Instant Racing machines?

[Turkoman]

What the hell is an Instant Racing machine? I just finished reading the article, but still confused. They say people will be able to wager on historical races. How can that be possible? Does that mean I'll get the opportunity to watch the 2009 Kentucky Derby again and bet on Mine That Bird to win? :D

Anyway, can someone try to explain it to me? The link for the article is below.

http://www.bloodhorse.com/horse-racing/articles/59040/ky-public-hearing-on-instant-racing-sept-29?source=rss

Turkoman

[BillW]

What the hell is an Instant Racing machine? I just finished reading the article, but still confused. They say people will be able to wager on historical races. How can that be possible? Does that mean I'll get the opportunity to watch the 2009 Kentucky Derby again and bet on Mine That Bird to win? :D

Anyway, can someone try to explain it to me? The link for the article is below.

http://www.bloodhorse.com/horse-racing/articles/59040/ky-public-hearing-on-instant-racing-sept-29?source=rss

Turkoman

That's exactly what it means. I assume that less well known races would be used though. They've had this at Oaklawn for a few years now.

[Turkoman]

Yeah, maybe they'll let the bettors wager on those cheap claiming races from the cheaper tracks. It still sounds kind of weird to me though.

[Steve 'StatMan']

I doubt they'll give out any/enough information to allow one to know the winner in advance. Change the horses names. I don't know if there will be any PP information, or enough PP info to 'give away' the actual historic race. I doubt it will give the original date, track, and race number, which would allow one to look up the race in chart history, etc. It's just a way of betting horse races by number so you can gamble and and watch instantly at the terminal. The biggest problem/complaint that my novice/casual/1st time friends/fans tell me is that the live racing takes way too long between the races. These are not people who study pps and wouldn't want to learn how. They just want to be entertained - usually right there in their grandstand seat. The carells and frequency of similcast races isn't fast enough or too confusing, plus sitting with the angry, yelling, cursing hard-core regular fans, does not appeal to them. (Hard to tell them about time for inspections, grooming the track, time for owners/trainers to look over prospective claims, etc. when they don't want to get involved intelectually with the game - just plain old bet like the pre-casino general public fans did.)

[Robert Goren]

They fancy it up all they want, but the bottom line it still a slot machine.

[Turkoman]

Yes, RG. That's exactly what I was thinking. It must be a slot machine-like thing to get people to gamble their money.

[thespaah]

Definitely a slot machine....Random number generating electronic crack.
Perhaps a bit more interactive in that the player gets to make a choice as to which number(s) he/she guesses to be the outcome.
Very little else to do with racing.

[Turkoman]

I guess it's something similar to what Steve mentioned.

[Bruddah]

This might answer your questions.

http://oaklawn.com/pages/gaming-about/

[Pell Mell]

I recall being at a VFW one night about 30 yrs ago and they had what they called "A Night At The Races". They had actual races from a long time ago that you could bet on. I remember the old films but I don't remember how it all actually worked but it's sure not a new concept.

[JustRalph]

http://www.youtube.com/watch?v=Xr47YW6sdN0

I want to know if they let you see the post parade?

I would think a physicality capper might have a slight edge in that department

[Turkoman]

This might answer your questions.

http://oaklawn.com/pages/gaming-about/

Thank you. According to another article I just read, it seems like the bettors can study certain information about the race. They describe it as a Daily Racing Form "Skill Graph" chart. Not sure what it really is, but sounds like it's somewhat different from the original past performances.

Turkoman

[Bruddah]

Thank you. According to another article I just read, it seems like the bettors can study certain information about the race. They describe it as a Daily Racing Form "Skill Graph" chart. Not sure what it really is, but sounds like it's somewhat different from the original past performances.

Turkoman

I really don't know how they work, I have never played them. Oaklawn mgmt. developed them along with amtote(?) and had the Arkansas Supreme Court determine if they would be considered pari mutuel or otherwise. The Atty Gen. of Ark. and the State Constitution would not allow Casino gaming. The Arkansas Supreme Court and later the Atty. Gen concurred, they were pari mutuel.

They were highly succesful and Oaklawn has used them to subsidize Racing. As you can see, Oaklawn now has a pari mutuel and electronic games of chance Casino (recently completed).

These same machines were recently ruled pari mutuel in Ky. with Churchill planning to install them in January. They still have a few hurdles to overcome, but basically as I understand it, they are a done deal.

[Turkoman]

I have no idea how it works either, but definitely not interested in playing that game. Yes, I read that Amtote had to do with it.

Before we know it, those machines will probably be all over the place. Just like the slots.

Turkoman

[Bruddah]

I have no idea how it works either, but definitely not interested in playing that game. Yes, I read that Amtote had to do with it.

Before we know it, those machines will probably be all over the place. Just like the slots.

Turkoman

Yeah, I'm really not a fan of them either. When I go to a Casino it's to play "live Poker" and I'm not interested in putting my money into machines which tell me when I WIN and how much. However, I will say if track mgmt. really is considerate of supporting Racing and the Horsemen and Owners, I can/ will tolerate them. So far, Oaklawn's mgmt. has really done that so, I give them credit where credit is due. Additionally, the purse increases have brought some nice 3yo racing and older Graded horses to Oaklawn.

[Robert Goren]

I really don't know how they work, I have never played them. Oaklawn mgmt. developed them along with amtote(?) and had the Arkansas Supreme Court determine if they would be considered pari mutuel or otherwise. The Atty Gen. of Ark. and the State Constitution would not allow Casino gaming. The Arkansas Supreme Court and later the Atty. Gen concurred, they were pari mutuel.

They were highly succesful and Oaklawn has used them to subsidize Racing. As you can see, Oaklawn now has a pari mutuel and electronic games of chance Casino (recently completed).

These same machines were recently ruled pari mutuel in Ky. with Churchill planning to install them in January. They still have a few hurdles to overcome, but basically as I understand it, they are a done deal.That deal is a long way from done. It may happen, but nothing is certain yet.

[Bruddah]

Nothing is ever done until the Fat Lady sings. In this matter, she has been warming up and hitting the high notes. ;)

[Turkoman]

Yeah, I'm really not a fan of them either. When I go to a Casino it's to play "live Poker" and I'm not interested in putting my money into machines which tell me when I WIN and how much. However, I will say if track mgmt. really is considerate of supporting Racing and the Horsemen and Owners, I can/ will tolerate them. So far, Oaklawn's mgmt. has really done that so, I give them credit where credit is due. Additionally, the purse increases have brought some nice 3yo racing and older Graded horses to Oaklawn.

The slots business is like a double-sided sword though. On the positive side, it's helping increase purses, which can attract better horses at certain tracks. The negative thing I see about it is that horse racing is being seriously threatened by a growing and expanding rival, and is more popular to gamblers in general. This will not help bring new fans to horse racing.

Turkoman

[Bruddah]

The slots business is like a double-sided sword though. On the positive side, it's helping increase purses, which can attract better horses at certain tracks. The negative thing I see about it is that horse racing is being seriously threatened by a growing and expanding rival, and is more popular to gamblers in general. This will not help bring new fans to horse racing.

Turkoman

I have to say, I agree whole heartedly. At some future point when Horse Racing is costing the Casinos too much in profits, the first thing they will cut, if allowed, will be "what got them into the dance" (Horse Racing). We all know they can grease enough palms to get the desired legislation they need to "get'ur done". In my opinion it's not a case of if, but when.

This has always been the strategy of Gaming interests. First to become legitimate and then establish land based operations Nationwide. It's only taken them about 30 years to accomplish. It won't take that long to get rid of restrictions which require them to subsidize Racing. Again not a case of if, but when.