Just shy of a century ago, Thoroughbred racing was undergoing a massive transformation in breeding and technology that would set it on a path towards expansion. The importing of international sires, the building of new racetracks, the development of starting gates and the implementation of what was called the totalisator, a device that tracked odds and payouts for pari-mutuel wagering, became all the rage into the 1930s. As you probably know, the 'tote' became linked to a board that everyone on-track could see and was intended to democratize laying a...