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Richard Eng - Betting on Horse Racing For Dummies

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Betting on Horse Racing For Dummies by Richard Eng Betting on Horse Racing - photo 1
Betting on Horse Racing For Dummies

by Richard Eng

Betting on Horse Racing For Dummies Published by Wiley Publishing Inc 111 - photo 2

Betting on Horse Racing For Dummies

Published by
Wiley Publishing, Inc.
111 River St.
Hoboken, NJ 07030-5774
www.wiley.com

Copyright 2005 by Wiley Publishing, Inc., Indianapolis, Indiana

Published simultaneously in Canada

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley &Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.

Trademarks: Wiley, the Wiley Publishing logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Dummies Daily, The Fun and Easy Way, Dummies.com and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates in the United States and other countries, and may not be used without written permission. All other trademarks are the property of their respective owners. Wiley Publishing, Inc., is not associated with any product or vendor mentioned in this book.

LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional person should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or Website is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or Website may provide or recommendations it may make. Further, readers should be aware that Internet Websites listed in this work may have changed or disappeared between when this work was written and when it is read.

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Library of Congress Control Number: 2005921869

ISBN: 978-0-7645-7840-3

Manufactured in the United States of America

10 9 8 7 6 5 4

1B/RW/QT/QV/IN

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About the Author

At one point in his life, Richard Eng was on a responsible career path in the banking business. In 1979, he was making $25,000 a year as a shift supervisor for Union Trust Bank in Darien, Connecticut. However, Eng got a higher calling for a job in professional sports. He left Union Trust and accepted an entry-level position in the publicity department of the New York Racing Association. Engs first yearly salary in horse racing $9,000.

Eng worked for the NYRA tracks Aqueduct, Belmont Park, and Saratoga until January 1985. During his six years in New York, he worked on some of the greatest horse races of that era: two Triple Crown near misses in the Belmont Stakes with Spectacular Bid in 1979 and Pleasant Colony in 1981; a walkover by Spectacular Bid in the 1980 Woodward; three of trainer Woody Stephenss record five straight Belmont Stakes wins; six Saratoga meetings, including the historic 1982 Travers where the three Triple Crown races winners Gato del Sol, Alomas Ruler, and Conquistador Cielo squared off but were upset by Runaway Groom.

Eng moved on to the new Garden State Park as the Assistant Publicity Director. Garden State was a showcase racetrack built for more than $170 million in Cherry Hill, New Jersey. That spring, Spend a Buck broke with racing tradition. After winning the Kentucky Derby, the connections of Spend a Buck skipped the Preakness and ran him for a $2.6 million payday in the Jersey Derby. Spend a Buck won the Jersey Derby and Horse of the Year honors.

In future years, Eng served as the public relations director at Turfway Park in Florence, Kentucky, for six years; Santa Anita Park in Arcadia, California, for three seasons; and Arlington Park in Arlington Heights, Illinois, for one year.

During the 1990s, Eng did freelance work with ABC Sports and the Breeders Cup. He also worked four years as a handicapper and writer at Monmouth Park and the Meadowlands. He worked with ABC Sports for seven years on its horse racing and Triple Crown television coverage. Imagine getting paid to attend the Kentucky Derby, Preakness, and Belmont Stakes. In five years working on the Breeders Cup Newsfeed, Eng witnessed the single most amazing score in horse racing history when his co-workers won $3 million in the 1999 Ultra Pick Six.

In October 1998, Eng became the turf editor and handicapper for the Las Vegas Review-Journal. He writes a weekly horse racing column on whats happening in the sport. Every morning in the Review-Journal, his handicap of the Southern California racing card is a popular feature with race book horseplayers and followers over the Internet. In the evening, he hosts the Race Day Las Vegas Wrap Up radio show five nights a week.

In April 2003, Eng elevated the standing of all public horse racing handicappers in winning the $400,000 Championship at The Orleans handicapping tournament at The Orleans casino in Las Vegas. He and his partner, Louis Filoso, won the first prize of $111,680 for the three-day tournament.

Richard Eng has done a lot in the horse industry since 1979. But the one thing hes glad about is he finally won back the $16,000 pay cut he took to get into the horse racing business.

Dedication

In 1979, you had to see the look on my mom and dad when I told them I was making a career change into horse racing. Its a fact that Chinese people love to gamble. But my parents thought their number three son would earn an honest living at the bank. I dedicate this book to my parents, Bik and Chuck Eng, as well as to my siblings, Patty, Elsie, Peter, Kenny, and Nancy. Add to the list my family through marriage: Sandy, my wife; stepdaughters Carrie and Crissy; and the apple of my eye, grandson Christian.

Its taken a lot of hours and late nights of writing to finish, but its been well worth it. The final dedications are to three great friends whove supported me in doing this book, but more importantly, were along for the fun ride its been all these years Don Barberino, Ralph Siraco, and Tom Varela.

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