Archives for January 16, 2019

$883,200 Pick Six Jackpot at Santa Anita for Thursday 1/17

Santa Anita San Gabriel

copyright Cheryl Ann Quigley

For the 13th consecutive racing day, there was no 20 cent Single Ticket Pick Six Jackpot winner at Santa Anita, resulting in a Jackpot carryover into Thursday of $883,200. First post time for an eight-race card on Thursday is at 1 p.m.

With a Rainbow Six carryover from Saturday of $798,202, there was $371,275 in “new” money wagered on Sunday, creating a total Jackpot pool of $1,169,477. With 1-5 favorite Selcourt running second in leg one, the $75,000 Kalookan Queen Stakes, a total of 11 consolation tickets with six winners reaped the benefits of the huge pool, as each ticket paid $18,029.

With eight races on tap Thursday, approximate post time for the third race, leg one in the Rainbow Six, is at 2 p.m. PT.

With significant rain in the forecast for the next several days, all of Thursday’s races have been assigned to the main track, with the objective being to minimize scratches and help overall field size.

Source: Press Release.

3 for 1 Churchill Downs’ CHDN Stock Split

LOUISVILLE, Ky., Jan. 11, 2019 (GLOBE NEWSWIRE) — As previously announced on October 31, 2018, the Board of Directors of Churchill Downs Incorporated (“the Company”) (Nasdaq: CHDN) approved a three-for-one split of the Company’s common stock (the “Stock Split”) for shareholders of record as of January 11, 2019 (the “Split Record Date”). The Stock Split will be effectuated by distributing to each shareholder two additional shares for every outstanding share held as of the Split Record Date. The additional shares will be distributed on January 25, 2019, and the stock will begin trading at the split-adjusted price starting on January 28, 2019.

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN), headquartered in Louisville, Ky., is an industry leading racing, gaming and online entertainment company anchored by our iconic flagship event – The Kentucky Derby. We are the largest legal online account wagering platform for horseracing in the U.S., through our ownership of TwinSpires.com. We are also a leader in brick-and-mortar casino gaming with approximately 9,500 gaming positions in seven states. We have launched our BetAmerica Sportsbook at our two Mississippi casino properties and have announced plans to enter additional U.S. real money online gaming and sports betting markets. Derby City Gaming, the first historical racing machine (“HRM”) facility in Louisville, was opened in September 2018 with 900 HRM machines. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

Understanding Claiming Prices in Horse Racing

and Why Numbers Can Be Deceiving

As much as numbers don’t lie, they can confuse you.

In claiming races, numbers like 12,500 can have different meanings. Sometimes, horses who run for the same $12,500 claiming price at different tracks can face different levels of competition.

At Aqueduct, for example, a horse racing in a $12,500 claimer is probably facing some of the weakest horses on the grounds. Meanwhile, at Finger Lakes, with a much lower ceiling for claimers, some useful horses could be running for that tag.

And sometimes, $12,500 claiming tags can have different meanings at the same track or circuit…