field size

Fewer Races Lead To Lower Numbers In October Economic Indicators

A -1.57% decrease in races and -1.58% in total race days in October lead to declines across the board compared to the same month a year ago.  Wagering totaled $796,468,476, a -2.71% decrease over last year while purses were also down (-1.63% available and -2.44% paid) to match available wagering per race day (-1.16%). Looking at the year to date, while wagering is still down (-2.88%), both available and paid purses are in the green (+0.79% and +0.50% respectively). Race days and total races are both down year over year...

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At Halfway Point, Saratoga's Handle Up Slightly from Last Year

With 20 days down and 20 days to go for Saratoga 2024, the handle numbers are remarkably close to what NYRA posted in 2023. At the end of Wednesday's last race, $390,617,175 had been wagered on the meet, a 0.4 percent increase from the midway point of the 2023 meet. Last year's racing season was a trying one for NYRA as rain decimated parts of the meet. A total of $799,229,288 was bet on the 40 days of racing, a decline of 9 percent from 2022 figures. The wet weather...

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Fewer Race Days In July Drop Economic Indicators

July 2024 saw declines across the board compared to the same month last year with only average field size (+0.98%) and average available purses per race day (+3.42%) seeing gains for the month. With race days down to 383 from 423 last year (-9.46%), wagering, available purses, races and starts all saw declines. Race days are down year-to-date (2,173 vs. 2,284) leading to declines in wagering (-3.20%), races (-4.63%) and starts (-3.87%). Available wagering per race day (+1.74%) and average available purses per race day (+8.88 %) both showed gains...

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Handle Drops by 3.7% in 2023 as Purses Also Take a Slight Dip

According to data released Friday by Equibase, handle in 2023 fell by $447,759,362 for a decline of 3.7 percent. Had handle not rebounded in December, which saw a 6.62% increase, the figures would have looked much worse. Outside of the COVID year of 2020, this was the steepest decline based on percentage of handle since 2011. A total of $11,658,624,859 was wagered in 2023. "I think we got quite a blip coming out of the pandemic when we were the only game in town," said Marshall Gramm, an economics professor,...

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Large Fields, Quality Racing Mark Successful Del Mar Meet

Del Mar marked eight weeks of increased field sizes and high-quality racing that ended Sunday. "Overall, just a tremendous summer of quality racing," Racing Secretary David Jerkens says. "Especially Pacific Classic Day. You look back and see how strong of a card that was. I think some of the winners and horses that ran well on that card have bright futures for the Breeders' Cup." The talk around the racing industry is the field sizes again this year at Del Mar. "It was a robust number that I think any...

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Wagering Does An About Face, Increases In March

After wagering dropped by a troubling 6.22% through the first two months of the year, the sport rebounded in March. According to figures released Thursday by Equibase, handle was up 2.14% during the month when compared to 2022. A total of $962,703,949 was wagered in March. In the category of average wagering per race day, there was an increase of 1.10%. Handle is still down by 3.40% for the year. The advances reversed a trend that began in October of last year. Handle fell by 4.93% in October and continued...

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Thoroughbred Racing Economic Indicators: Purses Up, Wagering Down

On Monday Equibase released its January figures for the Thoroughbred industry's economic indicators, which showed increases in purses and number of races but downturns in total daily wagering, average wagering per race day on U.S. races, and field size. Overall, total purses of $90,069,945  in the first month of 2023 increased by 9.7% over the figure of $82,102,162 reported a year ago. However, January's $874,180,855 in worldwide commingled wagering on U.S. races showed a 7.19% drop in total wagering, and the average wagering per race day number of $3,298,796 represented...

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Del Mar Summer Meet Set New Records on Multiple Fronts

Highlighted by the buzz around Flightline (Tapit)'s stellar GI TVG Pacific Classic performance in the track's signature event, Del Mar had record wagering and field size for the 31-day summer meet that ended Sunday, as well as a continued excellent safety record for the fourth consecutive year. There were no catastrophic injuries among 2,688 starters in the meet's 294 races. The 83rd summer meet at Del Mar Thoroughbred Club (DMTC) set new records for average daily handle with $18.69 million a day, an increase of 1.5% from last year's $18.41...

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Josh Rubinstein Q&A: “There's a Lot of Good News”

For 85 years already, surf and turf have been kissing cousins at Del Mar, and Friday anoints the latest rekindling of that summer fling at the SoCal seaside venue. To discuss the meet--which runs through Sept. 11--the TDN sat down with Josh Rubinstein, president of the Del Mar Thoroughbred Club, who spoke field size, purse bonuses, stabling and a certain high-flying trainee. The following has been edited for brevity and clarity. TDN: Opening day is Friday with a sold-out crowd and an impressive average field size of 11 horses per-race....

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This Side Up: Ready for Our Close-Up?

"Wait a minute, haven't I seen you before? I know your face... You're Norma Desmond. You used to be in silent pictures. You used to be big." "I am big. It's the pictures that got small." That, unforgettably, is how we meet Gloria Swanson in Sunset Boulevard; and that, you fear, is rather how we meet the faded star of Memorial Day Weekend. Aptly, the first name carved onto the Hollywood Gold Cup has itself become that of an Oscar nominee. Seabiscuit was followed by some of the icons of...

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Santa Anita Field Size: 5 Years of Numbers

The flag has already been planted midway through Santa Anita's current Winter-Spring meet, and prevailing headwinds are still driven by worries over field size. The following table is an analysis of the average field sizes during the first 15 weeks of the Santa Anita Winter meet--a timeframe excluding Santa Anita Derby weekend--over the past five years. In tandem with the above numbers, total handle for the meet thus far--including last weekend--decreased by 1% between last year and this, a number that comes out to nearly $8 million. That's with one...

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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...

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