Author Topic: Vernon Downs Opening Night  (Read 8352 times)

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theokodjak26

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Vernon Downs Opening Night
« on: April 27, 2024, 11:27:08 PM »
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

rainman2

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Re: Vernon Downs Opening Night
« Reply #1 on: April 27, 2024, 11:38:46 PM »
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

The difference is how much slot revenue generates.  See Buffalo Raceway's handle tonight Saturday 4-27-24!

rainman2

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Re: Vernon Downs Opening Night
« Reply #2 on: April 27, 2024, 11:44:57 PM »
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?
 

See race 9--25.4 53.4 to the 1/2 mile for n/w 3500/L5

Will the horses that cut this 1/2 be racing next week?

CMJAnew

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Re: Vernon Downs Opening Night
« Reply #3 on: April 28, 2024, 07:53:52 AM »
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

It’s a losing proposition. But, per the owner’s words; it doesn’t matter. His other NY track handles even less on a per race day/night. And you know what? Again, it doesn’t matter.
Reread It

Papillon

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Re: Vernon Downs Opening Night
« Reply #4 on: April 28, 2024, 11:16:02 AM »
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

They lose money on horse racing--but they must race to keep the slots going

same for Tioga

if they cared about racing-they wouldn't race when everyone else does, but Gural's theory is to create more foot traffic for the gaming side of the business-so they race on weekends

handle means nothing-they could increase handle if they raced on Tuesday and Wednesday nights--but his "foot traffic" would decline

batavia24

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Re: Vernon Downs Opening Night
« Reply #5 on: April 29, 2024, 11:49:21 AM »
Going to VD for 50 yrs Way better than any other harness track in NY People are great there Never had a bad expience there Say what you want but it will be a very sad day when it goes away

SwankToliverA

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Re: Vernon Downs Opening Night
« Reply #6 on: April 29, 2024, 01:17:53 PM »
Going to VD for 50 yrs Way better than any other harness track in NY People are great there Never had a bad expience there Say what you want but it will be a very sad day when it goes away
I'm happy you had a good night, Saturday.

talkstohisself

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Re: Vernon Downs Opening Night
« Reply #7 on: April 29, 2024, 01:44:36 PM »
Vernon is a nice family friendly racetrack, good food decent crowd and competitive racing. The horse that went that big mile looked like he could have gone around again very good conditioning job by his connections.

dinkadoo

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Re: Vernon Downs Opening Night
« Reply #8 on: April 29, 2024, 01:51:09 PM »
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?
for nearly all tracks -- the business model for a harness track is to operate purely for the subsidies given to horsemen to get what owners really want.... Casino's or in Jersey's case, a slice of the pie from casino's in AC...


rainman2

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Re: Vernon Downs Opening Night
« Reply #9 on: April 29, 2024, 02:48:35 PM »
for nearly all tracks -- the business model for a harness track is to operate purely for the subsidies given to horsemen to get what owners really want.... Casino's or in Jersey's case, a slice of the pie from casino's in AC...

Then how come the sport can get old/new owners in the sport with the higher “slot infused” purses??
How many individuals here got into harness racing before ‘slot infused purses’? 
FYI, I got involved in 2004 at Pompano Park [RIP] before slots occurred there.

Stan durbread

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Re: Vernon Downs Opening Night
« Reply #10 on: April 29, 2024, 03:10:44 PM »
I’m guessing you meant “can’t “ get old/new owners involved. Biggest issue is lack of policing the industry. That means getting someone to get rid of the junk.  Guys with major positives need to be removed completely. Also the guys that regularly steal money from owners with the way the invoice. Owning horses or any other animal for sport is risky enough without people feeling like they got cheated.

rainman2

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Re: Vernon Downs Opening Night
« Reply #11 on: April 29, 2024, 05:24:28 PM »
They lose money on horse racing--but they must race to keep the slots going

same for Tioga

if they cared about racing-they wouldn't race when everyone else does, but Gural's theory is to create more foot traffic for the gaming side of the business-so they race on weekends

handle means nothing-they could increase handle if they raced on Tuesday and Wednesday nights--but his "foot traffic" would decline

Food for thought—would Vernon be ‘paradise’ if given the buffalo raceway purse structure??

batavia24

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Re: Vernon Downs Opening Night
« Reply #12 on: April 29, 2024, 05:49:01 PM »
Tioga purses pretty good Go to shithole in Buffalo draw 6-7-8 good luck Morill Kevin inside good luck Race against the many no goods up there good luck Get your horse not to be crippled on that track good luck And most of all don't question any of the stupid things they do Still waiting for someone to give me ONE good thing about that place

Stan durbread

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Re: Vernon Downs Opening Night
« Reply #13 on: April 29, 2024, 05:50:23 PM »
Yes. It is a mile track with a good surface. Much better than a 1/2 with a crap surface if you trying to keep one sound enough to race every week

Stan durbread

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Re: Vernon Downs Opening Night
« Reply #14 on: April 29, 2024, 05:51:30 PM »
Tioga purses pretty good Go to shithole in Buffalo draw 6-7-8 good luck Morill Kevin inside good luck Race against the many no goods up there good luck Get your horse not to be crippled on that track good luck And most of all don't question any of the stupid things they do Still waiting for someone to give me ONE good thing about that place

They only race 1/2 the year

 

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