How computer-assisted wagering became horse racing’s insider trading

Bianca Popa

Cash-strapped racetracks are selling out everyday bettors to whales who use algorithms to wager huge sums at friendlier odds. It’s a rigged system designed for the rich to get richer Cash-strapped racetracks are selling out everyday bettors to whales who use algorithms to wager huge sums at friendlier odds. It’s a rigged system designed for the rich to get richer Computer-assisted wagering (CAW) in thoroughbred racing uses algorithms and software to analyze vast data sets on horses, jockeys and