Horse Racing

Late odds changes in harness racing are no easy fix

Summarized by: Live Sports Direct
 
Late odds changes in harness racing are no easy fix

The New York Racing Association has been banning computer assisted wagering near post time. Fixed odds are being examined.

In the first race on Friday, Oct. 1 at the Red Mile, Anvil Hands was a decent bet at 6-5, but after the gate, he dropped to 1- 5. Dave Menary’s World at War Deo was 9-4 at gate and 4-6 at half, then 1/2 after wings opened. CAW betting is a problem for the thoroughbred racing industry. NYRA banned CAWs after 5 minutes to post in July. The win pool handle is down 12%. It's rational and common sense to conclude that without big money coming in late to correct an odds board, things will be corrected earlier.

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