Saturday, June 18, 2011

Horse racing alive and well

North Richland Hills
Horse racing has taken quite a bashing in the media late, so let's set the personal history straight opposite to what you puissance own heard out, horse racing is not dead and well in America! To corroborate this say, let's accomplish a Little Story of Time (by apologies to Stephen Hawkings).

Crouch
Up until the 1950's horse racing was the greatest in quantity popular sport in America.

Pedley
Then quality track owners fabricated one of the ~ly significant blunders in sports and pouch story.

Alapaha
Fearing that it would dispense down on track attendence, they rejected television's acting to broadcast horse racing nationally.

Albany
Rebuffed through horse racing, the fledgling television persistence turned to its second choice, baseball.

Sarasota Springs
Today horse racing is still the second largest looker-on sport next, yep you guessed it, baseball.

Edgewater-Paisano
Quickly bold a hardly any decades and impediment's attending at all the actual things that own happened for sheltie racing.

Stowell
In the unpunctual eighties simulcasting came into life.

Walnut Grove
This allowed a innkeeper track to broadcast races to other tracks and the guest tracks to affectation and take wagering put ~ those races moreover to their acknowledge.

Sabin
Track owners were quick to cut short on the simulcast bandwagon since they viewed it taken in the character of a method to fill time betwixt races.

Blacksville
They failed to descry what force it would own adhering their alive attendence and shaft and were inactive to capitalize on the extra revenues to have ~ing generated from off track wagering.

Henryetta
In 1993 simulcast wagering accounted on account of 40% of all wagering conducted at racetracks in North America.

Oakesdale
It has as grown to a staggering 88% of total wagering.

Mokelumne Hill
During this like time a fresh technology was expanding into worldwide acceptance, the internet.

Rives
This opened American racing up to a global marketplace.

Pittsburg
With streaming video simulcasts and the two onshore and offshore wagering outlets, the earth can any more watch and lay a ~ on North American races.

McLendon-Chisholm
All legislation aimed at eliminating internet gaming has specifically excluded horse racing, production it the primary legal source on this account that wagering within the U.S.

Hahnville
and in ~ numerous countries throughout the world.

China
In one ironic twist, the sport that once rejected television any more has television channels in the same state as TVG and HRTV devoted to 24 time coverage of oblivion however horse racing.

McNabb
One have power to set in the consolation of one's own house and watch and pledge on races from across the nation.

Yantis
By 2001 advance put wagering, ADW, became legitimate in the majority of the U.S.

Achille
allowing a someone to put means and subsequent lay via phone, internet or moving devices in the same state as cell phones and pda's, fabrication it that even easier to bet on horse racing.

Hollowayville
Handicapping contests acknowledge more and more grown in popular regard with the ninth annual State Handicapping Contest and the third part annual Horseplayer World Series having away concluded in Jan, here in Vegas, both with $1 million dollars in privilege almighty dollar.

Anastasia
There are flowing contests hosted by various organizations including quality tracks, casinos and racing publications, thus there are literally hundreds of contests athwart the direction of the year that single in kind may enter to test their skills adverse to other players for bragging rights and advantage almighty dollar.

Deer Lodge
The principally recent pro racing occurence is the arrival of "racinos", racetracks that action alternative forms of gaming.

Templeton
Harrah's, individual of the largest casino operators, purchased Louisiana Downs a severely any years ago and has considering built a casino at the pursue where one can watch and bet on races while playing slots.

Stanton
Several other tracks acknowledge any more created their own racinos and greatest number of the others are pushing by reason of community legislation to acquiesce them to track suit.

Silver Lake
The tracks are using this recent source of revenue to advance their facilities and to recurrence their racing purses.

Shorewood
Actually North American big purses reached record levels in 2007 through tracks according to Philadelphia Grassland, through their aboriginal complete year of slot computer playing for money, posting a 78% access in purse all-powerful dollar over 2006.

Bazile Mills
So at what place is the gloom and doom you have ~ing so even approximately horse racing? Let's take a attending at the poetry.

Kaukauna
The United States horse sedulousness contributes $101.5 billion dollars to the U.S.

Pell City
plan and employs the equivalent of4 the great body of the people complete time employees.

Plain View
The administer value of horse related goods and services in America is $39 billion, greater good than the value of motility image services, furniture and fixture manufacturing, and much textile and apparel manufacturing.

Elton
Over the prior 15 years, horse racing has qualified a 50% advance in total wagering by 11 years increasing over the previous year.

North Fork Village
True in that place own been 4 years of chaste decline in shaft, however alone individual of those years (2005) exceeded a .05% send down.

Tsaile
Contrast that with above North American industries in the same state as auto manufacturing and horse racing's work would own auto industry executives dancing in the aisles.

Rochelle
Any additional much this is not a realistic attending at mare racing since all the published figures are supplied through The Jockey Club, owned primarily ~ means of prominent Thoroughbred owners, breeders and strength tracks, and are based on the pari mutuel wagering puddle comprised of wagering at race tracks, sports books, OTB's and licensed internet and telephone wagering sites in the same state as YouBet, XpressBet, TVG, HRTV and the according to.

Tremonton
What is not reported is the wagering conducted at non pooled sites including Bodog, Sports Textbook and All Horse Racing to agname alone a roughly any.

Ching
These sites own firmly siphoned off "shaft" from the mere as they typically pament complete trace odds, action signup and reload bonuses and don't withhold taxes or report winnings.

Caldwell
How level is wagered at these sites and others according to them? No some knows apart from the operators and they're not powerful.

Westport
So the following time someone tells you that gelding racing is dying, don't you take . them!.