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04-25-2017, 01:39 PM
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#1
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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increase at Oaklawn this year
http://www.horseracingnation.com/new...in_Handle_123#
this increase in handle came from the ontrack show pools because they lowered the takeout and wound up with less breakage as well. interesting.
they also have the luxury of large field sizes and their races are pretty interesting with all the places that the horses are coming from.
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04-25-2017, 02:21 PM
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#2
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Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,293
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An increase in on track business because of reduced takeout on the show pool.
Imagine that.
-jp
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__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
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04-25-2017, 03:29 PM
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#3
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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Hopefully some of the other tracks will follow Oaklawns lead.
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04-25-2017, 03:37 PM
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#4
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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 Jeff P
An increase in on track business because of reduced takeout on the show pool.
Imagine that.
-jp
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The California Horse Racing Board
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04-25-2017, 04:52 PM
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#5
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Registered User
Join Date: Aug 2012
Posts: 8,798
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Quote:
Originally Posted by Jeff P
An increase in on track business because of reduced takeout on the show pool.
Imagine that.
-jp
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What are you talking about? The handle clearly increased because they hired a better announcer.
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04-25-2017, 05:52 PM
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#6
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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Quote:
Originally Posted by dilanesp
What are you talking about? The handle clearly increased because they hired a better announcer.
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no doubt Vic had something to do with the increase, but the track management were the smart ones to hire him and come up with that show gimmick and probably more that we don't know about.
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04-25-2017, 05:58 PM
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#7
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BC Canada
Join Date: Mar 2007
Location: Vancouver
Posts: 2,286
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Quote:
Originally Posted by dilanesp
What are you talking about? The handle clearly increased because they hired a better announcer.
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Sharp post
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04-25-2017, 07:33 PM
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#8
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Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,293
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That was actually pretty funny.
-jp
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__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
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04-25-2017, 07:35 PM
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#9
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Registered User
Join Date: Feb 2009
Location: NY
Posts: 19,005
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Quote:
Originally Posted by lamboguy
http://www.horseracingnation.com/new...in_Handle_123#
this increase in handle came from the ontrack show pools because they lowered the takeout and wound up with less breakage as well. interesting.
they also have the luxury of large field sizes and their races are pretty interesting with all the places that the horses are coming from.
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Yes, very interesting!
I had wondered why the developer of the tote analysis I fervently use had revised the Oaklawn program. Now it’s no a longer a mystery as to why it provided so many valued results. It was certainly on target for the majority of races on specific days f the week.
Quote:
Originally Posted by dilanesp
What are you talking about? The handle clearly increased because they hired a better announcer.
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No doubt about it!
Last edited by Nitro; 04-25-2017 at 07:37 PM.
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04-25-2017, 07:50 PM
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#10
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Registered User
Join Date: May 2007
Posts: 752
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Quote:
Originally Posted by lamboguy
no doubt Vic had something to do with the increase, but the track management were the smart ones to hire him and come up with that show gimmick and probably more that we don't know about.
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Hate to break it to you, but he had nothing to do with it.
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04-25-2017, 07:55 PM
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#11
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Registered User
Join Date: Jul 2009
Posts: 328
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Quote:
Originally Posted by NTamm1215
Hate to break it to you, but he had nothing to do with it.
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What are you talking about? All Vic's betting on the live races while working has to be the source of the increase.
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04-25-2017, 07:56 PM
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#12
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Registered User
Join Date: May 2007
Posts: 752
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Quote:
Originally Posted by SoCalCircuit
What are you talking about? All Vic's betting on the live races while working has to be the source of the increase.
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Well done.
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04-26-2017, 09:15 AM
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#13
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,823
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The show bet bonus is actually a pretty clever idea by Oaklawn. From what I read, the take for on-track show bets went from about 17% to 10% (Oaklawn would not disclose the exact formula) and handle on show bets went up 34%. Since it was only for on-track bettors, Oaklawn didn't have to deal with the ADWs taking almost all of the profit and/or complaining about their income going down (since they make takeout minus signal fee percentage). It would only really work at places like Keeneland or Saratoga that have actual human beings at a racetrack, but it's a cool idea that they'll hopefully expand in logical ways (i.e., to other pools).
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04-26-2017, 11:48 AM
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#14
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Registered User
Join Date: Aug 2012
Posts: 8,798
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Quote:
Originally Posted by castaway01
The show bet bonus is actually a pretty clever idea by Oaklawn. From what I read, the take for on-track show bets went from about 17% to 10% (Oaklawn would not disclose the exact formula) and handle on show bets went up 34%. Since it was only for on-track bettors, Oaklawn didn't have to deal with the ADWs taking almost all of the profit and/or complaining about their income going down (since they make takeout minus signal fee percentage). It would only really work at places like Keeneland or Saratoga that have actual human beings at a racetrack, but it's a cool idea that they'll hopefully expand in logical ways (i.e., to other pools).
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Of course racetracks should reward live customers. They buy food, parking, admission, programs, and stuff at the gift shop. The way it stands now, with rebate shops offering the lowest takeout, is perverse.
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04-26-2017, 11:31 PM
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#15
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Registered User
Join Date: Aug 2007
Posts: 7,510
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Imagine the increase in handle if Oaklawn( a rather ironic name) installed a turf course
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