Thursday, October 27, 2011

More Protection as a Business Model - Texas to Ban Out of State ADWs

Hurting industries often do curious things. 

"The Texas Racing Commission has begun informing out-of-state wagering companies that it's now illegal to accept online horse or greyhound bets from Texas."

Apparently, the following internet websites may be forced to no longer allow Texas residents as customers.

"According to the TRC, letters were sent to Twinspires.com (a Churchill Downs affiliate), XpressBet, AmWest Entertainment, USOff-Track, eBet, Premier Turf Club, The Racing Channel, PayDog and Racing2Day."

If they don't comply? They will apparently be snoozin' in the grey-bar hotel.

"The letter concluded that the TRC "may pursue criminal action against violators under Chapter 7 of the Texas Penal Code.""

This is not dissimilar to what happened a few years ago in Arizona. And we all know how that worked out.

Other than drive customers offshore - you know, the ones who wish to patronize racing via that brand-new invention that might even catch on, a personal computer - I am not sure what good can come out of this.

I'm sure consumers would not like a "Texas Book and DVD commission" to make it illegal to buy an item on Amazon.com. Or a "Texas Stock Commission" make you go to a downtown Houston brokerage office to purchase 100 shares of Microsoft instead of clicking a mouse.

That's silly right?

Not in horse racing. In horse racing it's considered a pro-growth policy.

2 comments:

Sunny Jim said...

PTP -

Off topic for today, but wondering what your thoughts are as you handicap for Saturday's Breeders Crown.

There was a difference of one second or so in the two elimination races for each of the divisions last Friday and Saturday, except for two:

In those two, there was a difference of over two seconds in the same division:

Cedar Dove is 2-1 morning line on Saturday over Iron Lady (3-1) and Hey Mister (7-2) in the 3YO filly trot. She did not race against those two in the same elim but was 2.2 seconds faster in her race.

Drop the Ball is 5-2 M.L. over Rocklamation (3-1) and Krispy Apple (7-2) in the 3 YO fully pace. Again, she did not race against the other two but she brushed and crushed in her elim that went two seconds faster.

You mentioned both in Monday's notes but I'm wondering if you think the whole world will see that two-second difference and overbet Cedar Dove and Drop the Ball? Of course, it all depends on how each race plays out.

Best,
Jim

Pull the Pocket said...

Hey Jim,

Harnessracing.com has the preview for this weekend:

http://www.harnessracing.com/members.php

On Drop the Ball:

"I definitely won’t be trying to beat Drop the Ball; as tempting as that might be due to her issues earlier this season. Horses at times can have trouble the first time over Woodbine, and some horses can have serious D-barn issues and throw in a clunker. Not only did Drop the Ball have little trouble with both last week, she crushed. "

It's hard for me to bet against a filly who was pricking her ears the last 200 yards in a Canadian record. I think she can only beat herself.

Cedar Dove was good, I thought, but she is not dominating like DTB. Jezzy broke as did the second choice and there were a couple of no tries. If she gets run at I think she has a good chance to get caught.

My 2 cents.