HORSEPLOP.COM
General Category => Harness Racing => Topic started by: goblue on May 31, 2018, 01:09:52 AM
-
ECONOMIC INDICATORS ON U.S. RACES
May 29, 2018: $3,434,579
YTD 2018 YTD 2017 % Change
Total Wagered $592,495,135 $592,039,540 +0.08%
Per Race avg. $48,849 $44,828 +8.97%
-
any increase is welcomed news.
-
Only a true degenerate loser could look at those numbers and come up with that conclusion.
Total Wagered $592,495,135 vs $592,039,540 +0.08%
another fool who skipped school on math class day.
-
per race is not total wager? Total wagered change is barely a blip especially given the new IRS rules.
-
WHERE IS THAT FIGURE SOME PLOPSTER SAID IS MOST IMPORTANT?
HANDLE PER HORSE ngc3
-
Per Race Avg. is a better indicator of the economic state of harness racing for a million reasons.
If ya'll are too dumb to see that, it isn't worth arguing over.
-
WHERE IS THAT FIGURE SOME PLOPSTER SAID IS MOST IMPORTANT?
HANDLE PER HORSE ngc3
That was moi.
And if you don't believe handle per horse is important, you certainly do belong.
Oh yeah, ROI is only WIN wagering.
-
Per Race Avg. is a better indicator of the economic state of harness racing for a million reasons.
If ya'll are too dumb to see that, it isn't worth arguing over.
100% agree, and if you break it down even further, the per horse # is quite significant as well.
And we've learned quite recently that nearly 50% of all who choose to "speak" are beyond dumb, so I'm sure 1 in 2 will want to argue or call you names.
-
Thank you Donald for starting to make harness racing GREAT AGAIN
-
Per Race Avg. is a better indicator of the economic state of harness racing for a million reasons.
If ya'll are too dumb to see that, it isn't worth arguing over.
Yeah, it's not though. If it is, list a few instead of making ad hom attacks. Harness Racing is a DEAD FUCKING GAME.
-
Goblue...you couldn't be more wrong. If the state of harness racing was beyond health. There would be no need for slots. If that 48k per a race average and there was no slot program. The PURSE ACCOUNT which FUNDS the races, especially overnight races would get back just 2,000. So goblue you tell me what type of races you would be wagering on. A whole lot of 4k claimer.
Now if your talking about say the Kentucky Derby a race that handled 150mln and a card that handled 227.5mln. That gives you a better indicator for the state of thoroughbred racing. Both increases over last year handle. Just think blue it took nearly 1100 racing cards with probably a average of 11 races in 5.5 months to handle 595mln. It took Churchill 1 card with 13 races to handle 227.5mln. Harness racing is fucking dead to bettors because there betting pools suck. Without slots racing would have 4 or 5 harness tracks and the game would be near death.
-
You are all wrong.
The correct measure is
Total Purses Paid DIVIDED BY Total Foal Crop XYEAR where
XYEAR = Current Year - Median Age of all Horses who ran in Current Year.
That is, of course, the owners perspective.
-
They should only run 100 races per yr.
Imagine how high a % it would be up. ;D
-
I never said I believe harness racing is "healthy," because it's not. That would be a ludicrous opinion. It will likely be nonexistent in the next generation.
I also never said that Per Race Avg. is the best way to gauge the economic state of harness racing. I actually think Avg. Purse/race is the best way to visualize the downfall of harness racing. Instead, I said that Per Race Wagering Avg. is a more informative figure than Total Wagered YTD.
I believe this because when I refer to the "economic state of harness racing," I am referring to the economic state of harness racing TRACKS. Without the tracks for horses to race at, there is no harness racing. Without Hawthorne Racecourse, for example, there is no Illinois harness racing. Without Pompano Park, there is no Florida harness racing. This entire sport revolves around track owners and purse accounts. Seeing an increased Per Race Avg. says one thing: each harness race a track hosts in 2018 is drawing increased betting interest than a race in 2017. It's that simple. As wacky as it sounds, track owners are businessmen. In a business, the popularity of the product you are presenting (a horse race) is the #1 most important thing, and so far in 2018, that product is attracting more interest.
With a declining # of race days, of course Total Purse $ is going to drop (which it actually hasn't), because there are fewer races to bet on! This figure says absolutely nothing about the popularity of the races that are actually run. All it says is that there are fewer races to bet on for the presumptive larger betting crowd compared to last year.
-
what percent of total purses is slow welfare?
-
what percent of total purses is slow welfare?
98.989898765%
-
98.989898765%
ty
-
What % of purses is goes to drug trainers? That's your indicator
-
What % of purses is goes to drug trainers? That's your indicator
lets ask the usta
-
What % of purses is goes to drug trainers? That's your indicator
95%
The clean guys finish 5th.
-
I never said I believe harness racing is "healthy," because it's not. That would be a ludicrous opinion. It will likely be nonexistent in the next generation.
I also never said that Per Race Avg. is the best way to gauge the economic state of harness racing. I actually think Avg. Purse/race is the best way to visualize the downfall of harness racing. Instead, I said that Per Race Wagering Avg. is a more informative figure than Total Wagered YTD.
I believe this because when I refer to the "economic state of harness racing," I am referring to the economic state of harness racing TRACKS. Without the tracks for horses to race at, there is no harness racing. Without Hawthorne Racecourse, for example, there is no Illinois harness racing. Without Pompano Park, there is no Florida harness racing. This entire sport revolves around track owners and purse accounts. Seeing an increased Per Race Avg. says one thing: each harness race a track hosts in 2018 is drawing increased betting interest than a race in 2017. It's that simple. As wacky as it sounds, track owners are businessmen. In a business, the popularity of the product you are presenting (a horse race) is the #1 most important thing, and so far in 2018, that product is attracting more interest.
With a declining # of race days, of course Total Purse $ is going to drop (which it actually hasn't), because there are fewer races to bet on! This figure says absolutely nothing about the popularity of the races that are actually run. All it says is that there are fewer races to bet on for the presumptive larger betting crowd compared to last year.
I see what you're saying but 8% is laughably bad. Per race average is pretty pathetic given A) the state of the economy B) the change in IRS rules. It will only get worse with the passing of Sports Betting. The game is as good as dead. Thanks for expanding on your thoughts at least.
-
How many cancelled cards which would have seen short fields play into this factor? Also with cancelled cards you filled more races taking a race day away. It might not change the dynamic that much but just curious on field size of the average 48k per race then what 2017 average for a field per race.