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Wagering on U.S. races was up 2.6 percent in September of this year compared to the same month last year, while purses shot up 13.8 percent, according to figures released on Thursday by Equibase.
The jump in betting, from $774.4 million last September to $794.5 million this September, was accompanied by a 1.4 percent increase in race days. Per race day, handle was $1.59 million during the month, compared to $1.57 million last September, an increase of 1.3 percent.
Total purse distribution during the month was $107.5 million, up from $94.5 million. Purses at U.S. racetracks are heavily subsidized by revenues from casinos, and the number this September was bolstered by purse increases at Saratoga and Belmont Park that kicked in late last year after a casino opened at Aqueduct racetrack.
For the year, wagering is up 2.3 percent, according to Equibase, while purses are up 9 percent. Race days are up 1.8 percent.
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All they talk about is how much is bet.That's all they care about.Belmont had less than 1800 on thursday and S.A. a little over 3000.They never talk about the crowd anymore.Without on line and off track betting the racing industry would be next for a bailout.Sad how going to the track is a thing of the past.
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Best Bets
SLIGO JOE finished third, fourth, or fifth against classier company in each of his last four races. He ran fast enough in his last two starts to beat this type on the plunge from $10,000 optional claiming into this $5,000 N1Y field. LATCH LIGHTING only finished fifth as the favorite at this class level last time. He should be a factor today, but he seems more likely to contend in the minor exotic slots than he is to beat this field. STEALTH HERO ran a dull race when he beat just one opponent here on a muddy track in his last race.
