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07-09-2014, 05:38 AM
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#1
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GARY
Join Date: Jun 2005
Location: Florida
Posts: 1,339
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THE DEMISE OF RACING???
Doubt that will be the issue in Hong Kong.
Blood Horse Quote
The Hong Kong Jockey Club reported a record total handle of HK$101.838 billion for the 2013-14 season, which concluded July 6.
Read more on BloodHorse.com: http://www.bloodhorse.com/horse-raci...s-with-handle-
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07-09-2014, 11:07 AM
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#2
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Registered User
Join Date: Dec 2011
Posts: 4,274
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Quote:
Originally Posted by NY BRED
Doubt that will be the issue in Hong Kong.
Blood Horse Quote
The Hong Kong Jockey Club reported a record total handle of HK$101.838 billion for the 2013-14 season, which concluded July 6.
Read more on BloodHorse.com: http://www.bloodhorse.com/horse-raci...s-with-handle-
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You could have squirrel or hamster races in Hong Kong and they would report a record handle. Gambling is cultural.
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07-09-2014, 12:36 PM
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#3
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Registered User
Join Date: May 2005
Posts: 2,394
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As someone who has never gotten into racing from Hong Kong, what are the pp's like and where do you get them? After all these years you would think I would have looked into HK, just never got around to it...thanks to anyone who can give insight.
__________________
Those with the best knowledge have the best luck !!!
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07-09-2014, 12:55 PM
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#4
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Registered User
Join Date: Sep 2006
Posts: 677
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Quote:
Originally Posted by AndyC
You could have squirrel or hamster races in Hong Kong and they would report a record handle. Gambling is cultural.
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I am afraid there is more to than just " The Chinese like to gamble."
They run a first class operation. Did you read the article? Handle has grown from 60 billion HKD in 2005-2006 to 100 billion HKD for the fiscal year just ended.
That kind of growth didn't just come from mainland Chinese tourists.
Last edited by alydar; 07-09-2014 at 12:58 PM.
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07-09-2014, 01:08 PM
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#5
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,653
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Quote:
Originally Posted by alydar
I am afraid there is more to than just " The Chinese like to gamble."
They run a first class operation. Did you read the article? Handle has grown from 60 billion HKD in 2005-2006 to 100 billion HKD for the fiscal year just ended.
That kind of growth didn't just come from mainland Chinese tourists.
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i couldn't agree more. if racing was run the same way in this country, the handle here would be even more than over there.
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07-09-2014, 02:11 PM
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#6
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Registered User
Join Date: Aug 2005
Location: On The Bay
Posts: 9,857
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Quote:
Originally Posted by lamboguy
i couldn't agree more. if racing was run the same way in this country, the handle here would be even more than over there.
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This is not meant to be sarcastic. How so ? I am really curious what they do so differently than here in the states.
__________________
I wouldn't say I drink too much but my mother did tell me that my first words were" when does happy hour start"?
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07-09-2014, 02:29 PM
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#7
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,446
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They don't have 35 tracks running and only run two days a week.
That helps.
__________________
Who does the Racing Form Detective like in this one?
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07-09-2014, 02:36 PM
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#8
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Registered User
Join Date: Feb 2010
Posts: 1,458
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Quote:
Originally Posted by alydar
I am afraid there is more to than just " The Chinese like to gamble."
They run a first class operation. Did you read the article? Handle has grown from 60 billion HKD in 2005-2006 to 100 billion HKD for the fiscal year just ended.
That kind of growth didn't just come from mainland Chinese tourists.
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the product isn't diluted
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07-09-2014, 02:57 PM
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#9
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Veteran
Join Date: Aug 2005
Posts: 3,428
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Quote:
Originally Posted by RaceBookJoe
As someone who has never gotten into racing from Hong Kong, what are the pp's like and where do you get them? After all these years you would think I would have looked into HK, just never got around to it...thanks to anyone who can give insight.
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Cashmachine was kind enough to provide links because I asked the same question a couple months ago.
http://www.paceadvantage.com/forum/s...9&page=2&pp=15
See posts #17 and #18. When you click the link in #18 click Sectional Time & Position.
Good luck.
Last edited by whodoyoulike; 07-09-2014 at 02:59 PM.
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07-09-2014, 03:09 PM
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#10
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Registered User
Join Date: May 2005
Posts: 2,394
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Quote:
Originally Posted by whodoyoulike
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Thank you and to Cashmachine !!!!
__________________
Those with the best knowledge have the best luck !!!
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07-09-2014, 05:51 PM
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#11
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Registered User
Join Date: Dec 2011
Posts: 4,274
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Quote:
Originally Posted by alydar
I am afraid there is more to than just " The Chinese like to gamble."
They run a first class operation. Did you read the article? Handle has grown from 60 billion HKD in 2005-2006 to 100 billion HKD for the fiscal year just ended.
That kind of growth didn't just come from mainland Chinese tourists.
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By all indications, the HKJC runs a first class operation. But, yes, the Chinese like to gamble. The money bet on soccer games dwarfs the NFL action in Las Vegas. There are substantial increases in all forms of gambling. If it were just horse racing then that would be a completely different story.
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07-09-2014, 05:59 PM
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#12
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Registered User
Join Date: Dec 2011
Posts: 4,274
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Quote:
Originally Posted by Tom
They don't have 35 tracks running and only run two days a week.
That helps.
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Of course you are talking about an area of roughly 35 square miles. Really hard to compare just because of the geography, population density and culture.
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07-09-2014, 08:50 PM
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#13
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Registered User
Join Date: Sep 2006
Posts: 677
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Quote:
Originally Posted by AndyC
Of course you are talking about an area of roughly 35 square miles. Really hard to compare just because of the geography, population density and culture.
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I agree that comparisons can be misleading due to some of the reasons you have stated. However, there are things US tracks could learn from their operation. Dismissing their success to cultural and geographic differences alone just dose not tell the whole story.
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07-09-2014, 08:57 PM
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#14
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,653
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Quote:
Originally Posted by CurtisontheBay
This is not meant to be sarcastic. How so ? I am really curious what they do so differently than here in the states.
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its actually pretty simple, they give the bettors what they want. very rigid rules and regulations, owning horses there is a an honor. any injury small or large is a public matter. if you get caught using drugs you go to jail. the betting pools are strictly policed at all times to make sure that there is no one getting in after the start of the race.
owner's can only own 2 horses, trainers are limited in the amount of horses that they can train as well. they have a very common sense approach to the sport.
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07-09-2014, 09:22 PM
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#15
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Registered User
Join Date: Aug 2007
Posts: 7,510
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The Japan Racing Assn's rules read like War and Peace..You screw around there and it's curtains.
That country also sees horse players betting with both fists.
I have a friend whop went to Tokyo and one other city for business. The President of the company, A Japanese of course, took the lot of them to the track for an evening of entertainment.
My friend told me he expected what he was used to in Chicago( Hawthorne, etc) ,,,He said the place was like a palace.
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