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Cheltenham Festival

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Jb23
13 Mar 21 19:49
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Date Joined: 23 Oct 15
| Topic/replies: 452 | Blogger: Jb23's blog
The recent drifts on Energumene, Thyme Hill, Gauloise fortunately don't impact me, but begs me to ask the question- why are these drifts and then withdrawal's normalised to be "part of the game" when it us fundamentally insider trading. Should they not be investigated?

If owners, stable staff or anyone connected to a horse were caught laying a horse on the day of a race then they would be banned for months and months. So why is it OK for a the same connections with access to information significantly before the public do, to lay a horse and essentially be a coal mine budgie for future news?

In my eyes, it may not carry the immoral and outright horrific look of the Elliott scandal, but the issue is as equally damning to the perception of the sport.

If I were to short the stocks of the company I work for following earnings release, I would be locked up.

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Replies: 17
By:
tony2914
When: 13 Mar 21 20:01
totally agree jb , trainers being sponsered by bookmakers, plus the likes of walsh mccoy ect making a living as pundits on tv when they are privvy to inside info off mullins and jp mc , funny how they only share it when the horse has bolted up, the game is still an unlevel playing field.
By:
differentdrum
When: 13 Mar 21 20:10
I wouldn't mention it in comparison to Elliott, but I would agree. People being screwed by those in the know. Again similar to not laying bet offers it's only going to be called out on here.

Every Cheltenham there is virtually no information on the JP horses until they have been cut to unbackable prices. I can't understand why some laud him. Fingers in every pie and the only punter he is bothered about is himself.
By:
Jb23
When: 13 Mar 21 20:36

Mar 13, 2021 -- 8:10PM, differentdrum wrote:


I wouldn't mention it in comparison to Elliott, but I would agree. People being screwed by those in the know. Again similar to not laying bet offers it's only going to be called out on here. Every Cheltenham there is virtually no information on the JP horses until they have been cut to unbackable prices. I can't understand why some laud him. Fingers in every pie and the only punter he is bothered about is himself.


Fair point RE Elliott. I wasn't trying to necessarily compare the two issues. i just hate how it's accepted that those "in the know" can exploit and profit from the market. Racing is rapidly approaching a crossroads where transparency needs to be at the forefront, and betfair drifts are anything but.

If Energuemene drifted from 3.00 to 8.50 on the day of the arkle and PU. It would be investigated.

So why can Energuemene drift from 2.00 to 50.00, be withdrawn and the reaction be, "ah well, lets hope the horse is sound" despite profit being made on the laying of the horse from those in the know.

By:
layingisthewayforward
When: 13 Mar 21 23:15
Is Gauloise a non runner?
By:
ZEALOT
When: 14 Mar 21 04:28
It’s not just the laying of the horse in question it’s the backing of others .
By:
mcgoldrick
When: 14 Mar 21 09:54
Markets have been telling us this morning that Royal Pagaille is heading not to the NH chase but to the Gold Cup.
By:
Andymca
When: 14 Mar 21 10:13
Drift started last night but has not drifted any further since then. Same with Allaho in the Ryanair.
By:
mcgoldrick
When: 14 Mar 21 10:17
exchange market on NH chase suspended with RP at 50. Had gone out to 8s. Most bookies have suspended betting on the NH chase. Poster on another thread saying RP to Gold Cup unless problem with Monkish (in which case presumably diverted to Brown Advisory (RSA). Makes sense and ties in with what markets are doing.

I think RP will win the Gold Cup.
By:
Andymca
When: 14 Mar 21 10:33
Market live again and RP is 100/1
By:
yeasty
When: 14 Mar 21 10:36
Latest one is Time To Get Up, the fav for the Kim Muir. Sudden drift (last matched at 10 when 4/1 with the books)...

I hope he's not a NR.
By:
ashleigh
When: 14 Mar 21 10:44
when do betfair suspend the markets, final decs out from 10am.
By:
Andymca
When: 14 Mar 21 10:46

Mar 14, 2021 -- 10:44AM, ashleigh wrote:


when do betfair suspend the markets, final decs out from 10am.


Squeaky bum time

By:
cobra sam
When: 14 Mar 21 10:49
as fergie would say....tuesdays ante post markets will be finishing very soon
By:
cobra sam
When: 14 Mar 21 10:59
all of a sudden Saint Sam looks strong for the boodles...damn
By:
impossible123
When: 14 Mar 21 12:05
Horse racing and the horse racing community are very close-knit and non-inclusive entities. These entities will need to open up and not police themselves as judge and jury. So much trust and integrity have been eroded and ridden roughshod over by representatives eg presenters promoting betting or dodgy owners flouting human rights/money laundering, etc, yet nothing aired on horse racing transmission for fear of antagonising the influential patrons. Even the BHA the police of the industry are afraid of high profile owners and bookmakers.

A radical approach and measures undertaken to open up the "sport" for scrutiny and inclusiveness are long overdue and necessary.
By:
Jb23
When: 16 Mar 21 09:33
Allaho looks to be the latest contributor to the Mullins Christmas party fundraiser.

These drifts absolutely stink.
By:
Andymca
When: 16 Mar 21 10:18
Been drifting for days
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