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General Category => Harness Racing => Topic started by: theokodjak26 on April 27, 2024, 11:27:08 PM

Title: Vernon Downs Opening Night
Post by: theokodjak26 on April 27, 2024, 11:27:08 PM
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 27, 2024, 11:38:46 PM
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

The difference is how much slot revenue generates.  See Buffalo Raceway's handle tonight Saturday 4-27-24!
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 27, 2024, 11:44:57 PM
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?
 

See race 9--25.4 53.4 to the 1/2 mile for n/w 3500/L5

Will the horses that cut this 1/2 be racing next week?
Title: Re: Vernon Downs Opening Night
Post by: CMJAnew on April 28, 2024, 07:53:52 AM
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

It’s a losing proposition. But, per the owner’s words; it doesn’t matter. His other NY track handles even less on a per race day/night. And you know what? Again, it doesn’t matter.
Title: Re: Vernon Downs Opening Night
Post by: Papillon on April 28, 2024, 11:16:02 AM
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?

They lose money on horse racing--but they must race to keep the slots going

same for Tioga

if they cared about racing-they wouldn't race when everyone else does, but Gural's theory is to create more foot traffic for the gaming side of the business-so they race on weekends

handle means nothing-they could increase handle if they raced on Tuesday and Wednesday nights--but his "foot traffic" would decline
Title: Re: Vernon Downs Opening Night
Post by: batavia24 on April 29, 2024, 11:49:21 AM
Going to VD for 50 yrs Way better than any other harness track in NY People are great there Never had a bad expience there Say what you want but it will be a very sad day when it goes away
Title: Re: Vernon Downs Opening Night
Post by: SwankToliverA on April 29, 2024, 01:17:53 PM
Going to VD for 50 yrs Way better than any other harness track in NY People are great there Never had a bad expience there Say what you want but it will be a very sad day when it goes away
I'm happy you had a good night, Saturday.
Title: Re: Vernon Downs Opening Night
Post by: talkstohisself on April 29, 2024, 01:44:36 PM
Vernon is a nice family friendly racetrack, good food decent crowd and competitive racing. The horse that went that big mile looked like he could have gone around again very good conditioning job by his connections.
Title: Re: Vernon Downs Opening Night
Post by: dinkadoo on April 29, 2024, 01:51:09 PM
Well after 14 races a total of $152,200 was bet for the night. That’s only $10,870 per race which included Superfecta pools under $1,000. Having never owned a racetrack does anyone know if this is a losing proposition or can a track make any money with these betting amounts?
for nearly all tracks -- the business model for a harness track is to operate purely for the subsidies given to horsemen to get what owners really want.... Casino's or in Jersey's case, a slice of the pie from casino's in AC...

Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 29, 2024, 02:48:35 PM
for nearly all tracks -- the business model for a harness track is to operate purely for the subsidies given to horsemen to get what owners really want.... Casino's or in Jersey's case, a slice of the pie from casino's in AC...

Then how come the sport can get old/new owners in the sport with the higher “slot infused” purses??
How many individuals here got into harness racing before ‘slot infused purses’? 
FYI, I got involved in 2004 at Pompano Park [RIP] before slots occurred there.
Title: Re: Vernon Downs Opening Night
Post by: Stan durbread on April 29, 2024, 03:10:44 PM
I’m guessing you meant “can’t “ get old/new owners involved. Biggest issue is lack of policing the industry. That means getting someone to get rid of the junk.  Guys with major positives need to be removed completely. Also the guys that regularly steal money from owners with the way the invoice. Owning horses or any other animal for sport is risky enough without people feeling like they got cheated.
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 29, 2024, 05:24:28 PM
They lose money on horse racing--but they must race to keep the slots going

same for Tioga

if they cared about racing-they wouldn't race when everyone else does, but Gural's theory is to create more foot traffic for the gaming side of the business-so they race on weekends

handle means nothing-they could increase handle if they raced on Tuesday and Wednesday nights--but his "foot traffic" would decline

Food for thought—would Vernon be ‘paradise’ if given the buffalo raceway purse structure??
Title: Re: Vernon Downs Opening Night
Post by: batavia24 on April 29, 2024, 05:49:01 PM
Tioga purses pretty good Go to shithole in Buffalo draw 6-7-8 good luck Morill Kevin inside good luck Race against the many no goods up there good luck Get your horse not to be crippled on that track good luck And most of all don't question any of the stupid things they do Still waiting for someone to give me ONE good thing about that place
Title: Re: Vernon Downs Opening Night
Post by: Stan durbread on April 29, 2024, 05:50:23 PM
Yes. It is a mile track with a good surface. Much better than a 1/2 with a crap surface if you trying to keep one sound enough to race every week
Title: Re: Vernon Downs Opening Night
Post by: Stan durbread on April 29, 2024, 05:51:30 PM
Tioga purses pretty good Go to shithole in Buffalo draw 6-7-8 good luck Morill Kevin inside good luck Race against the many no goods up there good luck Get your horse not to be crippled on that track good luck And most of all don't question any of the stupid things they do Still waiting for someone to give me ONE good thing about that place

They only race 1/2 the year
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 29, 2024, 05:55:48 PM
They only race 1/2 the year

Buffalo only races march-July now!!
Title: Re: Vernon Downs Opening Night
Post by: Bitter Truth on April 29, 2024, 05:56:27 PM
I believe Vernon is a 7/8 track Stan.
Title: Re: Vernon Downs Opening Night
Post by: SwankToliverA on April 29, 2024, 06:01:52 PM
They only race 1/2 the year
Even better- less than half a year, more like 4 months. Honestly wish they would race at Batavia year round.
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 29, 2024, 06:04:20 PM
Even better- less than half a year, more like 4 months. Honestly wish they would race at Batavia year round.

That was seriously considered. However you need racing for the VLT’S (slots)!!
Title: Re: Vernon Downs Opening Night
Post by: batavia24 on April 29, 2024, 06:12:58 PM
Why did nt Tubin get the whole month of July for Btva where they actually draw people? Instead 3 racing days only Gdamn joke
Title: Re: Vernon Downs Opening Night
Post by: talkstohisself on April 29, 2024, 06:26:22 PM
NYS  hands billions of dollars to t- bred racing in this state and pocket change to the harness. Fingerlakes race track 14k pot for a 5 claimer for horses the end up in a kill pen after five years   sad situation .
Title: Re: Vernon Downs Opening Night
Post by: The Exporter on April 29, 2024, 06:38:06 PM
NYS  hands billions of dollars to t- bred racing in this state and pocket change to the harness. Fingerlakes race track 14k pot for a 5 claimer for horses the end up in a kill pen after five years   sad situation .
Your information may be a little off.
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 29, 2024, 06:43:21 PM
Your information may be a little off.

The information is correct!  $ 500k in purse increases for finger lakes 2024 meet!!
Title: Re: Vernon Downs Opening Night
Post by: talkstohisself on April 29, 2024, 06:47:56 PM
Exporter this is horse plop we never let facts interfere with our story . I read a spectrum news article by Zack Fink from march 06 2023 too lazy to cut and paste but can be found on the internet 
Title: Re: Vernon Downs Opening Night
Post by: talkstohisself on April 29, 2024, 06:54:02 PM
Sunday racing at Batavia was a good draw Hoover stopped that. dollar dogs and drinks fun for the kids. Afraid they might attract new patrons.
Title: Re: Vernon Downs Opening Night
Post by: SwankToliverA on April 29, 2024, 09:43:48 PM
That was seriously considered. However you need racing for the VLT’S (slots)!!
I know and it's unfortunate, because Batavia is all around better than Buffalo.
Title: Re: Vernon Downs Opening Night
Post by: The Exporter on April 30, 2024, 06:10:22 AM
NYS  hands billions of dollars to t- bred racing in this state and pocket change to the harness. Fingerlakes race track 14k pot for a 5 claimer for horses the end up in a kill pen after five years   sad situation .
A statement from the Comptroller's office, October , 2023; "In SFY 2022-23, the State’s gaming revenues totaled over $4.8 billion"...
This figure is from all gaming sources. If the NYRA and Finger Lakes VLT agreement is for 10% of the gross revenue, hands over billions to T-bred racing as you say is impossible. 
Title: Re: Vernon Downs Opening Night
Post by: Stan durbread on April 30, 2024, 07:38:02 AM
And sadly most of you still can’t understand the $$$ doesn’t come from the state. It is paid by the casinos. If they decouple tomorrow all that money will be headed to Vegas where most casino headquarters are
Title: Re: Vernon Downs Opening Night
Post by: Parked on April 30, 2024, 12:28:18 PM
If you think  when decoupling comes about the $$$ the casinos are now forwarding to purse accounts will all go to Vegas you are nuts.  The deal will have the politicians splitting with the casinos.
Title: Re: Vernon Downs Opening Night
Post by: Blue Skies on April 30, 2024, 07:04:05 PM
Can't keep track of the Huckabones anymore. I see Bailey is back after getting arrested for assaulting another driver at Saratoga but at least it wasn't his girlfriend again. No handle but the buffet is still good though
Title: Re: Vernon Downs Opening Night
Post by: rainman2 on April 30, 2024, 07:05:11 PM
Can't keep track of the Huckabones anymore. I see Bailey is back after getting arrested for assaulting another driver at Saratoga but at least it wasn't his girlfriend again. No handle but the buffet is still good though

At the track itself or the hotel??
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