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05-02-2020, 03:43 PM
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#1186
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Registered User
Join Date: Dec 2011
Posts: 4,285
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Quote:
Originally Posted by lamboguy
how dumb are both Meadowlands and Monmouth to bring in partners like William Hill and Fan Duel. why can't they book the sports themselves without having to give up over $50 million so far?
i know the answer, they probably sold their souls to the devils before they had the sports gambling. its just another gaf that race tracks have made like with simulcasting where the bet taker makes a bigger piece than the host that is distributing the product
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That would require expertise in bookmaking and a large enough handle to spread risk.
__________________
Best writing advice ever received: Never use a long word when a diminutive one will suffice.
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05-03-2020, 07:05 AM
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#1187
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Quote:
Originally Posted by dilanesp
They probably feel that the bookmaking business carries some tail end risks of catastrophic losses, and laying the action off to major companies who are prepared to bear such losses is prudent business.
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Also in the case of fan duel, they have built in advantage of a television station that does sports wagering informercials for them.
Allan
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06-23-2020, 05:41 AM
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#1188
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2020 up to and including 5/31/2020
Meadowlands 49,000,000
Monmouth 6,400,000
Allan
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08-17-2020, 01:43 PM
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#1189
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2020 up to and including 7/31/2020
Meadowlands 69,300,000
Monmouth 8,700,000
Allan
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10-18-2020, 08:55 AM
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#1190
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2020 up to and including 9/30/2020
Meadowlands 118,700,000
Monmouth 14,000,000
Football numbers for September decent.
Allan
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11-27-2020, 08:23 AM
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#1191
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2020 up to and including 10/31/2020
Meadowlands 147,500,000
Monmouth 18,100,000
Good Football numbers for October
Allan
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11-27-2020, 08:43 AM
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#1192
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
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Quote:
Originally Posted by biggestal99
Total sports betting hold for 2020 up to and including 10/31/2020
Meadowlands 147,500,000
Monmouth 18,100,000
Good Football numbers for October
Allan
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by those numbers The Meadowlands will make about $160 million for the year. that's a giant number.. i don't know what the breakdown is, but that is a lot of money that Fan Duel gets that should have stayed at the track.
in New Hampshire, they were charging .24 on baseball lines. when i was betting baseball years ago at the Barbary Coast Casino in Las Vegas, they were taking $500 at a time charging .05. Fan Duel will take as much money as you bring to the window with their .24 spread! i don't blame them.
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11-28-2020, 04:22 PM
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#1193
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Registered User
Join Date: Mar 2010
Posts: 1,178
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Quote:
Originally Posted by lamboguy
in New Hampshire, they were charging .24 on baseball lines. when i was betting baseball years ago at the Barbary Coast Casino in Las Vegas, they were taking $500 at a time charging .05. Fan Duel will take as much money as you bring to the window with their .24 spread! i don't blame them.
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I remember the nickle lines on baseball in vegas. Now the best I can get are a dime line with Hill in Illinois, which isnt bad.
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12-24-2020, 10:49 AM
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#1194
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2020 up to and including 11/30/2020
Meadowlands 173,300,000
Monmouth 21,200,000
Great football Football numbers for November
Allan
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01-17-2021, 10:16 AM
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#1195
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2019
Meadowlands 149,915,530
Monmouth 25,930,473
Total sports betting hold for 2020
Meadowlands 216,478,283
Monmouth 25,418,589
Monmouth was flat year over year
Meadowlands huge increase in hold.
Allan
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02-20-2021, 12:25 PM
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#1196
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2021 up to and including 1/31/2021
Meadowlands 46,800,000
Monmouth 3,700,000
Allan
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03-20-2021, 12:49 PM
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#1197
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2021 up to and including 2/28/2021
Meadowlands 75,000,000
Monmouth 6,300,000
Allan
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03-24-2021, 09:10 PM
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#1198
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Registered User
Join Date: Aug 2007
Posts: 7,510
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Quote:
Originally Posted by biggestal99
Total sports betting hold for 2021 up to and including 2/28/2021
Meadowlands 75,000,000
Monmouth 6,300,000
Allan
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37.5 mil per month( meadowlands)..That works out to $405 million for the year...Jeez!!!
Have you any knowledge of the percentage that goes to the race track?
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03-25-2021, 11:28 AM
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#1199
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Quote:
Originally Posted by thespaah
37.5 mil per month( meadowlands)..That works out to $405 million for the year...Jeez!!!
Have you any knowledge of the percentage that goes to the race track?
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I don’t. Certain percentage to the horsemen. Certain percentage to fanduel.
Certain percentage to New Jersey. Certain percentage to gural.
Maybe someone with that knowledge will post.
Allan
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04-18-2021, 11:38 AM
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#1200
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Total sports betting hold for 2021 up to and including 3/31/2021
Meadowlands 105,250,000
Monmouth 9,200,000
Allan
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