Bookmakers have their own monitoring group which examines wagering on all sports, investigates suspicious wagers and raises alerts to regulatory authorities with whom they have information-sharing arrangements. For the first time ever, they identified suspicious wagering on U.S. races in the fourth quarter of 2020. According to Matt Fowler, Director of Integrity at the International Betting Integrity Association (IBIA), the recent alerts on U.S. races go well beyond just an unusual betting pattern or unexpected price movements. www.thoroughbreddailynews.com/tif-launching-wagering-insecurity-series-beginning-april-13/
“Outsiders” have to alert us that this is happening? Most frequent players had to be wondering anyway. I pretty much assumed that racing authorities were aware, didn’t want to make it public and/or weren’t going to do anything about it since they still get their cut..
Past posting obviously is still happening, and is fairly obvious at times when payoffs dramatically shrink.
As usual, the gambler pays all of the price. There is no sympathy or support anywhere for the player...... just take their $$$ because they are going to lose it or be separated from it anyway