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Posted

As I said before, inside information doesn't worry me. I rely on my own information/analysis. If someone has inside info good on them. It is a different thing to pull a horse or not try or to cheat. If a jockey manager is involved in this then it comes under the rules of racing just like anyone else. If they are doing that, then they will be hiding their betting so doesn't matter whether banned or not. 

Using inside info is not illegal. Cheating is. 

If they decide to run a horse differently than it usually runs then it is up to the stewards to investigate. Banning won't stop this either, trainers will still do it and it is not illegal to profit from inside info. If a jockey manager backs another horse rather than their jockey's ride, then if picked up I am sure it will be investigated. After all, the integrity unit will step up surely. If not, then it becomes a systemic problem with officials not doing their job. Inside info. is a distraction. 

Posted
26 minutes ago, mardigras said:

I haven't stated it isn't inside information. I've stated there is no gain in having the information except to those that are gullible like you.

Every owner, jockey hairdresser, trainer's mate has potential inside info. But the value of it is undefinable if there even is any value in it. 

It's all hearsay - which we know you thrive on. 

Oh ffs...how the f would you know??

Do you have a direct line of sight into the Manager's account??

Just as you claim you have into mine...

...where you make things up...

MAGOO's do that though

IDIOT

Like most things you haven't a flaming clue about INTEGRITY

Get back into dress up with bazz 

Posted (edited)

 

Why aren't you calling for all people that have associations with owners, jockeys, trainers, vets, farriers, stable hands, track work riders, media to be banned?

That could be hairdressers, doctors, dentists, librarians, plumbers, sparkies etc etc etc. Anyone.

I've never gone to the races and not received inside info that isn't public knowledge yet. You'll have to ban them all given the advantage they all have.

Edited by mardigras
Posted

Are you still soiling this thread?

As I've said before..there's a f in lot to be gained if the manager knows one of his Jocks proposes to do one thing...and the other something else...

Anyway the debates over...

The rules in and it'll come here eventually

You should look up the BHA site and see what the rules are there re INSIDER KNOWLEDGE...

Stable staff can't even pillow talk...

Posted
47 minutes ago, FeelTheFear said:

As I said before, inside information doesn't worry me. I rely on my own information/analysis. If someone has inside info good on them. It is a different thing to pull a horse or not try or to cheat. If a jockey manager is involved in this then it comes under the rules of racing just like anyone else. If they are doing that, then they will be hiding their betting so doesn't matter whether banned or not. 

Using inside info is not illegal. Cheating is. 

If they decide to run a horse differently than it usually runs then it is up to the stewards to investigate. Banning won't stop this either, trainers will still do it and it is not illegal to profit from inside info. If a jockey manager backs another horse rather than their jockey's ride, then if picked up I am sure it will be investigated. After all, the integrity unit will step up surely. If not, then it becomes a systemic problem with officials not doing their job. Inside info. is a distraction. 

Of course it's illegal...INSIDER TRADING on the share market with prior knowledge not known to the public

Is the same as a Manager knowing what his Jock proposes to do...or has been told to do...

Just like the Parr incident...

Posted

Settle down lads.

Let's get real here. Inside information can indeed be advantageous, but the absolute reality is that Jockey Manager's are, on the whole, too disadvantaged mentally to take advantage of it.

Now, one doesn't wish to get too personal here, but I would welcome the naming of one jockey manager in Australasia who has been able to sustain any semblance of gained material wealth through the punt on their midget management collaborators.

It's a fantasy. 

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  • Champ Post 1
Posted
10 minutes ago, The Diceman's Been said:

Settle down lads.

Let's get real here. Inside information can indeed be advantageous, but the absolute reality is that Jockey Manager's are, on the whole, too disadvantaged mentally to take advantage of it.

Now, one doesn't wish to get too personal here, but I would welcome the naming of one jockey manager in Australasia who has been able to sustain any semblance of gained material wealth through the punt on their midget management collaborators.

It's a fantasy. 

B Sweany Mr Been...

Sweany knows what colour Parkesy's wearing around his weaney...

..and he loves hugging Monsieur Auret...who whispers sweet fantasy's in his ear

Posted
14 minutes ago, The Diceman's Been said:

Settle down lads.

Let's get real here. Inside information can indeed be advantageous, but the absolute reality is that Jockey Manager's are, on the whole, too disadvantaged mentally to take advantage of it.

Now, one doesn't wish to get too personal here, but I would welcome the naming of one jockey manager in Australasia who has been able to sustain any semblance of gained material wealth through the punt on their midget management collaborators.

It's a fantasy. 

yep, not illegal knowing what a jockey will do. I have been given many tips over the years from inside the stables, would have lost most of my money. I trust my own advantage, assessment. 

Posted (edited)

Have no idea about wealth, but  can think of one that is certainly not mentally challenged,  Mike Brown would be one of the smartest blokes you could meet on a race track or off.   Sure he selected and won a $ 800,000 pick 6 for small syndicate of friends  one day at Ellerslie.

Edited by Ronaldo
Posted
17 hours ago, Thomass said:

OF course it is pillick 

IT is having access to non public information about a company

If a Jockey Agent knows his Jock will be either riding to different instructions, missed work, injury recovery...

...or up North...a bi carb dose that the Feds aren't testing for

wake up

Its not the same at all. With insider trading you have inside knowledge on a company as well as, on the whole, complete access to all other companies. A distinct advantage.

With trainers and agents, they have exclusive access to information relating to their runner but not complete information regarding every other runner.

Big difference 

Posted

I'm with you Nice Option. It doesn't even resemble insider trading. It resembles having information, the value of which is questionable. Even NSW recognise the information as not necessarily having any value. It's a storm in a tea cup. 

(b) provides either directly or indirectly to any person for any direct or indirect financial or other benefit (regardless of whether such benefit materialises) any tip, or any other information or advice that may influence any person to bet

And I'm with NSW on them being restricted from selling their 'tips'. They should not be able to make money under the idea that they have inside information. I can't see any problem with them using it for themselves should they choose to. They no doubt offer tipping services because they realise the value doesn't actually exist - if it did, it would be worth far more to them to keep it than sell it.

  • Champ Post 1
Posted
20 hours ago, Thomass said:

What a ridiculous statement...

Its internationally accepted practice...Do you want NZ to become a pariah?

Youll find Jockey Agents will become banned world wide now 

They have 'insider trading' knowledge...which is banned on the Sharemarket

Obviously trainers should be the next in the list...

A total ban on betting something other than their stable horse an ASAP red flashing light...

Why ban trainers from betting?  If you start banning them and any other participant that has a connection then you further reduce liquidity in the pools.  

Posted
13 minutes ago, Chief Stipe said:

Why ban trainers from betting?  If you start banning them and any other participant that has a connection then you further reduce liquidity in the pools.  

They are already prohibited from laying their runners - as are jockey agents for horses ridden by the jockeys they represent.

The only part that makes sense is that they can't sell inside information - which should be a rule for anyone.

Posted
18 hours ago, Kihikihi Kid said:

Wow , great timing with the Grace thing going on , got access to the internet on remand have you 

Wow, bet we wouldn't be having all these candle light vigils and other crap, if it was a ugly fat Ukrainian male backpacker .... ;) 

Posted
28 minutes ago, mardigras said:

They are already prohibited from laying their runners - as are jockey agents for horses ridden by the jockeys they represent.

The only part that makes sense is that they can't sell inside information - which should be a rule for anyone.

Yes I agree.  But they can't lay their horses in NZ unless they use Betfair - correct?

Posted
1 minute ago, Chief Stipe said:

Yes I agree.  But they can't lay their horses in NZ unless they use Betfair - correct?

For NZ - yep, as far as I am aware. I don't know if we have that rule here, but it has been a rule in Oz before this change.

Posted

Got to be a good thing for NZ racing surely? Perception is everything in racing , if you don't think it matters then you probably haven't booked a jockey through an agent before.

I think its an appalling look having trackside presenters tipping out horses and chasing rides for their jockeys (so much as they do), not to mention all the garbage that goes on when they give their charges a wrap on TV or radio at every given opportunity.

Posted
11 hours ago, Huey said:

Got to be a good thing for NZ racing surely? Perception is everything in racing , if you don't think it matters then you probably haven't booked a jockey through an agent before.

Perception of what?

11 hours ago, Huey said:

I think its an appalling look having trackside presenters tipping out horses and chasing rides for their jockeys (so much as they do), not to mention all the garbage that goes on when they give their charges a wrap on TV or radio at every given opportunity.

I think this is a separate point. That is leveraging their positions with NZRB and is something NZRB should stop if there is an issue. 

The rules could easily be as simple as not being permitted to 'sell' information not in the public domain.

No paid tipping services or deals for information. Nothing wrong with using it themselves for betting, since with betting there is no way to determine if there is any material value in the information, whereas with 'selling' it, the material value is in what is received for it. The GAIN. And on that point, I agree with part of the NSW approach, although the rule to cover everyone could have been as per what I wrote above.

Posted
11 minutes ago, mardigras said:

Perception of what?

 

The "perception" that punters are being swayed one way from a tipping perspective but the agent may  (I am not casting aspersions at anyone) know something having secured the ride for their rider that should sway their opinion also as a tipping analyst. 

As an example , an agent that has a very popular jockey who can be a bit picky and choosy about rides is offered a number of rides , secures one based on info from trainer then goes on a tipping show and tips out something else , or an agent knows something about a ride but talks up others whilst on TV to move $ onto another horse that isn't the one they may or may not have a had a bet on, that may not happen but it certainly opens up a world of possibility. 

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