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General Category => Harness Racing => Topic started by: wizardofoz on November 13, 2025, 04:59:22 PM

Title: Saturday night's TVG races at the Meadowlands!
Post by: wizardofoz on November 13, 2025, 04:59:22 PM

Here is a rundown of the eight races, which have purses totaling $2.6 million:

Race 3 – $175,000 FanDuel Open Mare Trot: Breeders Crown winner Warrawee Michelle, Hambletonian Maturity champion Elista Hanover and Dayton Derby winner M-M’s Dream – arguably the best three horses in the division – will go at it in an abbreviated five-horse field.
Race 5 – $175,000 FanDuel Open Mare Pace: With Twin B Joe Fresh sidelined, another standout from the Chris Ryder barn, Miki And Minnie, will go for her 13th win in 15 tries this year as a 3-year-old taking on older foes. She will face Breeders Crown winner Always B Naughty.
Race 6 – $462,000 Goldsmith Maid for 2-year-old filly trotters: Despite finishing third in the Breeders Crown as the 6-5 favorite, Nezuko Kamado S remains the one to beat for trainer Marcus Melander.
Race 7 – $350,000 FanDuel Open Pace: Fresh off his electric 1:46.2 win in the Breeders Crown, the fastest mile in the sport during 2025, Ervin Hanover will look to push his seasonal earnings past the $1-million mark with a victory. After the race, Abuckabett Hanover, last year’s top-rated older pacer, will be retired in a winner’s circle ceremony.
Race 8 – $357,000 Three Diamonds for 2-year-old filly pacers: Superstar Loua Dipa, who will cruise to divisional honors regardless of how things go Saturday, is likely to chalk up another stakes win for trainer Ron Burke, who has the inside track on receiving the Dan Patch Trainer of the Year Award.
Race 9 – $334,000 Governor’s Cup for 2-year colt and gelding pacers: New York Sire Stakes champion Fragment brings his gaudy $582,566 bankroll to The Meadowlands hoping to prove he can compete at the game’s highest level after finishing sixth in the Metro and seventh in the Breeders Crown.
Race 10 – $350,000 FanDuel Open Trot: Does this race offer the most interesting matchup of the night? Probably. Can Periculum, the early-season sensation from Melander, take down Lexus Kody, the Dayton Derby and International Trot winner from Burke, and nose that one out for divisional honors. He would have to for any chance.
Race 11 – $421,000 Valley Victory for 2-year-old colt and gelding trotters: Spencer Hanover pulled off a mild upset in the Breeders Crown, and looks for another big win for Melander. Diabolic Hill was a close second in the Crown for trainer Annie Stoebe.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: wizardofoz on November 16, 2025, 12:37:58 AM
The handle was over $3.4 million tonight!
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: wizardofoz on November 16, 2025, 11:24:24 AM
Total Nightly Handle: $3,444,103.30 which topped last year's total.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: pocketrocketwinner on November 16, 2025, 12:04:14 PM
Very few people are impressed about this 3-post topic.
At this point most know that it's CAW money that you are so happy about.
No doubt Elite took at least some of the pick 6. Congrats again!
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Grandstand Handicapper on November 16, 2025, 12:31:29 PM
Excellent card.....and in the end, four favorites. Still 14 races just comes across as too much, too many, etc. Current landscape unfortunately. I enjoyed the night.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Brown jug on November 16, 2025, 01:16:43 PM
a few decent races, too bad about the weather
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Stan durbread on November 16, 2025, 01:52:10 PM
Very few people are impressed about this 3-post topic.
At this point most know that it's CAW money that you are so happy about.
No doubt Elite took at least some of the pick 6. Congrats again!
No doubt Elite had money in most pools. But they don’t factor in how the horses look in post parade so gave good handicappers some more than fair prices
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: pocketrocketwinner on November 16, 2025, 02:04:32 PM
No doubt Elite had money in most pools. But they don’t factor in how the horses look in post parade so gave good handicappers some more than fair prices

Post parade visual advantages have very very little impact to the CAWs advantages in pick X wagers. Especially the longest ones like the pick 6.

I'll assume you tossed Loua Dipa from all tickets from something you saw in the post parade. Great for you. If you had the pick 6, ill guarantee you that you got paid 10k less  per vase wager than you would have if Elite wasn't in the pool.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Papillon on November 16, 2025, 02:13:26 PM
No doubt Elite had money in most pools. But they don’t factor in how the horses look in post parade so gave good handicappers some more than fair prices


but they do factor in how the horses look on the first turn when they make their bets- --and that's a better look than any post parade will tell you
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: seen2much on November 16, 2025, 03:09:27 PM
No doubt Elite had money in most pools. But they don’t factor in how the horses look in post parade so gave good handicappers some more than fair prices
Doesn't Elite's program notices irregularities? They fire bets based on them too. That would mean in some form they factor in everything.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Stan durbread on November 16, 2025, 04:17:27 PM

but they do factor in how the horses look on the first turn when they make their bets- --and that's a better look than any post parade will tell you
Once again all bets are time stamped. No one is betting after the bell without getting caught
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: stanetelman on November 16, 2025, 07:41:58 PM
The handle was over $3.4 million tonight!

This is why the meadowlands needs a casino.  With these kinds of purses every night Jeff Gural would make a fortune!  tmbz1
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Laag on November 16, 2025, 09:58:10 PM
what the heck happened with Lou Dipa. I know post 10 but she really didnt have any go to pull away at 3/4s...definitely a clunker and tempers the all time great talk considering who beat her.

Diabolic Hill is my bet for the winterbook Hambo favorite
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Kenny on November 17, 2025, 08:46:22 AM
what the heck happened with Lou Dipa. I know post 10 but she really didnt have any go to pull away at 3/4s...definitely a clunker and tempers the all time great talk considering who beat her.

Diabolic Hill is my bet for the winterbook Hambo favorite

Two year old filly from the 10 post parked to the quarter on an off track.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Lockedin with Pace on November 17, 2025, 08:47:38 AM
She had no visible excuse but the other Burke horse who beat her easily was being driven by Dexter for the 1st time and really improved,
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Kenny on November 17, 2025, 12:44:16 PM
She had no visible excuse but the other Burke horse who beat her easily was being driven by Dexter for the 1st time and really improved,

Two year old filly from the 10 post parked to the quarter on an off track.

I would not have been betting her on top.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Pacer 2 on November 17, 2025, 12:51:11 PM
Total Nightly Handle: $3,444,103.30 which topped last year's total.
   GREAT HANDLE!    Despite the negative nancys the sport is thriving!  tmbz1
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Pacer 2 on November 17, 2025, 12:51:59 PM
Once again all bets are time stamped. No one is betting after the bell without getting caught
tmbz1 tmbz1
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Papillon on November 17, 2025, 01:07:58 PM
   GREAT HANDLE!    Despite the negative nancys the sport is thriving!  tmbz1

ECONOMIC INDICATORS ON U.S. RACES
November 16, 2025: $2,152,184
2025   2024   % Change
Total Wagered   $1,206,635,541   $1,317,634,236    -8.42%
Per Race avg.   $39,847   $42,102                           -5.36%
Per Betting Interest   $5,166   $5,413                   -4.56%
Purses   $448,040,975   $454,226,455                   -1.36%
Race Days   2820   2881                                                   -2.12%
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: seen2much on November 17, 2025, 01:59:52 PM
Cumberland Run (Corbin) will not help the economic indicators. A whopping 3-4K bet per race.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Pacer 2 on November 17, 2025, 02:49:23 PM
ECONOMIC INDICATORS ON U.S. RACES
November 16, 2025: $2,152,184
2025   2024   % Change
Total Wagered   $1,206,635,541   $1,317,634,236    -8.42%
Per Race avg.   $39,847   $42,102                           -5.36%
Per Betting Interest   $5,166   $5,413                   -4.56%
Purses   $448,040,975   $454,226,455                   -1.36%
Race Days   2820   2881                                                   -2.12%
  61 less race days!   DUUUUHHHH! ngc3 ngc3 ngc3 ngc3
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Grandstand Handicapper on November 17, 2025, 03:03:26 PM
Statistics don't lie, but statisticians do. How can anyone argue that handle is not down. Pick and choose variables and the numbers can come out any way you like.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: pocketrocketwinner on November 17, 2025, 03:11:28 PM
Gural is on record that the doors are closing if they dont get the casino

They could do 4 million a night every night. They would still close.

He has no meaningful handle on imported signals. The vast majority of the live handle is from adw retail accounts and CAWs.

The current business model doesnt work. Apparently even with the sports business.

The true description of it would be whatever the polar opposite of "thriving" is
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Laag on November 17, 2025, 04:40:38 PM
The Hambo Society better be careful. The Meadowlands and Woodbine are the only tracks that can truly garner interest nationally and with handle. All the peeps love the Red Mile because the farms are there but the handles are atrocious and isnt the place a dump. The Meadowlands is the best track in the world and horsemen should be grovelling for that casino to get it back to its glory...and it will never return to what it was in the 80s and 90s but easily it should be the dominant track
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: The Answer on November 17, 2025, 05:38:05 PM
Gural is on record that the doors are closing if they dont get the casino

They could do 4 million a night every night. They would still close.

He has no meaningful handle on imported signals. The vast majority of the live handle is from adw retail accounts and CAWs.

The current business model doesnt work. Apparently even with the sports business.

The true description of it would be whatever the polar opposite of "thriving" is

Fanduel profits about 300 million a year at the Meadowlands. Best estimates are Gural gets 15% about 45 million a year. He’s making money even with the expense of the racing. Fanduel can exist without racing at the Meadowlands but racing is just a write off on Gural’s tax bill. His threat of closing the track without a casino is just a threat.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Grandstand Handicapper on November 17, 2025, 05:39:24 PM
The Hambo Society better be careful. The Meadowlands and Woodbine are the only tracks that can truly garner interest nationally and with handle. All the peeps love the Red Mile because the farms are there but the handles are atrocious and isnt the place a dump. The Meadowlands is the best track in the world and horsemen should be grovelling for that casino to get it back to its glory...and it will never return to what it was in the 80s and 90s but easily it should be the dominant track

Absolutely agreed. It will never be what it was. It's a very different world today. However, with a casino, and what else Gural wants to do, it can and will be the premier harness racing track in NA.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Papillon on November 17, 2025, 05:59:21 PM
FanDuel's operations at the Meadowlands consistently generate the majority of New Jersey's sports betting revenue. However, specific "profits" for the Meadowlands Racetrack are complex, as a percentage of the revenue is used to cover the racetrack's operational losses and contribute to horse racing purses, rather than being pure profit for the track itself.
Meadowlands/FanDuel Revenue Snapshot (NJ)
Overall Market Dominance: FanDuel, which operates online and a physical sportsbook through the Meadowlands' New Jersey license, is the leading operator in the state's highly competitive market.
Monthly Performance: In January 2024, the Meadowlands (with its three online partners including FanDuel) set a record by surpassing $100 million in monthly revenue.
Annual Revenue (2023): Profits (revenue) for the entire Meadowlands operation from sports betting surpassed $458 million for the year 2023.
Retail vs. Online: The vast majority of revenue comes from online sports betting. For example, in December 2023, online revenue for the Meadowlands was $49.3 million, while the physical (retail) location contributed around $1.8 million.
Racetrack Allocation of Revenue
The financial arrangement is critical to understanding "profits at the Meadowlands":
In 2024, $2.5 million from sports betting revenue was added directly to the horse racing purse account.
An additional $11.5 million was used to cover the operating losses of the racetrack for the year.

Therefore, while the FanDuel-powered operation is a massive revenue generator in New Jersey, the Meadowlands Racetrack itself uses a significant portion of this income to subsidize its horseracing operations, not generating a direct "profit" for the track as a standalone business in the traditional sense.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: The Answer on November 17, 2025, 06:12:12 PM
FanDuel's operations at the Meadowlands consistently generate the majority of New Jersey's sports betting revenue. However, specific "profits" for the Meadowlands Racetrack are complex, as a percentage of the revenue is used to cover the racetrack's operational losses and contribute to horse racing purses, rather than being pure profit for the track itself.
Meadowlands/FanDuel Revenue Snapshot (NJ)
Overall Market Dominance: FanDuel, which operates online and a physical sportsbook through the Meadowlands' New Jersey license, is the leading operator in the state's highly competitive market.
Monthly Performance: In January 2024, the Meadowlands (with its three online partners including FanDuel) set a record by surpassing $100 million in monthly revenue.
Annual Revenue (2023): Profits (revenue) for the entire Meadowlands operation from sports betting surpassed $458 million for the year 2023.
Retail vs. Online: The vast majority of revenue comes from online sports betting. For example, in December 2023, online revenue for the Meadowlands was $49.3 million, while the physical (retail) location contributed around $1.8 million.
Racetrack Allocation of Revenue
The financial arrangement is critical to understanding "profits at the Meadowlands":
In 2024, $2.5 million from sports betting revenue was added directly to the horse racing purse account.
An additional $11.5 million was used to cover the operating losses of the racetrack for the year.

Therefore, while the FanDuel-powered operation is a massive revenue generator in New Jersey, the Meadowlands Racetrack itself uses a significant portion of this income to subsidize its horseracing operations, not generating a direct "profit" for the track as a standalone business in the traditional sense.

So he writes off 14 million off the tax he would have to pay on the Fanduel profit.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: pocketrocketwinner on November 17, 2025, 06:49:05 PM
Fanduel profits about 300 million a year at the Meadowlands. Best estimates are Gural gets 15% about 45 million a year. He’s making money even with the expense of the racing. Fanduel can exist without racing at the Meadowlands but racing is just a write off on Gural’s tax bill. His threat of closing the track without a casino is just a threat.

Are you absolutely sure that you are not confusing revenue with profit?
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Papillon on November 17, 2025, 07:12:05 PM
He is using the excuse of losing $1 mil/month for overhead to cry for a casino when indeed that operating loss of $11.5 mil is paid for by his share of the sportsbook profits..so he isn't losing anything by racing

his whole agenda since he took over was to get a casino and he is just using racing as a perfect cover, pretending and telling everyone that he is a "saviour" of the industry

a true saviour wouldn't threaten to close the doors if he doesn't get his way

a true saviour wouldn't tell The Hambletonian Society to look for another place to race

what he and has been for about a dozen years is a snake oil salesman

he has sold a lot of oil the last decade
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: The Answer on November 17, 2025, 07:40:38 PM
Are you absolutely sure that you are not confusing revenue with profit?

I couldn’t believe it either but they average 70/80
Million a month in revenue.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Papillon on November 17, 2025, 07:48:53 PM
I couldn’t believe it either but they average 70/80
Million a month in revenue.

he has three online partners and that's where most of the revenue is generated

the actual revenue from live on site sports betting is a very small percentage
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: pocketrocketwinner on November 17, 2025, 07:49:32 PM
I couldn’t believe it either but they average 70/80
Million a month in revenue.

I remember reading facts that they do 30M a month in revenue. Figure 350M a year. Thats before operations costs and taxes etc and then gurals cut.

Gural aint making close to 45 stacks IMO
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: pocketrocketwinner on November 17, 2025, 07:52:12 PM
he has three online partners and that's where most of the revenue is generated

the actual revenue from live on site sports betting is a very small percentage

Yes. AI does quickly tell us it's about 30M a month in revenue tied to 3 online platforms and the very small brick and mortar space combined.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: BigMFan on November 19, 2025, 10:51:29 AM
Other than the Meadowlands Pace and Hambo the Meadowlands racetrack is  a ghost town now.  I’d say 90% of the people that go are for the sports book now.  Gural is clearly getting his clock cleaned on operational costs.  There are virtually no young people there even remotely interested in the racing.  I give him 2 more years and if no casino he tries to sell.  Will be interesting to see if anyone is interested in taking over.  I wouldn’t say that’s a lock.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Grandstand Handicapper on November 19, 2025, 11:48:35 AM
I don't think he has to "sell" to walk and get back money. Not sure. Don't care. His deal is his deal. Good for him. He is supposed to want a casino, be profit motivated, and make money. If he didn't make the deal he did, there would be no track, no racing, etc. Everyone can say it would have never happened, never closed, etc., but that's nothing more than wishful conjecture at best, simply to support someone's opinion.
Title: Re: Saturday night's TVG races at the Meadowlands!
Post by: Papillon on November 19, 2025, 12:14:12 PM
Other than the Meadowlands Pace and Hambo the Meadowlands racetrack is  a ghost town now.  I’d say 90% of the people that go are for the sports book now.  Gural is clearly getting his clock cleaned on operational costs.  There are virtually no young people there even remotely interested in the racing.  I give him 2 more years and if no casino he tries to sell.  Will be interesting to see if anyone is interested in taking over.  I wouldn’t say that’s a lock.

he is leasing the property--he cannot sell anything

if the referendum doesn't pass in next Novembers vote--racing could stop in 2027
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