Value Tech Blog

HORSE RACING : Live racing returns to Sam Houston Race Park with the richest …
http://www.yourhoustonnews.com/magnolia/sports/horse-racing-live-racing-returns-to-sam-houston-race-park/article_fc7d6512-59df-11e2-98d6-001a4bcf887a.html

Sam Houston Race Park will open its 20th Annual Live Racing Season when it kicks off its 2013 Thoroughbred Meet Friday, Jan. 18 with average daily purse amounts in excess of $165,000, the highest in the Park’s 19 year history.

A revamped stakes schedule in 2013 will be anchored by the richest Thoroughbred race in Texas and in Sam Houston Race Park history.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

At Large | Things That Make You Go Hmmmm (12) | BloodHorse.com Blog Stable
http://cs.bloodhorse.com/blogs/at-large-tom-lamarra/archive/2013/01/07/things-that-make-you-go-hmmmm-12.aspx

Another year has passed with surprisingly little industry discussion about the price of a wager. You would think that with pari-mutuel handle on U.S. Thoroughbred racing having dropped about 25% from 2006 to 2012, there would be a comprehensive study on maximizing takeout rates to generate more handle and reward the customer. … Nothing else seems to have worked, so why not?

One of my favorite recurring discussions on Twitter deals with takeout, particularly the larcenous rates on some exotic wagers at Pennsylvania tracks. … What’s funny about it is this: Most of these tracks average $50,000 or less a day on track on their live product. That means importers taking their signals get the benefit of the high rate. … If they pay the Pennsylvania track 3% for its signal, the importers keep 27% on a trifecta wager. … In either case, of course, the non-rebated player loses big time.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Hialeah Keeps Thoroughbred Options Open | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/75367/hialeah-keeps-thoroughbred-options-open

Let’s keep our fingers crossed. Hialeah is one of the most beautiful tracks in the country. 

Hialeah Park has told Florida regulators that it plans to hold its next Quarter Horse meet Dec. 13, 2013 through Feb.17, 2014.

The 40 racing days that owner and chairman John Brunetti expects to be approved will be exclusively for Quarter Horses.

But Brunetti said Jan. 3 the track might amend its filing with the Florida Division of Pari-Mutuel Wagering and hold some Thoroughbred races beginning July 1, 2013. That would be the first Thoroughbred racing at Hialeah since 2001.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Charles Town Reports Handle Records for 2012
http://www.bloodhorse.com/horse-racing/articles/75257/charles-town-reports-handle-records-for-2012

Hollywood Casino at Charles Town Races reported that, for the first time in the track’s 79 years of operation, average daily pari-mutuel handle topped the $1 million mark.

The 2012 meet ended a bit prematurely because of weather-related cancellations, but officials said Dec. 28 handle averaged $1,001,938 per day. The track was scheduled to run 235 days in 2012 on a year-round schedule; The Jockey Club Information Systems reported 231 racing days were run.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Calder Dates Filing Reflects Status Quo
http://www.bloodhorse.com/horse-racing/articles/75256/calder-dates-filing-reflects-status-quo

Photo: Coady Photography

In its preliminary filing for racing dates, Calder Casino & Race Course told the Florida Division of Pari-Mutuel Wagering it plans no change in its racing schedule for the 12 months beginning July 1, 2013.

Calder’s filing, dated Dec. 26 and received Dec. 28, shows 150 dates that would continue its early April through late November schedule of the past two years. It is the first filing in a likely battle between Calder and Gulfstream Park over racing dates in southeast Florida.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Aqueduct Cancels Live Racing for Dec. 29
http://www.bloodhorse.com/horse-racing/articles/75254/aqueduct-cancels-live-racing-for-dec-29

Live racing at Aqueduct Racetrack was canceled for Saturday, Dec. 29, due to a pending storm expected to bring snow and rain to the New York metropolitan area

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology