Total horseracing handle jumped for the second consecutive month, providing one key takeaway from Equibase’s first Economic Indicators in Thoroughbred Racing report of 2021. Betting in January climbed 9.57% from January 2020’s numbers to $959,602,269. That followed a 6.24% boost in December wagering, signifying that horseracing may be rebounding out […]
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 […]
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 […]
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 […]
Equibase’s monthly report on Economic Indicators in Thoroughbred Racing for June revealed the first uptick in racing handle since February, before the COVID-19 pandemic wreaked havoc on the industry. June’s uptick is slight, 0.76% over June 2019. This result is due to tracks opening or re-opening throughout June. That said, […]
Even with tracks emerging from coronavirus shutdowns throughout May, Thoroughbred racing handles for the month plummeted compared to their 2019 totals, according to Equibase’s monthly report on horse racing’s economic indicators. The biggest individual culprit for May’s decline was easy to pinpoint: no Kentucky Derby and no Preakness Stakes. The […]
Overall wagering handle on all US Thoroughbred races in June 2019 fell back by 6.99 percent, according to newly released figures from Equibase. Equibase is the sports statistical record keeper for entries, results, breeding and a wide variety of other analytics related to the sport. Statistics further reveal a 3.01 […]
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