Is Horse Racing Dead? Not Yet

September Derby Brings Bettors, Handle Boost to Racing Economic Totals

Horseplayers wagered more than $3.2 billion in the third quarter. That represents a 12.73% bump from 2019’s figures of $2.92 billion.

At the same time, America’s most wagered race running the first Saturday in September instead of the first Saturday in May resulted in a 29.64% increase in September 2020 wagering. Bettors put down more than $1.039 billion in September, compared to $801.98 million in 2019. A September Derby was a big reason why.

That even came with a decline in Kentucky Derby day wagering, which Churchill Downs attributes to the lack of on-track wagering and a prohibitive favorite in Tiz the Law. The Belmont Stakes and Travers Stakes champion lost a fierce stretch battle to Authentic…

Did You Miss These Gems

Handicapping Tip #61 – Analyzing Layoff horses

Handicapping Tip #60 – Watch and Learn

Share this with your horse racing friends

Got Rebates? Or do you just get points that add up to little?

Got Rebates?
reCAPTCHA is required.

Sign up for the AGameofSkill.com e-news



About Editor

Rich Nilsen is a 17-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He cashed on the 2018 NHC Tour with a 19th overall finish. Rich was also a winner of a $24,000 package into Kentucky Derby Betting Championship I. A former executive with Brisnet.com, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More in Horse Racing Education, Is Horse Racing Dead
Maryland Racing Industry at Crossroads
Maryland Racing Industry at Crossroads

Total wagering on the rescheduled, closed-door Preakness Stakes program at Pimlico last Saturday was down nearly 50% from its 2019...

Close