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-   -   2014 admission hikes for Belmont, Saratoga: GA $5, Clubhouse $8 (http://www.derbytrail.com/forums/showthread.php?t=52548)

parsixfarms 12-03-2013 04:43 AM

With all the pressure that NYRA seems to be under from the state to make racing operations at least a break even proposition, it is looking for "revenue" anywhere it can find it. Unfortunately, seeing how NYRA makes more money from an on-track dollar wagered than an off-track dollar wagered, anything that discourages patrons from wagering on track is counter-productive.

tanner12oz 12-03-2013 04:57 AM

Quote:

Originally Posted by Calzone Lord (Post 955818)
So are bookmakers and exchange wagering.

I would like prop bets and head to head wagering specifically

golfer 12-03-2013 05:53 AM

Quote:

Originally Posted by parsixfarms (Post 955844)
With all the pressure that NYRA seems to be under from the state to make racing operations at least a break even proposition, it is looking for "revenue" anywhere it can find it. Unfortunately, seeing how NYRA makes more money from an on-track dollar wagered than an off-track dollar wagered, anything that discourages patrons from wagering on track is counter-productive.

I agree. While in the long run, paying the extra $2 might end up being negligible,
it definitely creates a negative perception, that of NYRA trying to bilk their already regular customers for more $ without offering anything extra in return. And I agree with the statement that the extra $2 would be spent anyway in some form, be it wagering or food/drink.

Finally, many people don't simply go to Saratoga for one day, they vacation there for a week, or even a month. So that extra admission money does add up.

Danzig 12-03-2013 07:09 AM

Quote:

Originally Posted by helicopter11 (Post 955830)
I would like to meet the person who goes to a race track just to watch horses run around in circles without betting a simple dime. A racetrack is competing with casinos and not Yankee Stadium. I can go to a casino and bet my first dollar I take out of my wallet on a bet of my choice. At a race track; after parking, admission, programs and a seat where I can actually see the race, I may be down 20 bucks or more before I make my first bet.

So here are my options:
1) Bet online
2) Go to a Casino
3) Go to a race track and pay a premium and enjoy the "great ambiance"

Which one is more appealing to any bettor?

last time i went to arlington, admission was $7. that was probably 6 years ago, so i don't find $5 to be cause for alarm.
they could raise it much, much higher, and i'd still go there before i ever went to a casino.

South Beach Luv 12-03-2013 07:26 AM

Quote:

Originally Posted by Danzig (Post 955852)
last time i went to arlington, admission was $7. that was probably 6 years ago, so i don't find $5 to be cause for alarm.
they could raise it much, much higher, and i'd still go there before i ever went to a casino.

Last year Arlington started charging $2 for kids to get in. Reg admission is $8, more on premium days ($20 on Million Day being the highest)

cmorioles 12-03-2013 07:27 AM

Quote:

Originally Posted by 3kings (Post 955823)
Not really. You aren't getting a live sporting event at the casino.

This is the fallacy we often hear. Let's try running races without gambling and see how many people show up.

3kings 12-03-2013 08:21 AM

Quote:

Originally Posted by cmorioles (Post 955855)
This is the fallacy we often hear. Let's try running races without gambling and see how many people show up.

I'm compairing it to other entertainment options. It has live entertainment and it charges a minimal entrance fee for it. Nightclubs with DJ's or bands charge a cover for entertainment while your local bar with no entertainment probably doesn't.

I think they are trying to draw a younger hipper more affluent crowd to the races. They know this not going to happen at Aquduct in the winter but might work at Belmont in the spring or fall. To do this they are trying to price out some of the undesirables, stoopers, unwashed people etc.... I know this is a stereotype but when I try to bring new people to the races this is often the first thing I hear.

cmorioles 12-03-2013 08:29 AM

Quote:

Originally Posted by 3kings (Post 955856)
I'm compairing it to other entertainment options. It has live entertainment and it charges a minimal entrance fee for it. Nightclubs with DJ's or bands charge a cover for entertainment while your local bar with no entertainment probably doesn't.

I think they are trying to draw a younger hipper more affluent crowd to the races. They know this not going to happen at Aquduct in the winter but might work at Belmont in the spring or fall. To do this they are trying to price out some of the undesirables, stoopers, unwashed people etc.... I know this is a stereotype but when I try to bring new people to the races this is often the first thing I hear.

I've heard a lot of excuses for raising prices, but there is no way I'm buying that it is to keep out undesirables.

I guess this is where the split is. For some, it is entertainment, for others it is gambling. I love racing, but take away the gambling, and I'd most likely never go again.

3kings 12-03-2013 08:38 AM

Quote:

Originally Posted by cmorioles (Post 955857)
I've heard a lot of excuses for raising prices, but there is no way I'm buying that it is to keep out undesirables.

I guess this is where the split is. For some, it is entertainment, for others it is gambling. I love racing, but take away the gambling, and I'd most likely never go again.

I agree, and probably would never go again if it weren't for the gambling. I guess I just don't mind paying a few dollars for the live product.

NTamm1215 12-03-2013 08:57 AM

NYRA offers a premium product. You raise prices for premium products. Saratoga's Clubhouse admission price was lower than that of every other major racetrack in the country that charges. It was time for an increase.

freddymo 12-03-2013 09:00 AM

Quote:

Originally Posted by helicopter11 (Post 955830)
I would like to meet the person who goes to a race track just to watch horses run around in circles without betting a simple dime. A racetrack is competing with casinos and not Yankee Stadium. I can go to a casino and bet my first dollar I take out of my wallet on a bet of my choice. At a race track; after parking, admission, programs and a seat where I can actually see the race, I may be down 20 bucks or more before I make my first bet.

So here are my options:
1) Bet online
2) Go to a Casino
3) Go to a race track and pay a premium and enjoy the "great ambiance"

Which one is more appealing to any bettor?

I think you bring up an excellent point. Let's say you and your wife have 200.00 of discretionary income. If you go to Resort World all 200.00 is in play and its likely you grab a discounted buffet a long the way.

At the track 10% of your play allotted cash is raked for the opportunity to wager. Where would you rather play?

Danzig 12-03-2013 09:29 AM

Quote:

Originally Posted by freddymo (Post 955861)
I think you bring up an excellent point. Let's say you and your wife have 200.00 of discretionary income. If you go to Resort World all 200.00 is in play and its likely you grab a discounted buffet a long the way.

At the track 10% of your play allotted cash is raked for the opportunity to wager. Where would you rather play?

the track. or bet online.

i loathe casinos

freddymo 12-03-2013 09:56 AM

Quote:

Originally Posted by NTamm1215 (Post 955860)
NYRA offers a premium product. You raise prices for premium products. Saratoga's Clubhouse admission price was lower than that of every other major racetrack in the country that charges. It was time for an increase.

It was only time for an increase IF the delta between handle rake and addtional earned admission is positive. Who did the analysis or was it "just time to increase it"?

cmorioles 12-03-2013 10:21 AM

Only in racing do prices go up when business is down.

NTamm1215 12-03-2013 11:24 AM

Quote:

Originally Posted by cmorioles (Post 955871)
Only in racing do prices go up when business is down.

Business is not down in NY for the year. Handle is up. Handle was down at Saratoga by a fractional margin.

I understand you're completely against the price increase. However, if you grant that a price has to be charged, the new price is quite fair based on the market.

cmorioles 12-03-2013 11:30 AM

Quote:

Originally Posted by NTamm1215 (Post 955877)
Business is not down in NY for the year. Handle is up. Handle was down at Saratoga by a fractional margin.

I understand you're completely against the price increase. However, if you grant that a price has to be charged, the new price is quite fair based on the market.

Business is down as far as attendance goes, and that is what this price increase impacts. I guess we'll see how people respond. I think on track attendance and handle will decline. The customers will determine if the price is fair. On track handle is better than off track handle for NYRA.

Customers don't care about political maneuvering between the state and NYRA. All they know is they are going to be asked to pay more while slots money is rolling in. Think about that.

MaTH716 12-03-2013 12:11 PM

Quote:

Originally Posted by cmorioles (Post 955878)
Business is down as far as attendance goes, and that is what this price increase impacts. I guess we'll see how people respond. I think on track attendance and handle will decline. The customers will determine if the price is fair. On track handle is better than off track handle for NYRA.

Customers don't care about political maneuvering between the state and NYRA. All they know is they are going to be asked to pay more while slots money is rolling in. Think about that.

But why is attendance down?
Is it a matter of the economy and people just not having extra money to spend/gamble?

Is it a matter of the sports older clientele dying off and arent being replaced by younger fans?

Is it that people are just fed up trying to beat a game that's borderline impossible?

It's a shame that the people that will be punished the most are the track rats that are there day in and day out. If they could somehow come up with some special promotion for these people (such as a free monthly grandstand pass that you sign up for once a month {they do it at Monmouth}), then I really think that the effect from the increase will be minimal at best.

I just can't see the person/family who enjoys a day at the track, that goes once/a couple of times a month balking about a couple of dollar increase. Especially with these people living in an area where the cost of living is already high and everything (tolls, buses, trains etc) seem to go up on a quartly basis. I understand the sports/gambling argument, but compared to the ridiculous amount of sports tickets around here (mostly Yankees & anything at MSG), the track prices seem like a relative bargin.

As long as this is a one time increase for the considerable future, I don't see it be that big a deal.

my miss storm cat 12-03-2013 12:35 PM

Quote:

Originally Posted by pointman (Post 955822)
If people are complaining about raising the price of admission into one of the most beautiful sporting venues in the Country by two bucks, I will go out on a limb and say the loss of their wagering dollars is insignificant.

Quote:

Originally Posted by NTamm1215 (Post 955860)
NYRA offers a premium product. You raise prices for premium products.

Well said, gentlemen.

Payson Dave 12-03-2013 12:37 PM

The spinners on give-away days at the Spa are going to be bummed...they don't contribute much to the handle but they sure enhance the attendance figs.

Cannon Shell 12-03-2013 01:19 PM

Quote:

Originally Posted by cmorioles (Post 955871)
Only in racing do prices go up when business is down.

Outside of professional sports perhaps


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