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Cheat!

Under Foals Pretenses

Cheat!

Sony Music

True Crime, Tv & Film, Society & Culture

4.81.7K Ratings

🗓️ 7 June 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

For a long time, if you were in America and looking to gamble, you'd head to the racetrack to bet on horses. Maybe sip on some cocktails while you're there too. But that all changed in the mid-'90s--when gambling laws got lax. Suddenly there were more ways for folks to play it fast and loose with their hard-earned cash and racetracks had to find a way to stay afloat. The story of how one private industry managed to rope in billions of dollars in public subsidies. A Somethin' Else production. Exclusive! Grab the NordVPN deal ➼ https://nordvpn.com/cheat Try it risk-free now with a 30-day money-back guarantee! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

So I grew up in a racing household.

0:09.9

Ryan Goldberg is a freelance journalist who's been covering horse racing for the last

0:13.8

20 years.

0:15.2

You can pretty much say, modern horse racing is in his blood.

0:19.6

There were photos from the racetrack all around the walls of my family home.

0:23.7

My dad had been a racehorse trainer before I was born in the 70s and early 80s and

0:29.8

then he left racing all together to take for him what was a more stable job.

0:36.1

Even though his dad left the sport, Ryan remembers spending days with him watching the horses

0:40.0

race.

0:41.0

They live five minutes away from Monmouth Park racetrack in New Jersey and he can still

0:45.5

picture the first race he went to.

0:48.0

The crowds that day were probably 35, 40,000 people.

0:53.0

Ryan was 10 years old.

0:54.6

It was a hot summer day, August 1st of 1993.

0:58.6

And it was a big race, the Haskell Invitational.

1:03.6

They got there early in the morning and there was a real sense of anticipation as the day

1:08.8

were on.

1:09.8

Ryan was excited.

1:10.8

He and his dad waited their way through the large beach trees and found a shady spot

1:15.6

against the track railing.

1:17.6

The race hadn't started yet but the horses were getting ready for the run.

1:22.3

I wanted to get really close to see the horses before the Haskell as the trainers were putting

...

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