Betting on Thoroughbred races held at U.S. racetracks plummeted 9.3 percent in October compared to the same month last year, according to figures released Monday by Equibase.
Total handle during the month was $819.0 million, down slightly more than $84 million from the $903.3 million bet last year during October. The number of races held dropped 6.2 percent, from 2,782 last October to 2,610 this year, contributing to the decline. Average handle per race dropped 3.3 percent, from $324,469 last October to $313,793 this year.