I got an email this morning from an industry watcher. "California racing needs an Alan Mann".
Alan runs the blog Left at the Gate and proves blogger's can be journalists. He has a differing view of a race, or a track, or some of the issues like takeout than a lot of you, but the big part of his blog is more than that. He is a watch dog on New York racing. His posts on the subject of New York racing and its political games are frequent, concise and well-researched. He takes nothing at face-value and if he sees something that does not make sense, he calls them on it. He is not on some people's card lists.
This morning Caroline Betts, a professor of economics at USC ran some numbers from the Los Alamitos takeout hike. They are dreadful. Racedates were down, so there were less opportunities for racing participants, handle was down, and on-track handle was especially down. The racing shrunk.
The chart is self-explanatory - handle was killed.
Despite this obvious bad news, the CHRB earlier in the year talked about the numbers at a meeting and spoke of "handle per race" being up and that was the narrative they wanted to use.
Obviously this was a red herring, and with a little common sense we could figure it out:
1) Handle was down before they cut dates
2) Apples to apples standardized 4 day a week's which did occur, handle was down
3) Less dates means bigger fields and more betting opportunities - i.e. if I cut Woodbine to one day a week and had ten 14 horse fields, handle would certainly be up on a per day basis. Bigger bankrolls playing more betting interests.
So, a researched blogger would not take that at face value. He would look and do some digging.
If he did, he would further find out that Monmouth reduced dates like Los Al, but unlike them : overall handle was up.
"In 2009, the 141 T-bred race dates were split between Monmouth Park and the Meadowlands Racetrack, and, according to the brisnet.com report, total handle rang in at $354,867,156. In 2010, with nearly 50 per cent fewer race dates and racing consolidated at Monmouth, the total handle was $477,375,167."
This morning on the Paulick Report, Ray wrote an editorial talking about "handle per race", just like the CHRB talks about.
The story was not handle per race after hiking takeout, the story was that quarterhorse racing in 2010 after the takeout hike had less opportunities for racers, fewer customers, and smaller betting handles - exactly what we don't want in racing.
We need people to ask questions in racing, and do a little digging, or we will continue to give bad policy a pass. New York has it. California does not.
Subscribe to:
Post Comments (Atom)
Most Trafficked, Last 12 Months
-
Auckland Reactor is coming to the US from New Zealand and he landed in the barn of the very sharp Kelvin Harrison. I don't think many w...
-
Have you seen the RCI's recent push to change the narrative on drugs and racing? The story they tell is accurate, and has been for some...
-
Yesterday on twitter there was a conversation about why some people are withholding money from Keeneland this meet. A simple question, with...
-
Elmer Patzer walked up to a betting machine and started popping in tickets to see if he won. All of a sudden, whamo, he cashed for $6.5 mill...
-
Back in the early 1990's I got my first real job. I was a pretty much an office gofer for a mining consortium. One day a gentleman cam...
-
Horses opening with 10k to win on them, at smaller venues lately? I have not been playing too seriously the past two days, however I did che...
-
Every time I flip on twitter someone is annoyed that NBC is tape delaying some of the events for prime time television. Columnists have join...
-
Canterbury Park - the small Minnesota track that lowered takeout last year, only to raise it this season - concluded their meet recently. Th...
-
Good morning folks. On Awful Announcing, columnist Matt Zemek tore a hide off ESPN for what he thinks is the dumbing down of tennis cover...
Similar
Carryovers Provide Big Reach and an Immediate Return
Sinking marketing money directly into the horseplayer by seeding pools is effective, in both theory and practice In Ontario and elsewher...
No comments:
Post a Comment