Hollywood Handle Down Big - Page 2 - Horse Racing Forum - PaceAdvantage.Com

ezrabrooks · 12-23-2008, 04:03 PM

Quote:

Originally Posted by PaceAdvantage

17 out of the first 40 days of the Hollywood meet, nobody outside of California could wager on the product.

What do you think caused the big drop in handle? The economy, or the fact that these geniuses cut off the entire country from wagering on their product for almost half the meeting?

Heck no...the Economy couldn't have any thing to do with the decline. No Recession...right PA?

Ez

Cangamble · 12-23-2008, 04:54 PM

They are also down pretty good since they signed the deal.
The economy? Maybe a little. Doesn't explain why handle has been going sideways for years.

DanG · 12-23-2008, 05:01 PM

Quote:

Originally Posted by Cangamble

They are also down pretty good since they signed the deal.
The economy? Maybe a little. Doesn't explain why handle has been going sideways for years.

Handled soared last year during the spring meet in 2007.

http://www.lasentinel.net/Purses-Ave...wood-Park.html

Cangamble · 12-24-2008, 03:31 PM

Quote:

Originally Posted by DanG

Handled soared last year during the spring meet in 2007.

http://www.lasentinel.net/Purses-Ave...wood-Park.html

Maybe this is why it was up last year and down this year:
http://www.santacruzsentinel.com/ci_...e=most_emailed

jballscalls · 12-24-2008, 03:40 PM

i think the credit crunch might have something to do with casinos/tracks being down in business. I know at my family's casino we had quite a number of players who said they were tapped and they couldnt get anymore cash from their credit cards, it was actually kind of sad

joelouis · 12-25-2008, 04:09 AM

Quote:

Originally Posted by Bruddah

I stopped wagering there 3 years ago!

I stopped 6 years ago. Infact I have stopped gambling and it is like being reborn.

joelouis · 12-25-2008, 04:11 AM

Quote:

Originally Posted by jballscalls

i think the credit crunch might have something to do with casinos/tracks being down in business. I know at my family's casino we had quite a number of players who said they were tapped and they couldnt get anymore cash from their credit cards, it was actually kind of sad

The thing that is sad is that people who gamble do not ever win, oh you might have a hit now and then but in the long run you will lose.

lamboguy · 12-25-2008, 05:58 AM

Quote:

Originally Posted by joelouis

The thing that is sad is that people who gamble do not ever win, oh you might have a hit now and then but in the long run you will lose.

of course there are very few people that can beat any form of gambling unless they have some type of edge. i for one cannot win at a racetrack due to the amount oftakeout and after the bell wagering. but there was a time i had an edge and won playing new york tracks before the racing form put the varients in their pulication. i knew an old timer that beat dog racing before they graded the dogs. there are people that can count cards in a casino that win at blackjack and they wind up getting barred from the casino's. i met a guy that claims he bets video poker for a living. i don't beleive it but he says he does. i have never heard of anyone hitting a KENO jackpot in lasvegas or anywhere else for that matter, but i do know a guy that hit it 3 times on the same day in canada. on the third time they took the guy out of the place in handcuffs though and he did some time in the pokeY!

PaceAdvantage · 12-27-2008, 01:38 AM

Quote:

Originally Posted by ezrabrooks

Heck no...the Economy couldn't have any thing to do with the decline. No Recession...right PA?

Ez

Another fascinating reply...thanks for that!

ezrabrooks · 12-27-2008, 05:06 AM

Quote:

Originally Posted by PaceAdvantage

Another fascinating reply...thanks for that!

No, what was fascinating was your endless posting of technical reasons for no recession in 2008. The economic downturn has to play some part in decrease in Handle. Get your head out of the sand.

Ez

PaceAdvantage · 12-27-2008, 05:37 AM

Get my head out of the sand...yet ANOTHER fascinating and useful reply. Thanks again!

Keep up the good work....and I hope that your recession forecasting abilities have allowed you to prosper now that the real recession has finally arrived.

Even though I may end up wrong in my opinion on when and where the recession officially began, this "missed call" on my part has not harmed me one bit personally...just to let you know.

I know this is way off topic at this point, but I must ask ezra...how has being "more right" than me in terms of forecasting the recession benefited you personally? I only ask because you keep pointing out the error of my ways...so, you'd think I must have lost out on something (I didn't) while you must have gained in some way....

lamboguy · 12-27-2008, 09:04 AM

i think it is more important to recognise that there is a problem and focus on how to correct it. the whole world has had very weak leaders in the last 20 years, the united states has gone from being the most productive country to one of the least. you can't even blame george bush on that one. these problems have started long before him. we have decided to outsource jobs without replacing them. there is no plan in place that makes any sense on how to get out of our rut. our country is being run as poorly as the horse business is. the people in the horse business have decided that the slot machine is the savior of the game, while the government has figured out that the bailout is the right way to go. handouts do not work! productivity is the only way to go.