My point is this: That director of pari-mutuels knew almost nothing about betting. Most of the people running the country’s racetracks, as well as most of regulators, know almost nothing about betting. The rule that allowed for the “scratch” of Modern Games (IRE) in the Breeders’ Cup Juvenile Turf (G1) was written by people who know almost nothing about betting, and it was written with complete disregard, if not disdain, for the bettors. After the horses and jockeys, the bettors are the most important stakeholders at the racetrack, and yet they’re typically forgotten, overlooked. They’re invisible. At any moment, you might expect Captain Louis Renault to rush in, blow his whistle, and shout indignantly, “I’m shocked, shocked, to find that gambling is going on in here.”
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