http://www.raceday360.com/wire/feed en-us http://blogs.law.harvard.edu/tech/rss R30 dana@superterrific.org http://pullthepocket.blogspot.com/2012/01/whales-takeout.html Pull the Pocket - Tom LaMarra wrote a terrific piece in the Bloodhorse on high volume bettors. This business is slowly learning about takeout, and its machinations. Interesting statistics came out of the forum. Roughly $2 billion a year, or just less than 20% of total pari-mutuel handle, is said to come from high-volume… ]]> Sat, 14 Jan 2012 07:33:00 -0800 http://pullthepocket.blogspot.com/2012/01/whales-takeout.html http://feedproxy.google.com/~r/blogspot/zJEw/~3/sXWbotNsPzo/december-handle-numbers-buck-trend-but.html Canadian Gambling News and Issues - If only a 17.88% increase in handle in December was an apples to apples increase compared with December 2010. First off, race days increased 10% which should mean an approximate gain of 10%. Then you have the closing of the NYOTBs in December 2010 (the OTB player has by now… ]]> Mon, 09 Jan 2012 09:09:00 -0800 http://feedproxy.google.com/~r/blogspot/zJEw/~3/sXWbotNsPzo/december-handle-numbers-buck-trend-but.html http://pullthepocket.blogspot.com/2011/12/balmoral-handle-trending-up.html Pull the Pocket - Let's end the week on a happy note. Those takeout cutters and hard-workers at Balmoral had some good news to share today. Enjoy your weekend everyone. ]]> Fri, 09 Dec 2011 13:41:00 -0800 http://pullthepocket.blogspot.com/2011/12/balmoral-handle-trending-up.html http://blog.horseplayersassociation.org/2011/12/horse-racings-churn-rate-gets.html Horseplayers Association of North America - For as long as we all can remember, horse racing's publicized churn rate (the number of times you as a player, collectively, roll over your bankroll, explained in detail here) was 7. If everyone at the track had $100,000 in their pockets, chances are handle would have been somewhere around… ]]> Tue, 06 Dec 2011 07:29:00 -0800 http://blog.horseplayersassociation.org/2011/12/horse-racings-churn-rate-gets.html http://blog.horseplayersassociation.org/2011/11/tampa-takeout-rates-and-handle.html Horseplayers Association of North America - There's some fine work going on over at Equinometry regarding takeout rates and betting handles. We all know that lower takeout, by definition, increases handle. However, it is interesting to see it presented in different ways. ]]> Thu, 17 Nov 2011 09:06:00 -0800 http://blog.horseplayersassociation.org/2011/11/tampa-takeout-rates-and-handle.html http://pullthepocket.blogspot.com/2011/11/racings-piracy-paradox.html Pull the Pocket - Throughout the early part of the decade (and continuing to this day), the response from racing with regards to offshore websites is one of pure vitriol. They have spent countless time and plenty of money trying to do away with them. Of course they had a point: these sites were… ]]> Tue, 15 Nov 2011 14:48:00 -0800 http://pullthepocket.blogspot.com/2011/11/racings-piracy-paradox.html http://blog.horseplayersassociation.org/2011/11/handle-is-up-no-wait-handle-is-down.html Horseplayers Association of North America - Confused? You won't be after this episode of SOAP Remember THIS show?: http://youtube/OSaNWYHmUvI "Santa Anita Finishes Meet Strong." The above headline is from an an article that appeared in the Daily Racing Form yesterday 11/7/2011. In that same article, the following two sentences appear: ]]> Tue, 08 Nov 2011 09:57:00 -0800 http://blog.horseplayersassociation.org/2011/11/handle-is-up-no-wait-handle-is-down.html http://blog.horseplayersassociation.org/2011/10/california-screamin.html Horseplayers Association of North America - If you're like many horseplayers who want to bet horses in competitive fields at a fair price, and consider what else that's happening in the sport a distraction, you may have not been paying attention to the infighting in California. Today Art Wilson writes an article on the massive dysfunction… ]]> Fri, 14 Oct 2011 07:50:00 -0700 http://blog.horseplayersassociation.org/2011/10/california-screamin.html http://maryforney.blogspot.com/2011/09/del-mar-wraps-up-2011-season.html via Pinboard - Del Mar Thoroughbred Club, the seaside oval that entertainment icon Bing Crosby and his Hollywood pals began in 1937, once again put on a sparkling show, wrapping up its 72nd season Wednesday with fanfare. Despite slight declines from last year in attendance and handle, the 37-day meet will go into… ]]> Thu, 08 Sep 2011 16:10:00 -0700 http://maryforney.blogspot.com/2011/09/del-mar-wraps-up-2011-season.html http://feedproxy.google.com/~r/blogspot/zJEw/~3/IdNZCw6mwKs/getting-handle-on-handle-drops.html Canadian Gambling News and Issues - Total handle was down a whopping 12.3% in August, as horse racing continues with a deer in the headlights approach. Why is this happening? Let me try to cover all the bases. First the negatives. Net Loss Of Horseplayers According to the McKinsey Report "2 percent of fans die, 5… ]]> Wed, 07 Sep 2011 13:41:00 -0700 http://feedproxy.google.com/~r/blogspot/zJEw/~3/IdNZCw6mwKs/getting-handle-on-handle-drops.html http://pullthepocket.blogspot.com/2011/09/going-after-dumb-money.html Pull the Pocket - About 2PM today, the S&P turned downwards, with traders worried about an overbought market on light volume, especially with the jobs news due out in the morning.CNBC spoke during the day about what to expect, and analysts relayed to the viewing public options, ETF's and other conduits to play the… ]]> Thu, 01 Sep 2011 17:16:00 -0700 http://pullthepocket.blogspot.com/2011/09/going-after-dumb-money.html http://www.insidesocal.com/horseracing/2011/08/some-interesting-numbers-at-de.html via Pinboard - Consider this: There was $390,684 in the pick five pool Sunday at Del Mar. This is a bet that carries a low 14 percent takeout. It's also a bet that, according to one representative of the Thoroughbred Owners of California, would never catch on with the bettors. Well, it's now… ]]> Mon, 15 Aug 2011 06:00:00 -0700 http://www.insidesocal.com/horseracing/2011/08/some-interesting-numbers-at-de.html http://www.horseracingbusiness.com/part-of-the-problem-with-pari-mutuel-wagering-6741.htm Horse Racing Business - U. S. pari-mutuel handle peaked in 2003 at $15.2 billion and dipped in 2010 to $11.1 billion. As a result, major metrics in the U. S. racing and breeding industry have followed suit. Gross purses in 2010 were $1.03 billion, the same as in 2000. The average auction price per… ]]> Sat, 06 Aug 2011 08:00:00 -0700 http://www.horseracingbusiness.com/part-of-the-problem-with-pari-mutuel-wagering-6741.htm http://feedproxy.google.com/~r/blogspot/zJEw/~3/E2Oj3qHdNN4/nothing-much-new-except-for-hana.html Canadian Gambling News and Issues - Parimutuel handle down 5% in June, close to 8% for the year Where is the bottom? Players continue to die off and they aren't being replaced. No reason for newbies to get into horse racing with its high learning curve. We need visible winners. That is what did it for… ]]> Sat, 09 Jul 2011 07:43:00 -0700 http://feedproxy.google.com/~r/blogspot/zJEw/~3/E2Oj3qHdNN4/nothing-much-new-except-for-hana.html http://feedproxy.google.com/~r/blogspot/zJEw/~3/imt3C5LdDYM/it-must-be-economy.html Canadian Gambling News and Issues - IT MUST BE THE ECONOMY Well, that is the excuse that seems to be prevalent over in California, as the leaders over there look to blame everything except their disastrous decision to hike takeout at the beginning of the year. It is estimated that handle at California A tracks will… ]]> Fri, 01 Jul 2011 06:10:00 -0700 http://feedproxy.google.com/~r/blogspot/zJEw/~3/imt3C5LdDYM/it-must-be-economy.html http://pullthepocket.blogspot.com/2011/06/california-handle-losses-drag-industry.html Pull the Pocket - Equibase reports that May handle was off by 8% and US handles are off about $400 million in 2011 overall.Fortunately, there is some silver lining. If you take out California, where the CHRB and TOC make policy in the state, handle losses are not nearly as bad. This season alone,… ]]> Sat, 04 Jun 2011 12:49:00 -0700 http://pullthepocket.blogspot.com/2011/06/california-handle-losses-drag-industry.html http://www.paulickreport.com/news/ray-s-paddock/u-s-pari-mutuel-handle-falls-again-in-may-this-time-by-nearly-8/ Paulick Report - Wagering on U.S. continued its downward spiral in May, with a decline of 7.80% from May 2010. Unlike several previous months, however, purses also declined though at a slower pace. Both declines in handle and total U.S. purses were exceeded by the drop in the number of race days, so… ]]> Sat, 04 Jun 2011 07:20:00 -0700 http://www.paulickreport.com/news/ray-s-paddock/u-s-pari-mutuel-handle-falls-again-in-may-this-time-by-nearly-8/ http://grevelisracing.blogspot.com/2011/05/lower-base-wager-high-handle.html Owning Racehorses - In today’s Daily Racing Form, Steve Anderson brings to light that the .50 cent Pick 5 wager has supplanted the Pick 6 as the wager of choice at Hollywood Park – at least when patrons are chasing the carryover.  Aside from the goofy ‘single winner’ requirement of the Rainbow Six… ]]> Sat, 14 May 2011 06:00:00 -0700 http://grevelisracing.blogspot.com/2011/05/lower-base-wager-high-handle.html http://jessicachapel.com/2011/04/19/hollywood-beckons/ Jessica Chapel / Railbird v2 - Santa Anita meet’s closed on Sunday and its numbers didn’t tell a happy story. David Milch’s racetrack drama probably won’t either, but the “Luck” preview released by HBO on Monday generates a good kind of excitement: ]]> Tue, 19 Apr 2011 15:19:00 -0700 http://jessicachapel.com/2011/04/19/hollywood-beckons/ http://blog.horseplayersassociation.org/2011/04/santa-anita-meet-numbers-total-handle.html Horseplayers Association of North America - The Santa Anita meet has concluded. Because there are no hard-numbers published, a HANA member who has been compiling betting numbers for various racetracks this year, has them for us. The source is Equibase. Total handle this year versus last was down (rounded) $122.9 million, or 20.80%. "Handle Per Race"… ]]> Mon, 18 Apr 2011 09:47:00 -0700 http://blog.horseplayersassociation.org/2011/04/santa-anita-meet-numbers-total-handle.html