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Is Horse Racing Dead? Stagnant Last Year

January 7, 2020 by Leave a Comment

Purses Up, Pari-Mutuel Handle Down in 2019 – according to The BloodHorse

This year’s U.S. purse total is the highest since 2007, a pre-Great Recession year with more than $1.18 billion in purses. Compared with 2007 this year’s purses were recorded at a time of reduced racing—down 42%. Considering that reduction in racing, the average purse per race in 2019 compared with 2007 is up 40.2% to $32,256.

While purses improved in 2019, the rash of breakdowns at Santa Anita Park that forced the Southern California track to halt racing after its March 8 card before reopening March 29, likely impacted pari-mutuel wagering. Wagering on U.S. races in 2019 was down 2% to $11,038,790,395 compared with last year.

More about 2019:

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About Editor

Rich Nilsen is a 20-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in 5 times. He was the first player to finish in the top 10 of the NHC twice. A former executive with Brisnet.com and member of the NHC Players’ Committee, Rich is a graduate of the UofL Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion. He was elected into the NHC Hall of Fame in 2025.

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