Breeders cup betting challenge rules for baseball
What Maloney knew, for certain, is that if the mechanism to stop betting at the host track and all other simulcast and online sites was being used, it was not always functioning correctly. Stewards at tracks are provided a mechanism to close the betting pools for a race under their supervision. Maloney noticed that the act of closing the pools was replicated in individual betting terminals with an audible notification to live tellers. I began to listen for the beep.
In the vast majority of races, it came at the proper time. The gates would open, within two seconds I would hear the beep, and I knew the race was properly closed. Golden Gate was really bad about it. Aqueduct was really bad about it. The Florida tracks had issues. As I watched this, I no longer suspected that past-posting was possible, I knew with certainty it could happen. They were more interested in investigating me.
Despite regular pleading with some officials, very few believed it was happening and said they did not have actual proof. I thought that would be enough for those in charge to realize that there was a real problem with the tote systems and that now it could get fixed.
Then I hoped to see the California Horse Racing Board, since it regulates all wagering and racing in the state, issue a press release regarding a potential investigation. Wagering on the race at 33 locations had not been closed properly, enabling patrons there to continue betting on the race even after the results were known.
Tote officials recognized the issue and did not honor winning bets placed at the 33 locations for the race, though they never raised the issue to the public, until Maloney blew the whistle. Many horseplayers recall the incidents and remain concerned about past-posting, though tote experts, who wished to remain unnamed, told TIF that the specific issues Maloney identified about past-posting were rectified.
While he backed away from the fight in , as Maloney explains in the book, he remains steadfast to this day that the wagering systems for American racing still lack some of the basic security provisions they need. This document contains the requirements for North American pari-mutuel wagering operators and bet-takers, and is supposed to be adhered-to by members.
In its most recent update, the document included an adjustment to the requirements of the stop wagering device. The primary device is in the possession of the stewards overseeing the race itself. The betting infrastructure is ancient. How can a reasonable observer look at what we have in place and not think it is in need of monumental upgrades to protect honest customers? But that does not seem to be the case.
Instead, while other gambling technologies continue improving over time, tote technology seems to remain much the same. Instead of submitting the full details of every superfecta bet to the host track as it is placed, the remote bet taker only communicates to the host track the dollar amount of superfecta bets they have taken before the race begins. Once the race is run and order of finish confirmed, then the host track requests that the remote betting sites provide detail on how many winning superfecta tickets should be paid to them.
There may be a plethora of reasonable explanations, but none have ever been provided. Keep in mind that the one entity which exists in this capacity, the TRPB, is a wholly owned subsidiary of a consortium of racetracks. The lack of oversight is a flashing red light to both existing and new racing fans.
In our next installment, we will look at other racing jurisdictions which are tackling these topics and seeking to keep pace with the ever-changing world. PART 7 — Z Transparent oversight of racing has been defunded over decades and customer protection remains weak. North American Thoroughbred racing in the s is saddled with a regulatory infrastructure designed for a sport in the s. Racing has to change. Simply getting more eyes on racing is not going to be enough to sustain interest amongst future generations.
What brands say and do should demonstrate this dedication — showing that the satisfaction and happiness of their customers is of utmost importance. Trust is also paramount in relationships, and brand relationships are no exception. Authenticity, transparency and two-way dialogue with consumers are essential.
Jennifer Durenberger, Jockey Club Steward at the New York Racing Association, has served as both a regulator and regulatory veterinarian, among many other roles across racing. Sports betting customers in America generally have confidence in the betting systems and oversight of major sports for which wagering is accepted.
Nearly all of those states are currently accepting bets at present while others will launch soon. While American horse racing is a laggard, others in the racing world are staying relevant and accomplishing this far better. Two other major racing jurisdictions — Australia and Great Britain — have aggressively promoted racing and wagering integrity during the same two decades present while America has floundered on such issues. The British Horseracing Authority BHA has been a leader in monitoring wagering as a key component of its integrity services.
Australia, which operates a state-by-state regulatory system similar in basic structure to America, has created independent statutory authorities to enhance integrity across all facets of racing. Communication around such incidents is routine. History demonstrates otherwise. But compared with international counterparts, North American racetrack operators and regulators do far less to watch guard on their own sport.
Australia, Great Britain and Hong Kong serve as examples with greater controls on the oversight of wagering, no matter the channel. While in Hong Kong the only legal market is pari-mutuel and operated by the Hong Kong Jockey Club, Australia and Great Britain have incredibly diverse wagering markets. That total dwarfs U. One difference, racing information is incredibly detailed and free, provided by the HKJC.
Another, they take the policing of racing seriously. Alerts are run on a wide range of performance outcomes and are based upon the structure of the betting alerts. On its website , the BHA describes the role of its integrity team both in advance of racing and working with officials during the race day.
There is little comparable at North American racetracks. Racing Victoria also has betting analysts working as part of their overall integrity team, in regular contact with stewards at racecourses, providing information that could be helpful in policing the sport. Each jurisdiction has: - Dedicated betting analysis teams, - Human assessment supported by automated systems, - Real-time monitoring and assessment, - Licensed betting operators in well-regulated environments which provide useful data.
If these elements are present in North American racing, no one sees or feels their impact. Bet monitoring and systems to flag suspicious bets, developed by the betting companies themselves, have featured in many of them. In one example, jockey Darren Egan was suspended for 12 years in for incidents where Egan did not ride horses on their full merit, in conspiracy with bettor Philip Langford, who paid Egan to stop the horses from winning.
Betting operators shared information with the BHA crucial to the investigation. The full BHA report is here. More recently, the Irish case of trainer Charles Byrnes combined a series of nefarious actions which fleeced bettors, endangered other horses and jockeys and brought another cloud over the sport.
But the case itself was made because of the collaborative relationship between regulators and betting operators. Furthermore, information sharing between betting operators and regulators confirmed unusual wagering activity on Viking Hoard to lose. The Tribunal was also informed that the controlling person behind the company was an individual based in a third jurisdiction and was said to be associated with match fixing and associated betting in connection with other sports. The damage was financial in the case of affected punters, and reputational in the case of the racing industry.
This case illustrates the specific and additional challenges and dangers to the integrity of racing posed by the widespread ability to back horses to lose races for significant returns. Regardless, racing regulators and stakeholders across the sport must be attentive to the threats posed from ANY wagering market on its races. According to the International Betting Integrity Association IBIA , a consortium of mostly European-based bookmakers, suspicious alerts were generated across all sports by their monitoring platform in As for the specific details, no more information could be shared due to data protection requirements.
The suspicious activity originated with customers outside of America whose bets were regulated by a well-respected, international gambling regulator. The suspicious activity was reported to this regulator at the time of the relevant races. However, the IBIA does not have information-sharing relationships with any North American racing jurisdictions, and up until now, their betting operators had not generated any alerts on U.
We do have relationships with other American sports authorities, so it would not be unusual for us to reach out to an American entity and provide information. The IBIA noted that unusual betting patterns alone do not generate suspicious betting alerts.
This goes well beyond just an unusual betting pattern or unexpected price movement. There is a process in place to getting to the alerts we issued in , which is much less than the total number of incidents which were reviewed.
We take very seriously the business of declaring an alert. They are betting a lot of money. It sells North American track signals to international sites, along with a variety of services to bookmakers, including data. Under the radar, American racing is doing big business with mostly European customers to enable fixed odds betting. But over the long term, the foreign fixed-odds business on American racing continues to grow. Lay betting on American racing — that is betting on a horse to lose — is also available via exchanges like Betfair.
As referenced in previous installments, the monitoring of wagering in foreign jurisdictions has traditionally identified suspicious activity on such exchanges. If North America is doing this, they are doing so without any public acknowledgement. Measures to monitor legal, gray and illegal markets were key in their actions against jockey Nash Rawiller, leading to a month ban and his expulsion from riding there.
We can use the data we find to be more specific in investigations and we identified this as a significant case. The analysis we do of markets, both legal and those overseas, helped us identify a pattern. We had sufficient evidence we could start the investigation. How can American regulators police illegal markets if it has negligible control over the legal market? The enormity of the challenge should not render it unconquerable. Americans are betting through unregulated operators beyond its shores.
While some of these platforms may be licensed by some jurisdiction, they are not legal for Americans to transfer and receive funds and they do not share information with regulators about incidents which may threaten the integrity of racing. These sites exist not only because they enrich those who run them, but in some cases, for more nefarious reasons. Regardless, they offer customers opportunities to wager in relative anonymity beyond the reach of regulators.
Several prominent American horse owners have boasted about their play through such channels. Another illicit betting platform is using familiar, credentialed racing writers to create unique content in the hopes of attracting more Americans to wager. At one point in time, there was hope that America could learn more about international markets which were betting on U.
Establishing relationships with licensed operators to share information was a goal. After much research, TIF concludes this never materialized. No matter how robust your legal market regulation and monitoring may be, racing operators worldwide must be attentive to the issues created by grey and illegal betting sites. Their presence can impact legal pari-mutuel markets, degrade customer confidence and threaten the integrity of the sport.
That impact was felt on at least three occasions in the last month at one U. Extremely large wagers, relative to the size of the overall pool, were placed on combinations likely to lose, inflating the actual tote returns on more favored horses. The goal of such manipulation is to dramatically change the odds on the pari-mutuel outcomes and win far more by betting through a non-parimutuel operator like a GMO which pays at track prices and at generous limits.
While the manipulated bets on the legal, pari-mutuel pools are expected to be losing ones and inflate the returns for other successful customers, the manipulator aims to make a far larger score through their other plays. There were instances of such manipulation through the mids at Nevada racebooks before most books stopped booking racing bets and adopted pari-mutuel wagering on racing.
What seemed like a gift for favorite backers could have been a nightmare for those who legitimately backed the two longest-priced runners in the small field if that result had materialized. What was being treated as the least likely outcome in the win and exacta pool would close as a favorite in the quinella pool. There were variations on these manipulations earlier, on April 7 and April The acts of manipulation are not in violation of law or even existing betting rules but could trigger a blow to customer confidence and lead to legitimate questions about the integrity of race results, depending on the circumstances of each race.
Vigilance from stewards and regulators is absolutely necessary. Will Rogers Downs, much to their credit, stopped offering quinella wagers after their April 28 races. For that reason, we use generic titles below to describe the actions of three GMOs. Grey Market Operator 2 GMO2 is perhaps the most aggressive operator seeking to attract racing wagering from Americans. GMO2 operates a marketing arm which produces legitimate, original racing-related content from established and even award-winning American racing writers and media members.
They created an annual award series, tagging various trainers, jockeys and other racing fans through social media in the hopes of engaging them to spread their message and promote their illicit platforms. GMO2 prefers that its customers use cryptocurrency to fund accounts and receive winnings while guaranteeing a daily rebate on all play. Eight of the funding methods are cryptocurrencies, headlined by Bitcoin, but includes Ethereum and several smaller cryptocurrencies.
GMOs seem to have a growing affinity for cryptocurrency because of the difficulties with legitimate banking transfers. He indicated ADWs were not legal in his U. Betting with GMOs is the least sustainable method of wagering on American racing. No revenue from these bets is returned — to horsemen to fund purses or tracks to fund operations. If you are looking to race-fix or match-fix, why would you bet with the legal market where there are healthy, established reporting channels when there is a large illegal market, with insufficient know-your-customer [policies] and almost non-existent reporting channels to racing authorities?
Yet, illegal operators are subject to none of the [anti-money laundering] oversight of financial institutions or indeed legal betting operators. These assets included 82 gambling websites licensed in the betting haven of Malta, through which huge sums were laundered. Match-fixers can arrange a fix safe in the knowledge that leading Asian illegal bookmakers often accept large bets on even obscure sporting events.
Illegal betting operators ignore race-and match-fixing, and may actively participate. Once lost, it is extremely difficult if not impossible to win back this trust. Nothing materialized. As this series has outlined, the challenges in and beyond are different. Should we meet the challenge and make wagering and racing integrity the lodestar of American racing, all well-intentioned stakeholders will benefit.
Those views are correct. Monitoring wagering can be a big step towards that. HISA has the power to lift the standards of racing in America and protect its wagering customers. It should do so. It will take a long time for North American standards to be lifted to join the ranks of the rest of the developed racing world.
Start slow, build capabilities, engage stakeholders and show progress. Customer confidence is good for business. The results should be reported regardless of the finding — most will be negative. Positive findings should be identified publicly as soon as possible after results are received and the connections receive notice, followed by an explanation of steps going forward with relevant updates provided.
An initial report should include the substance s involved, particularly if it involves a legitimate medication. This is standard practice in many other racing jurisdictions and benefits all participants. The appendix at the end of this installment includes a re-publishing of the entirety of the press releases from the Hong Kong Jockey Club stewards on the case, from a winner at Happy Valley in June Here is a link to the first public release of news on the finding.
It actually reminded me of, and I drew the comparison to, what the Olympic world looked like prior to us coming into existence. Instead of wondering if their competitors or role models are being tested, people can track testing data and see how USADA is working to uphold clean sport.
The greater use of active investigations to supplement testing will boost confidence. Adopting intelligence-based investigations would do the same. The video of his remarks is below. When bettors are left bewildered by rides or horse performances, and no explanations are ever provided by those whose job it is to oversee the races — the stewards — confidence is shattered, conspiracy theories run amok and the business is tainted by unaddressed conjecture.
One incident from a race at Gulfstream Park on March 27, drew thousands of views from frustrated horseplayers in search of an explanation that was not forthcoming. The incident was highlighted later on a national broadcast when the horse returned in its next start too, though without any formal explanations from officials. Stewards should review races from a central location, close to ground-level, with easy, face-to-face access to jockeys and trainers or their representatives, assistants, etc , to enable direct questioning before and after races regarding any number of incidents, publishing easy-to-find post-race reports to explain findings for the day.
A Spanish-language interpreter should be used to facilitate the process when needed. While many stewards around the world view races from an elevated position, they return to a more accessible location and nearly all meet face-to-face to question jockeys and trainers throughout the race day.
Findings are published at the end of the day. These reports should include key details provided to the stewards from regulatory veterinarians. Observations of bleeding, lameness, thrown shoes, reasons for scratches and voided claims must be published.
Strange or unexplainable performances should get attention from the stewards and be shared with the public. American racing cannot jump to the future and join the rest of the world with Lasix-free racing without the adoption of other key global standards of reporting which are commonplace. It may be hay, oats and water before a race, but after a race, the public must be made aware of key observations from regulatory veterinarians whose roles are crucial for both equine welfare AND protection of the wagering public.
This level of transparency is standard in other major racing jurisdictions. North America should be no different. Anyone suggesting otherwise should be asked why. Examples below, one from the British Horseracing Authority and one from the National Horseracing Authority of Southern Africa South Africa reflect the reports published from separate races in , with details from regulatory veterinary officials.
The gelding has a propensity to lead his races early, or at least be forwardly placed. Breezy Gust was judged the best turned out for his race last Saturday. That would be the only recognition he received. The chart comment from the Maryland Sprint Stakes notes the following.
Other jurisdictions do it differently. Under leading jockey Joao Moreira, the gelding was under pressure early in the race and faded substantially to finish 11th of 12, beaten nearly 15 lengths. Click the image below to watch the race. A post-race sample was also collected from Golden Mission. Findings will be reported to the public when available, likely to be by the next race day on Wednesday, May But they need to try. These teams should comprise personnel with specialist skills such as form experts, race readers and statisticians, all with extensive betting knowledge and expertise and an understanding of the intelligence process.
In-house betting expertise strengthens the productivity of these relationships and avoids the misinterpretation of betting information. Regular communication between analysts and betting operators strengthens trust and understanding, which increases the flow of information to the sport.
The betting analysis can make up a key part of the evidence in sports disciplinary hearings and therefore expert evidence is often required to explain findings. Worldwide wagering on your races requires worldwide awareness of the threats racing faces. Fixed odds betting on U.
Commercial bookmakers need to uncover betting malfeasance. There is no benefit to burying it. In December , Australian firm The BetMakers purchased the global tote business of Sportech, one of three tote companies providing services for North American racing. According to this press release in , RVIP capabilities include: - Real-time tracking of data, such as price movements and associated betting patterns, - A host engine that ingests ratings and performance indicators created by the racing authority and BetMakers, and matches these with actual performances, - An alerts system to flag inconsistencies, - Database and library functionality that stores and recalls any integrity comments associated with individual horses, trainers, jockeys, owners and wagering movements, - Video analysis and management portal for tracking past performances, and - Links to betting patterns and comments for recording and recall capabilities.
North American racing needs this kind of platform. As a new service provider in the American space, The BetMakers may have a significant role to play. Their first foray into American racing has been in partnership with Monmouth Park to bring fixed odds betting on racing to New Jersey customers.
Leagues provide access to game officials for media members, publish head-office reviews of in-game incidents and their officiating, and have even admitted mistakes in past rules applications. The use of replay to adjust key officiating decisions, yielding more correct outcomes, has greatly increased.
In March, the National Hockey League NHL fired a long-time referee after a microphone caught him admitting he felt the need to, essentially, fabricate a penalty on one team. Shielding refs — coddling refs, in fact — only creates space for conspiracy theories. Make officials explain themselves when the situation calls for it. Hold them accountable in a real, public way.
Integrity , to provide services to monitor everything from betting markets to social media and irregular officiating. As for American racing? The growing firm met with one major American racing operator in There was no desire to connect pari-mutuel systems to any sort of integrity provider. Integrity remains available. In Australia, sports and racing actually work together in developing a modern approach to bet monitoring.
The goal, of course, is to ensure a level playing field, both during the game or race for participants and in the betting markets on such events, maintaining confidence of all internal teams, coaches, players, owners, management and external bettors and fans stakeholders. HISA provides an opportunity to accomplish far more than what has been done with a woefully-inadequate state-by-state approach. Racing in America in the s has a regulatory structure more akin to the sport as it was in the s. That has to change and HISA enables such change.
Change, of course, frightens many long-time racing participants. There will be increased costs, new procedures and added scrutiny. Communication will be key. It is easy to fret over how much transparency is enough, but North American racing desperately needs it while upgrading our provision of racing oversight in every facet.
A delicate balance is required to satisfy integrity assurance and boost public confidence while not jeopardizing ongoing investigations or revealing specific trade practices. As former U. The recommendations offered in this series would yield substantial, desperately needed changes to the operation of American racing, but they are hardly ground-breaking - almost all of them are in place in major international racing jurisdictions. These policies will encourage more American and foreign investment in our quality bloodstock in the sales ring and at the race track.
I believe reform starts with the Breeders' Cup, our show case event, for American racing to show the world that we are serious and competitive and will not accept or allow racing to be hijacked for short term gain instead of long term viability. I have already served a term as a Breeders' Cup member and have participated on the Racing and Nominations Committee.
I have been involved in the Thoroughbred industry all my life having been brought up in a racing family and raised in a racing community. I have witnessed racing at its best and worst on both sides of the Atlantic and when challenged, it is the beauty and allure of the horse itself that motivates people to preserve and improve Thoroughbred racing and it alone separates us from other sport and casino gambling. As such, providing the best care for our horses and treating them as the stars they were in the glory days is what Breeders' Cup has most proudly achieved.
Such examples of Breeders' Cup track safety protocol, drug testing, improved facilities, improved travel, etc. The fan experience at Breeders' Cup is now exceptional and constantly improving and becoming more appealing. I will offer my experience and effort to maintain the level of horsemanship and reverence that the horses deserve so that we can showcase our breed to the world.
Since its inception, the International racing community has actively supported the event as nominators, owners and fans to create a racing program that separates Breeders' Cup from all the other important race days in the US. As a member, I would like to work on issues focused on greater International uniformity between racing and breeding nations to ensure that the event continues to be recognized as one of the world's great race meetings.
This has given me an opportunity to observe first hand those aspects of thoroughbred racing and breeding that are required to create a successful and popular product. I believe that the U. The Breeders' Cup is in a unique position to provide the leadership and example necessary to bring about the positive changes required to make the opportunity a reality.
If elected to the Breeders' Cup Board I would be excited to be involved in making this happen. I have had the opportunity to be involved in most every aspect of the industry including breeding, racing, farm ownership and board participation on several industry organizations, including the Breeders' Cup since its inception. I believe that this long term involvement in our industry gives me the opportunity to be a strong contributor to the future success of the Breeders' Cup.
TOM LUDT Being involved in the Thoroughbred business for numerous years and differing dimensions, I have been blessed to learn and have a different perspective from all my different roles. Running Vinery Stud Farm in Kentucky, Florida and New York, racing at all levels including having Grade I winners, chairing the International Wagering hub for KHRA and now running Santa Anita Park race track as president, I feel very fortunate to be able to see our fans, horses, bettors and horsemen in my different capacities and see this as a very positive attribute to continuing on with the Breeders' Cup.
Over the past eight years with Breeders' Cup, two as chairman and the rest as a director and board member on numerous sub-committees, I have helped assist Breeders' Cup growth and have a vested interest in seeing it continue to flourish even more dominantly as an institution that brings our sport and industry together.
I sincerely hope I can continue to participate and assist the Breeders' Cup organization and see the positive attributes it brings to all fans, horsemen, bettors and everyone that Breeders' Cup reaches. I am optimistic and look forward to the future of our industry and sincerely thank you for your consideration. MADDEN Having grown up in the thoroughbred industry I have been involved as a breeder, consignor, owner, stallion syndicator and shareholder.
Before becoming a full time developer, I practiced law, with a focus on the equine space and stallion syndication. Being a full time and engaged handicapper, I recognize the magnitude of the large pools created by events like the Breeders' Cup as they relate to attracting and growing the wagering base. Without having a specific affiliation, I believe I can bring a unique perspective to the areas of promotion and growth of the Breeders' Cup brand.
Creating a successful commercial development is about vision, functionality, practicality, and economics. In order to generate revenues, the development has to attract the stores where people want to come and spend their money. The location has to deliver a shopping experience that people will continue to utilize. This endless circle is not all that far from what the Breeders' Cup has to deliver. The site, horses, and the experience will bring the fans and bettors. Competition is growing every day, and the urgency to execute is vital to maintain and expand the brand.
In summation, I am anxious to apply the knowledge I have obtained from growing up in the thoroughbred business as well as my experiences in other areas such as development and law to bring a fresh new perspective at developing the brand name of the The Breeders' Cup.
Meaningful reform has progressed at a snails pace and has been slow to address our biggest challenges. Sadly, our relevance continues to slide and our image as the Sport of Kings has been severely damaged. The Breeders' Cup has gone thru an evolution over the past 10 years with changes in governance and mission.
It has gone from an organization that only focused on the Breeders' Cup event to one that has accepted that it must be proactively involved with the problems our industry continues to address. The Breeders' Cup along with The Jockey Club are the two organizations that have the opportunity to lead. I look forward with your help, to continuing my pro-activeness as a Breeders' Cup trustee and for an industry that captured my heart 51 years ago.
This is a committee that has delivered on its mission to improve both the fan and owner experiences during Championship week. Last year, I expanded my involvement and joined the Racing and Nominations Committee. If given the opportunity to serve another term, I will continue to bring forth an active approach to my work on these Committees as they serve as a voice to provide direction to the Board of Directors on what needs to be addressed to further the organization and the constituency it represents, the nominators.
In addition, in the pursuit of a true World Thoroughbred Championship, I will continue to be a valuable resource as a spokesperson with International nominators thanks to my various ties with breeding farms around the world, whether they are in Asia, Europe, Australia or South America. Finally, a Breeders' Cup Member's main role is to vote in annually the Directors.
This is a role I have taken very seriously and would continue to do so if I am fortunate enough to serve another term. My wife and I have been thoroughbred owners since and own approximately seventy horses. We own Peacefield Farm in Temecula, California, a lay-up and rehabilitation facility for horses injured at the race track or in the show ring.
I joined Mattel, Inc. During those years, Mattel became the largest and most profitable toy company in the world. My career began in marketing at Colgate-Palmolive. I was born and raised in New Jersey and received my bachelor's degree from Dartmouth College, with an M. Having served on many Thoroughbred horse racing organizations and having had involvement with the Breeders' Cup Board, I believe I have the background and experience to help the Breeders' Cup grow as the most prestigious event on the world's Thoroughbred racing calendar.
As such, ensuring the success and growth of the sport that I love is a subject very close to my heart. For the past several years, as the COO of Team Valor International, my job revolved around new owner procurement, and we were successful in bringing hundreds of new owners into the sport of Thoroughbred racing. Having all owners—new and long-standing—enjoy the biggest days our sport has to offer is crucial to the long-term viability of the game. Participating in the two-day Breeders' Cup championship weekend is the goal of every owner, because it offers an exciting, well-attended, high-profile weekend of glamorous sport.
Because I believe that it is big days like this that sell the sport of Thoroughbred racing, I will work to increase the Breeders' Cup's footprint on our sport—creating more big days and not just the one in November. I have attended top sporting events around the world both inside and outside of racing, and believe we can continue to add innovations to the Breeders' Cup to provide an even better fan and owner experience.
Additionally, I believe we have to establish a uniform medication policy, with no race-day medication in order for our domestic homebreds to be viable and valuable around the world. We must crack down harder on the people who don't play by the rules, and implement the penalties and structure of the other successful sporting leagues.
I am personally invested in every aspect of the sport; owning, breeding and racing horses; pinhooking yearlings and weanlings, and purchasing stallion shares. I have been at more Breeders' Cups than I can count, including every one since , and have managed 10 Breeders' Cup starters over the past five years. I have spent my entire life immersed in the game, and will work hard to ensure that the Breeders' Cup remains an industry leader so that I can say the same thing 50 years from now.
He is committed to maintaining the heritage and history of the land which comprises the farm. He has had a lifelong passion for Thoroughbreds and although his earlier involvement began in South Africa, his focus these days is very much in Central Kentucky. Antony, his wife Angela, and their five children make their home in Lexington at Gainesway Farm. I have served on the Breeders' Cup Board since The Breeders' Cup has achieved important objectives over the past eight years by expanding our international reach and increasing Championship purses and awards to record levels.
But we live in a highly competitive world and the Breeders' Cup must continue to innovate and not rest on our past successes. We must find the right balance between being true to our historical roots and embracing the change that will be necessary to remain relevant in the future. I believe I can bring continued value to the Board based on my lifelong passion for horseracing and experience with the domestic and international racing and breeding industries as owner of Gainesway Farm.
Clearly many of the candidates for the Breeders' Cup Board have similar racing experience.
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