Are stewards allowed to bet on horse racing ?

[ZippyChippy423]

There must be some type of stipulations but what are they?

[bello]

If they want to bet they will bet

[mountainman]

No official is permitted to bet any race conducted by the track they work at. There are tracks that also frown (severely) on officials attending simulcast and playing ANY horse race originating from ANYWHERE.

I even remember hearing about an official getting fired for betting other tracks. His employer stated that he was unlikely to draw a line and resist playing his home track.

To me, the irony is that the sort of interest required to play races would probably translate to some passion for an official's work.

It's always astounded me how disinterested most officials are in the very events they produce and administer. Put 10 of them in a room showing a horse race, and I guarantee you seven will ignore the monitor.

[v j stauffer]

When I was a California Steward it was stipulated in the contract that wagering was grounds for immediate dismissal. It was also suggested that wagering on races around the country, even if not assigned that day, even a KY Derby pool, was unacceptable. I also stopped playing poker or sports. Didn't think the Executive Director would appreciate a cell phone photo of me sitting at card table.

[jay68802]

I think it is strange that it is like this. I understand why stewards are not allowed to wager, but why doesn't the same logic apply to owners, trainers, and jockeys?

[Jeff P]

I can understand the reasoning for stewards not being allowed to bet.

On the other hand, as a horseplayer --

It is my opinion that many of racing's biggest problems arose and continue unabated - because racing's decision makers do not bet.



-jp

.

[v j stauffer]

Originally Posted by jay68802

I think it is strange that it is like this. I understand why stewards are not allowed to wager, but why doesn't the same logic apply to owners, trainers, and jockeys?

In many jurisdictions jockeys cannot wager on any races including simulcast. Owners and trainers can wager but must ONLY use their horse to win. No exacta boxes. Must single in horizontals.

[jay68802]

Originally Posted by v j stauffer

In many jurisdictions jockeys cannot wager on any races including simulcast. Owners and trainers can wager but must ONLY use their horse to win. No exacta boxes. Must single in horizontals.

I always thought the rules were the same for all of them.

[v j stauffer]

Originally Posted by jay68802

I always thought the rules were the same for all of them.

Owners buy a ticket on their horse and give it to the jock all the time. Race tracks have never had a problem with that. At smaller venues. Agents with leading riders often choose a particular mount over another based on the barn's willingness to bet for the jockey. Agent gets half of any money bet for the jock. Their are some riders that tend to forget to tell their agent when they are given a ticket.

[jay68802]

Originally Posted by v j stauffer

Owners bet FOR jockeys all the time. Race tracks have never had a problem with that.

My memory is jogged now, the wording I read for the rules did read something like that. Now, I just need to remember where the bathroom is.....

[VigorsTheGrey]

How much do stewards make...? Are they well paid and enjoy great benefits...? Many of the stewards rose from the ranks of people who formerly did have a financial interest in the outcomes. Can the stewards own horses...? Do the stewards have friends or relatives that own or train horses...?

[Prioress Ply]

Yeah I'm sure it's limited to just a win ticket for the jockey since we all know that owners, trainers and jockeys are some of the most honest and law abiding people on earth.

We also know that the racetrack itself is closely monitoring any untoward wagering by insiders (by example through straw men third parties that could possibly place a bet on their behalf but of course would never do so because that would violate the rules and the rules are everything in horse racing).

[turfnsport]

Originally Posted by Jeff P

I can understand the reasoning for stewards not being allowed to bet.

On the other hand, as a horseplayer --

It is my opinion that many of racing's biggest problems arose and continue unabated - because racing's decision makers do not bet.



-jp

.

The stewards don't even read the DRF. I remember there was a race in NY a few years ago where Chad Brown had a rabbit and there was some type of controversy over an inquiry, I forget which race.

Everyone knew about the rabbit but the stewards. Totally clueless about trainer's intentions. You would think they would show some interest in what is going on.

Vic will come to their defense but most are ill informed and are not qualified for their positions.

The confidence level in stewards has never been lower, and it's a problem.

They don't bet because most probably did not bet before they became stewards and have no understanding of gambling.

[v j stauffer]

Originally Posted by VigorsTheGrey

How much do stewards make...? Are they well paid and enjoy great benefits...? Many of the stewards rose from the ranks of people who formerly did have a financial interest in the outcomes. Can the stewards own horses...? Do the stewards have friends or relatives that own or train horses...?

I can only speak to California. They are independent contractors that were paid $525.00 per racing day in 2015. Safety Stewards a little bit more because of a much longer work day. I doubt it's gone up much. Although they don't have a benefits plan per se. We did get a reimbursement when we purchased personal insurance. They also receive a travel stipend when assigned to a track away from their home base. Stewards cannot own horses. Some Stewards do have relatives that own horses. They typically recuse themselves from races and or hearings that involve those family members.

[PaceAdvantage]

Troll question brah (and just so nobody gets all in a tither, this is aimed at the OP)