Posts Tagged "horse racing"

Injuries set to end Coneygree career

Injuries set to end Coneygree career

Coneygree has been faced by a series of injuries that will prove costly to his carrer. The Cheltenham Gold Cup Hero is set to be a notable absentee during the William King George VI Chase to be held at Kempton. Furthermore, his injuries will prove costly as he may not be in a position of defending his title at Festival scheduled for March. It is not yet clear on the right time that the eight year old will resume the course. Whether this season or next season.

Coneygree was hit by an injury on Wednesday which prompted Sara Brandstock who is the wife of trainer Mark, taking him for further diagnosis. She later claimed that Coneygree will soon be back to the field but was adamant to reveal if the injuries may threaten his career or the season.

Coneygree has had several backslides which are as a result of injuries. Apparently, he picked an injury at Sandown which made him miss the Hennessy Gold Cup last month. He later returned in a 25 winning streak which showed a potential scoop of the King George. Nonetheless, his injury has curtailed all the hopes of winning the race.

His absence means Don Cossack is favorite for King George by 9-4 while Vautour lies second with 3-1. Cue Card is third on 7-2. Cue Card has been tipped as the dominant horse in Cheltenham Gold Cup with Djakadam, Don Poli, Vautour and Don Cossack following the suite. Missing of Coneygree at the Kempton will incorporate other suggestions especially the incorporation of the Smad Place; the winner of Hennessy.

The ante-post Gold Cup market in Betfair exchange had to be deferred following the news of Coneygree injuries. Before this suspension, he was 33-1 to win the championship race.

At the same time, Betway are refunding all bets placed on Coneygree. Boylesport on the other hand is refunding all single bets on Coneygree of stakes £50 or £25 on King George, Lexus Chase as well as Gold Cup placed on free bets.

The eradication of Coneygree in betting for the Gold Cup means that Vautour, Don Poli, Djakadam and Don Cossack remain on 5-1 mark favorites.

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Frankie Dettori eager to scoop it with Golden Horn

Frankie Dettori eager to scoop it with Golden Horn

Dettori landed at the Lexington Blue Grass Airport on Tuesday with one major aim of winning the anticipated event. First he paid his riding horse at the Keeneland training centre. The Italian claimed that he was focused on the upcoming Saturday a mile-and-a-half race that would be a farewell for Coral-Eclipse, Investec Derby, Irish Champion Stakes and Prix de l’Arc de Triomphe winner.

He has been playing a mind game in his rail’s gate stand as well as the fundamental well-being and eradication of any pressure during his stay in Kentucky. While alighting from the plane, he jokingly asked the reporters to spare him any pressure for he had just landed.

He added that despite landing that morning, he took his time to visit the track and check on the Golden Horn. He claimed that his new ride looked amazing and each individual was happy to see them getting along together.

He was asked about the vulnerability of Golden Horn in different weather conditions but claimed that the weather would not be an excuse or a hindrance in the race as the two will be putting extra effort to win the race in any condition of the day. This comes after the weather man claimed that it would persist raining during the race day.

He added that he was great to arrive early so that he can be in a position of training in the rain before the race day which is presumed to have a rainy day. He continued to say that the event will take a week and after this he assumes to take a break and a holiday with his family of whom he hasn’t spent more time this year.

Dettori has a tight schedule with five fides for Wesley Ward in a span of three days. He will also partner with the trainer’s horse during the Polytrack. He elaborated this by saying that on Thursday he will take two rides for Wesley with three races on the Breeders Cup which will include one at the Turf Sprint. He wished that it would be a glorious moments to ride with her.

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British Racing groups fights off bookmaker race sponsorship

British Racing groups fights off bookmaker race sponsorship

Racing heads with the leadership of British Horseracing Authority (BHA) have joined hands with the aim of eradicating the issue of bookmakers sponsoring racing events, tracks as well as festivals. The effect will come to be not unless these bookmakers pay levy contributions. This move was processed by the Arena racing Group (ARC) and the Jockey Club who have ditched the bookies since they have not been meeting their levy principles.

The enforcing of the levy acts has been attributed by the fact that a report by BHA has indicated a total loss of £30 million every year by the British Racing which equals to the tax payments. The report also indicated that there is a high possibility of racing contributions by bookmaker from £105 million in 2004/04 to £53 million in 2017.

Chief Executive of the BHA Nick Rust claimed that British racing has been according millions of people with much needed fun, created over 85,000 jobs as well as incorporating £3.4 billion to the economy. However, the reluctant of Horse Betting levy system to fund them from the incomes generated from the

The BHA claimed that those bookmakers who have contributed their levy share have been accorded with UK Racing’s ‘Authorized Betting Partners’. They include Betfair, bet365 and 32Red. The bodies have decided on holding the move up to the 31st day of December where they hope to have come up with a substantial solution. All deals conducted at this period will be respected but won’t be reintroduced at any given time.

Chairman of the Racecourse Association Maggie Carver claimed that the RCA and other associates in the racing and betting platforms are working in order to come up with a Racing Right. Time will be accrued for the well-being of their relationship in spite of the Government welcoming the commitment strategy.

He continued to add that the RCA and its associates have for long appreciatedthe marketablerelations with stakeholders from betting operators. Nonetheless, it would be fair if there is integrity and fair rendering of levies for the benefit of each stakeholder. The ARC and Jockey Club Racecourses have shown the right procedure to undertake in such a scenario.

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Fantasy sport regulation called in by a Mexican group

Fantasy sport regulation called in by a Mexican group

Calls from the New Mexico Council on Problem Gambling have requested for the closure of fantasy sports sites like FanDuel and DraftKings. The group claimed that there are online operational licenses that the two firms have to acquire for the group to end the protest. The executive director of the group Kandice Blanchard was the first to commend the eradication of fantasy sports in Nevada while group’s therapist Dr. John Rinaldi claimed that the two sites have to get a betting license since they resembles any other betting sport such as horse racing.

Rinaldi claimed that the outcome of a horse race depends heavily on the bettor’s research and knowledge on his horse. It also relies on the previous performance in past events. The two are fundamental in winning or losing. The same case applies to fantasy betting where skill is used and this brings no difference with horse racing. Hence, fantasy sports can be classified as any other form of betting.

He continued to claim that despite it being new in the market, fantasy sport like any other betting is also very addictive. Clients may not be attracted to it that much at this period but with time, the addictive outcome will be evident.

A number of States with New Mexico included have yet to classify fantasy sports as betting since there was a law which was passed by the Congress in 2006. This Unlawful Internet Gambling Enforcement Act has provided a shadow to hide in to FanDuel and DraftKings as they argue the game is based on personal skills unlike kismet.

JD Oltman in Las Cruces told KFOX14 that fantasy sports can incorporate both luck and skills. One has to have analyzed information on a player intended to select as well as the historical background of the team they are playing against.

This was the exact point that was brought forward by Kyng Diego who said that a win is only guaranteed to the person who undertakes a thorough research on the players playing on a particular day.

Rinaldi has faith in the review of the matter by lawmakers who are to converge in winter. On the other hand, the New Mexico Problem Gambling will accord assistance to betting addicts.

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How Horse Racing has Evolved

How Horse Racing has Evolved

Red Mile has seen the incorporation of 902 slots machine for horse racing. The facility is claimed to have incurred a total cost of $42 million as it was renovated after its 140 years of existence. The facility has been ever busy since it was opened on the 12th day of September and everyday it sees many clients; old and young, black and white. The new racing house doesn’t incorporate horse as it can be noticed from the inside.

Once in, one pays the deskman a visit from where he or she is issued with a $5 voucher and chooses his slot machine. From the slot machines, images of horse racing come to being and it is from this point that one realizes that indeed the Evolution of Horse racing is imminent.

There is one major different between these machines and slot machines. Unlike slot machines, the evolving horse racing machines have the pari-mutual betting where victors are selected from the results of over 1000 past horse races but not selected by arbitrary number of generators.

Once at the slot machine, player chooses the preferred numbers of the top three finish horses. This can be made easier by analyzing previous performance of certain horses, their riders as well as trainers.

However, the introduction of horse racing revolution has faced several criticisms with the Family Foundation an activist group filling a case at the Franklin Circuit Court on the matter. Nonetheless, the complexity of the case may take a longer time than expected. The activist group has questioned the eligibility of whether the pari-mutual betting despite it being allowed by the law in Kentucky.

Nonetheless, the tracks have no worry on the matter as it is clear that the case would take more time before the final verdict is made and by then, the investment company would have recovered all the input capital. It would not be possible for the government to lose the source of taxes as well as firing over 200 employees in Red Mile.

Gambling is good when conducted responsively. Many have claimed that having vast betting revenue is crucial in the survival world of racing industry. Nevertheless it has been evident in other states that politicians get fed up once the flow of the expanded betting is initiated.

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