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03-22-2019, 10:26 AM
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#1
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Registered User
Join Date: Jan 2009
Location: Lakehurst, NJ
Posts: 1,035
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NYRA Abolishes "2-For-1 Rule"
https://www.paulickreport.com/news/t...aiming-purses/
Only discovered this when I went to read the April condition book this morning. It took effect on March 8th and has been extended at least through April - and I'm guessing, for the upcoming Belmont meeting as well.
And pardon my cynicism, but to me at least this is all about attracting larger fields, as it is sure to do, and has nothing to do with any "enhanced soundness measures."
At the 2012 Aqueduct winter meeting, the purse for an open $7,500 claiming race was $29,000 if the race was under a mile or $30,000 if the race was at a mile or over (NYRA abolished route bonuses in 2014) - the latter a 4-to-1 ratio, whereas the new ratio is 3-to-1 - and I don't recall the sky having fallen in 2012.
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03-22-2019, 10:37 AM
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#2
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,354
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Was 2012 the year of the rasah of breakdowns?
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Who does the Racing Form Detective like in this one?
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03-22-2019, 10:42 AM
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#3
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Quote:
Originally Posted by Thomas Roulston
https://www.paulickreport.com/news/t...aiming-purses/
Only discovered this when I went to read the April condition book this morning. It took effect on March 8th and has been extended at least through April - and I'm guessing, for the upcoming Belmont meeting as well.
And pardon my cynicism, but to me at least this is all about attracting larger fields, as it is sure to do, and has nothing to do with any "enhanced soundness measures."
At the 2012 Aqueduct winter meeting, the purse for an open $7,500 claiming race was $29,000 if the race was under a mile or $30,000 if the race was at a mile or over (NYRA abolished route bonuses in 2014) - the latter a 4-to-1 ratio, whereas the new ratio is 3-to-1 - and I don't recall the sky having fallen in 2012.
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Its known as competition.
Monmouth runs conditioned 8Knl4 claims for 23K in May
Allan
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03-22-2019, 10:48 AM
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#4
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,354
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But wasn't that rule put in place by NYRA as a correction for the breakdowns?
With a purse that large, doesn't that destroy the premise of a claiming price being in place to protect fair competition?
You could take a $15,000 horse, drop it in for a win and get it claimed, and still make money (purse - $38.8K + $8k for the claim = $21.8K).
__________________
Who does the Racing Form Detective like in this one?
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03-22-2019, 10:54 AM
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#5
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Registered User
Join Date: Jan 2009
Location: Lakehurst, NJ
Posts: 1,035
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So why are they going back to the "good old days" of 2012 (well, not quite, as I did point out) now?
And what about Parx? On Tuesday they had an open $5K claimer with a purse of $24,000. That's almost a 5-to-1 ratio of purse to claiming price!
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03-22-2019, 10:58 AM
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#6
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,802
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Quote:
Originally Posted by Tom
But wasn't that rule put in place by NYRA as a correction for the breakdowns?
With a purse that large, doesn't that destroy the premise of a claiming price being in place to protect fair competition?
You could take a $15,000 horse, drop it in for a win and get it claimed, and still make money (purse - $38.8K + $8k for the claim = $21.8K).
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Races aren't written for bettors and haven't been for a long time, if ever. It is only getting worse.
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03-22-2019, 11:41 AM
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#7
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,486
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Quote:
Originally Posted by cj
Races aren't written for bettors and haven't been for a long time, if ever. It is only getting worse.
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As an owner, I understand how difficult it is to at least break even in that business.
As a horseplayer, I understand how difficult it is to win.
As someone that enjoys the racetrack experience, I understand how making that experience more pleasant, the races more competitive, and betting more financially rewarding might get more people out there.
With all the casino money floating around, you would think they could strike a good balance. NYRA at least tries hard, but maybe they could do a little more for the horseplayer.
I sort of liked Oaklawn's on track show payoff gimmick where they give you a higher price to show but only if you bet "on track". I was monitoring those pools and it was obvious that the lower effective take was having a huge positive impact on the show pool. The show pool for many horses was significantly higher than the place pool and some horses even had more bet to show than to win.
It doesn't have to be the show pool, but some kind of reduced take for a specific pool for on track bets only would almost certainly raise the action on that pool and get more people to the track. The numbers would have to be crunched, but if Oaklawn can do it I'd don't see why other tracks don't at least take a better look at rewarding on track betting.
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"Unlearning is the highest form of learning"
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03-22-2019, 02:40 PM
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#8
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Registered User
Join Date: Aug 2012
Posts: 8,788
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Quote:
Originally Posted by classhandicapper
As an owner, I understand how difficult it is to at least break even in that business.
As a horseplayer, I understand how difficult it is to win.
As someone that enjoys the racetrack experience, I understand how making that experience more pleasant, the races more competitive, and betting more financially rewarding might get more people out there.
With all the casino money floating around, you would think they could strike a good balance. NYRA at least tries hard, but maybe they could do a little more for the horseplayer.
I sort of liked Oaklawn's on track show payoff gimmick where they give you a higher price to show but only if you bet "on track". I was monitoring those pools and it was obvious that the lower effective take was having a huge positive impact on the show pool. The show pool for many horses was significantly higher than the place pool and some horses even had more bet to show than to win.
It doesn't have to be the show pool, but some kind of reduced take for a specific pool for on track bets only would almost certainly raise the action on that pool and get more people to the track. The numbers would have to be crunched, but if Oaklawn can do it I'd don't see why other tracks don't at least take a better look at rewarding on track betting.
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Way, way back when the controversies about past posting and rebates started, I mused about giving on track fans a discounted takeout and the exclusive right to bet after scheduled post time. Tracks make more money when you attend live.
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