Author Topic: Wagering up 8.97% YTD  (Read 11974 times)

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Yonkers1

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Re: Wagering up 8.97% YTD
« Reply #15 on: May 31, 2018, 06:15:28 PM »
what percent of total purses is slow welfare?

98.989898765%
Yonkers now the #1 track in the nation

PIGLAND

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Re: Wagering up 8.97% YTD
« Reply #16 on: May 31, 2018, 06:21:44 PM »

slivercharm

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Re: Wagering up 8.97% YTD
« Reply #17 on: May 31, 2018, 06:45:51 PM »
What % of purses is goes to drug trainers? That's your indicator
gonna start a syndicate betting balmoral, who wants to invest?

PIGLAND

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Re: Wagering up 8.97% YTD
« Reply #18 on: May 31, 2018, 06:49:31 PM »
What % of purses is goes to drug trainers? That's your indicator
lets ask the usta

Superfecta

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Re: Wagering up 8.97% YTD
« Reply #19 on: May 31, 2018, 08:35:20 PM »
What % of purses is goes to drug trainers? That's your indicator

95%
The clean guys finish 5th.

Powerful Patricks Ghost

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Re: Wagering up 8.97% YTD
« Reply #20 on: June 01, 2018, 05:25:13 AM »
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.

horses first

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Re: Wagering up 8.97% YTD
« Reply #21 on: June 01, 2018, 08:03:10 AM »
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.

 

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