RaceCafe..#1...Tipsters Thread.... Share Your Fancies For Fun...Lets See Who The Best Tipsters Here Are.

Doraemon

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  1. I think a service fee of upto $30k can be easily justified, given the success his progeny is enjoying. With Street Cry now gone, Per Incanto is proving to be a real successor. They should be more selective on the quality of the book of mares, rather than taking a first come first served approach IMO. Must be a very exciting position to be in.
  2. Found the link for the programme replay you mentioned: http://www.racingandsports.tv/weigh-in-part-2-23-2-15-v-15TH#.VO24KPmUeSp Good viewing.
  3. Very well said beerforduncan. I think it is fair to say that most people (the majority in this forum at least) agrees that the JCA panel's decision in the Breeders was wrong. The issue now is how the authorities can learn from it and avoid a repeat of such shocking incompetence in the future. Of course we have to accept that everyone makes mistakes and the decision cannot be reversed now. What is not acceptable is for these people to have their heads so far up their own a*ses that they don't even acknowledge that a mistake has been made, and the belief that they answer to no one. They need to be reminded that although they wear the "hat" of authority, they are in fact servants of the racing public. Who appoints these people to be on the JCA panel? Are they actually qualified to hold these positions and make these important decisions? Where does the Chairwoman of JCA Kristy McDonald come in? I fully agree that any future inquiries are rendered pointless unless the JCA acknowledges their shortcomings in this case. Otherwise, a flip of a coin may be more efficient and palatable for protests going forward.
  4. Now that would be a proper example of conflict of interest. Wouldn't it be amusing if that decision to dismiss protest by "dumb and dumber" inadvertently leads to the opening of a proper can of worms.
  5. I'd strongly suggest checking on who will be on the JCA panel that day before placing any bets though.
  6. Thanks jess. I searched on Google for "Nahema Serena Miss outrage" and it brought me here. In the instance you mentioned, it was the bookie (= broker) who leaked the privileged information (= transaction details) and not the trainer (= CEO/director). I am trying to say that there is no "insider trading" offence committed in the instance you mentioned, as strictly speaking, there was no "insider information" in the first place. I fully agree with you that the bookie was wrong to leak the information, but it only constituted to a breach of client confidentiality that needs to be regulated.
  7. You make a good analogy there jess, but although the two situations are similar, there are some key differences in terms of rules and regulations I think. First of all, in the stock market, I believe when significant persons (CEO, CFO, directors and other employees etc.) buy or sell shares in their own company, they are obliged to declare their transactions to the authorities, who in turn will notify the rest of the market. Their execution broker will be in breach of client confidentiality if they disclose any of the information related to the transactions privately to another third party. If the broker uses this information to trade in the company's shares before the information has been made public, then the broker will be committing an insider trading offence. The main difference here is that trainers are allowed to place bets on their horses without the need for disclosure. Therefore, although the bookie in your scenario has breached client confidentiality by leaking the privileged information, I don't think it can exactly be classified as "insider trading". Conflict of interests and corruption are also areas we can draw comparisons to. Are JCA panel members allowed to place bets on races?
  8. Ha ha! And there I was wondering why they were wearing shades in the inquiry room.
  9. The two who sat on the JCA panel were Adrian Dooley and Richard Seabrook. Are repercussions likely for these two for making such an appalling decision?
  10. "Run this race a hundred times and the other horse still won’t beat Serena Miss..." You won't need to run this race a hundred times. All you need do is to switch the trainers and see how quickly Rogey changes his tune on the protest.