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"Development of
Worldwide Betting/Commingled Pools"

Slide 2

A Win/Win Situation

Slide 4

Breeders’ Cup

Wagering System
Architecture

As a result:

Inter-Tote System
Protocol

(ITSP)

Slide 9

Slide 10

Slide 11

Slide 12

WTP

With WTP:

Slide 15

WTP

"Development of
Worldwide Betting/Commingled Pools"

Development of Worldwide

Betting/Commingled Pools

Alan
Marzelli

President & COO, The Jockey Club (U.S.)

End of slide show, click to exit.

"Development of
Worldwide Betting/Commingled Pools"

Development of Worldwide
Betting/Commingled Pools

Alan Marzelli

President & COO, The Jockey
Club (U.S.)

Slide 2

A Win/Win Situation

New distribution channels
opened up

Handle and retained commissions
for host track and off-track site rose dramatically

Increased handle translated
into larger purses for owners

Larger purses attract more
horses

Larger fields attract increased
wagering

Slide 4

Breeders’ Cup

Wagering System
Architecture

Built for on-track wagering

Today: 90% of wagers on North
American races placed elsewhere

As a result:

Lost control of whom was
betting into pools

Delays in transmission     late odd changes

Past-Posting

Store-and-forward transmission
among factors in Breeders’ Cup Pick Six incident (2002)

Inter-Tote System
Protocol

(ITSP)

Provides ability to commingle
wagers

Does not support “Best
Practices”

Business

Integrity

Security

Slide 9

Slide 10

Slide 11

Slide 12

WTP

Supports sending transactional
detail information of the retail pari-mutuel wager to the event-hosting
racetrack

Establishes a “host-in-control”
wagering environment

With WTP:

Live host approves all bets
before they get into the pool

Past posting eliminated

Odds available on demand and in
real-time

Security auditing at a
transaction level possible

Open architecture accommodates
diverse wagering platforms and customer interface devices

Slide 15

WTP

"Development of
Worldwide Betting/Commingled Pools"

Development of Worldwide
Betting/Commingled Pools

Alan Marzelli

President & COO, The Jockey
Club (U.S.)

Click to edit Master title
style

Click to edit Master text styles

Second level

Third level

Fourth level

Fifth level

Simulcast
Outlets

Off
Track Bet Shops

Wagering
pool at

host race
track

Other
Racetracks

Advance
Deposit Wagering

A Win/Win
Situation

•

New
distribution channels opened up

•

Handle
and retained commissions for host track and

off-track
site rose dramatically

•

Increased
handle translated into larger purses for

owners

•

Larger
purses attract more horses

•

Larger
fields attract increased wagering