Monthly Archives: December 2011

Article: Montana Suspends Simulcast Operations | BloodHorse.com

Perhaps it’s time to privatize the process, given the examples of Montana, New York OTB, and NYRA losing money despite a huge takeout…
Montana Suspends Simulcast Operations | BloodHorse.com http://www.bloodhorse.com/horse-racing/articles/66764/montana-suspends-simulcast-operations
The Montana Board of Horse Racing is suspending simulcast operations for up to two months while a business advisory committee determines why the board [...]

Article: Rapid Redux entered for Wednesday race at Laurel - Thoroughbred Times

Rapid Redux entered for Wednesday race at Laurel - Thoroughbred Times http://www.thoroughbredtimes.com/racing-news/2011/12/30/rapid-redux-entered-for-wednesday-race-at-laurel.aspx
Rapid Redux will try for his 22nd straight victory on Wednesday in the sixth race at Laurel Park, a $17,000 starter allowance race which drew a field of ten.
The five-year-old Pleasantly Perfect gelding recently bested the modern-day consecutive wins record [...]

Article: Gulfstream Park Derby debuts on Sunday

And so the road to the 2012 Triple Crown begins…
Gulfstream Park Derby debuts on Sunday http://www.miamiherald.com/2011/12/29/2565791/gulfstream-park-derby-debuts-on.html
The first of the year also means the beginning of the Triple Crown trail to the Kentucky Derby. The first stakes on that road is Sunday’s Gulfstream Park Derby, a new race on the calendar.
The 1 1/16-mile event worth [...]

Article: NYRA’s Hayward says takeout reduction permanent - ESPN

As egregious as NYRA’s error is, what should serve as a wake up call to all fans of horse racing is the obscenely high takeout charged day in and day out.  Two choices here, as I see it: Stick to insisting on value investments only, be very selective, or shop for other racing jurisdictions with [...]

Article: Santa Anita Opener Biggest in Years

Good news for racing…
Santa Anita Opener Biggest in Years | BloodHorse.com http://www.bloodhorse.com/horse-racing/articles/66719/santa-anita-opener-biggest-in-years
A crowd of 44,579 thronged to Santa Anita for its opening-day card Dec. 26, the largest since 1994. An hour after The Factor won the Malibu Stakes (gr. I), last race on the card, the traffic still clogged the surface streets surrounding the racetrack, [...]

Article: As Santa Anita Park opens, smartphones take center stage with the horses | Techi.com

A holiday present from Santa Anita…if you’ve got your smartphone you can bet from wherever you are!
As Santa Anita Park opens, smartphones take center stage with the horses | Techi.com http://www.techi.com/2011/12/as-santa-anita-park-opens-smartphones-take-center-stage-with-the-horses/
Opening Day brings a tech angle that is drawing attention from both racing fans and leaders from other industries who are interested [...]

Article: NYRA Takeout Error Missed by Other Agencies | BloodHorse.com

15 months?  Shocking. Not just a ‘public relations’ issue as they’d like to think, but an 15 month error that has the potential to undermine bettor confidence. 
NYRA Takeout Error Missed by Other Agencies | BloodHorse.com http://www.bloodhorse.com/horse-racing/articles/66701/nyra-takeout-error-missed-by-other-agencies
Just days after being praised by state officials for their fiscal openness, officials with the New York Racing [...]

Article: Hoosier Park Invests $3M in OTB Experience | BloodHorse.com

Good for Hoosier Park. The new facility looks beautiful and modern!
Hoosier Park Invests $3M in OTB Experience | BloodHorse.com http://www.bloodhorse.com/horse-racing/articles/66704/hoosier-park-invests-3m-in-otb-experience
Hoosier Park Racing & Casino has invested $3 million in a new off-track wagering facility designed to attract a broader range of customers in downtown Indianapolis.
The “Winner’s Circle Pub, Grille & OTB” [...]

Article: NYRA Lowers Exotics Takeout After Overcharge | BloodHorse.com

Talk about closing the barn door after the horse has escaped. This is outrageous, and will be detrimental to the confidence of bettors.
NYRA Lowers Exotics Takeout After Overcharge | BloodHorse.com http://www.bloodhorse.com/horse-racing/articles/66682/nyra-lowers-exotics-takeout-after-overcharge
The New York Racing Association has lowered the pari-mutuel takeout rate for several wagers after having overcharged bettors for more than a [...]

Article: Board says NYRA overcharged customers millions in 2010 - Thoroughbred Times

Absolutely outrageous, grossly negligent misconduct here.  And for this of you ValueCappers who struggle with exotic bets, take a look at those takeouts, and you’ll understand what you’re up against. 
Board says NYRA overcharged customers millions in 2010 - Thoroughbred Times
http://www.thoroughbredtimes.com/national-news/2011/12/21/nyra-overcharged-customers-millions-in-2010.aspx
New York Racing Association bettors who thought payouts were coming back a little short in [...]