Sanchez Bet Heavily, And Sometimes Against Himself

Summarized by: Live Sports Direct
 
Sanchez Bet Heavily, And Sometimes Against Himself

Mychel Sanchez bet heavily on horses he was riding and against himself. His lawyer argued that he did it to combat depression. The TDN obtained the records of his betting activity. He bet on his own mount seven times and on races in which he didn't ride. He made one bet for $4,380. Jockeys are not prohibited from betting on their mounts. But it's a serious offense that brings the integrity of the races into question.

Sanchez bet a total of $129,212 and lost more than $18,000 during a betting binge. He was suspended for 60 days and ordered to complete an accredited program for gambling addiction. The Maryland Racing Commission took no action against Sanchez at the time. The matter is closed and the commission has no plans to take action. Pincus said at that Sanchez had also sought treatment to deal with his depression. It is not clear what motivated him to stop betting. In many countries, jockeys are not allowed to bring communication devices into the jockey's room. in many cases, the Jockeying Commission does not take any action on this matter.


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