A Trifecta of Fear, Stupidity and Greed
Yazan: Steve | 09 August 2011 | Comments Off
Categories: Horse Racing
The past decade presented horse racing an unprecedented opportunity to generate revenue and solidify itself as a viable self-sustaining sport. What transpired instead was a sharp and steady decline in wagering handle as the racing industry pursued the one thing certain to do the most harm in the long run; a subsidy from expanded gaming (i.e., [...]
The Only Honest Sport in America
Yazan: Steve | 08 December 2009 | 10 Comments
Categories: Horse Racing
Horse racing has its share of problems, but it’s not a complete sham like the NBA, college football, and many other mainstream sports. Take a look at referee Tim Donaghy, who made thousands of dollars betting NBA games and alledged that league officials intentionally influenced the outcome of games. He not only made money on games he officiated, but on [...]
At The Races – The Importance of Star Power
Yazan: Steve | 17 July 2009 | Comments Off
Categories: Horse Racing
Earlier in the month, it was reported that pari-mutuel wagering on U.S. thorougbred races declined by almost 17% in June 2009 compared to June 2008. As reported in the Paulick Report, wagering is down 10% for the year. Does this mean the sport is slowly dying or is this just the impact of the global [...]
