Today Was The Biggest Day In Horse Racing!
 

Now I know bunch of the members on here are old timers. Whom I respect 100%... But I want to give you a 20 age group opinion on the news today.


They ruled today Banning Sports Betting was unconstitutional. This now gives rights to horse tracks to introduce sports betting at the tracks. To conclude this gives Horse Tracks many routes to improve. I'll explain why....

1.) Youth Bettors like myself see a better percentage ROI on sports betting. You can play a lock on a basketball or football game compared to playing a 5 horse field with likely chances the 4/5 shot wins... So introducing Sports Betting is going to bring youth bettors to the horse track. 100% certain

2.) So how do we get them to play horse races? Its simple! We introduce large horse fields(racing secretaries can do this if they get off there ass), screw the 5 horse fields its a losing money fight.
- Introduce More Jackpot Wagers With A Max of $50 wagered on the bet. This gets rid of the whales. Young bettors will wager on bets they see value in(I and My Drinking Buddies Do This; All 20 to 27yo) Take for example Fantasy Sports, Spend $10 to win $500,000....

3.) Get rid of the Live Odds and Probables 10 to 20 minutes before Post. This will get rid of your $2 to $20 bettors betting on the favorite. This will diversify the odds

4.) Make it where you can buy a voucher at the track. Download a app... Enter in a passcode, and upload that money onto an app and wager on your phone. Youth hate waiting in lines.

5.) Keep beer affordable, free programs, free admission


This is the biggest opportunity for the horse racing industry to revive itself to the gamblers... For a long time we have taken care of the horsemen with a welfare logic. These horsemen have no done a damn thing for horse racing. Screw them is my logic here. Take care of your customers

Thanks for reading guys.

Potentially but I think the game is just too bent in America to take off. I see so many shady things happen in a lot of races. The stewards seem to be in on some of it too. There just isn't enough regulation. I think youth bettors would rather bet on basketball, hockey, baseball, football etc.

Just FYI, a lot of tracks already have this under a variety of names - MBet, Digital Link, or FastBet Mobile depending on the tote system being used.

You go to a teller and buy a "day account", and you're given a slip of paper with an account number and PIN. Use that to log into the app (or in most cases, a mobile site with no download needed) and bet throughout the day. When finished, you either take that slip of paper to a teller to cash it out, or put it into a self-serve where it's automatically turned into a voucher.

Tracks generally don't market it much because it does peanuts in handle (even on big days), but it is available. Current patrons simply don't want to use it for whatever reason, but maybe that will change with an influx of younger bettors.

I 100% agree with everything you said... But my theory is this... In present tense when i get off work from coal mines on a Friday Night I'll ride up to Ellis Park and bet on simulcasting and have a few beers. Their is two people in my age group that go with me every Friday night...

Now let's say Sports Betting was allowed... Instead of bringing two people I could bring 10 people. In between a game they see a Race with a $100,000 guaranteed Jackpot. These same sports bettors are going to play that race because they see value..... Also these same people are not going to play an exotic in this case an exacta and spend $4 to get $7 on that exacta. Its a losing proposition. Young bettors are smarter then you think they are.


Need to work on decreasing takeouts.... 25% on average on exotics is highway robbery...


Like we have the doors wide open to improve this sport, but instead of talking we need to do something.

while we are at it can we Eighty-Six juvenile racing and make the DERBY for 4yo's:ThmbUp:

Its unpopular because they don't advertise it. And I'm telling you Sports Betting is going to be huge for Horse Racing. Trust me. Its going to inject a new audience that is badly needed into the sport.

"Youth Bettors like myself see a better percentage ROI on sports betting."

That's pretty funny. This game isn't that hard. You have to pick your spots. If sports betting is perceived as valuable that is pathetic!

There aren't too many "locks" in sports betting. That is what the spread is about; it is the factor that evens things out. The guys making the lines aren't stupid. They know if they aren't sharp, the wise guys will bury them.

How you figure?

You have a 50/50 shot regardless on a sports bet, and with the edge of stats etc its a much better investment then wagering on a horse race + takeout


I mean a parlay bet is much better wager then a Pick 3, 4, or 5 again + takeout

All day long on ROI with sports betting over horse racing...


"This Game Isn't That Hard"? Come on now... In regards to the majority of young horse players you are walking out the door a loser

I think the ruling is fantastic.
Can't wait till I'm able to make a sports bet at my OTB in New York.
I think it's going to pump new blood into the sport of horseracing by bringing in a whole new audience - young and old.

edit - I love the prospect of people crowding into the place with a lot more excitement in the air - more than just horses racing around in a circle with so much dead-time between races.

Denny - a senior player of horses for more than 40 years

You are thinking outside the box! Thank you...

If there was a sports book in your city or close and your favorite team was about to play. Where would you go?

Would you head to the sports book, includes beer and food, and probably with exciting action around you, stay home, or go to a restaurant or bar(no book)?


I'd be heading to the sports book and lay money and kick back in an awesome atmosphere with others rooting on the game.

First I'd lay my bet. Then head to bar and buy two beers... Shoot over and buy a racing program... Find a seat... Watch the game...During commericals Id look at the program for the upcoming race and run to the teller and place a bet...Watch the horse race...When done...Go back to game...Then wager on a horse race or two during halftime.

This is how young bettors would interact at the horse track with a sports book.

There is nothing but positives with this because you are getting them interested in horse racing.

I think its amazing, and find it perfect to get my age group back into it.

Plus instead of drawing in huge crowds for Derby, Preakness, and Belmont. You'd also draw huge crowds during NFL Playoffs, Super Bowl, NBA Playoffs and Championship, World Series, When The College of Choice in Basketball and Football are playing, NCAA Championships, Daytona 500....

Don't forget to adjust the sports book atmosphere to young bettors, because this would be the majority...

I'd love to be running a track with a sports book coming in because you have so many options of driving in revenue with a little bit of marketing and advertising. Something horse racing sucks at.

Bingo! The theory behind sports wagering is many people will come to one area and be rooting for the team they bet on or rooting against the team they bet against and this will cause more people to want to partake. Monmouth Park is looking to create a buffalo wild wings type atmosphere with the ability to wager and offer better food! MP will be rocking once they begin accepting sports wagering.

Agreed! I see no negatives with bringing more people to the track... Regardless you are creating a much more exciting atmosphere which wants people to come back...

How many times do you walk into a track to wager on simulcasting? You see 80% white old men, a few young degenerate thugs asking for money cause they have a big winner today, or the couples that bring their kids with them and let them run wild lol.... That atmosphere makes people stay home...


Having a exciting crowd leaves a lasting memory.

You guys DO realize that sports betting will be allowed at betting outlets OUTSIDE of the track...RIGHT? I mean...a "normal" guy who just wants to place a bet on his favorite team and gulp down a couple of beers won't have to drive out to a track or an OTB in order to get this done.