HORSEPLOP.COM
General Category => Harness Racing => Topic started by: MIKE CAMPBELL on July 02, 2026, 12:53:32 PM
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M1 averages close to 3 million per card. Did M1 average 3 million in the 80's and 90's?????
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Was there CAW in the 80's and 90's?
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Doh...Thought this was a thread about the coach of the US Men's soccer team.
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Was there CAW in the 80's and 90's?
Go fuck yourself retard. Human beings are wagering more now and they are doing it with many more wagering opportunities than back then. Idiots like you forget that horse racing basically had no competition for the wagering dollar.
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Go fuck yourself retard. Human beings are wagering more now and they are doing it with many more wagering opportunities than back then. Idiots like you forget that horse racing basically had no competition for the wagering dollar.
$1 wagered in 1990 = $2.56 wagered today
Inflation
You cant compare 3M handle in 1990 to 3M handle in 2026 without factoring in inflation and CAW
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Go fuck yourself retard. Human beings are wagering more now and they are doing it with many more wagering opportunities than back then. Idiots like you forget that horse racing basically had no competition for the wagering dollar.
tmbz1 tmbz1
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With inflation taken into consideration, a $3,000,000 handle in the late 90's which they had, and today, would of had a $6mil buying power today.
The fact of the matter is Gural is not from the gambling biz and this BigM thing took more than just that, guarantees, and instead he gambled.
Casinos could do this easily, money goes here, then we make ours, bottom line is in the black, they also don't go where there is resistance and if they do they make it worthwhile, have the lobby money power and relationships too.
No casino wanted the BigM and dropped Gural as a partner because the BigM lobby was a failure, otherwise he was a very attractive as a partner to that end.
Gural didn't cause the downfall of racing.
It and even he are overwhelmed with corruption, and bureaucracy, old incestuous racing related relationships that smothered his good efforts with bad, subsidize meaningful with CAW disgruntling his base.
A strong force that bent and caved rather than totally fail, nicely put, he adapted.
None of us agree with everything he's done, he did some stuff not so great too, not "capital crimes" but avoidable, he maybe adapted too well to that environment.
The BigM is not Yonkers, they are a deep disappointment to the non horseman participants.
Tragic. Equal to worse tragedies elsewhere. Death even.
Gural will get what he wants and more importantly needs next year. His NJ enemies will become partners to start, and maybe allies in mutually beneficial situations, but competition, as they take advantage of the NY share before they get wiped out. This will all be moot. The BigM will be restored and as good as ever. The road to that is very tough.
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You guys forgot about rebates with CAW
Another expense.
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M1 averages close to 3 million per card. Did M1 average 3 million in the 80's and 90's?????
The Meadowlands averaged between 2 to 2.3 million per card, during the 80's. As stated earlier, this was before CAW, and Fanduel and Twin Spires. That nightly handle is equivalent to over $5.5 to 6 million in today's money. Isn't Freehold North's goal to handle 3 million a card?With ADW, and CAW that should be Childs play, if it truly was the Mecca.
Sincerely, Silent One
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The Meadowlands averaged between 2 to 2.3 million per card, during the 80's. As stated earlier, this was before CAW, and Fanduel and Twin Spires. That nightly handle is equivalent to over $5.5 to 6 million in today's money. Isn't Freehold North's goal to handle 3 million a card?With ADW, and CAW that should be Childs play, if it truly was the Mecca.
Sincerely, Silent One
I'm not answering for Mike C.
It's obvious that in today's standard of everyone's total handle in comparison to the BigM even with CAW, the BIG M reigns king.
Also is independent of casino in doing so.
Crazy racing for the most part this year but still making the dough.
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Sonny Werblin called it a cash register that financed building Giant Stadium. 3mil a night now twice a week. Full cards of the best racing on the planet, wagering over 2 mil on track five nights a week. PAID parking, admission, tons of concessions, Terraces, Pegasus. Are you seriously trying to compare?
Almost forgot. Base claiming price 20k. Top 150k and it filled. Now five TM68s on a Friday. ngc3
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Sonny Werblin called it a cash register that financed building Giant Stadium. 3mil a night now twice a week. Full cards of the best racing on the planet, wagering over 2 mil on track five nights a week. PAID parking, admission, tons of concessions, Terraces, Pegasus. Are you seriously trying to compare?
Almost forgot. Base claiming price 20k. Top 150k and it filled. Now five TM68s on a Friday. ngc3
And people claimed horses at 150k too!
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$1 wagered in 1990 = $2.56 wagered today
Inflation
You cant compare 3M handle in 1990 to 3M handle in 2026 without factoring in inflation and CAW
There is no such thing as inflation when it comes to gambling. You're not buying a fucking loaf of bread and a gallon of fucking milk. A 2 dollar bet then is the same as a 2 dollar bet now.
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Sonny Werblin called it a cash register that financed building Giant Stadium. 3mil a night now twice a week. Full cards of the best racing on the planet, wagering over 2 mil on track five nights a week. PAID parking, admission, tons of concessions, Terraces, Pegasus. Are you seriously trying to compare?
Almost forgot. Base claiming price 20k. Top 150k and it filled. Now five TM68s on a Friday. ngc3
I won 10K claimers in 1978.
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There is no such thing as inflation when it comes to gambling. You're not buying a fucking loaf of bread and a gallon of fucking milk. A 2 dollar bet then is the same as a 2 dollar bet now.
yep tmbz1
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Talking about money bet amounts and payouts / losses.
Betting and losing $2 in 1999 is the same as losing $4 today.
Winning a $100 in 1999 is the same as winning $200 today.
Additionally and unfortunately in that equality equation we don't live in gambling, it's just a thing in life, it revolves around life, life doesn't revolve around it.
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Talking about money bet amounts and payouts / losses.
Betting and losing $2 in 1999 is the same as losing $4 today.
Winning a $100 in 1999 is the same as winning $200 today.
Additionally and unfortunately in that equality equation we don't live in gambling, it's just a thing in life, it revolves around life, life doesn't revolve around it.
Absolutely not true. I know many huge gamblers from the 80's that bet the same amount now as they did then. They didn't wake up one day and say, hey, the consumer price index is doubled now so I am going to wager 5K instead of my usual 2.5K
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Absolutely not true. I know many huge gamblers from the 80's that bet the same amount now as they did then. They didn't wake up one day and say, hey, the consumer price index is doubled now so I am going to wager 5K instead of my usual 2.5K
Money is not relative to gambling.
Money is relative to its spending power.
Even at the BigM it's down, way way way down.
CAW to even artificially inflate it.
Ask Gural if his bills are the same in 1999 and now.
The cost of labor, marketing, taxes, construction...
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Money is not relative to gambling.
Money is relative to its spending power.
Even at the BigM it's down, way way way down.
CAW to even artificially inflate it.
Ask Gural if his bills are the same in 1999 and now.
The cost of labor, marketing, taxes, construction...
I disagree. The theory of parimutuel is the same then as it is now.
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There is no such thing as inflation when it comes to gambling. You're not buying a fucking loaf of bread and a gallon of fucking milk. A 2 dollar bet then is the same as a 2 dollar bet now.
You are one of the DUMBEST people on this board. Of course inflation matters. Handle is what covers the expenses of operating the track and what funded the purses at one time. A two dollar bet today is worth much less that in the past. Of course handle is irrelevant today from a purse standpoint. All that matters is the government handouts. You call people "shit for brains" but you prove that describes you on a daily basis.
In Pennsylvania, the live wagering handle covers a remarkably small percentage of horse racing purses—typically hovering between 10% and 12%.
The vast majority of the money in the state's purse accounts does not come from the betting windows. Instead, 88% to 90% of PA purses are funded by the slots, specifically through the state's Race Horse Development Trust Fund (RHDTF).
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I disagree. The theory of parimutuel is the same then as it is now.
The handle needed to more than double yesterday without the CAW.
The problem is not that you make a clever compartmentalized argument, you do, smart, but Gural cannot survive without the casino, otherwise his heirs inheritance is going to be bled into the BigM in perpetuity unless he taps or gets his casino, which he'll get next year.
In the interim, the BigM product speaks for itself.
It's not personal Mike, just BigM business. Ask Gural.
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If handle doesn’t rise with the cost of being operational, racing slides further into a welfare state and a larger percentage must be given to stay afloat. I like Mike Campbells posts for the most part, but he is wrong in the sense inflation doesn’t matter. Yes the everyday old guy is betting the same bankroll. That’s the issue. There are less of them around and not many new ones coming onboard. Makes more welfare needed to stay open.
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There is no such thing as inflation when it comes to gambling. You're not buying a fucking loaf of bread and a gallon of fucking milk. A 2 dollar bet then is the same as a 2 dollar bet now.
Im going to exit this conversation right now.
You are into a subject that is way over your head
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You are one of the DUMBEST people on this board. Of course inflation matters. Handle is what covers the expenses of operating the track and what funded the purses at one time. A two dollar bet today is worth much less that in the past. Of course handle is irrelevant today from a purse standpoint. All that matters is the government handouts. You call people "shit for brains" but you prove that describes you on a daily basis.
My post was pertaining to The Meadowlands. Once again you prove how you have no idea about the expenses of operating a racetrack. Listen up mongoloid. Gural is doing MUCH better now than when the Meadowlands was operating in the 70's until the early 2000's. Why? NO BARN AREA!!!!!!!!!! That 3 million he averages when he turns on the lights is worth a hell of a lot more than back then. You're nothing but a retard.
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You are one of the DUMBEST people on this board. Of course inflation matters. Handle is what covers the expenses of operating the track and what funded the purses at one time. A two dollar bet today is worth much less that in the past. Of course handle is irrelevant today from a purse standpoint. All that matters is the government handouts. You call people "shit for brains" but you prove that describes you on a daily basis.
2 dolla 2 dolla last i knew
onlythin now iz payout
5.47 wtf iz tat
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2 dolla 2 dolla last i knew
onlythin now iz payout
5.47 wtf iz tat
2 dolla 2 dolla I luv you looooong time ngc3