Whales and late money to be discussed at next CHRB meeting

[Andy Asaro]

http://www.chrb.ca.gov/press_release...ss_release.pdf

Executive Director Baedeker reported that odds continue to change after the start of races, and while CHRB investigations of late odds changes have determined that all wagers were placed legally before the start, he said some people still suspect that pastposting is occurring. He proposed a rule change to spur the industry to speed up the processing of wagers, so that all bets are reflected in the odds no later than five seconds after the start. In a related matter, he urged the industry to provide to average bettors the same type of direct computer access to tote systems that elite robotic wagering bettors now have. Chairman Winner appointed himself and Commissioner Maas to a
special committee to consider these proposals.