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Canterbury Park Purses Continue to Increase
http://www.bloodhorse.com/horse-racing/articles/75583/canterbury-park-purses-continue-to-increase

Canterbury Park’s first condition book for 2013 shows yet another increase in purses, with about $12 million to be paid out during its Thoroughbred and Quarter Horse meet.

The increases, which began last year, stem from a multi-year, $75 million joint marketing and purse-enhancement agreement between Canterbury and the Shakopee Mdewakanton Sioux Community that operates the nearby Mystic Lake Casino Hotel. In 2012, Thoroughbred purses received $1.76 million from the Mystic Lake Purse Enhancement Fund.

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

Retama Park Reports Increases in 2012
http://www.bloodhorse.com/horse-racing/articles/75485/retama-park-reports-increases-in-2012

Retama Park posted impressive increases in gross handle and attendance for the 2012 live Thoroughbred meet.

The Selma, Texas track reported that total on-track handle for the 26-day meet that ended Dec. 29 was up a healthy 22% over a 2011 stand that ran for 23 days. Export handle, money wagered at off-track locations on Retama Park races, jumped a huge 49%. Live handle at Retama was up 6% with live attendance showing a 2% increase.

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

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