Not exact matches
In fact, over a decade ago, I was told by my peers of the exact same scam, described by neuro - linguistic programming expert Derren Brown of a fool - proof system that could predict the winner of every
horse race around the world, used by Wall Street financial consultants
on unsuspecting prospects to successfully gather millions of
dollars of AUM.
The public knows little of the million -
dollar bets made
on our top
horses by
racing's big syndicates.
The top two executives at the non-profit New York
Racing Association, which operates New York's three state - owned
horse tracks, were fired last week amid allegations they knew the company was collecting more than the legal amount of so - called takeout
on certain bets, costing winning bettors an estimated $ 8.5 million
dollars.
Yet although
horse racing has grown into an international multibillion
dollar industry, racehorse breeding still relies
on the same tools as it has for the past 300 years: pedigree charts, and trial and error.