Horse Racing

Thoroughbred Idea Foundation: Sports Bettors Won't Stay If Racing Is Purely Pari-Mutuel

Summarized by: Live Sports Direct
 
Thoroughbred Idea Foundation: Sports Bettors Won't Stay If Racing Is Purely Pari-Mutuel

Thoroughbred Idea Foundation: Sports Bettors Won't Stay If Racing Is Purely Pari-Mutuel. New York Racing Association CEO David O'Rourke believes that racing should be offered to sports bettors first via pari-$mutuel betting using a shared wallet. Jason Scott, vice president of trading in America for BetMGM, formerly CEO of Ladbrokes Australia, believes fixed odds betting on racing is a good idea. The present par-mutual product lacks the qualities that sportsbettores have come to expect. Fixed odds on the sport is not a magic elixir for the racing industry, but it would provide a product otherwise not available for mainstream customers.

Patrick Cummings is the Executive Director of the Thoroughbred Idea Foundation.

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North American Jason Scott
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