Archive | September, 2010

Casela Park Pair Guilty

27. September 2010

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A potentially ground breaking ruling today from the Disciplinary Panel that investigated the running and riding of Casela Park at Newcastle on 4th August this year. The full published findings are worth reading and digesting. The headlines are stark and significant.

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When Two Tribes Go To War

26. September 2010

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First of all a confession. I’ve made some pretty useless attempts at mathematical estimates as regards turnover, commission rates and tax yields on Betfair and other exchanges. I’ve usually failed to factor in the extent to which every transaction has two parties to it and have always failed to factor in the amount of trading, [...]

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Betfair Float Is on!

21. September 2010

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Betfair Float Is on!

Betfair has today announced its intention to go public with this statement heading a corporate press release this morning;
 
Betfair today announces its intention to apply for admission to the premium listing segment of the Official
List of the UKLA and to trading on the main market of the London Stock Exchange (‘‘Admission’’) and to
proceed with an [...]

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Newbury Start Own Goal

19. September 2010

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Well, we didn’t have to wait too long for the next example of the way in which Racing is willing to put its core customer’s interests at the bottom of the pile. Yesterday’s 2.00 at Newbury was started with Kieren Fallon dismounted from his horse and with said horse restrained by a stalls handler. There [...]

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Racing. United but Facing Backwards

17. September 2010

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Racing. United but Facing Backwards

‘The past is another country, they do things differently there.’
First things first. That Racing is bidding to show a united front and to coordinate its message and its lobbying is a good thing. It’s long overdue and all the more welcome for that. Few real racing fans would disagree with the basic premise that Racing [...]

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Shuffle Up And Deal

16. September 2010

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Shuffle Up And Deal

Why Poker makes us better betters
‘Hell, boy I wouldn’t call that bet on the telephone’
A line delivered in the slow Texas drawl of the legendary poker player Amarillo Slim. It was one of a barrage of one liners that formed my introduction to the world of high stakes no limit Texas hold ‘em poker. I’d [...]

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Reasons To Be Cheerful

8. September 2010

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Reasons To Be Cheerful

Battling home through the rail strike yesterday meant that an hour and a bit journey became closer to three hours and it was getting dark as I walked the last stretch. There was a cool autumnal tug to the breeze and the whiff of distant bonfires carried over suburban sprawl and I got to thinking.
Leger [...]

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Racing’s Glass House

6. September 2010

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Racing’s Glass House

I interviewed Josh Apiafi on ATR the other day. Josh runs a business that advises sports on how to maintain integrity. As an expert in the field I asked him what he made of the oft repeated claim that British racing leads the world in this area. Much to my surprise Josh agreed with this assertion. [...]

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No Surprise if Betfair Float Delayed Further

2. September 2010

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No Surprise if Betfair Float Delayed Further

The latest speculation surrounding Betfair’s so long anticipated flotation is that nothing is imminent. This will come as no surprise to anyone who read my take on it way back in May of this year.

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