Monmouth Handle Over $9,000,000

[David-LV]

Monmouth continues to do big business at the Jersey Shore.

Handle for Saturday was $9,053,424.

50 cent pick 5 pool was $169,258 with only a 15% takeout paid $47,932 to 3 great handicappers.

Big fields, Large pools, give all handicappers a chance to make a big score at the Jersey Shore.

Good luck to all on Sunday. :)

_______
David-LV

[Stillriledup]

You don't think those handicappers were just lucky? :rolleyes:

Seriously though, that takes amazing handicapping to hit a bet like this, i'm sure a few bombs came in to make it pay 47 large. I know when i hit something big i want the world to bow down and kiss my toes and tell me it was all skill and zero luck.

Congrats to the winners and to Uncle Sam, who also cashed.

[David-LV]

You don't think those handicappers were just lucky? :rolleyes:

Seriously though, that takes amazing handicapping to hit a bet like this, i'm sure a few bombs came in to make it pay 47 large. I know when i hit something big i want the world to bow down and kiss my toes and tell me it was all skill and zero luck.

Congrats to the winners and to Uncle Sam, who also cashed.

The prices were 12.00/58.40/12.80/8.80/16.00.

Not impossible, but as you said you still have to be a little lucky.

The good thing is that Monmouth is giving you a chance every weekend. to make a score like this on a 50 cent bet.

_______
David-LV

[The_Knight_Sky]

Big fields




Finally the turf course's rail was set back to normal and we got some large
scrimmages on the grass on Saturday. The weather's been great and as long as the grass races stay on, it should be a great summer for business and for the bettors.

BTW: $168,000 for the $1 Superfecta in the 7th race.
What's wrong with that picture :confused:

http://i47.tinypic.com/14dg3sy.jpg

[alhattab]

Finally the turf course's rail was set back to normal and we got some large
scrimmages on the grass on Saturday. The weather's been great and as long as the grass races stay on, it should be a great summer for business and for the bettors.

BTW: $168,000 for the $1 Superfecta in the 7th race.
What's wrong with that picture :confused:

http://i47.tinypic.com/14dg3sy.jpg

Super payout quoted in $1 but it was hit for $0.30

[peakpros]

Big fields, Large pools, give all handicappers a chance to make a big score at the Jersey Shore.

Good luck to all on Sunday. :)

_______
David-LV


6 maidens races out of 12....luck will be surely needed.

[onefast99]

The numbers today will be huge, as fathers day is one of the top 3 days for MP. I'm looking at 16000 for the attendance and 10.2m as the handle.

[fiveouttasix]

Fathers Day is next Sunday, June 20

[Robert Goren]

Fathers Day is next Sunday, June 20:lol: :lol: :lol:

[onefast99]

The numbers today will be huge, as fathers day is one of the top 3 days for MP. I'm looking at 16000 for the attendance and 10.2m as the handle.
Fathers day is every day to me!:)

[onefast99]

:lol: :lol: :lol:
Robert I need your address to send you a gift, this is the first post that you didn't rant about the takeout. Maybe you are really more than one dimensional.:rolleyes:

[alhattab]

The numbers today will be huge, as fathers day is one of the top 3 days for MP. I'm looking at 16000 for the attendance and 10.2m as the handle.

Father's Day with good weather will pull at least 20,000 and probably closer to 22 or 23k. Last year they did almost 19k and the weather was awful.

[onefast99]

Father's Day with good weather will pull at least 20,000 and probably closer to 22 or 23k. Last year they did almost 19k and the weather was awful.
What was last years handle?

[Brogan]

What was last years handle?
Father's Day 2009 was 6/21.

Monmouth handle was $3,215,348
Attendance was 18,802

We know they'll beat the handle...who thinks they will better the attendance?

If good weather, I say yes.

[alhattab]

Father's Day 2009 was 6/21.

Monmouth handle was $3,215,348
Attendance was 18,802

We know they'll beat the handle...who thinks they will better the attendance?

If good weather, I say yes.

I don't think it will be close. In 2008 they had nearly 23k and in 2007 they had close to 24k

[alhattab]

24k+ and almost $7.3 million. Ontrack per capita on Monmouth races $50 or so.

[ronsmac]

The real on track per capita wagering was probably closer to 200 bucks. At most tracks the patrons bet about 3 times more total on simulcast then they do their own live product.

[toussaud]

I know when i go to oaklawn the vast majority of my money goes to gulfstream or santa anita

[alhattab]

The real on track per capita wagering was probably closer to 200 bucks. At most tracks the patrons bet about 3 times more total on simulcast then they do their own live product.

I've never had any insight into the import business number at Monmouth. The only organization I've ever seen publicize it is NYRA, as recently as this past Friday. At NYRA the number they disclosed was about the reverse of your notion- $1 million + ontrack on live racing and another $370k on imports, but at NYRA that is to be expected.

[ronsmac]

I know in Md they started betting more on simulcast than the live product in 1996. Then again who wants to bet MD. I may have exaggerated for a track like Monmouth. I stand corrected , looking at the figures at illinois tracks as an example, on a live day approx 60 percent of the handle was on the live product.

[ronsmac]

Ironically , using Illinois as the same example, at their otb's or intertrack sites, approx 25% is bet on the live product. That's where i got my previous figs.

[Robert Goren]

The real Question is; Are they beating Churchill?

[toussaud]

The real Question is; Are they beating Churchill?
this is a very interesting question.

i usually play 2 tracks a day. I play the socal track religiously, then i pick whatever track is grabbing my attention earlier that day. for a very long time I have just rouintly played churchill then hollywood.

IMHO Monmouth and even arlington are both putting out superior products on a daily basis.

one of the most overlooked aspects of a track is it's jockey colony. a bettor will only wager on a track so long if jockies just keep burning money. you can only handicap so many races.. it's one thing for the guy at the track to yell at the jockey and it's another thing for a handicapper that has cut his teeth to sit and literately see jockeys blow money race after race. at some point

you move on. horse players more than anything want constancy.

And outside of Borel and the 5 pound apprentice they have, that colony is god awful. The fields are short


I think in general horse racings problem is that there are no hard core gamblers running the sport. we can talk about slots and cut racing days and takeout and all that's important, but i'm only going to bet so many races in which for instance the jockey misjudges the wire or drops the whip or keeps getting DQ'ed.

lately i have been playing Arlington park and holly wood, doing quite well at both, for the most part. I would play Monmouth on fridays but it starts too early. I can get done with work, get a good 2 hours in at the gym and come home and still have time to catch Arlington's first which would run right into hollywood friday night.

This is all GOOD. really really good. for the first time that I can remember there is competitiveness in the handicapping dollar. one track is going to have to figure out how to lure bettors back, and another track is going to have to do the same and so on. this makes a better product.

[lamboguy]

that is an interesting way at looking at things. churchill has been doing big business on friday nights on track. the 2 year program this year has not been what it was in the past. calder and deleware park have the bulk of the 2 year old busines this year. 2 year olds are the backbone of any racing product. a trainer that is allowed to have 2 year olds brings other horses to those venues. deleware and calder both offer very kind surfaces to train over, new york does to, but they have had a tough time this year getting the 2 year olds to the gate.with the weather being so hot in florida this time of year you wonder why new york isn't doing more. belmont park is great, yet your big trainers all have their 2 year olds in saratoga or deleware now. they even have a few in monmouth this year because of the money and the way the surface is.

[ronsmac]

Just comparing pools it looks like Monmouth's total handle is crushing churchill.

[The_Knight_Sky]

Just comparing pools it looks like Monmouth's total handle is crushing churchill.




What will happen when Ellis Park takes over the reins in Kentucky? :confused:

[NJ Stinks]

I was at Monmouth the day the Pick 5 paid almost $47,000. While it hurt to hit 4 of the 5 winners and strike out, what hurt more was that Brad Thomas had 28-1 shot Colonial Legacy on top in the program. (One of my two picks in the race finished second to Colonial Legacy. :bang: )

[Market Mover]

Super payout quoted in $1 but it was hit for $0.30


There was an argument to drop the chalk based on previous losing efforts. Cadence King was a logical next option, and keying that in dime superfecta spread tickets would have been the optimal play...but how about that 120-1 shot? What angle could one have come up with? Impossible on paper....

[Rutgers]

I am a little confused about the purse structure at Monmouth Park, hopefully somebody can shed some light on it for me.

Prior to the meet and still on the website, Monmouth was advertising $50 million in purses in 50 days. That would average $1 million per day.

But after 14 dates, or 28% of the meet complete, the average daily purse distribution is nowhere near $1 million. (After 10 days of racing, the average was $767,267 as per the Thoroughbred Times, the last 4 cards would haven‘t changed it to any great extent.)

And there has yet to be a day of racing with a million dollars in purses.

I do understand that the later cards, especially factoring in Haskell Day, can bring average daily purse up a bit, but it seems to me that they are not going to meet $50 million in 50 days. I do realize purse distribution projections is not an exact science (but having handle meet or exceed expectation helps) and $50 million in 50 days is more the marketing department then the accounting department, but they do not appear to be on pace to be anywhere near $50 million for the meet.

What am I missing?

[onefast99]

I am a little confused about the purse structure at Monmouth Park, hopefully somebody can shed some light on it for me.

Prior to the meet and still on the website, Monmouth was advertising $50 million in purses in 50 days. That would average $1 million per day.

But after 14 dates, or 28% of the meet complete, the average daily purse distribution is nowhere near $1 million. (After 10 days of racing, the average was $767,267 as per the Thoroughbred Times, the last 4 cards would haven‘t changed it to any great extent.)

And there has yet to be a day of racing with a million dollars in purses.

I do understand that the later cards, especially factoring in Haskell Day, can bring average daily purse up a bit, but it seems to me that they are not going to meet $50 million in 50 days. I do realize purse distribution projections is not an exact science (but having handle meet or exceed expectation helps) and $50 million in 50 days is more the marketing department then the accounting department, but they do not appear to be on pace to be anywhere near $50 million for the meet.

What am I missing?
Haskell Day will have about $3m in purses. Hopefully they will eventually average $1m a day if they don't use the monies they will have it for next year. Fridays are on the $425k side which is very light but more than last year.

[the little guy]

Haskell Day will have about $3m in purses. Hopefully they will eventually average $1m a day if they don't use the monies they will have it for next year.

You do realize that even if Haskell Day is $3 million in will only add $40K to the daily average.....right?

The rest is neither the reason nor probably true.

[OTM Al]

I thought I saw somewhere the real average was around $850,000 per day. Nothing to sneeze at of course, but then the Saratoga average was I believe around $750,000 last year with fewer races per day, so on the dollars per race average, both meets may be about the same this summer, but I haven't looked at purse structure at the Spa yet this year so I can't swear to that.

[onefast99]

You do realize that even if Haskell Day is $3 million in will only add $40K to the daily average.....right?

The rest is neither the reason nor probably true.
If they don't use the monies given to them this year why wouldn't they use it in 2011? This is the last of the casino supplement and if it isn't used does it go back to the casinos? Do you know where the unused monies go?
Here are the stakes races for Haskell Day: Oceanport 200k, Teddy Drone 150k, Majestic Light 150k, Matchmaker 200k, Lady's Secret 150k, Regret 150k, Haskell $1m, Jersey Derby 150k.
That is 8 races for 2.15m they will have 13 races if the balance of the card are maiden and allowance races they will be 80k per race so the total will be 2.5m for the day(condition book out next week).

[Rutgers]

If they don't use the monies given to them this year why wouldn't they use it in 2011? This is the last of the casino supplement and if it isn't used does it go back to the casinos? Do you know where the unused monies go?


The purse supplement can not be carried forward under the terms of the agreement.

And the purse supplement is being used, about $400,000 a day. The remainder of the daily purses needs to come from the handle. And while the handle is up from last year it is nowhere near enough to support $1 million a day. Hence, the average daily purse of $750,000 per day.(thru 17 days.)

[thespaah]

Finally the turf course's rail was set back to normal and we got some large
scrimmages on the grass on Saturday. The weather's been great and as long as the grass races stay on, it should be a great summer for business and for the bettors.

BTW: $168,000 for the $1 Superfecta in the 7th race.
What's wrong with that picture :confused:

http://i47.tinypic.com/14dg3sy.jpgeasy...most wagers were most likely .10 bets.
The published base payout is based on a $1 wager.