The scandal that was bound to happen has been all over the news in recent days. As per any betting scandal, this is why the industry needs to be regulated - without it, these things still happen, they just don’t get found. US sports are ripe for picking because of their obsession with player props. You’ll hear calls for ‘why not just offer the overs?’ but that then allows the book to apply huge and invisible margins because they won’t offer both sides - so then customers just get ripped off even more. And any restrictions you impose on licensed books just opens the door to the black market/offshore books that have always been massive in the US market. There’s been plenty written about this already, much of it overblown nonsense from people who don’t understand it in enough depth. One voice that should be respected though is Nate Silver and his Substack post is very well constructed. https://open.substack.com/pub/natesilver/p/the-nba-gambling-scandal-explained
THE LADBROKES COX PLATE The Valley, Melbourne AU$6.05m, Group 1, WFA 1740 local time, 0740 BST A very interesting race this year. Perhaps not the finest field in history, not the biggest, but it is the last to be run at The Valley (formerly known as Moonee Valley) under the current configuration. The whole place will be knocked down or ripped up in order to completely rebuild the place with a different track orientation and a more traditional length of home straight. It will all change... A year ago, Via Sistina blew them away in one of the world's best performances on the year. This season, at least down in Melbourne, she's not quite so invincible. Races haven't been run to suit, she's drawn inside each time, she's been running OK without being the superstar that scared off any international rivals. Third behind Mr Brightside in the Makybe Diva then third behind Sir Delius in the Turnbull, after opening her campaign with a win in the Winx Stakes in Sydney. Perhaps...