Does inside information in Horse Racing Exist? If it does exist one way it could be stamped out is by limiting the size of bets that can be laid late before a scheduled race starts. Given that smart (inside) money, if it does exist, will be laid large and in the last few seconds before a race starts, why don't Governments mandate that any bet over say $1000 must be placed at least 30 seconds or a minute before scheduled start time? If inside information does exist this simple action would help to neutralise it. Any comment?