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-   -   What is Racing's biggest problem? (http://www.paceadvantage.com/forum/showthread.php?t=52294)

ezrabrooks 11-11-2008 12:49 PM

Quote:

Originally Posted by DeanT
When Lehman or AIG go out of business there is still insurance and stock brokerages. There are 52,000 races run in the USA at an average purse of $19000. Cut them in half with people leaving and you have 26,000 races (still the most by far in the world) racing for $38000. $2500 claimers do not race for $38,000. Horse quality will go up.


And what has that got to do with 'never'? That was my point. Yeah, those other firms are tearing them up right now, with the decrease in competition.

So if you cut the number of races in half..the purse structure on the remaining races will be a certain lock to increase to twice the original amount? Are you sure about that?

DeanT 11-11-2008 01:06 PM

Hi EZ,

The racing data seems to say so.

http://cristblog.drf.com/crist/2008/...-perspect.html

Quote:

We run way too many races in this country, and less product would probably not mean a decrease in total betting or purses, given the evidence elsewhere.

ezrabrooks 11-11-2008 02:00 PM

Quote:

Originally Posted by DeanT
Hi EZ,

The racing data seems to say so.

http://cristblog.drf.com/crist/2008/...-perspect.html


Thanks...but I find Blogs like ass holes...every body has one, so what's the point?

DeanT 11-11-2008 02:06 PM

Quote:

Originally Posted by ezrabrooks
Thanks...but I find Blogs like ass holes...every body has one, so what's the point?

That data is the Jockey Club fact book data, which is (I think) the most comprehensive data of world wide racing. We can deduce much of it, imo.

Then again, I just finished Super Crunchers so I am on a data binge.

DeanT 11-17-2008 05:25 PM

Hjack has posted his summary of this thread and some chat about posters here, and racing in general in Part III of his "Why I Left Racing" Series, that is posted on HANAblog.

If you are interested his story is here:

http://blog.horseplayersassociation....-part-iii.html

Zman179 11-17-2008 09:27 PM

I definitely would have hit the "all" button in this poll.

Bruddah 02-01-2011 04:15 PM

Quote:

Originally Posted by Zman179
I definitely would have hit the "all" button in this poll.

The most obvious answer, and not among the choices is, INBRED management which has an entitlement attitude.

fmolf 02-01-2011 06:34 PM

my top 3 is as follows:

1)excessive takeout is the obvious for obvious reasons and is the main reason gamblers have moved to other forms of gambling.

2)too much racing is the reason why fields are short in a lot of jurisdictions.

3)marketing is terrible....new fans need to be turned on to the game ....but they do not make it attractive to younger males....get the young colts to the track on fri and sat night and the fillies will follow.

thaskalos 02-01-2011 07:03 PM

Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.

50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.

Any gambling game with no integrity is doomed to failure.

Bullet Plane 02-01-2011 11:18 PM

Quote:

Originally Posted by thaskalos
Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.

50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.

Any gambling game with no integrity is doomed to failure.

I pretty much have to agree. There is no intesinal fortitude at all in the industry to get it right. By the way, what's the latest on the Life at Ten situation at Churchill?

More head in the sand?

Charlie D 02-02-2011 12:13 AM

Quote:

Originally Posted by thaskalos
Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.

50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.

Any gambling game with no integrity is doomed to failure.


I think it's called, shooting oneself in the foot.

PaceAdvantage 02-02-2011 01:28 AM

Quote:

Originally Posted by Bullet Plane
I pretty much have to agree. There is no intesinal fortitude at all in the industry to get it right. By the way, what's the latest on the Life at Ten situation at Churchill?

More head in the sand?

Gonna have to wait another week:

http://www.bloodhorse.com/horse-raci...eek?source=rss

MNslappy 02-02-2011 02:36 AM

I miss Hajck Hillstrom.

Stillriledup 02-02-2011 04:52 AM

Quote:

Originally Posted by thaskalos
Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.

50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.

Any gambling game with no integrity is doomed to failure.

The after the bell incidents are nothing compared to the money that's pilfered out of the pools by people, who otherwise can't handicap a shred, that have their money "land" on the right horses because they know which horses have illegal drugs and which ones do not.


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