The suspicious wagers have impacted some of America’s most storied racetracks, including Churchill Downs. FanDuel owner Flutter Entertainment also operates online horse racing operator TVG, which the company acquired for $50 million in 2009. The glitch only impacted FanDuel Racing accounts. The malfunction led to a slew of cost-friendly bets for customers that have been difficult to track. FanDuel account holders were able to reap the benefits of a glitch that debited balances on the base cost of a wager instead of the total cost of a wager. The probe led to several accounts being suspended following millions being wagered on superfecta and super high five markets. Last week, the sports betting and fantasy operator opened an investigation following suspicious wagers in exotic pari-mutuel betting pools at four racetracks across the country. An online horse racing betting platform has found the source behind a series of suspicious bets.įanDuel has attributed a collection of suspicious wagers to a computer glitch on its horse racing platform, according to Horse Racing Nation.
