purses

Stakes Purses Raised by $1.2 Million at Fair Grounds

Louisiana's Fair Grounds Race Course & Slots will host 73 black-type races worth a combined $9.7 million during the upcoming 76-day 2023-24 Thoroughbred meet, officials at the New Orleans oval announced Wednesday. The amount is up $1.2 million from last year, but does include $1 million in base purses offered Dec. 2 as Fair Grounds hosts the 25th annual Claiming Crown. That event returns to Fair Grounds for the first time since 2011 with purses ranging from $75,000 to $200,000. Another $25,000 in each race will be available in purse...

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Turfway MSW Purses Projected to Hold Steady at $70,000

Turfway Park purses for maiden special weight (MSW) races are projected to stay level at $70,000, the same as last season. The dovetailed 2023-24 meets that run through March will open Nov. 29. Chip Bach, Turfway's general manager, reported that projection during the Oct. 3 Kentucky Thoroughbred Development Fund (KTDF) advisory board meeting. The overall purse structure, Bach said, will also be "similar" to the previous meet "even though we're adding days and races." Bach said Turfway plans on running Wednesdays through Saturdays with a 5:55 p.m. Eastern first post,...

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Wagering Up 4.3% at Kentucky Downs

Edited Press Release The key indicators to measure the success of a race meet were either up or maintained a lofty level at the FanDuel Meet at Kentucky Downs, which came to a close Wednesday. Purses paid out to horse owners were a record for the 12th straight year. Money wagered was another record, increasing 4.3%. Field sizes remained among the highest in the country with an average of 10.42 starters per race. "Kentucky Downs' ownership led by Ron Winchell and Marc Falcone continually pushes us to present racing in...

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Fall MSW Purses At Churchill ($120k), Keeneland ($100k) To Be Level With '22 Money

Both Churchill Downs ($120,000) and Keeneland Race Course ($100,000) are projecting maiden special weight (MSW) purses this autumn to be level with the money paid out at the same meets in 2022. Those figures were revealed by representatives of the two tracks Thursday during a meeting of the Kentucky Thoroughbred Development Fund (KTDF) advisory committee. The Churchill MSW purses for this year's two fall meets (Sep. 14-Oct. 1 and Oct. 29-Nov. 26) have been unchanged since 2020. In 2020, Churchill offered split MSW purse values in September-$97,000 during the pandemic-rescheduled...

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Major Thoroughbred Economic Metrics Down in July

Wagering on U.S. races, available and paid purses and the total number of races days each saw declines to varying degrees during the month of July, according to information released by Equibase Sunday. Total wagering of $1.067 billion on races during the month represented a 6.68% decrease on the corresponding figure from 2022, while available purses of $123.3 million was off by just over 1% year over year. Paid purses of $117.6 million was down 2.48%, while the total number of race days dropped from 453 to 423 (6.62%). Average...

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MSW Projections: Ellis $70,000, Kentucky Downs $150,000

Purse levels for maiden special weight (MSW) races on the Kentucky circuit have been projected for the summer meets at Ellis Park ($70,000 through 24 dates in July and August) and Kentucky Downs ($150,000 for seven days in September). Those figures were disclosed by representatives of those tracks Wednesday during a meeting of the Kentucky Thoroughbred Development Fund (KTDF) advisory committee. The projected Ellis MSW purses will be a boost from the $60,000 offered in 2022. Kentucky Downs will remain year-over-year level at $150,000 after last bumping up MSW purses...

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Wagering Down, Purses Up in November

Purses for U.S. races continued their positive trend in November, while wagering handle ticked down to essentially put the year's betting numbers on par with 2021's figures heading into 2022's final month, according to economic indicator figures released by Equibase Monday. A total of $918,196,787 was bet on U.S. races in November, a 4.47% decrease from the $961,166,113 wagered in November 2021. For the year, $11,360,902,118 has been bet, just a .4% drop from the $11,406,643,956 wagered through 11 months in 2021. This year's total still represents an 11.7% increase...

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Wagering, Purses Up in September

Purses rose significantly in September this year compared to September 21 while wagering on U.S. races saw a slight uptick, with a similar split showing for the third quarter of 2022 vs. 2021, according to the economic indicator statistics released by Equibase Wednesday. Wagering totaled $936,206,774 in September, a 2.68% increase from the total of $911,734,704 in September 2021. This year's number, however, was a 9.98% drop-off from the $1,040,000,472 wagered in September 2020. Wagering per race day was $2,317,344, a 7% increase from last September, but an 18.67% drop...

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Record Purses for 2022 Colonial Downs Meet

Colonial Downs will offer a record of more than $600,000 in daily average purses and an expanded stakes schedule for the upcoming 2022 meet, starting July 11. The meet has six extra race days this year. The stakes schedule is highlighted by the $300,000 GIII Virginia Derby and $200,000 Virginia Oaks Sept. 6. Maiden special weight races during the meeting will carry a $60,000 purse. As a bonus, once again, all owners will be guaranteed $1,000 per start or their share of the purse money, and all trainers will receive...

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Purses Up For April

Purses are up 15.17% for April 2022 at $103,144,902 compared to $89,560,470 in April 2021. Race days, races and starts have also increased with 14 more race days this April than last year at this time. Meanwhile, wagering is down 2.06% from in April 2021 $1,102,169,529 to $1,079,452,871 in April 2022. Average wagering per race day has also decreased 6.74% from $3,950,428 to $3,684,139. However, wagering is up .19% for the year.

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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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Mahoning Valley Raises Purses 10%

Mahoning Valley Race Course raised purses 10%, effective Dec. 21. This is the second increase of the year. "We have had a good year here at Mahoning Valley, setting several handle records along the way," comments Elizabeth Rogers, Assistant Director of Racing, "the timing of this increase will help us set the stage for an even better 2022."

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