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12-09-2009, 03:58 PM
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#1
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Veteran
Join Date: Feb 2006
Posts: 1,599
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Steady Wagering Increases at Woodbine in 2009
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12-09-2009, 04:03 PM
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#2
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velocitician
Join Date: Aug 2004
Posts: 26,297
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Full fields, quality horses trainers and riders.
Suits me fine along with great people at the venue at the Canadian Thoroughbred Hall of Fame, Jockey Club of Canada and woodbine entertainment.
The director of the Hall of Fame just completed his update book on the Queen's Plate entitled "The Plate: 150 Years of Royal Tradition Don Juan to Eye of the Leopard." This was released on December 6th.
oops must give credit to the TWO authors, Lou Cauz and Beverly M. Smith.
I like the 1871 winner's name FLOSS as it reminds me to do the same with my teeth.
__________________
"If this world is all about winners, what's for the losers?" Jr. Bonner: "Well somebody's got to hold the horses Ace."
Last edited by 46zilzal; 12-09-2009 at 04:11 PM.
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12-09-2009, 04:09 PM
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#3
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Registered User
Join Date: Sep 2007
Location: St. Croix, US Virgin Islands
Posts: 489
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Further evidence that we as bettors are POWERLESS because we wont unite. We prefer quality fields with high takeout over crap fields with a low rake. Poly too....
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12-09-2009, 04:12 PM
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#4
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velocitician
Join Date: Aug 2004
Posts: 26,297
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Quote:
Originally Posted by Bochall
Further evidence that we as bettors are POWERLESS because we wont unite. We prefer quality fields with high takeout over crap fields with a low rake. Poly too....
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The polytrack there is UNIQUE to racing: it is formful most days and they tell you how then groomed it daily.
__________________
"If this world is all about winners, what's for the losers?" Jr. Bonner: "Well somebody's got to hold the horses Ace."
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12-09-2009, 04:14 PM
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#5
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Registered User
Join Date: Sep 2007
Location: St. Croix, US Virgin Islands
Posts: 489
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Quote:
Originally Posted by 46zilzal
The polytrack there is UNIQUE to racing: it is formful most days and they tell you how then groomed it daily.
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Maybe WO has figured out customer service and thats what keeps thier biz going well. Nice to know they keep the track grooming updated for bettors. Come to think of it, if others paid attention to the wants of their guests they might see a surge in handle as well...good job WO.
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12-09-2009, 04:20 PM
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#6
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Registered User
Join Date: Mar 2003
Posts: 1,572
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Let's see........
Woodbine enters the entire U.S. market as a featured track on the biggest racing network giving them fresh access to a huge % of all U.S. horseplayers and they are up 7%?
That doesn't sound so good to me but then again I'm not a racetrack executive.
I wonder why none of the articles I've seen say how handle did on-track, in Ontario or in Canada.
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12-09-2009, 04:23 PM
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#7
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Registered User
Join Date: Jul 2009
Posts: 2,585
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Exposure by being featured by TVG helped. Their domestic handle was flat despite giving higher rewards (to their larger players). The drop in takeout on triactors also put back some money back into players accounts.
Woodbine also took advantage of having their signal available to all major ADWs even when there was and still is bickering going on between tracks and horsemen organizations throughout the USA.
What would be interesting is to see how their betting through HPI on other tracks did, since they ramped up the takeout on other venues. I'd have to guess it was down.
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12-09-2009, 04:28 PM
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#8
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velocitician
Join Date: Aug 2004
Posts: 26,297
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so, that doesn't change what it offered: A quality product
__________________
"If this world is all about winners, what's for the losers?" Jr. Bonner: "Well somebody's got to hold the horses Ace."
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12-09-2009, 04:32 PM
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#9
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Registered User
Join Date: Jul 2009
Posts: 2,585
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Quote:
Originally Posted by 46zilzal
so, that doesn't change what it offered: A quality product
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Hawthorne averages over $2.7 million a day in handle. Woodbine $2.1 million.
Explain that one?
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12-09-2009, 04:34 PM
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#10
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velocitician
Join Date: Aug 2004
Posts: 26,297
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Quote:
Originally Posted by Horseplayersbet.com
Hawthorne averages over $2.7 million a day in handle. Woodbine $2.1 million.
Explain that one?
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That is irrelevant to quality of racing offered
__________________
"If this world is all about winners, what's for the losers?" Jr. Bonner: "Well somebody's got to hold the horses Ace."
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12-09-2009, 04:35 PM
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#11
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Registered User
Join Date: Mar 2003
Posts: 1,572
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Quote:
Originally Posted by 46zilzal
so, that doesn't change what it offered: A quality product
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So basically this guy is a genius?
Let's face it. Racing can't compete with casino gaming/internet gaming. We have too many costs associated with putting on the show. Our only option is to brand our product to people that love the sport and love betting on the sport.
We need to make racing like Louis Vuitton or Tiffany. Offer a quality product while charging more for it by raising takeout and giving the ADW's less for their services. We will still keep our core customers and will be much better off financially as an industry by rasing prices.
I don't see how anybody can argue if we raise prices and lose some handle but double purses by doing so.
Louis Vuitton and Tiffany can't compete with Wal-Mart pricewise, but they both do a great business and develop customer loyalty by raising prices and offering a better product. People WANT those products and are driven towards them. Very few WANT racing and are driven to it in it's present form.
Racing should never lower prices. If LV or Tiffany lowered prices and started selling their products at Wal-Mart, while they might show a spike in sales, they will make less money and will lose their lustre which will in turn make customers not WANT their products any longer.
Raise prices, improve product and they might WANT racing. Everybody might be shocked.
CG Dean 07 Oct 2009 7:05 PM
http://cs.bloodhorse.com/blogs/final...-v-bearse.aspx
Last edited by InsideThePylons-MW; 12-09-2009 at 04:38 PM.
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12-09-2009, 04:37 PM
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#12
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Registered User
Join Date: Apr 2001
Posts: 641
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There's a lot worse venues than WO. They did, however, ruin the Super 7 so I prefer to roll the dice in the SoCal Pick 6.
I'm happy to see they are doing well.
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12-09-2009, 04:49 PM
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#13
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Registered User
Join Date: Mar 2001
Location: north wales, pa
Posts: 3,917
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ITP---If Woodbine really believes what it says why not raise the takeout by 10% on all there bets? After all the only thing that matters is "quality racing". I wonder what the handle figures are for Woodbine s-breds? I have not bet a dime on them since there silly new urging rules. Which BTW they would very much like to inflict on t-breds.
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12-09-2009, 04:52 PM
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#14
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,822
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Woodbine increasing handle because the average bettor doesn't pay attention to takeout and the track has more visibility in 2009 doesn't mean it should be where people bet. Silly thread---The Fat Man showed some good handicapping skills in the past but now he's mostly here for to troll the site.
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12-09-2009, 05:15 PM
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#15
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Grinding at a Poker Table
Join Date: Nov 2007
Posts: 4,902
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Quote:
Originally Posted by Horseplayersbet.com
Hawthorne averages over $2.7 million a day in handle. Woodbine $2.1 million.
Explain that one?
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Rebate players can find Hawthorne available with many ADWs. Woodbine, however, is almost non-existent, as they are philosophically opposed to rebates other than what they could offer on-track.
I would not expect this to account for the entire 0.6 million per day difference, but for a least some sizable portion.
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