[quote]
“They have only just begun to spring up but already are proliferating across the world as more and more consciousless people grab at the chance to get rich quick at the expense of world racing,” he said.

So now I am a consciousless person trying to get rich at the expense of world racing! :evil:

Why is it that is is perfectly OK for the owners, trainers, jockeys, bookmakers, TABs, and especially the big racing clubs to get rich from racing but if the poor punters start to have a winning chance then that is wrong?

Certainly there need to be some rules and controls to prohibit jockeys/trainers, etc betting on the exchanges but this needs to be done in co-operation with the exchanges - trying to ban them will just force them to move to a country that welcomes gambling operators (eg. Carribean islands) and you will have no control at all. It is no different from any other sport where gambling is common - you just have to make it clear to all the "players" that any betting by them is banned and if any of them get caught then they are automatically banned for life.

I find the whole "this will ruin the integrity of racing" argument a bit of a joke - maybe someone can explain to me how having a leading trainer and a bookmaker in the same family is not a breach of this high integrity standard or are we supposed to believe that they never discuss the winning chances of the various horses running the next day?

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