By Thomas Chambers
The old adage that before OTBs you had to go to the track to get a bet down on a horse has a huge qualifier attached: legally, that is. Of course, at least for most of the history of horse racing as we know it, it’s always been possible to place bets through a bookie, outside the purview of the track.
Betting off-track has taken two huge leaps in the last 40 years. The first was in the late 1960s when satellite television of racing pictures could be and was beamed to simulcast centers both on- and off-track. In fact, way back in 1968, entrepreneur Merv Griffin had the genius to purchase Teleview Patrol, the nascent satellite service then developing its business of providing racing transmissions to Las Vegas and to the new Off-Track Betting industry. The Griffin Group still owned the service at the time of his death in August 2007.
The second was, you guessed it, the Internet. And especially mass access to broadband Internet speeds. While porn on the internet irritated the people it always irritates, tenets of free speech and expression were basically in place. In the case of gambling, everyone from the state and federal governments to the racing industry itself were befuddled by the capabilities of this new technology.
Posted on February 27, 2009