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๐ ๐ฅ๐จ๐ซ๐ข๐๐ ๐๐จ๐ฏ๐๐ซ๐ง๐จ๐ซ ๐๐จ๐ง ๐๐๐๐๐ง๐ญ๐ข๐ฌ ๐๐จ๐๐ฌ๐ง'๐ญ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐ฅ๐จ๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฆ๐ฉ๐ ๐๐๐ฒ ๐๐๐ฒ๐ฌ ๐ญ๐จ ๐๐๐ฅ๐๐ข๐ ๐ก... But admitted that the Rays' stadium funding situation is at an impasse. โ๐ ๐ญ๐ก๐ข๐ง๐ค ๐ญ๐ก๐ข๐ฌ ๐ก๐๐ฌ ๐ ๐จ๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ ๐ญ๐จ ๐ ๐ก๐๐๐ ๐ฉ๐ซ๐๐ญ๐ญ๐ฒ ๐ฌ๐จ๐จ๐ง, ๐จ๐ง๐ ๐ฐ๐๐ฒ ๐จ๐ซ ๐๐ง๐จ๐ญ๐ก๐๐ซ,โ With NC's stadium funding plan making national... show more
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![Prediction markets are creating some really strange incentives. As I was watching the โWill Ronaldo cryโ market after Spain beat Portugal, my first thought was *What if someone was at the game, at a seat with a relatively decent view and close to the pitch, with their phone [phone with top end camera capabilities for arguments sake] and remained zoomed in on Ronaldoโs face while he remained on the pitch [yes he turns around but then I thought maybe you could have 2/3 of you at the game, in on it in different areas of the stadium] ****donโt take this market so literally, volumes werenโt massive [$1.4m+], itโs a stretch some of these arguments, but in lay man market terms, youโre creating edge. $ wise, r/r of actually trying the idea, just donโt look at that, rather the new dynamic of โgamblificationโ specific prediction market markets have created**** As we know, being there is 2-5 seconds quicker than live broadcast, so thatโs the edge youโre trying to attack. On top of that, you can also try to โinfluenceโ the outcome. There are numerous examples that came to mind, the main theme still remains that you need *access*, but all are possible: 1. Youโre the pitch-side presenter. Turn the interview into a tribute to their career instead of talking about the match - Ronaldo is still on the pitch, bet is valid. Takes 1 minute to research a game for Portugal that might trigger Ronaldo to cry. 2. Youโre the stadium announcer. Give an unexpected speech thanking Ronaldo for everything heโs done before he leaves the pitch. Sure, requires official approval, logistically tougher, but possible. 3. Youโre the stadium DJ. Play a song closely associated with his career while heโs still on the field. Like in 1., takes 1-2 mins to ask an LLM if there is a song or something closely associated with Ronaldo. 4. Youโre a TV producer. Keep the cameras on his family and replay emotional moments while heโs waiting for the interview. 5. You have access to his family. Encourage them to come onto the pitch immediately after the final whistle rather than waiting in the tunnel. This requires a lot of access, but whatโs stopping someone pushing the kids/wife onto the pitch a little more aggressively, even if they donโt want to. [mostly preplanned, but again, possible] 6. You have premium seats beside the tunnel or family section. Hold up a personal sign where heโs actually likely to see it before leaving the field [if in premium seats, given this market, unlikely itโs fully worth it - you get the idea] 7. Youโre a former teammate or coach with pitch access. Make a point of finding him after the final whistle and saying something personal before he walks off. Requires immense access, participant likely doesnโt bother, but again, itโs possible There are loads more. None of these guarantee an outcome, and most probably have little effect. But, like the recurring theme here: itโs all possible. As always, waiting for the retarded comments, but just think. As always with some long form posts, just rambling. This is just the YES side, thereโs also another whole story for the NO side.](https://image.24vids.com/tw-2074248039343243677/amplify_video_thumb/2074247970988421120/img/yzkFEn8KRH6WlIRk.jpg)
![โก Brant โ Fast, Expensive, and Worrying In a recent 2yo MSW race at Santa Anita, Brant, a $3m OBS March sales purchase, made a winning debut for his high-profile connections. Sent off at odds of 4/5, he tracked the pace before taking command on the turn, and drew off to win by 5 1/4 lengths. He recorded a very fast raw time, and a 101 Beyer figure. His high auction price was due largely to his having breezed an eighth of a mile in :09 3/5 at OBS. In the wake of the bidding, Amr Zedan, who purchased the colt on the recommendation of his trainer, Bob Baffert, and bloodstock agent Donato Lanni, was quoted in TDN as saying: "These horses are difficult to come by. He ticked all the boxes. He was a very precocious Gun Runner with a great pedigree. And more importantly, if you have someone like Mr. [Bob] Baffert in your corner, that gives you the courage and the guts to just go after quality. And you'll know they are in the best hands to turn them into champions. This one is for the team: Donato and obviously Bob and his ability to turn them into champions. So if you have the great team, the great training, the rest is easy. Was he pricey? Yes. But quality dictates price. So I never hesitated.โ The hyperbole, and boilerplate optimism, are understandable, as even owners with very deep pockets prefer not to dwell on their inevitably long lists of expensive failures. But Zedan and their team have also enjoyed a number of high-profile successes, including Taiba, another Gun Runner colt, which won the Santa Anita Derby and the Malibu, both Grade I, before being retired to stud. Lanni, who has signed for at least some of Zedan's other good horses, was quoted as saying: "This is what the boss [Baffert] wanted and what Amr wanted. Gun Runner is a tremendous stallion and he worked really good and galloped out good. He did everything you want one to do.โ Again, boilerplate, and if one were to take the reactions of the owner and agent at face value, it would be easy to arrive at the conclusion that the horse had no faults. But that would be naรฏve. So, let's first take a look at Brant's pedigree. Gun Runner is a "top" sire, and well-capable of getting high-class runners. It's a bit too early to fully judge him as a source of durability, but excluding his current crop of 2yos, his runners are only averaging 10 career starts. That number will rise, but likely not enough to reach, let alone exceed the contemporary industry average of ~15. In other words, though he himself raced 19 times, and won his swan song (the Pegasus World Cup) at five, there is no evidence to suggest that he is likely to eventually prove to be a particular source of durability. Brant's dam, Tynan, raced 13 times, and he is her first registered foal. His second dam, Pappascat, has produced at least five foals to have raced, and while only one has reached 20 starts, four of the five raced at least 12 times, which by today's degraded standards, isn't so bad. The fact that the coat color inherited by Brant, and his dam, can be traced to a notably unsound influence, Unbridled's Song, may or may not be meaningful. But I wouldn't ignore it as a potentially worrying connection. Brant's dam-sire, Liamโs Map, was lightly raced himself, and both his sire (US) and dam have poor records in terms of durability. As a sire, he has thus far produced numbers similar to Gun Runner. So while Brant's first two dams promise more than many that I have come across in similar assessments, and his sire displayed durability on the track, his overall pedigree suggests average durability at best. And what about the word that Mr. Zedan used twice in the above quote โ "quality"? Well, Curlin is a quality sire, but in terms of bottom-line production, it leaves a lot to be desired. That's not to say that there are no good runners to be found, in fact the closely related Pappacap, under Brant's second-dam, was a Gr. III winner, and twice Grade I placed. However, through Brant's first six dams at least, I believe there to be just a single Grade I winner, Al Qasr, a Champion stayer in Peru, which appears under his fourth-dam. That is not, by any reasonable definition, a strong bottom-line, although it is fair to say that Brant's first dam is unproven. *** What might be learned from Brant's debut race? Everyone can see that he ran fast, and was much the best of that field, but I would say that there were some nuanced aspects of his performance that were both interesting, and worrying. Those nuances relate to his action, as viewed both through the pan shot, and head-on. Watching the basic (pan) view, Brant appears to display some "knee action". It isn't extreme, but also isn't the type of action that ideally suits dirt runners, and I wouldn't say that the colt appears totally comfortable. Here's a brief, related post on knee action, for reference: Then, we have the (embedded) head-on view, in which Brant displays seriously distorted action in his near-fore (left front leg; right when viewed head-on). It's a fairly extreme example of what is called "winging", and for a number of reasons, does not bode well for durability. Such action is never desirable, and is typically related to certain foreleg conformation flaws, which may include an offset knee, and/or toeing in or out, etc. Note also that under typical American racing conditions (i.e. tightly turning, left-handed tracks), the left front leg is subjected to the greatest torque, which amplifies the potential for injury. It should go without saying that there are occasional anomalies, horses with poor action that remain sound despite such flaws. But they are the exceptions, and it is not uncommon to find abbreviated careers associated with such action. For further reference, here is a link to a closely related post that I wrote after a filly named Amor Fati broke her maiden in eye-catching style in February of 2024. She has made just one further start, and hasn't recorded a work over the past 15 months. What's interesting about Brant is that there are two separate issues relating to his action, and that the some obvious mitigating steps that could have been, or should be taken, in efforts to keep him sound, were not, and are unlikely to ever be taken. First, with regard to his knee action, keep in mind that it is a characteristic that is more typically associated with turf horses. And guess what? Brant's dam was a turf horse. His second-dam was also at her best on turf, and was Gr. II placed on that surface. Also, in some respects, he physically resembles that female line more than his sire. Of course no one who spends millions on a horse that breezed exceptionally fast at a 2yo sale would be thinking "turf", given that the commercial market, and stakes schedules greatly favor dirt runners. But at the same time, it would be a mistake to assume that a fast breeze at OBS necessarily indicates that a given horse will be best suited to dirt. I say that partly because the OBS track features an all-weather surface called "Safetrack", which is far from being identical to dirt racing surfaces. While countless horses have gone through those sales and excelled on dirt, it should never been taken for granted that it will be a preference. And to further flesh out the point, take a look at Brant's breeze video through this link (his pedigree page can also be seen): Despite being rushed to cover a furlong much faster than he ever will again, I would say that he looks smoother, and displays slightly less knee action than in his recent debut race. Why? Could it be, perhaps, because he would prove more comfortable on turf and/or synthetic tracks, than dirt surfaces? Given how he ran first out, this is purely an academic point, as there is virtually no chance that his connections would consider switching surfaces, unless his form on dirt were to deteriorate badly. The second, more important point, relates to Brant's distorted action. I can't find a head-on conformation photo of the colt, but would be very surprised if he does not display flaws in his near-fore. Even in the very unlikely event that the leg were to appear correct, such distorted action would have been on display at the sale, as well as in pre-training at Eddie Woods' farm. And it defies belief that experienced horsemen who were prepared to purchase an extremely expensive horse for an important client would not have covered that base. Which in turn begs two important questions. First, why recommend the purchase of a very expensive horse, no matter how fast, that has yet to race, and displays such distorted action? Secondly, why choose to give such a horse to a trainer whose style and history suggest that injury risk would likely be amplified, rather than mitigated? The answers to those questions help to illuminate why the breed-to-sell paradigm is so insidious. As long as breeders and stud farms are willing to overpay for stallion prospects, and turn blind eyes to conformation defects, distorted action, lack of durability, and modest female families, the connections of horses like Brant need only hope that they hold together long enough to win one or two big races, enabling them cash in. These are the number of career starts made by Zedan's previous best (and expensive) male runners: 9 Arabian Lion 6 Arabian Knight 9 Muth 10 Medina Spirit 11 Hejazi And as long as the AGSC (American Graded Stakes Committee) continues to enable the paradigm through its dishonest KY Derby "prep" Grade I designations, the ultimately damaging feedback loop will likely continue. The answer to the second question is closely entwined, and should be obvious. For all of his faults as a trainer, Baffert has long produced results in stakes races that lead to valuable stud careers, so owners who wish to play the breed-to-sell game consider him to be a logical choice. Of course Baffert and Zedan are hardly alone in supporting the dubious paradigm. But that a horse like Brant could bring millions at a sale, and be given to a trainer who trains very hard, and has compiled a very poor safety record, underscores the extreme degree to which the value of durability has been marginalized by the industry. One final note, and it's a genuine qualification that I always make when producing this type of post, I hope that Brant will enjoy a long, injury-free career. But if I were a betting man...](https://image.24vids.com/tw-1949810344609665305/amplify_video_thumb/1949807748373262336/img/UxdtjUDx3PoP2gwC.jpg)
