Pat Cummings

Pat Cummings Joins The TDN Writers' Room Podcast

Computer Assisted Wagering (CAW) has been a hot topic of late. What we know is that there are a handful gamblers that use computer algorithms to formulate their wagers, are allowed to make their bets at the very last second and receive substantial rebates. But there's a lot we don't know, like how much are they betting, what pools they most prefer and what affect has that had on the "regular" player? In his latest report for the Thoroughbred Idea Foundation (TIF), entitled Sharks & Minnows, TIF Executive Director Pat...

[ Read More ]
Pat Cummings Talks CAWs on TDN Writers' Room

Pat Cummings joins this week's TDN Writers' Room to discuss the expansion of CAWs and their longterm impact on the sport. This week's episode is sponsored by Keeneland, the Green Group, Coolmore, WinStar, the PHBA, the KTOB, XBTV, and West Point Thoroughbreds.

[ Read More ]
TIF Issues Alarming Report on Computer Assisted Wagering in CA

Nine of the 11 largest betting pools have shown declines from all customers except computer-assisted wagering groups over the past four years, while the handle of the largest CAW groups grew dramatically, according to an extensive study of data released Monday by the Thoroughbred Idea Foundation (TIF). "The Thoroughbred Idea Foundation's analysis of data from Del Mar between 2018 and 2022 showed on an inflation-adjusted basis, per-race (or per-opportunity basis for certain bet types) CAW betting, from what is believed to be 17 accounts, has grown tremendously in the last...

[ Read More ]
TIF Says Triple Crown Pre-Race Inspection Reports Should Be Public

While veterinary scrutiny has increased, communication has not, as U.S. racing has fallen short in the transparency space both this year and many years in the past, the Thoroughbred Idea Foundation (TIF) said on their website on Wednesday. According to the TIF report, there were more than 33,000 races for Thoroughbreds in the U.S. in 2022, but if you asked the public to name just three of them, chances are they would be the GI Kentucky Derby, the GI Preakness S. and the GI Belmont S. The report takes the...

[ Read More ]
TIF Hosting Derby Prop Contest For Racing Charities

With 20 questions and a tiebreaker facing contest participants, entries are now open for the 2023 Thoroughbred Idea Foundation Derby Prop Contest, the organization said in a release Wednesday. The entry portal closes at 11:00 a.m. E.T. this Saturday, May 6. Players should keep track of their answers as you will not be able to revisit the survey portal once you submit your entry. Should a horse named directly in a prop be scratched, all answers to that prop may be counted as correct. Winners will be notified by email...

[ Read More ]
From the TIF: Fixed-Odds in NY Could be Next

Fixed-odds betting options on horse racing could come to New York residents if a new bill introduced by Senator Joseph Addabbo, Chairman of the state Senate's Racing, gaming and Wagering Committee, is passed, according to a story from the Thoroughbred Idea Foundation. Senate Bill 2343 is similar to a measure introduced a year ago, also by Sen. Addabbo, but which was never advanced for a vote, TIF reports. "There should be no doubt amongst racing stakeholders that our existing pari-mutuel offerings are not enough in today's competitive market," said Thoroughbred...

[ Read More ]
Sixty Incidents of Pool Manipulation. The Industry Shrugs

A month ago, the Thoroughbred Idea Foundation (TIF), a think tank that uses independent research to try and drive changes in the sport, brought to light an example of what it said was brazen quinella pari-mutuel pool manipulation at Gulfstream Park. The scheme was apparently designed to jack up the odds the manipulator would receive on winning bets placed with non-pari-mutuel offshore bookies that paid on-track prices. On Wednesday, Pat Cummings, the TIF's executive director, told an audience at the Global Symposium on Racing hosted by the University of Arizona...

[ Read More ]
Sports Wagering Sunk in California: What's Next?

After a months-long $400 million plus war of attrition between the two rival California sports wagering measures on this year's ballot, the endgame was a stalemate, both beat down into the muddy trenches--just as the polling had indicated. The Associated Press made the call that both measures are sunk, though the official tally is far from in. With less than 50% of the ballots counted as of writing, roughly 70% voted against Proposition 26, and some 83% voted against Proposition 27. "Ugly," said Pat Cummings, executive director of the Thoroughbred...

[ Read More ]
Pat Cummings Joins Bettor Things with Joe Bianca

There has never before been an effective, institutional advocate for horseplayers in North American racing, but Pat Cummings and the Thoroughbred Idea Foundation have emphatically changed that in the past several years. As the TIF's executive director, Cummings has brought to light many of the myriad issues and injustices facing horse bettors like no one has before, and Tuesday, Cummings joined Bettor Things with Joe Bianca for an illuminating conversation about the progress made on behalf of players in recent years and how much work there still is left to...

[ Read More ]
TIF Executive Director Pat Cummings Joins Bettor Things With Joe Bianca
TIF Executive Director Pat Cummings Joins Bettor Things With Joe Bianca

There has never before been an effective, institutional advocate for horseplayers in North American racing, but Pat Cummings and the Thoroughbred Idea Foundation have emphatically changed that in the past several years. As the TIF's executive director, Cummings has brought to light many of the myriad issues and injustices facing horse bettors like no one has before, and Tuesday, Cummings joined Bettor Things with Joe Bianca for an illuminating conversation about the progress made on behalf of players in recent years and how much work there still is left to...

[ Read More ]
Oklahoma Adopts Category 1 Interference Rules

Edited Press Release The Oklahoma Horse Racing Commission (OHRC) became the first in North America to adopt a rule which emulates the globally-recognized Category 1 interference philosophy at a Feb. 17 meeting. The amended rule changes the consideration of stewards when determining interference. The exact wording of the amended rule is below: "If the Stewards determine a hHorse or its rider has caused an interference and finished in front of the Horse it interfered with, and if not for the interference the Horse would have finished behind the horse it...

[ Read More ]
Do 2021 Handle Figures Tell the Whole Story?

The Week in Review, by Bill Finley The announcement from Equibase that handle on U.S. racing in 2021 set a nine-year high with over $12 billion bet was understandably well received. During a year where an awful lot went wrong for the sport, at least the wagering numbers were healthy. But, and sorry to rain on the parade, we need more information before we can celebrate. How much was bet is only part of the story. We need to know where the bets were made and by whom. If the...

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.