HORSEPLOP.COM
General Category => Harness Racing => Topic started by: bello on January 06, 2025, 10:22:26 AM
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Looks like they took another significant hit.
How low can they go?
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It doesn't matter there. A huge % of the horses that race there have no where else to go. They have to accept the purses or get out of the business. I don't know how owners can pay their bills with such small purses.
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Very few horses earn their keep at Monticello, and even less when Freehold was still open, plus alot of other tracks with low purses, but for some reason most of the owners are still racing which makes no sense when you lose money almost every year.
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Wouldn't you need to have an outside job--or have owners to survive at Monti??
Plus these owners-would then need to have income outside of racing and use the losses as a tax break.
Thats what is about the only thing that keeps racing going because the handle isnt sufficient to turn a profit for 90% of people that work in the industry.???
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Monti is doing the limbo rock on purses.
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Would expect Monti horses to ship down to Meadowlands when Sunday racing starts in February.
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I can't imagine very many horses are paying their own way at Monticello. I suspect many trainers are doing some sort of deals, looking for some sort of advantage. I hate to venture what the daily rate is for a good trainer there.
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Monti drivers are "great" handicappers. Other than occasional new and very temporary blood ( right now Beckwith and W Carter) the same guys have been racing against each other literally for decades. Drivers make a living betting, and will do best when the temporary carpetbaggers go back to their own tracks.. Owners are usually fairly local and love being in the game. They do not have visions of grandeur. They like going into the winners circle with big smiles on their faces. Trainers eke out a steady income, all be it not much.
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https://ustrottingnews.com/monticello-raceway-to-increase-purses/
this was 8 months ago--what happened?
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You think Monti's purses are bad, look at Hawthorne. Several 3000 $ purses. Horrible.
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Wouldn't you need to have an outside job--or have owners to survive at Monti??
Plus these owners-would then need to have income outside of racing and use the losses as a tax break.
Thats what is about the only thing that keeps racing going because the handle isnt sufficient to turn a profit for 90% of people that work in the industry.???
The same is true for many of those who race at Vernon Downs!
They only race approximately 8 months at Vernon too!
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The same is true for many of those who race at Vernon Downs!
They only race approximately 8 months at Vernon too!
I remember for a while Dan Daley was king up there.
His wife and he owned, trained and he drove the horses, somehow, they made money?
Another guy I always scratched my head about was Jack Rice. He always only had a couple of horses with his wife and shipped all over NY state. How did he make money?
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I don’t follow Monti ‘real’ close, but don’t their purses go up and down ‘seasonally’ in a reverse correlation as the number of ‘local’ tracks change?
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monti purses are higher than yonkers purses would be without slot welfare
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Are Monti horsemen now betting with three hands through the wickets instead of just two hands? Are horsemen now wagering heavier 'early seeding' win pool dollars, so as to alter the odds, to $$ hammer down the exotics like never before. ALL IN ATTEMPTS TO HELP MAKE ENDS MEET.
We out here in gambler land hope not.
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I haven't gone to MR other than for NYSS races for many, many years. I've long heard----what I say are fables and myths----about trainers and drivers who make their living through the windows. It has to be, right? They can't make money on those purses and economics. I say it's BS. I've been around this sport and business a long time. I know a lot of people. I don't know very many at all that go from "loss" to break-even or a profit simply because of them making money through the windows. One week, one month, you make a score, you get ahead, you did out, whatever. But either someone is making an ROR on legit betting, or what? They are fixing races? Betting on inside information? They have an edge? Some advantage? At MR I think there is very little to no chance.
Nobody, who knows a thing about business, owner, trainer, or breeder, is going to incorporate their "through the windows" dollars and add it to their bottom line. No way. I don't care if you are making money or losing money, if you are a trainer, you know what it costs you to have a horse in the barn. You know what you charge for the daily rate. Either you are green or red. Now you want to include gambling? Good luck with that. I don't know one trainer in the sport who is a sharper handicapper and bettor than the pro's that I know.
Someone who races a horse there---name me a trainer and give me his/hers daily rate.
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I have found that alot of harness and thoroughbred trainers say they like their horse almost every week and he trained well yesterday, but most of the time the horse still loses, so if they're betting, they're losing money.
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I have found that alot of harness and thoroughbred trainers say they like their horse almost every week and he trained well yesterday, but most of the time the horse still loses, so if they're betting, they're losing money.
Absolutely. Completely agree.
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I have found that alot of harness and thoroughbred trainers say they like their horse almost every week and he trained well yesterday, but most of the time the horse still loses, so if they're betting, they're losing money.
One night in the early 90's I was in the Middletown NY OTB betting YR, Warren Schnitker was sitting right behind me. His son's horse Hurricane Heather was coming up in the next race. I turned to him and said I think your son is going to win the race. Warren said my son has no chance. Needless to say Hurricane Heather jogged and was not the favorite.
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One night in the early 90's I was in the Middletown NY OTB betting YR, Warren Schnitker was sitting right behind me. His son's horse Hurricane Heather was coming up in the next race. I turned to him and said I think your son is going to win the race. Warren said my son has no chance. Needless to say Hurricane Heather jogged and was not the favorite.
Warren lied to you. He didn’t want you to kill his price.