Amidst calls for technological upgrades to our antiquated tote system and better monitoring of wagering pools, the Association of Racing Commissioners International kicked off its annual meeting in Lexington on Tuesday.
Just 24 hours later we had another real life example of why the industry needs to take action on the issue. On Wednesday at New York City Off-Track Betting, $2 bets processed through AmTote were deposited into wagering pools as $200 bets.
The mistake affected pools at Aqueduct, Golden Gate Fields, Gulfstream Park, Indiana Downs, Keeneland Race Course, and Tampa Bay Downs. (story)
The horse racing industry made a lot of recommendations and promises to improve tote security in the aftermath of the Fix Six scandal at the Breeders' Cup in 2002, when an Autotote employee exploited non-existent security measures and delays in the bet processing system to alter losing tickets into winners.
What has really changed since then? Not nearly enough.
A few states have taken up the issue (story), but it's arguable whether any of the objectives in this memo from the National Thoroughbred Racing Association have been fully achieved.
I think the following quote from John Sabini, chairman of the New York State Racing & Wagering Board, may sum up a big part of the problem.
"They were going on and on about how no stone is left unturned to protect the tribes and protect the casinos, to make sure the casino companies don't lose a nickel, lock-down security," Sabini told Thoroughbred Times senior writer Frank Angst at a gaming conference last year.
"Then I come to horse racing, I'm new to this, and ... You hear a lot of, 'It can't really be done right.' And it dawned on me that the difference between the two is if you steal from a casino, you're stealing the casino's money. If you steal from a pari-mutuel pool, most of the time it's the bettors' money. So there's less of an urgency to it."
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