Despite the betting bonanza that is the Breeders’ Cup, November’s Thoroughbred betting handle dipped more than 6% from its 2019 numbers according to Equibase’s monthly report on Economic Indicators in Thoroughbred Racing. The drop can be attributed to an 8% dip in Breeders’ Cup handle from its record numbers in […]
Tag: Economic Indicators in Racing
September Derby Brings Bettors, Handle Boost to Racing Economic Totals
A September Kentucky Derby produced stronger third-quarter numbers in 2020 vs. 2019, according to the Equibase Economic Indicators in Thoroughbred Racing. Horseplayers wagered more than $3.2 billion in the third quarter. That represents a 12.7% bump from 2019’s figures of $2.92 billion. At the same time, America’s most wagered upon […]
Equibase Economic Indicators Show Uptick in July Betting Handle
The Equibase Economic Indicators in Thoroughbred Racing report for July revealed another year-over-year increase in wagering, with horseplayers putting down more than $1 billion during the month. That reflects a 16.6% increase over July 2019’s numbers. This increase happened because more tracks opened up during July, most notably Saratoga and […]