A couple of weeks ago, I proposed the introduction of a proposition bet; betting which driver wins the most races on a particular race card. Now news comes that the Breeders' Cup will be having a Head2Head Jockey bet over the two day thoroughbred championship. As a spokesman for the Breeders' Cup said:
We think it's important to be able to come up with these types of products to stay competitive. The marketplace is going to allow us to move more in this direction in the future.
As much as many of us love the challenge of picking individual horses as well as playing exotics, we need to recognize that there is a significant part of the gambling population that have no desire to handicap races to the extent many current horseplayers do. Proposition bets are the way to get these people involved in horse racing. We need to start offering these types of bets; once we get people interested in racing, then they may gravitate to the serious wagers most of us currently play.