We all hate when we make a bet and horse blows up at start or during race. You can take insurance on your bet in blackjack when dealer shows an Ace. How about a bet where you can insure it in case your horse goes on a break. say a 10.00 win bet you can insure for a small amount and get a refund if horse jumps. Of course odds would change when this occurs, but not everyone would take insurance, so might be minimal.
Allow the tracks to create another pool, they can benefit from the gambler, absolutely not!
Here's the solution...
Close the betting a few seconds before the gate opens.
Every track implements a
Fair Start Pole i.e. Mohawk (needing to move theirs in a lot), and if you break outside of it, the horse is refunded, and other options on multi-leg like post time favorite is given.
Because of the refunds the racing secretary will eliminate historic breakers entering races.
You break and you have to re-qualify twice with no breaks at all.
Insurance is a suckers bet as it can be avoided.