Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Thoroughbred Horse Racing Discussion > General Racing Discussion


Reply
 
Thread Tools Rate Thread
Old 12-14-2017, 09:25 PM   #1
Al Gobbi
Registered User
 
Join Date: Dec 2009
Posts: 626
Rep Power: 9 Al Gobbi is on a distinguished road
Santa Anita Cuts Stakes Purses for Upcoming Meet

Quote:
Although the application for Santa Anita Park's upcoming meet that begins Dec. 26 has yet to be approved by the California Horse Racing Board, executives from The Stronach Group said Dec. 14 that stakes purses for the Arcadia, Calif., track will decrease $600,000 for the meeting that runs through early July.

Tim Ritvo, chief operating officer of The Stronach Group, said the purse cuts were made to stakes to ensure purses for other levels of racing remained steady.

The most glaring reduction on the calendar is the Santa Anita Handicap (G1), which will drop to $600,000 from $750,000 in 2017 and $1 million in 2016. It will be the lowest purse for the Big 'Cap since 1985, when it was $450,000.
https://www.bloodhorse.com/horse-rac...-upcoming-meet
Al Gobbi is offline   Reply With Quote Reply
Old 12-14-2017, 10:39 PM   #2
cj
@TimeformUSfigs
 
cj's Avatar
 
Join Date: Jan 2002
Location: Moore, OK
Posts: 41,325
Rep Power: 64 cj is a name known to allcj is a name known to allcj is a name known to allcj is a name known to allcj is a name known to allcj is a name known to all
They need to raise the takeout some more. That will drive purses up.
cj is offline   Reply With Quote Reply
Old 12-14-2017, 10:46 PM   #3
JustRalph
Just another Facist
 
JustRalph's Avatar
 
Join Date: Mar 2002
Location: Now in Houston
Posts: 41,074
Rep Power: 65 JustRalph is a splendid one to beholdJustRalph is a splendid one to beholdJustRalph is a splendid one to beholdJustRalph is a splendid one to beholdJustRalph is a splendid one to beholdJustRalph is a splendid one to beholdJustRalph is a splendid one to behold
Raise the admission !
__________________
SHUT UP AND BET!
JustRalph is online now   Reply With Quote Reply
Old 12-14-2017, 11:08 PM   #4
BrentT
Registered User
 
Join Date: May 2017
Posts: 73
Rep Power: 4 BrentT is a jewel in the roughBrentT is a jewel in the roughBrentT is a jewel in the rough
Actually nothing wrong with this. As long as the money is distributed thru all the other maiden, claiming and allowance races it helps all involved at the track. The G1s, 2s, 3s are mainly won by the big barns anyhow they make plenty, in order to keep the whole train running you got to feed the smaller outfits as well.....

Look no further than delta downs right now at this meet, they cut out all the big stakes purses for them Derby points events etc, and everyone there is reaping the benefits. The purses are almost on par with FG a few hours down the road, and much easier competition.
BrentT is offline   Reply With Quote Reply
Old 12-14-2017, 11:25 PM   #5
cj
@TimeformUSfigs
 
cj's Avatar
 
Join Date: Jan 2002
Location: Moore, OK
Posts: 41,325
Rep Power: 64 cj is a name known to allcj is a name known to allcj is a name known to allcj is a name known to allcj is a name known to allcj is a name known to all
Quote:
Originally Posted by BrentT View Post
Actually nothing wrong with this. As long as the money is distributed thru all the other maiden, claiming and allowance races it helps all involved at the track. The G1s, 2s, 3s are mainly won by the big barns anyhow they make plenty, in order to keep the whole train running you got to feed the smaller outfits as well.....

Look no further than delta downs right now at this meet, they cut out all the big stakes purses for them Derby points events etc, and everyone there is reaping the benefits. The purses are almost on par with FG a few hours down the road, and much easier competition.
It is the fair thing to do, but my point was they put themselves in this bind by raising takeout...you know the takeout raise that was going to raise purses and be GREAT for owners.
cj is offline   Reply With Quote Reply
Old 12-15-2017, 01:48 PM   #6
zico20
Registered User
 
Join Date: May 2014
Location: st louis
Posts: 2,053
Rep Power: 10 zico20 is a jewel in the roughzico20 is a jewel in the roughzico20 is a jewel in the roughzico20 is a jewel in the rough
To play devils advocate, if tracks keep dropping purses for big races there will be less incentive to continue racing the top horses and instead retire them earlier than they should. Not that they aren't doing it already. The less stars in racing the less interest and the inevitable drop in handle. Just saying.
__________________
Any married man should forget his mistakes; no sense two people remembering the same thing.
zico20 is offline   Reply With Quote Reply
Old 12-15-2017, 02:15 PM   #7
dilanesp
Registered User
 
Join Date: Aug 2012
Posts: 4,520
Rep Power: 13 dilanesp is a jewel in the roughdilanesp is a jewel in the roughdilanesp is a jewel in the rough
The Santa Anita Handicap is our version of the Jockey Club Gold Cup. Once one of the most important races in America, now destroyed by a far more lucrative competitor (Dubai in our case, the BC Classic in NYRA's case).
dilanesp is online now   Reply With Quote Reply
Old 12-15-2017, 03:34 PM   #8
airford1
Registered User
 
Join Date: Sep 2006
Posts: 134
Rep Power: 12 airford1 is on a distinguished road
Pretty soon 5K claimers running on the turf. Visions of Caliente
airford1 is offline   Reply With Quote Reply
Old 12-15-2017, 05:07 PM   #9
Jeff P
Registered User
 
Jeff P's Avatar
 
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 2,983
Rep Power: 20 Jeff P has a spectacular aura aboutJeff P has a spectacular aura about
Me: stepping up onto soapbox now...

I know that industry decision makers in California (owners, trainers, track management, CHRB Commissioners, etc.) don't want to hear it.

BUT --

There's no such thing as a purse fairy. (Not my phrase. But it fits here so I'll use it.)

It ought to be obvious to everybody by now that SB 1072 has been a complete disaster - and that a change in direction is needed.

In my opinion, the ONLY way thoroughbred racing in California is going to generate increases in purse money is to generate increases in money BET by horseplayers on the product.

The question isn't whether or not horseplayers were right about SB 1072 being the wrong thing to do.

The question at this point should be:

What should we be doing next?

Me: stepping down off of soapbox.


-jp

.
__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com

Last edited by Jeff P; 12-15-2017 at 05:10 PM.
Jeff P is offline   Reply With Quote Reply
Old 12-16-2017, 09:58 AM   #10
GMB@BP
Registered User
 
Join Date: Feb 2003
Location: Dark Side of the Moon
Posts: 2,913
Rep Power: 20 GMB@BP has a spectacular aura aboutGMB@BP has a spectacular aura aboutGMB@BP has a spectacular aura about
Quote:
Originally Posted by Jeff P View Post
Me: stepping up onto soapbox now...

I know that industry decision makers in California (owners, trainers, track management, CHRB Commissioners, etc.) don't want to hear it.

BUT --

There's no such thing as a purse fairy. (Not my phrase. But it fits here so I'll use it.)

It ought to be obvious to everybody by now that SB 1072 has been a complete disaster - and that a change in direction is needed.

In my opinion, the ONLY way thoroughbred racing in California is going to generate increases in purse money is to generate increases in money BET by horseplayers on the product.

The question isn't whether or not horseplayers were right about SB 1072 being the wrong thing to do.

The question at this point should be:

What should we be doing next?

Me: stepping down off of soapbox.


-jp

.
californians lowering taxes to spur business..i heard it all now
GMB@BP is offline   Reply With Quote Reply
Old 12-16-2017, 03:39 PM   #11
airford1
Registered User
 
Join Date: Sep 2006
Posts: 134
Rep Power: 12 airford1 is on a distinguished road
I don't think there is any way to save Horse Racing in California. The racing will crumble to what is run at Los Al at night with 2500 dollar races. I can't see anything in the future like what we had up to 2010.
airford1 is offline   Reply With Quote Reply
Old 12-16-2017, 10:57 PM   #12
Prioress Ply
Registered User
 
Join Date: Jun 2017
Posts: 67
Rep Power: 0 Prioress Ply is an unknown quantity at this point
Agree--it's dead. But it was going downhill in the early 90s, right after they started increasing the wagering menu and taking simulcast races.

It was already dead by 2005 or so you just couldn't see it. When Hubbard sold HP you knew the writing was the on the wall.
Prioress Ply is offline   Reply With Quote Reply
Old 12-16-2017, 11:20 PM   #13
Augenj
Top Horse Analytics
 
Augenj's Avatar
 
Join Date: Mar 2013
Location: Las Vegas, NV
Posts: 9,968
Rep Power: 15 Augenj will become famous soon enough
Quote:
Originally Posted by cj View Post
They need to raise the takeout some more. That will drive purses up.
Augenj is offline   Reply With Quote Reply
Old 12-17-2017, 01:36 PM   #14
Afleet
Registered User
 
Join Date: Nov 2014
Posts: 921
Rep Power: 5 Afleet will become famous soon enoughAfleet will become famous soon enough
where is that blowhard askinhaskin selling the virtues of increased take? I want to hear him explain what happened
Afleet is online now   Reply With Quote Reply
Old 12-17-2017, 01:38 PM   #15
Afleet
Registered User
 
Join Date: Nov 2014
Posts: 921
Rep Power: 5 Afleet will become famous soon enoughAfleet will become famous soon enough
need to relocate Santa Anita to Tijuana to get away from all those CA regulations that are so good for business
Afleet is online now   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
Who wins the "Best Jockey Karaoke Performance." East or West?
Del Mar Jockeys and the West win - 34.38%
11 Votes
Saratoga Jockeys and the East win - 65.63%
21 Votes
Total Votes: 32
This poll is closed.
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 02:02 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Copyright 1999 - 2018 -- PaceAdvantage.Com -- All Rights Reserved -- Best Viewed in a modern browser @ 1280x720 Resolution Or Higher
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.