The two-minute win pool cutoff for computer-assisted wagering (CAW) bets that was implemented at Del Mar Thoroughbred Club over the summer in an effort to stabilize late odds fluctuations won't be in effect when the Southern California track hosts the Breeders' Cup Oct. 31 and Nov. 1, a spokesperson for the championships confirmed to TDN on Thursday.
Back on July 29, in response to growing clamor among non-CAW bettors about the outsized role that CAW players had in driving a spate of marked late odds changes at Del Mar during the first two weeks of the meet, Del Mar president Josh Rubinstein said in a press release that the implementation of the cutoff was “part of an overall effort to ensure an optimal wagering experience for fans on-track, at simulcast locations and those playing via our advanced deposit wagering partners.”
As TDN's Dan Ross reported at the time, the controversy involving CAW players typically surrounds the major edge they wield over regular gamblers because of their use of sophisticated technologies and specialized pool access that allows them to place massive wagers across nearly all pools in the final seconds of betting, as well as the attractive rebates offered to them that are unavailable to the average horseplayer.
Other tracks, like those run by the New York Racing Association (NYRA), have had similar CAW policies in place since 2021.
While Del Mar's cutoff only applies to win pools, (the most visible of all wagering pools), non-CAW horseplayers have hailed the decision as at least a step in the right direction toward mitigating the influence of CAW money.
When Santa Anita Park opened for its fall meet last month, it continued the two-minute cutoff that Del Mar had initiated on the same circuit.
On Oct. 16, when Rubinstein appeared before the California Horse Racing Board (CHRB) to discuss the track's licensure for the upcoming meet, CHRB vice chair Oscar Gonzales asked him if the CAW win-pool cutoff policy would extend into the track's upcoming late-fall meet that includes the Breeders' Cup championships.
“So that will continue for our fall meet,” Rubinstein said. “Related to the Breeders' Cup, that is a decision that they will need to make.”
Considering that the two-day championships are just two weeks away and that such a significant logistical decision had likely already been made, TDN reached out to the Breeders' Cup to get better clarity.
A Breeders' Cup spokesperson replied with the following statement, which was not attributed to any specific Breeders' Cup executive:
“Fortunately, due to the substantial liquidity in our multi-million-dollar wagering pools, the late odds fluctuations that frustrate horseplayers have not been an issue at the World Championships, including last year at Del Mar.
“In addition, the competitive nature of our races–with full fields of the best runners from around the globe–has historically provided recreational players with great betting value and opportunities for generous returns.”
On social media, non-CAW horseplayers have been opining and debating for weeks whether or not the two-minute ban at Del Mar would apply to the Breeders' Cup championships, with some bettors suggesting they might not wager on the races if no cutoff will be in effect.
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