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General Category => Harness Racing => Topic started by: bestbetter on September 17, 2024, 11:19:10 AM

Title: Red mile
Post by: bestbetter on September 17, 2024, 11:19:10 AM

Where do they get all their purse money? Their handles are shit vs. purses..

Title: Re: Red mile
Post by: Grandstand Handicapper on September 17, 2024, 11:32:21 AM

KY racing and purses, for the most part, benefit from revenue received from the historical horse racing machines. The HHR's have been adding to purse monies more every year. Check out the Kentucky Downs thoroughbred meet!!! It's amazing.

Title: Re: Red mile
Post by: Grandstand Handicapper on September 17, 2024, 11:33:08 AM

Also, in the last 40 years, KY racing went from lucrative, to deathbed, back to lucrative again. Especially the KYSS.

Title: Re: Red mile
Post by: racing123 on September 17, 2024, 11:42:21 AM

Hoping the same can happen in Illinois...
It's AMAZING how Kentucky has turned things around...

Title: Re: Red mile
Post by: halfinhalfout on September 17, 2024, 11:50:34 AM

Ironically, the KY horsemen who suffered through some lean times get to watch Burke, Takter,  Alagna and other east coast trainers take 80% or more of that new KY gold.  The large print giveth and the small print taketh away....step right up

Title: Re: Red mile
Post by: Parked on September 17, 2024, 12:13:25 PM

Breeders have always run this business.  With the shipping of semen Ky is open to the world. 
Big deal for trainers to go to Lex sale and big purses so if they get a good horse they skip most of the SS where they train and ship of to Ky.   

Title: Re: Red mile
Post by: Grandstand Handicapper on September 17, 2024, 01:15:49 PM

Aren't the monies from the HHR's considered subsidies?

Title: Re: Red mile
Post by: bello on September 17, 2024, 02:39:27 PM

Kentucky Downs tbreds card maiden races for around 150k. Short meets and they pile the historic racing "slot" money on.

Title: Re: Red mile
Post by: Brown jug on September 17, 2024, 09:33:01 PM

its a beautiful thing