Hosted by Cindy Dulay (CindyDulay)
This is a place for friendly and civil discussion of horse racing of all types including handicapping.
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3/14/20
$165 million was bet on THE race last year. Huge hit financially if its an empty venue.
3/15/20
Curious and uniformed am I. If tracks remain open but do not allow spectators, doesn't revenue from bettors and other track-offered items (concessions, etc.) suffer immeasurably?
How can they continue to run? Is there enough off-track revenue to justify remaining open and running?
Please enlighten me. I'm certain you have answers. :)
3/15/20
Q: Curious and uniformed am I. If tracks remain open but do not allow spectators, doesn't revenue from bettors and other track-offered items (concessions, etc.) suffer immeasurably?
×Purse monies are generated for the most part via Casino revenues.
× Yes attendance generates income beyond including hotel and casino at many tracks. Attendance at many tracks beyond weekends has been lacking for years. Like NY..Big A, Belmont low, Saratoga resort area..booming..
×Track handle/bets taken at the track do not require a commission as in taking simulcast.
How can they continue to run? Is there enough off-track revenue to justify remaining open and running?
Simo with the advent of computer/cell phone betting is now substantial.
The Derby especially gets ton of off track action.
On March 14 a PR release from Ch Downs was still a cautiously optimistic Go. March 15, people like Bob Baffert say there is talk among Derby connections to move to latter date.
3/16/20
DogsUp said:How can they continue to run? Is there enough off-track revenue to justify remaining open and running? Simo with the advent of computer/cell phone betting is now substantial.
I've been watching races the past weekend on cable TV, and wondered the same thing myself. The payouts are posted just as usual after each race, and seem normal enough that there is a substantial amount of money in the pools. But where is it coming from, if all the tracks, casinos, and presumably OTBs are getting closed down? I guess there is a lot of phone betting going on.
3/16/20
Hey Dogs.Growing up in Ireland , we always left whiskey and plum pudding for Santa.I guess he was trying to sober up by the time he hit the US,so the milk might help.
3/16/20
Maybe Derby runs late, but NYRA runs the Belmont Stakes at sister track Saratoga which would already be running their dates. Churchill would run a five day card into Derby.
Preakness perhaps share the spoils with a track running their dates two weeks after Derby make up date.
Belmont Stakes would have the exception of not run on 2 turn mile + half course.