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Jockey’s Tip Plunges Sunday Odds On Hong Kong Horse

by | 02.16.2016 | 6:24pm
Joao Moreira, seen riding at Churchill Downs

A “baffling price anomaly” followed the horse Imperial Concorde to the post on Sunday in Hong Kong, until it was revealed that jockeys Ryan Moore and Joao Moreira may have thrown out a tip on that horse, to be ridden by Moore, and Diego Kosta, Moreira's mount, after a friendly soccer game. The South China Morning Post reported that the tip may have originally circulated on WhatsApp, then on Twitter, prior to the race.

Imperial Concorde opened at odds of 2.2 to one, far above where he should have been based on ability, according to author Alan Aitken. Aitken revealed that “relatively small all-up bets, lots and lots of them taking Diego Kosta into Imperial Concorde, made a major contribution to $5 million rolling into Imperial Concorde's opening odds after Diego Kosta had already won.”

Well, maybe. With a tongue-in-cheek summary of the event, after Imperial Concorde was never a factor in his race, Aitken said: “Naturally, being an impeccable source like Twitter, this was very likely to be true. Or maybe not.” Whatever the reality is, Aitken advises to “never underestimate the power of the jockey's voice,” especially in Hong Kong.

Read more at the South China Morning Post.

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