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11-11-2008, 12:49 PM
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#61
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Veteran
Join Date: Oct 2006
Posts: 1,049
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Quote:
Originally Posted by DeanT
When Lehman or AIG go out of business there is still insurance and stock brokerages. There are 52,000 races run in the USA at an average purse of $19000. Cut them in half with people leaving and you have 26,000 races (still the most by far in the world) racing for $38000. $2500 claimers do not race for $38,000. Horse quality will go up.
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And what has that got to do with 'never'? That was my point. Yeah, those other firms are tearing them up right now, with the decrease in competition.
So if you cut the number of races in half..the purse structure on the remaining races will be a certain lock to increase to twice the original amount? Are you sure about that?
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11-11-2008, 01:06 PM
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#62
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Registered User
Join Date: Jul 2006
Location: Toronto
Posts: 4,962
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Hi EZ,
The racing data seems to say so.
http://cristblog.drf.com/crist/2008/...-perspect.html
Quote:
We run way too many races in this country, and less product would probably not mean a decrease in total betting or purses, given the evidence elsewhere.
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11-11-2008, 02:00 PM
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#63
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Veteran
Join Date: Oct 2006
Posts: 1,049
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Quote:
Originally Posted by DeanT
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Thanks...but I find Blogs like ass holes...every body has one, so what's the point?
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11-11-2008, 02:06 PM
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#64
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Registered User
Join Date: Jul 2006
Location: Toronto
Posts: 4,962
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Quote:
Originally Posted by ezrabrooks
Thanks...but I find Blogs like ass holes...every body has one, so what's the point?
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That data is the Jockey Club fact book data, which is (I think) the most comprehensive data of world wide racing. We can deduce much of it, imo.
Then again, I just finished Super Crunchers so I am on a data binge.
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11-17-2008, 05:25 PM
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#65
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Registered User
Join Date: Jul 2006
Location: Toronto
Posts: 4,962
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Hjack has posted his summary of this thread and some chat about posters here, and racing in general in Part III of his "Why I Left Racing" Series, that is posted on HANAblog.
If you are interested his story is here:
http://blog.horseplayersassociation....-part-iii.html
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11-17-2008, 09:27 PM
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#66
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Registered Wacko
Join Date: Feb 2004
Location: Belmont-ish
Posts: 2,242
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I definitely would have hit the "all" button in this poll.
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02-01-2011, 04:15 PM
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#67
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Veteran
Join Date: Nov 2001
Location: Mississippi
Posts: 2,277
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Quote:
Originally Posted by Zman179
I definitely would have hit the "all" button in this poll.
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The most obvious answer, and not among the choices is, INBRED management which has an entitlement attitude.
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02-01-2011, 06:34 PM
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#68
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Registered User
Join Date: Mar 2009
Location: massapequa park ny
Posts: 2,164
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my top 3 is as follows:
1)excessive takeout is the obvious for obvious reasons and is the main reason gamblers have moved to other forms of gambling.
2)too much racing is the reason why fields are short in a lot of jurisdictions.
3)marketing is terrible....new fans need to be turned on to the game ....but they do not make it attractive to younger males....get the young colts to the track on fri and sat night and the fillies will follow.
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02-01-2011, 07:03 PM
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#69
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Registered User
Join Date: Jan 2006
Posts: 28,551
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Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.
50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.
Any gambling game with no integrity is doomed to failure.
Last edited by thaskalos; 02-01-2011 at 07:11 PM.
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02-01-2011, 11:18 PM
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#70
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Registered User
Join Date: May 2010
Location: OKC, OK
Posts: 609
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Quote:
Originally Posted by thaskalos
Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.
50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.
Any gambling game with no integrity is doomed to failure.
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I pretty much have to agree. There is no intesinal fortitude at all in the industry to get it right. By the way, what's the latest on the Life at Ten situation at Churchill?
More head in the sand?
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02-02-2011, 12:13 AM
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#71
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Registered User
Join Date: Feb 2007
Location: Gods County, United Kingdom
Posts: 3,533
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Quote:
Originally Posted by thaskalos
Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.
50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.
Any gambling game with no integrity is doomed to failure.
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I think it's called, shooting oneself in the foot.
Last edited by Charlie D; 02-02-2011 at 12:17 AM.
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02-02-2011, 01:28 AM
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#72
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
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Quote:
Originally Posted by Bullet Plane
I pretty much have to agree. There is no intesinal fortitude at all in the industry to get it right. By the way, what's the latest on the Life at Ten situation at Churchill?
More head in the sand?
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Gonna have to wait another week:
http://www.bloodhorse.com/horse-raci...eek?source=rss
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02-02-2011, 02:36 AM
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#73
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Registered User
Join Date: May 2006
Location: Owatonna, MN
Posts: 791
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I miss Hajck Hillstrom.
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02-02-2011, 04:52 AM
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#74
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
Originally Posted by thaskalos
Racing's biggest problem is that it has lost the little integrity it had...along with its better customers - who no longer have the confidence in the game to bet the amounts of money they once did.
50% winning trainers, rampant drug use, slap-on-the-wrist fines for the drug offenders, repeated after-the-bell-betting incidents...and no policing measures in sight.
Any gambling game with no integrity is doomed to failure.
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The after the bell incidents are nothing compared to the money that's pilfered out of the pools by people, who otherwise can't handicap a shred, that have their money "land" on the right horses because they know which horses have illegal drugs and which ones do not.
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