Tag: Wagering

Economic Indicators: Month-To-Month Wagering Numbers Fairly Steady In June

Equibase, LLC released its sixth monthly report of 2021 on Economic Indicators in Thoroughbred Racing on Tuesday, July 6. Due to the COVID-19 pandemic, Equibase has been providing monthly economic indicators advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing's performance throughout the year.

The total U.S. wagering for June of 2021 was nearly even with that of June 2019, despite a 12.60 percent drop in races held. In addition, June of 2019 had five weekends of racing, while June of 2021 only had four; wagering is typically much higher on weekends than on weekdays.

Comparison to June of 2020, when racing was seriously disrupted by the COVID-19 pandemic, actually shows a slight decline from $998 million in 2020 to $993 million in 2021.

Year-to-date numbers for 2019 versus 2021 show that total wagering has increased by 10.67 percent, while average daily wagering is up 23.79 percent.

The first six months of 2019 showed wagering totals of $5.6 trillion, while the first six months of 2020 brought in wagering of $5.05 trillion. In 2021, the first six months have increased to show wagering totals of $6.2 trillion.

June 2021 vs. June 2020
Indicator June 2021 June 2020 % Change
Wagering on U.S. Races* $993,147,243 $998,331,984 -0.52%
U.S. Purses $103,624,634 $69,469,595 +49.17%
U.S. Race Days 437 300 +45.67%
U.S. Races 3,413 2,485 +37.34%
U.S. Starts 23,870 20,146 +18.49%
Average Field Size 6.99 8.11 -13.73%
Average Wagering Per Race Day $2,272,648 $3,327,773 -31.71%
Average Purses Per Race Day $237,127 $231,565 +2.40%
2nd QTR 2021 vs. 2nd QTR 2020
Indicator 2nd QTR 2021 2nd QTR 2020 % Change
Wagering on U.S. Races* $3,511,798,209 $2,545,997,500 +37.93%
U.S. Purses $299,952,725 $118,940,997 +152.19%
U.S. Race Days 1,115 508 +119.49%
U.S. Races 9,090 4,290 +111.89%
U.S. Starts 65,092 36,101 +80.31%
Average Field Size 7.16 8.42 -14.91%
Average Wagering Per Race Day $3,149,595 $5,011,806 -37.16%
Average Purses Per Race Day $269,016 $234,136 +14.90%
YTD 2021 vs. YTD 2020
Indicator YTD 2021 YTD 2020 % Change
Wagering on U.S. Races* $6,277,894,486 $5,054,526,907 +24.20%
U.S. Purses $514,950,882 $324,168,648 +58.85%
U.S. Race Days 1,881 1,301 +44.58%
U.S. Races 15,792 10,906 +44.80%
U.S. Starts 117,303 88,074 +33.19%
Average Field Size 7.43 8.08 -8.02%
Average Wagering Per Race Day $3,337,530 $3,885,109 -14.09%
Average Purses Per Race Day $273,764 $249,169 +9.87%

 

2019 Comparisons:

June 2021 vs. June 2019
Indicator June 2021 June 2019 % Change
Wagering on U.S. Races* $993,147,243 $990,923,384 +0.22%
U.S. Purses $103,624,634 $115,194,834 -10.04%
U.S. Race Days 437 499 -12.42%
U.S. Races 3,413 3,905 -12.60%
U.S. Starts 23,870 27,726 -13.91%
Average Field Size 6.99 7.10 -1.50%
Average Wagering Per Race Day $2,272,648 $1,985,818 +14.44%
Average Purses Per Race Day $237,127 $230,851 +2.72%
2nd QTR 2021 vs. 2nd QTR 2019
Indicator 2nd QTR 2021 2nd QTR 2019 % Change
Wagering on U.S. Races* $3,511,798,209 $3,137,805,499 +11.92%
U.S. Purses $299,952,725 $316,882,492 -5.34%
U.S. Race Days 1,115 1,260 -11.51%
U.S. Races 9,090 10,167 -10.59%
U.S. Starts 65,092 73,409 -11.33%
Average Field Size 7.16 7.22 -0.82%
Average Wagering Per Race Day $3,149,595 $2,490,322 +26.47%
Average Purses Per Race Day $269,016 $251,494 +6.97%
YTD 2021 vs. YTD 2019
Indicator YTD 2021 YTD 2019 % Change
Wagering on U.S. Races* $6,277,894,486 $5,672,774,271 +10.67%
U.S. Purses $514,950,882 $544,002,132 -5.34%
U.S. Race Days 1,881 2,104 -10.60%
U.S. Races 15,792 17,457 -9.54%
U.S. Starts 117,303 130,239 -9.93%
Average Field Size 7.43 7.46 -0.44%
Average Wagering Per Race Day $3,337,530 $2,696,185 +23.79%
Average Purses Per Race Day $273,764 $258,556 +5.88%

* Includes worldwide commingled wagering on U.S. races.

 

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Wagering Down Slightly in June from 2020

Wagering on U.S. races has dipped slightly from $998,331,984 in 2020 to $993,147,243 this season, according to the Thoroughbred Racing Economic Indicators released by Equibase Tuesday. The drop represents a 0.52% change over a year ago. Conversely, wagering rose 0.22% from pre-COVID-19 figures in 2019 when $990,923,384 was wagering during the month of June. In 2021, purses rose 49.17% to $103,624,634 from last year as did race days which increased to 437 from 300 in 2020. Purse figures for the comparable time frame in 2019 were $115,194,83, with 499 race days conducted in June of that year. Also up over last year, 3,413 races were contested in the U.S. (+37.34%) as was number of starts, rising 18.49% to 23,870. Average purse size fell 13.73% to 6.99 last month, while average wagering per race day tumbled 31.71% to $2,272,648. Average purses per race day increased by 2.4% to $237,127.

Generally speaking, the year-to-date figures showed increases, including U.S. wagering rising 24.20% to $6,277, 894,486 and U.S. purses rising 58.85% to $514,950,882. Also showing big gains from 2020 to 2021, U.S. race days rose 44.58% to 1,881 and U.S. race days increasing to 15,792 from 10,906 in 2020. Average field size fell to 7.43 from 8.08, while average wagering per race day also dipped to $3,337,530 from $3,885,109.

The post Wagering Down Slightly in June from 2020 appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Saturday’s Cross Country Pick 5 Offers Action From Belmont, Woodbine, Delaware

The New York Racing Association Inc. [NYRA] will host a Cross Country Pick 5 on Saturday featuring racing action from Belmont Park, Woodbine Racetrack and Delaware Park.

Free Equibase past performances for the Cross Country Pick 5 sequence are available for download at https://www.nyra.com/belmont/racing/cross-country-wagers.

Saturday's sequence kicks off in Race 7 at 4:21 p.m. Eastern with a 1 1/16-mile allowance event for 3-year-olds and up on the Woodbine Tapeta.

A talented field of 11 will see the 2020 Coronation Futurity-winner Stephen commence his path to the Queen's Plate for trainer Kevin Attard against a group of older horses led by the Josie Carroll-trained Belichick, who finished second in last year's Queen's Plate in September ahead of a four-length score in the Breeders' in October at Woodbine, the third and final leg of the Canadian Triple Crown.

Action switches to Belmont for the second leg [Race 8, 4:40 p.m.], a 1 1/16-mile optional-claiming event on the inner turf for sophomores featuring the grass debut of Woodslane Farm's Wolfie's Dynaghost, a half-brother to multiple graded stakes winning turf specialist Sadler's Joy. A deep field of contenders includes the graded-stakes placed Shawdyshawdyshawdy, who finished third last out in the off-the-turf Grade 3 Pennine Ridge; and the stakes-placed Space Launch, the third-place finisher in the Awad in October over yielding turf at Belmont.

The middle leg begins the stakes portion of the sequence with the Grade 3, $300,000 Delaware Oaks [Race 8, 4:45 p.m.], a 1 1/16-mile test for sophomore fillies topped by 6-5 morning-line favorite Crazy Beautiful for trainer Kenny McPeek. The Liam's Map gray captured the Grade 2 Gulfstream Park Oaks in March and last out won the Grade 2 Summertime Oaks on May 30 at Santa Anita Park.

The penultimate leg will mark the seasonal debut of Juddmonte Farms' Viadera in the $100,000 Perfect Sting [Race 9, 5:12 p.m.], a one-mile Widener turf test for older fillies and mares at Belmont. Trained by four-time Eclipse Award-winner Chad Brown, Viadera won 3-of-4 starts last year, including a nose score in the Grade 1 Matriarch last out in November at Del Mar.

Closing out the sequence is a 1 1/16-mile optional-claiming event [Race 9, 5:22 p.m.] for fillies and mares 3-years-old and up on the E.P. Taylor Turf Course at Woodbine. Hall of Fame trainer Mark Casse sends out a trio of contenders in multiple graded stakes placed Art of Almost [21-3-5-5, $239,448], the improving Tappitty Tappitty [9-2-3-1, $98,246] and the consistent Preferred Guest [17-3-5-3, $232,809].

The minimum bet for the multi-track, multi-race wager is 50 cents. Wagering on the Cross Country Pick 5 is also available on ADW platforms and at simulcast facilities across the country. Every week will feature a mandatory payout of the net pool. The Cross Country Pick 5 will continue each Saturday throughout the year. For more information, visit NYRABets.com.

Cross Country Pick 5 for Saturday, July 3
Leg A: Woodbine – Race 7 (4:21 p.m.)
Leg B: Belmont Park – Race 8 (4:40 p.m.)
Leg C: Delaware Park – Race 8 – Grade 3 Delaware Oaks (4:45 p.m.)
Leg D: Belmont Park – Race 9 – Perfect Sting (5:12 p.m.)
Leg E: Woodbine – Race 9 (5:22 p.m.)

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Pimlico Schedules Mandatory Payout Of State-Record Rainbow 6 Carryover For July 4

A mandatory payout in the Rainbow 6, currently featuring a Maryland state record carryover jackpot, has been scheduled for Sunday's stakes-filled Independence Day holiday program at historic Pimlico Race Course.

Entering Friday's eight-race program that begins at 12:40 p.m., the jackpot stands at $1,351,928.63. The popular multi-race wager has gone unsolved for 25 consecutive racing days since being hit for a $23,346.70 payout May 7.

The Rainbow 6 jackpot is paid out only when there is a single unique ticket sold with all six winners. On days when there is no unique ticket, 60 percent of that day's pool goes back to those bettors holding tickets with the most winners while 40 percent is carried over to the jackpot pool.

However, on mandatory payout days the entire pool is paid out to the bettor or bettors with the most winners in the six-race sequence.

Introduced in Maryland April 2, 2015 on opening day of Pimlico's spring meet, the Rainbow 6 has far surpassed its previous state record carryover of $345,898.33 spanning 31 racing programs before being solved by one lucky bettor for a life-changing $399,545.94 payout April 15, 2018 at Laurel Park. The winning ticket was purchased through Maine off-track betting.

Friday's Rainbow 6 will span Races 3-8. The sequence opens with a waiver maiden claimer for 2-year-old fillies sprinting five furlongs on the main track, and includes two races scheduled for one mile over the turf course which drew a total of 28 entries.

Highlighting the Independence Day stakes are a pair of six-furlong springs – the $100,000 Concern for 3-year-olds featuring Mighty Mischief, winner of the May 15 Chick Lang (G3) at Pimlico, and $100,000 Lite the Fuse for 3-year-olds and up led by record-setting 2020 Chick Lang winner Yaupon. Both horses are trained by Hall of Famer Steve Asmussen.

Other stakes are the $100,000 Caesar's Wish for fillies and mares 3 and up going 1 1/16 miles and $75,000 Jameela for Maryland-bred/sired females 3 and older scheduled for five furlongs on the grass. The Lite the Fuse and Caesar's Wish are both part of the Mid-Atlantic Thoroughbred Championship (MATCH) Series.

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