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The company was founded by Harry L. Straus, a computer engineer from Baltimore, who became interested in developing a fairer system of calculating and displaying odds and payouts on parimutuel betting after an incident at a Maryland racetrack in 1927. When a horse listed at 12:1 odds won, but paid off at 4:1, Straus recognized the need for a ...
The database has three objectives: 1) to identify the frequency, type, and outcome of horse racing injuries using a standardized format that will generate valid composite statistics; 2) identify markers for horses at increased risk of injury; and 3) to serve as a data source for research directed at improving safety and preventing injuries. [20]
Behind the betting windows at Ascot racetrack, Australia February 1939. An automatic totalisator is a device to add up the bets in a pari-mutuel betting system. The whole of the pot (the stakes on all competitors) is divided pro rata to the stakes placed on the winning competitor, and those tickets are paid out.
Some horse racing betting systems can be based on pure statistical analysis of the odds, while others also analyze physical factors (e.g. the horses' form, jockey form and lane draw). Common forms of betting systems for horse racing are: hedging - betting on multiple outcomes in a race; arbitrage - lay the horse a low price and back it at a ...
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The 2002 Breeders' Cup betting scandal was an incident that arose when computer programmer Chris Harn conspired with two friends, Derrick Davis and Glen DaSilva, to manipulate bets in the 2002 Breeders' Cup, held at Arlington Park in Arlington Heights, Illinois.
Keeneland’s Spring Meet came to a close Friday evening after 15 days of racing over 23 days. Keeneland’s 2023 Spring Meet ends with most horse deaths at the Lexington track since 2019 Skip to ...
Blew like a north wind: Said about a horse whose odds have lengthened dramatically during the course of betting. Blinkers: A cup-shaped device used to limit a horse's vision during a race and improve concentration. [1] Bloused: To be caught on the line or defeated in a photo finish. Blow: When the odds of a horse increase during betting. [6]