Equibase | Horse Racing Free Tips

Breeders’ Cup Classic Six-Furlong Time Adjusted

Saturday's GI Longines Breeders' Cup Classic won by Flightline (Tapit) has officially had its six-furlong split adjusted to a corrected time of 1:09.27 after the sensor was tripped early by an outrider heading to assist Epicenter (Not This Time), who was pulled up on the Keeneland backstretch with a condylar fracture to his right front.

The official statement, jointly released by Equibase and Keeneland, reads as follows:

During the running of the GI Longines Breeders' Cup Classic on Nov. 5, 2022, at Keeneland, the timing eye for the three-quarter fraction was inadvertently tripped by an outrider as he was making his way to tend to pulled-up Epicenter. A back-up time of 1:09.62 was produced on race day for that fraction. As per Equibase policy, the fractional time underwent comprehensive video review to verify its accuracy. After this review, it was determined that the three-quarter fractional time for the Classic was 1:09.27. No other times were affected, including the final time of 2:00.05.

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Sinatra Resigns As President And COO Of Equibase

Sal Sinatra, president and chief operating officer of Equibase, resigned Friday, according to a release of the Equibase Corporation.

“I am stepping aside at this point so that I may dedicate my time to personal issues that require my full attention,” said Sinatra. “I am grateful to the members of the Equibase Management Committee for their support of me and to my co-workers at Equibase Company and The Jockey Club for their help and kind assistance since I joined Equibase one year ago.”

Ian Highet, chairman of Equibase, said that James L. Gagliano, president and chief operating officer of The Jockey Club, will assume the role of president of Equibase in the interim. Equibase will commence a search for a new president, which will include internal and external candidates.

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Wagering Down in March, Narrowly Up for First Quarter

Betting on U.S. Thoroughbred races dropped slightly in March compared to the month's total in 2021, while remaining narrowly ahead through 2022's first three months compared to its pace from the first quarter of 2021, according to Equibase's report of economic indicators released Tuesday.

Overall, $942,589,741 was wagered in March, a 2.37% decline from $965,453,678 in March of 2021. The number of race days conducted was nearly identical, with 291 being run this March compared to 292 last year, making the average wagering per race day $3,239,140, down 2.03% from last March's average of $3,306,348. Purses rose 6.15% to $86,833,249 this March compared to $81,798,689 from last year. Average field size dropped 3.03% from 7.59 horses per race to 7.36.

Through the first quarter of 2022, a total of $2,796,360,290 has been bet, a 1.09% increase from $2,766,166,337 in 2021. However, with 807 race days having been run through March this year compared to 766 by the same point in 2021, average wagering per race day is down 4.04% at $3,465,130 compared to $3,611,183. Purses are clearly outpacing last year's numbers at $244,753,188, a 13.84% increase from 2021's first quarter total of $214,998,157, while field size for the first quarter averaged 7.56, a 3% decrease from 7.79 in 2021.

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U.S. Wagering, Purses Climb in February

Total wagering on U.S. races topped $911 million and purse money exceeded $75 million in the month of February, according to statistics released Friday by Equibase.

Compared to the $840.5 million wagered on U.S. races in 2021, the current figure represented a healthy gain of 8.39% while purse money rose by a whopping 22.09%. The number of U.S. race days and number of races run each increased by double digits, though average field size and the average wagering per race day declined modestly. Average purses per race day were $295,009, an increase of 4.04% over 2021.

When compared to February 2020, weeks before the COVID-19 pandemic began to wreak havoc on North American racing, wagering this year was ahead by 1.09%, while U.S. purses were down by about 2%.

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