left of the Sport?

We have really smart people on here like Fairmount who has tons of data but guess what they do to. And they have computer programs and algorithms. The same things Walters used for their NFL action. Along with their own Power Rating System. If the Spread was 3.5 for next Sundays game and their system said it should be 6.5 bet runners would be fanned out accordingly mid week. Their system worked and it is why so many people wanted in.

And this is who now controls the Horse Racing Pools. Billy partnered with a lot of people who also could help him from golfer Phil Mickelson, golfer Jim Colbert (they did course developments together), Hedge Fund legend Carl Ichan and the Hooker addicted and gambling addicted CEO of Dean Foods who brought him down in an Insider Trading deal. Billy did his time and is out. Is he in a CAW? He wouldn\'t tell anyone if he was. He doesn\'t need the money and might not need the hassle. But for a nice consulting fee.....

The game has sold its soul to these guys and they are Pros and have major deep pockets. MAJOR!!! I will be pulling back and will probably only play 4 more times between now and year end and my wagering will be contained. 2026 is TBD. The Game better come up with serious changes, transparency and reforms. Right now I will let the Sharks compete against the Sharks and Pidgeon\'s ....

6 straight wins in a Money Line parlay is significant. It wasnt 6 straight against the Raiders. You said it yourself.

Always may have been an exaggeration. If its 60% of the time that\'s enough for a professional group like the one Billy Walters described in his Book. They played Coin Toss Selection tendencies. As in do they take the ball or defer. Amd who scores first. He claimed they had $50K maybe $100K on that Parlay in the Super Bowl with Arizona and Pittsburgh

And NFL Official could call holding on every play. A Breeders Cup Vet is he watching every horse warm up stride for stride. No he can\'t. And if he is just watching certain Trainers and Connections that is a serious problem. Kenny runs them sound and Mystik Dan if that is the last race of his career should not be remembered as \"lame and unsound\" because a Hometown Vet said he was. Horse Racing is becoming unbettable.

So are to the point where we need to start handicapping the Vets? Ask anyone who is a Professional Gambler that is part of a heavy wagering syndicate and bets Pro Football.

The Kansas City Chiefs had never lost a game where Clay Martin was Lead Official. Certain NBA Refs the game almost always goes OVER. They call more Fouls. Professionals study this. If one Vet eyeballs more scratches than the others then that\'s important info if you are playing multi race wagers. While some of this sounds ridiculous that is where we are at. NO ONE KNOWS the standards or the rules. Its one mysterious mans judgement.....

Here is some of what I know. The Ownership group for WA took all the info they had including scans, tests, records supporting the runners physical condition. Their argument in the saga.

Apparently there was more back and forth throughout the week. 5 minutes before they go into the gate a Vet on Horseback on the Track declares him OUT. A certain Trainer runs 1-2 after two highly competitive runners had been ordered scratched.  

The time of 1:34:7 was good but not great. Nysos barely got by a horse, winning by a scant nose, after the other one had run an opening quarter in 21:74. Syclla went her mile in 1:35.29. She still had to go another 1/8th.

Both those 1-2 finishers were beatable. But not if you are pulled from the race. Because of the late scratch all tickets in the Pick 6 Pool default to the clear favorite. One race later a 10-1 shot comes in and the Pick 6 pays $83,000 for a $1. Stud Fee commercials are already being filmed for both those Dirt Mile 1-2 Finishers.

Pittsburg Phil just gave a thumbs up from his grave. LT Columbo has been banned from the grounds....

Regulatory/Official Veterinarians are employed or contracted by the California Horse Racing Board (CHRB), a state agency, to ensure compliance with safety and integrity regulations. The CHRB also contracts with the University of California, Davis, to provide an Equine Medical Director.

The veterinarians for the Breeders\' Cup are hired through a collaboration of several organizations, primarily the Breeders\' Cup Limited (BCL), the host state\'s racing commission (the California Horse Racing Board (CHRB) for the 2025 event at Del Mar), the Horseracing Integrity and Safety Authority (HISA), and the host track (the Del Mar Thoroughbred Club for 2025).

#facts

BTW dont know if its 100% but one of the Plaintiffs in the recent Case Filed said there may he aome news on the CAW soon. Fans are SCREAMING mad