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11-09-2017, 04:08 PM
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#1
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
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what happened to the handle at Churchill
i used to remember Churchill doing close to the same business as Aqueduct did not that long ago. they don't do $100,000 in the win pool these days, they used to handle a lot more
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11-09-2017, 04:45 PM
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#2
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Top Horse Analytics
Join Date: Mar 2013
Location: Las Vegas, NV
Posts: 12,303
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Quote:
Originally Posted by lamboguy
i used to remember Churchill doing close to the same business as Aqueduct did not that long ago. they don't do $100,000 in the win pool these days, they used to handle a lot more
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It couldn't be that the increased takeout is wearing down the bettors, is it?
http://www.drf.com/news/churchill-do...-takeout-rates
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11-09-2017, 08:40 PM
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#3
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,805
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The racing sucks!
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WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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11-10-2017, 12:58 AM
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#4
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,642
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Quote:
Originally Posted by lamboguy
i used to remember Churchill doing close to the same business as Aqueduct did not that long ago. they don't do $100,000 in the win pool these days, they used to handle a lot more
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Churchill never did "close to the same" business as Aqueduct...where are you getting this from?
Even looking at charts from 2015 bears this out...WPS pools, AQU was regularly doing 20-30% more handle...consistently
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11-10-2017, 06:10 PM
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#5
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Out-of-town Jasper
Join Date: Nov 2009
Posts: 2,364
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Quote:
Originally Posted by JustRalph
The racing sucks!
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But the betting is good in autumn.
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“If you want to outwit the devil, it is extremely important that you don't give him advanced notice."
~Alan Watts
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11-11-2017, 07:27 AM
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#6
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Registered User
Join Date: Sep 2006
Posts: 1,526
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I can't answer the question but I can tell you that in Canada, CD is no longer in the main DRF....if you are buying the Form and want CD you must buy the extra edition......
Here's the line-up of tracks in the Form today (Sat Nov 11)
WO
AQU
LRL
GPW
DMR
HAW
To my way of thinking CD not being published is one of those "Huh?" moments.
__________________
For 'tis the sport to have the engineer. Hoist with his own petard.
How can the small player compete against whales, bots and rebates? Fixed Odds!
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11-11-2017, 11:01 PM
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#7
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Registered User
Join Date: Dec 2002
Location: ARIZONA
Posts: 2,145
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If you were to eliminate the Derby, what do they have?
__________________
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My posts & letters & avatars & whatever reflect solely my own world view- Born in 1948 and never an I.C.E. visit
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11-11-2017, 11:03 PM
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#8
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,915
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Quote:
Originally Posted by betovernetcapper
If you were to eliminate the Derby, what do they have?
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Thank you.
Oops. Wrong thread.
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11-13-2017, 11:00 AM
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#9
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Registered User
Join Date: Jul 2006
Location: Toronto
Posts: 4,962
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It's amazing how much Churchill does in the one week, versus the entire year on their handle.
From the numbers I have , last year they did about $260M Derby week, and $266 million the rest of the year.
Ten years ago they did about $200M Derby week and well over $400M the rest of the year. Their handle per race outside Derby week has fallen by over a third.
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11-13-2017, 06:44 PM
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#10
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Registered User
Join Date: Nov 2014
Location: Missouri
Posts: 2,190
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Quote:
Originally Posted by DeanT
It's amazing how much Churchill does in the one week, versus the entire year on their handle.
From the numbers I have , last year they did about $260M Derby week, and $266 million the rest of the year.
Ten years ago they did about $200M Derby week and well over $400M the rest of the year. Their handle per race outside Derby week has fallen by over a third.
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but increasing the take doesn't affect handle per askinhaskin
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11-13-2017, 06:46 PM
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#11
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Registered User
Join Date: Nov 2014
Location: Missouri
Posts: 2,190
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Quote:
Originally Posted by therussmeister
But the betting is good in autumn.
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I agree, you can get good prices there. It runs to form or it suits my handicapping style-not sure which one. Just wish they would lower the take, preferably, back below where it was and handle will increase
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11-13-2017, 08:02 PM
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#12
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Registered User
Join Date: May 2011
Posts: 22,652
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there are some rebate shops that do not offer them anymore (contract?)
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11-13-2017, 10:23 PM
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#13
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Registered User
Join Date: Dec 2008
Posts: 946
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Quote:
Originally Posted by DeanT
It's amazing how much Churchill does in the one week, versus the entire year on their handle.
From the numbers I have , last year they did about $260M Derby week,
Ten years ago they did about $200M Derby week.
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It'd be interesting to know are how much non-wagering revenue (ticket sales, suite rentals, food & beverage, etc.) did they take in Derby week? And Derby week ten years ago.
My guess is it would show that CDI’s focus & energy are centered more around increasing the non-wagering revenue, of which a much bigger chunk ends up on the bottom line.
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11-14-2017, 11:34 AM
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#14
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Registered User
Join Date: Jul 2006
Location: Toronto
Posts: 4,962
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Quote:
Originally Posted by Cholly
It'd be interesting to know are how much non-wagering revenue (ticket sales, suite rentals, food & beverage, etc.) did they take in Derby week? And Derby week ten years ago.
My guess is it would show that CDI’s focus & energy are centered more around increasing the non-wagering revenue, of which a much bigger chunk ends up on the bottom line.
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Their takeout increase helped the big day, no doubt. And signal fees have increased revenue as well.
Of course - and this is not talked about much - when CDI raises their signal fee for their big days, so does NYRA for theirs/Pegasus Cup etc - so it shuffles some revenue around.
I think they've done a great job with the Derby. But I hate they raised takeout for the other days a year. That just grinds bankrolls down and hurts the everyday player in the long run.
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11-14-2017, 06:06 PM
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#15
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by DeanT
Their takeout increase helped the big day, no doubt. And signal fees have increased revenue as well.
Of course - and this is not talked about much - when CDI raises their signal fee for their big days, so does NYRA for theirs/Pegasus Cup etc - so it shuffles some revenue around.
I think they've done a great job with the Derby. But I hate they raised takeout for the other days a year. That just grinds bankrolls down and hurts the everyday player in the long run.
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What do they raise their signal fee to for the Derby? How much is bet on track and off track?
The figure a couple years ago floated about was they make $100m on the Derby (or thereabouts, could include Oaks too).
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