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$6K In Vouchers Could Be Available

Published: April 3, 2012 11:20 am ET

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Officials with Buffalo Raceway have announced that the track, in conjunction with Racing and Gaming Services and International Software Services, are awaiting approval from the New York State Racing and Wagering Board for a promotion to give away $6,000 in wagering vouchers in light of the recent incident which saw an extremely low return on a daily double wager.

After an investigation, it was found that a professional horse bettor who resides in Florida wagered $4,328 straight on the winning combination, 4-2. A total of $4,383 was wagered on the winning combination throughout the entire network, including $4 at Buffalo Raceway.

The bettor who made the wager (International Software Services) did so through Racing and Gaming Services and the United Tote Hub in Brooklyn. This company is one of several in the United States that uses computerized selection wagering, looking for overlays --- wagering multi-millions annually on horseracing throughout the country.

In this case, Buffalo Raceway was informed that there was a malfunction in International Software Services’ computer program, and the wager, which was totally independent from other wagers placed on the race, was bet in error by the bettor. Ironically, it won.

For the complete background on the story, click here.

Because of the oddity and subsequent confusion of this wager, Buffalo Raceway, in cooperation with Racing and Gaming Services and International Software Services, and pending approval from the NYS Racing and Wagering Board, will give away $6,000 of wagering vouchers on Belmont Weekend, June 8-10. Complete details will be announced soon.

“It was first thought to spend the $6,000 promotional money on seeding the daily double pool for three consecutive Fridays, but upon further review it was determined that the necessary regulatory approvals and tote protocol could not be obtained in this short period of time,” said COO Jim Mango.

(With files from Buffalo Raceway)


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