Archives for August 2020

William Hill to Close 119 Betting Shops as Covid-19 Has Crushed Profits

[UK Bookmaker] William Hill are to close another 119 betting shops as profits plunged at the bookmaker due to the effects of the Covid-19 pandemic.

However, the company is to repay £24.5 million in furlough funds to the government following what they described as a “robust recovery” in recent weeks since the return of mainstream sport and betting shops reopening.

Unveiling its financial results for the first six months of 2020, William Hill said net revenue had fallen by 32 per cent to £554.4m, while adjusted operating profit was down 85 per cent to £11.4m, although the bookmaker said that was ahead of expectations.

The People’s Horse in this Year’s Kentucky Derby?

LOUISVILLE, Ky., July, 2020 /PRNewswire/ — This year’s Kentucky Derby could feature a “People’s Horse” like never before. Max Player, the Linda Rice-trained colt who currently sits 15th on the official Road to the Kentucky Derby leaderboard, is now available for a second public investment.

Prior to the son of Honor Code’s impressive 3rd in last month’s Belmont Stakes, more than 500 individual investors snapped up shares in the Triple Crown contender through SportBLX Thoroughbreds – a corporation that owns interests in several racehorses, including a 14% stake in Max Player.

Max Player also spearheads SportBLX’s latest offering, Annestes Thoroughbreds, which focuses solely on Kentucky-bred horses raised on SportBLX owner George Hall’s farm in Versailles, KY.

Hall – who owned 2011 Belmont Stakes winner, Ruler On Ice, and is the breeder and majority owner of Max Player – anticipates that more than 2,000 individual owners could be cheering the colt to win this year’s Run For The Roses on Saturday, September 5th.

“Owning a share of a horse that runs in the Kentucky Derby is the dream of millions of racing and sports fans, and we are thrilled to potentially be able to make that dream come true for so many of our investors this year,” said Hall.

In addition to racehorses, SportBLX’s technology platform enables sports fans to purchase shares in professional sports assets, including revenue-share interests in player earnings and equity interests in teams.

Max Player will next contest the Grade 1 Travers Stakes at Sarasota on August 8th.

Fans and investors have until 2:00 p.m. on August 8th, to purchase shares in Annestes Thoroughbreds via the SportBLX website. The offering is open to accredited and non-accredited investors and can be found at https://sportblx.com/offerings/annestes-thoroughbreds/.

For a video of Max Player click here

About SportBLXSportBLX is a technology platform that enables sports fans and investors to purchase shares in horse racing and sports assets via an online platform, including revenue-share interests in player earnings, and equity interests in teams. The company partners with existing brokers/dealers that distribute the securities. For more information visit www.sportblx.com.

West Virginia Derby Canceled, Horse Racing Commission Faces Financial Trouble

Once again, the Mountain State is impacted by COVID-19. Recently, the West Virginia Racing Commission confirmed the cancelation of the $500,000 West Virginia Derby.

The annual event is held at the Mountaineer Casino. This year’s running was scheduled for August 1.

Along with the derby, the $200,000 WV Governor’s Stakes was also canceled. The event was planning to run on the same date.

Mountaineer Park had intentions of holding the races without any fans in attendance. However, fears continued to grow in regards to welcoming in teams from other states.

With every horse coming equipped with an owner, trainer, and jockey, among others, there’s too much risk. Since there is no safety plan in place, the commission felt the best move was to cancel.

Commission executive director, Joe Moore, put it simply. According to the Charleston Gazette-Mail, Moore said:

“This is, in large part, due to concerns over COVID-19 restrictions.”

Another factor was the fact that the national racing schedule got moved around so much.

All three Triple Crown races were forced to change their regular plans.

NTRA Statement on the National Horseplayers Championship (NHC)

NTRA NHC logoSource: NTRA and the NHC Players Committee

August 4, 2020
The health, safety and well being of our guests and employees, as well as everyone else involved, is our utmost consideration as we ponder a return to Bally’s Las Vegas for the 2021 National Horseplayers Championship (NHC). We understand that some of you are anxious to know what impact COVID-19 may have on an event that has become a mainstay on the Thoroughbred racing calendar and an annual goal for many horseplayers each winter since 2000. Even though we are still nearly 200 days away from our event, and our hope is to host a record-setting event at Bally’s Las Vegas in 2021, be assured that we fully recognize that a pandemic that has impacted virtually every facet of our daily lives may very well impact the 2021 NHC.
We are working with our colleagues at Bally’s on a number of contingencies to address what obviously is an ever-changing and fluid situation. Everything is on the table. Our goal is to determine a path forward and communicate plans for the 2021 NHC by early November, if not sooner. In the meantime, the NHC Tour, with a heavier than usual dose of online opportunities predicated by current events, continues through January 23. An estimated 350 NHC berths remain up for grabs as we move toward what is shaping up to be the richest NHC in history. Stay tuned for further updates and, as always, thank you for your ongoing support of the NHC.
Stay safe,
Keith Chamblin
Chief Operating Officer
NTRA

Del Mar Adds Make-up Day of Racing

Source: DMTC.com

Del Mar Thoroughbred Club has announced it will run a make-up day of racing on Monday, August 31, 2020. It expects to present a 10-race card starting at 2 p.m. The added date means Del Mar will finish up its 2020 summer race meet with two four-day weekends — August 28 to 31 and September 4 to 7.

Historical Travers Stakes set for this Saturday – learn more.

On the heels of a recently announced 10% purse increase, the seaside track’s extra day will bring the number of race days for its 81st summer season to 27. Originally, 28 racing days had been planned. The track’s racing office has been adding extra races to its regular cards to make up for the lost date as the meet moves through its scheduled Friday through Sunday timetable.

Historic Travers Stakes Set for August 8

by Art Parker

The Triple Crown races and The Breeders’ Cup provide the greatest amount of historical talk when it comes to American thoroughbred racing. When Saratoga rolls around every August a treasure trove of racing history is re-opened, and its importance is second to none.

Saratoga is known for many great graded stakes that always play a role in the various division championships. Of all the races at Saratoga there are two that stand out from the standpoint of importance and historical significance. These two races are the Grade One Travers and the Grade One Alabama. In some ways these races restricted to three year olds serve as the “Derby and the Oaks” at the Spa.

The Alabama will be a topic next week. For now, all eyes are on the Travers, which will be run August 8th.

The Travers is the signature event at Saratoga and has often been referred to as the “Mid-Summer Derby.” The inaugural running was in 1864 and was named for William R. Travers, the president of the old Saratoga Racing Association. It was only fitting that his horse won the first running of the Travers.

The Travers is run at the Kentucky Derby distance of 1 ¼ miles. The race has been run at different distances but the current distance has not changed since 1904.

Since 1961, the colors of the Travers winner have been painted onto a canoe which sits on a pond in the infield. The canoe itself has been a fixture at the track since 1926.

Only ten Kentucky Derby winners have won the Travers. There was a long drought of Derby winners being unsuccessful in the Travers beginning in 1943. Shut Out won the Derby and Travers in 1942 and it was 51 years before the feat was achieved again. Sea Hero broke the long drought in 1993.

Affirmed, American Pharoah, Gallant Fox and Whirlaway are the only Triple Crown winners to race in the Travers. Of the three only Whirlaway, in 1941, became the only Triple Crown legend to win the Travers. Affirmed crossed the finish line first in 1978 but was disqualified, and his arch rival Alydar was elevated to first.

Many claim the 1962 Travers was the best race ever. Jaipur won by a nose-bob in track record time over the arguably more talented Ridan after a long nose-to-nose battle over the entire race.

The biggest upset came in 1930 when Triple Crown winner Gallant Fox lost to a 100-1 shot named Jim Dandy. The winner is memorialized with a race named in his honor and is normally a prep race for the Travers. Due to changes caused by COVID-19, the Jim Dandy Stakes will be run after the Travers on September 5, the same day as the Kentucky Derby.

In 2012 Alpha and Golden Ticket finished in a dead heat for first place – the only dead heat in Travers history resulting in two winners. Two canoes were put in the infield pond to commemorate the winners.

In 2015 Triple Crown winner American Pharoah was in the race and was worn down in a speed duel with Frosted. Keen Ice passed the popular Triple Crown winner in a major upset.

In what was probably the best performance in Travers history, Arrogate destroyed the field by more than 13 lengths in 2016. The roan son of Unbridled’s Song is the only horse to eclipse the two minute mark and reported home in an eye-opening 1:59:36.

Some of the other greats to win the Travers are: Damascus, Point Given, Buckpasser, Thunder Gulch, Easy Goer, Forty Niner, Chief’s Crown, Gallant Man, Native Dancer and Man O’ War.

As of this moment, Tiz the Law, winner of the Belmont Stakes, is the favorite for the 2020 Travers. The purse for the 2020 Travers is $1,000,000.

The Best Sports for Sports Betting

Gone are the days when people would Netflix and chill. Nowadays, it is all about chilling along with either betting on sport or playing on online casinos. In fact, both these gambling institutions are so intertwined that you can replace one with the other as more and more casinos are offering sports betting options nowadays. Furthermore, thanks to mobile technology, it is now possible to indulge in these fun-filled money-making opportunities from the convenience of our living rooms.

 

With so much happening in the online gambling world, things can get a little daunting for a person who is new to the business. To start with, they need to pick an excellent online gambling establishment. Choosing non-UK sites is one option, that does have a few risks but also come with the added advantage of higher bonuses and fewer restrictions. So, take your time and pick an online casino or bookmaker that makes you feel comfortable. Just make sure that it is beneficial for you in terms of what they offer. Once you have that set, it is time to look at the scope of sports betting and focus on the games that can earn you maximum profits.

Football

Even if we leave aside the fact that football is the “most loved game in the world,” the sheer volume of annual matches is a good enough reason why you should have it in your gambling portfolio. At any given time, there is a football competition taking place in the world. It might be famous tournaments like the Premier League or local games featuring state teams. As a result, you will find that bookmakers cover a wide variety of football odds allowing punters to place different wagers whenever they want.

Cricket

For some, cricket is a niche sport, but one that is followed by billions of people. The most significant reason to bet on cricket is that it allows you to place wagers comfortably at the last minute. Thanks to mobile gambling, it is possible for punters to bet during a match. In cricket, even if we take into account Twenty20, the fastest version of the game, a match lasts at least a few hours. So, a punter can take his or her time and make the best bets based on live performances rather than picking up odds before the game. Moreover, several cricket competitions take place throughout the year, allowing you to earn from it consistently.

Tennis

Tennis comes in out list of essential sports to bet on because it is more of an individual game. For a newcomer, sometimes researching all the team elements before placing a bet can be troublesome. With tennis, they need only focus on a couple of players at one time. Moreover, tennis grand slams are particularly lucrative as most bookies feature various odds for all the players resulting in multiple opportunities for punters to win big.

Horse Racing

Every self-respecting sports betting enthusiast will put a wager on a horse at some time in their life. Horse racing is an essential sport to bet on because of its classic nature. While most people focus on the money aspect of horse racing, it remains a challenging sport that favours the one with skill, tact, and stamina. The thrill of the race that you can enjoy from home or on the racetracks makes it all the more enticing and entertaining.