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05-18-2020, 09:33 AM
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#46
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,822
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Quote:
Originally Posted by classhandicapper
That's with 10s of millions of people out of work and some off track betting and simulcast centers closed. One gets the feeling that if the industry was ever organized properly, the remaining tracks would make a fortune, the horse shortage would go away, they could raise the purse, lower the take, invest in plant, advertise etc.. Not that I haven't been saying that at least once a week for the last decade.
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You and everyone else. It doesn't take a genius to figure out that if you magically closed 50% of the tracks that revenue and field size would go up at the others---temporarily. It's also the only gambling option in town. Reopen the casinos and have the NBA playoffs and the MLB season going and check those handle numbers again.
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05-18-2020, 10:22 AM
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#47
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,610
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Quote:
Originally Posted by castaway01
You and everyone else. It doesn't take a genius to figure out that if you magically closed 50% of the tracks that revenue and field size would go up at the others---temporarily. It's also the only gambling option in town. Reopen the casinos and have the NBA playoffs and the MLB season going and check those handle numbers again.
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The industry has been committing suicide for decades starting with ADWs, on to casinos etc... If the people running things were so smart, we wouldn't keep doing dumb and shortsighted things.
When the industry started taking casino money all the leaders and biggest names in the sport loved the idea. I was screaming that it was a bad idea long term even if created a windfall in the short term.
It never made sense for governments to allow casino profits to subsidize money losing tracks. That kept zombie tracks open and hurt the rest. Closing them would have been better for the rest of industry and better for the government and taxpayers in those states. They could have used that money and those land resources etc.. and put them to better economic use. Even people as dumb as politicians will eventually figure out when on a net basis the subsidies are costing them money. Most of the zombies should be closed.
Granted, the tracks have less competition now. That's one of many moving parts in the handle right now whose impact can't be isolated, but there's no doubt all the zombies should be closed and the rest would benefit.
__________________
"Unlearning is the highest form of learning"
Last edited by classhandicapper; 05-18-2020 at 10:24 AM.
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05-18-2020, 10:27 AM
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#48
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Did racing really get a bunch of new customers betting, or is it mostly current ones with little else to do? I'd lean mostly to the latter.
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05-18-2020, 10:29 AM
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#49
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by classhandicapper
...zombie tracks...
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I love that, going to use it in the future.
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05-18-2020, 10:57 AM
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#50
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,610
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Quote:
Originally Posted by cj
I love that, going to use it in the future.
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I stole that from the telecom industry back in the 2000 bust on Wall St.
A lot of new telecom companies started up during that late 90s period. They weren't profitable, but the money kept rolling in from investors hoping to eventually make a score. When the bubble burst most them went into reorganization and handed the assets over to the bondholders. They continued operating, just without all the debt they accumulated. They were bad businesses, but because they had no debt they were able to cut prices and compete with the remaining good companies. The term "zombie" telecoms was born. The companies that should have been dead were eating market share from the good ones.
__________________
"Unlearning is the highest form of learning"
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05-18-2020, 11:22 AM
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#51
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Registered User
Join Date: Jul 2012
Posts: 971
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Quote:
Originally Posted by cj
Did racing really get a bunch of new customers betting, or is it mostly current ones with little else to do? I'd lean mostly to the latter.
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I'd likewise lean towards the latter. I'm one of them. Lapsed and/or casual fans who have returned to watch and wager on horse racing with so few sports alternatives on TV. I've handicapped more races and placed more wagers in the past 2 weeks than I probably did in all of 2019!
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05-18-2020, 05:07 PM
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#52
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Registered User
Join Date: Jun 2007
Posts: 1,238
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Quote:
Originally Posted by ReplayRandall
You're cracking wise while CDI tried to hamstring horsetourneys after suddenly wanting a huge increase in a "FEE", 3 years ago....You know little of what's going on with this situation and the settlements that were made with other tracks....Derby Wars got walloped and has never recovered their loss of customers.
Horsetourneys is NOT an ADW, they just run tourneys ONLY off of publicly published race results.
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Daily fantasy racing companies are considered closer to ADWs than you think as they need to have agreements with each track or content management company to use those races. This was made clear by the ruling a few years back. They also have agreements for electronic entry and results data.
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05-18-2020, 07:56 PM
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#53
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,861
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Quote:
Originally Posted by cj
Did racing really get a bunch of new customers betting, or is it mostly current ones with little else to do? I'd lean mostly to the latter.
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That and $1200 in their pockets.....
__________________
Who does the Racing Form Detective like in this one?
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05-21-2020, 09:17 PM
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#54
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Registered User
Join Date: Sep 2018
Posts: 10
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Not mentioned here yet but CD has a nice App for Apple TV that shows all the races from CD,Arlington, and FG. And it’s all HD and free! No betting account is even necessary.
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05-22-2020, 06:39 PM
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#55
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$2 Showbettor
Join Date: Dec 2013
Location: The Villages
Posts: 2,578
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Quote:
Originally Posted by Tom
I like Remington Park.
Mon Gal might be racing tomorrow, but seriously, I could not care less. What will she be, 1-9?
Give me a time restricted nickel claimer any day, over most all Grade 1 stakes. I like trainers and riders who NEED to win a purse to eat - gets them out of the gate a lot better and sustains the stretch drive.
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Then I'm surprised you don't like the Churchill card.
Today , races 2 through 6 were claiming races with only one betting favorite winning. Full fields , plenty of shippers, climbers, droppers, shortening-upers, stretching-outers.
Race five was an $8k claimer, field of ten, with an exacta payout of 270-1.
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05-22-2020, 07:11 PM
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#56
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,861
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I am preparing to start playing CD, for pretty much the first time ever, seriously.
Tomorrow will be day 1.
__________________
Who does the Racing Form Detective like in this one?
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05-22-2020, 07:13 PM
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#57
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,610
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Quote:
Originally Posted by Tom
I am preparing to start playing CD, for pretty much the first time ever, seriously.
Tomorrow will be day 1.
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It's a very good card.
__________________
"Unlearning is the highest form of learning"
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05-23-2020, 09:16 AM
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#58
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self medicated
Join Date: Mar 2012
Location: toga
Posts: 3,088
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I’m gonna play Churchill today. I’ve been skipping the place for years other than derby weekend. But it’s the best game in town on Memorial Day Weekend. With little going on, I almost have no choice but the card quality looks good too.
I marvel at how this sport can screw up anything and everything. At a time when horse racing and tracks have an advantage because it’s one of the few sports going and one of the few gambling opportunities around . They continue to bicker rather than maximize the gold. Sometimes I look at this country and think..... you couldn’t make this shit up. Then again, you don’t have to cause it happens for real.
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05-23-2020, 09:43 AM
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#59
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Beat up 💪
Join Date: Jun 2002
Location: Beach life in Fort Lauderdale
Posts: 11,938
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Quote:
Originally Posted by burnsy
I’m gonna play Churchill today..
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The Jockey colony is as good as it gets. Still, Gulfstream has a handful of maiden races with big fields. The Turf course has been lightly used the last week.
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05-24-2020, 08:12 AM
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#60
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GARY
Join Date: Jun 2005
Location: Florida
Posts: 1,339
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CHURCHILL
Need I remind all of you abut the Ky Derby Dq of Maximum Security,
ie, the blinking on what normally would be a reason to DQ a horse
versus the famous injustice several years ago..
I have yet to bet $1 on CD since that date and closed my Twinspires
membership as well; actually enjoy the racing @GP over KY. regardless
of the "blueblood" BS
Last edited by NY BRED; 05-24-2020 at 08:14 AM.
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