Rebates by Track

[DeanT]

The industry is starting to listen. Hawthorne announced a significant rebate program today. This is not "bet $100k" and get a tee-shirt, this is significant.

http://www.barntowire.com/2009/HAWnotes090302.html

Even if you bet $10 you get a point back. Rebates max at 4% (and not for $100k a month/whatever. It is for $200k a year), which is the best rebate program for a track in North America, and a few short years ago this would be considered heresy.

Other perks are for discounts on track, concierge service etc.

It's a good start.

[Dave Schwartz]

Dean,

This is great if the wagers at other tracks count. Otherwise, although the minimums are much lower, it is only one track.


Dave

[DeanT]

Dave, it says all wagers for the higher levels (before 6:30).

PS: Let us know a bit earlier next time when you are having a seminar. I saw your post and popped it on the blog, but only with an hour or two to go. I am sure members would be interested!

[ezrabrooks]

That is a step in the right direction, giving the brick and mortar players a shot at reducing take out. Congrats to Hawthorne!

Ez

[DrunkenHorseplayer]

Does this only apply to wagers made while at Hawthorne or to wagers made at their OTB's as well?

[PrairieMeadows]

Below is an overview of what is available at Prairie Meadows:

Total Monthly Wagers Player Points Cash (Rebate)
<$1,000 1%
$1,000 $10
$2,000 $20
$3,000 $30
$4,000 $40
$5,000 $50
$6,000 $60
$7,000 $70
$8,000 $80
$9,000 $90
$10,001 $300
$11,000 $330
$12,000 $360
$13,000 $390
$14,000 $420
$15,000 $450
$16,000 $480
$17,000 $510
$18,000 $540
$19,000 $570
$20,000 $600
$21,000 $630
$22,000 $660
$23,000 $690
$24,000 $720
$25,001 $1,250
$26,000 $1,300
$27,000 $1,350
$28,000 $1,400
$29,000 $1,450
$30,000 $1,500

Praire Meadows also has a comps program which, based on the patron's play could get them programs, forms, meals, mechandise etc.

Prairie Meadows has free wi-fi.

Prairie Meadows has portable self-betting machines that patrons can use.

Free soft drinks, coffee, and tea.

Free admission.

Free parking.

[BillW]

Originally Posted by PrairieMeadows

Below is an overview of what is available at Prairie Meadows:

Is this available through all ADW's?

[PrairieMeadows]

Bill,

This is our on-track player rewards program. We would love to have you visit.

Thanks.

[BillW]

Originally Posted by PrairieMeadows

Bill,

This is our on-track player rewards program. We would love to have you visit.

Thanks.

It's a really long drive .

[rrbauer]

To summarize, less than $10K per month will get you 1%.

$10K to $25K will get you 3%

$25K and up will get you 5%.

I don't remember how many months that PRM races, but I bet there aren't many patrons betting on-site who get more than 1%. They can do substantially better than that from a rebate perspective placing their bets via PTC.

Not knocking your track as I've never been there. Is there an adjoining casino?

[PrairieMeadows]

You are correct on the percentages.

We race Thoroughbred only from 4/24 to 7/18. A mixed meet from 7/27 to 9/19. A standardbred meet from 9/28 to 10/24.

The players' reward program applies to both live and the year-round simulcast product.

We offer slot, poker, and table games in addition to pari-mutuel wagering.

What is PTC?

[rrbauer]

Originally Posted by PrairieMeadows

What is PTC?

PTC is the average-player's ADW outfit. Ask your simulcast director or whoever handles relations with ADW's.

[Donnie]

http://www.premierturfclub.com/

[Donnie]

Am I correct in that cj's numbers are now gone?

[BillW]

Originally Posted by Donnie

Am I correct in that cj's numbers are now gone?

yup