Racing Economic Indicators: U.S. Wagering Down Marginally in November

Despite the rise in the COVID-19 infection rate in many states around the country, wagering on U.S. races managed to remain relatively stable, with only a slight dip from 2019 figures. A total of $895,325,220 was wagered last month, down 6.33% from November of 2019. Year-to-date figures decreased only 1.48% from $10,326,096,182 bet in 2019. Both figures include worldwide commingled wagering on U.S. races. In November, average wagering per race day jumped by 35.49% up to $3,996,998, while the year-to-date figure showed a similar pattern, rising by 33.78% to $3,310,512.

On the other hand, purses dropped precipitously last month when compared to the same period in 2019: a drop of 20.47% to $92,058,080 in 2020. From the start of the year through November, purses fell 26.28% to $812,146,506. Average purses per race day showed a slight increase to $264,285 (YTD), while rising by 15.03% to $410,974 for the month.

While U.S. race days fell from 324 to 224 last month, average field size showed a slight gain of 4.35% to 8.35.

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Casino Gambling – The Choices

Casino gambling isn’t just a few Poker games with a Roulette wheel thrown in for good measure; your casino offers many different games with a variety of stakes. For the frugal among us, the nickel slot machines are a very good bet. You can spend an entire evening gambling with as little as five dollars and still enjoy the thrills of hitting a jackpot. The quarter slots are more popular, but if you have more to spend, this kind of gambling may be right up your alley. Some people do nothing in their favorite casino except play the slots.

For the card player, casino gambling offers blackjack and poker as main attractions. Casinos vary these games depending on the house rules. Some tables have lower stakes but use more decks to keep the game interesting, other gambling houses feature higher stakes games with one or only a couple of card decks in play. Make sure you know the house rules on subjects like table etiquette and gambling limits before you play. Some houses are very particular about when it’s ok to touch cards, and what’s considered a forfeit. For example, many casinos won’t recognize a hand if any card touches the discard pile. Knowing these details will come in handy when you’re ready to gamble.

The roulette wheel is another kind of gambling altogether. This classic game, along with the dice tables, can be confusing for a newcomer. The best thing to do if you are unfamiliar with any game is to watch and ask questions before putting gambling any money. The casino staff is trained to help you and nobody will think you’re foolish for learning the rules before you put down any cash.

Casino gambling may also include video poker, games of skill and electronic dice games. Once you’ve learned the ins and outs of these games, you may find them as exhilarating as the old-fashioned versions of blackjack, craps and poker. As always, know your limits, go to have fun and enjoy your casino experience!

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