NYRA increases purses

Cannon Shell · #1 10-14-2007, 08:17 PM

http://www.thoroughbredtimes.com/nat...ough-fall.aspx

Not bad for a bankrupt, community insensitive bunch.

Hickory Hill Hoff · #2 10-14-2007, 08:20 PM

Quote:

Originally Posted by Cannon Shell

http://www.thoroughbredtimes.com/nat...ough-fall.aspx

Not bad for a bankrupt, community insensitive bunch.

I wonder what N.Y. state politicians think.....oh, right.....most of them don't

Cannon Shell · #3 10-14-2007, 08:25 PM

Quote:

Originally Posted by Cardus

...which is surrounded by slums!

Get it right...Dump. Slums is more like Yonkers...

Cannon Shell · #4 10-14-2007, 08:29 PM

Quote:

Originally Posted by Cardus

The harness track, or the city? (Both?)

Hard to tell where one ends and the other begins...though I heard the slots palace was kinda nice

Cannon Shell · #5 10-14-2007, 08:45 PM

Quote:

Originally Posted by Cardus

The question is whether or not this will entice owners and/or trainers to keep their horses in New York over the winter.

Not the fancy horses but may help bring in a few more outside outfits. Though the problem with attracting outfits to come to NY in the winter is the fact that NY breds make up 1/2 of the cards many days and the non NY barns rarely have many.

Cannon Shell · #6 10-14-2007, 08:56 PM

Quote:

Originally Posted by Cardus

The increase in NY-bred races has been so noticable over the last five years.

But remember, they start with an advantage!

I hate to admit it but I own 4 NYB yearlings...

philcski · #7 10-14-2007, 09:09 PM

Quote:

Originally Posted by Cardus

The question is whether or not this will entice owners and/or trainers to keep their horses in New York over the winter.

Think the increase only applies to the fall meet (till the end of the year.)

Quote:

Originally Posted by Cannon Shell

I hate to admit it but I own 4 NYB yearlings...

Cannon Shell · #8 10-14-2007, 09:17 PM

Quote:

Originally Posted by philcski

Think the increase only applies to the fall meet (till the end of the year.)

Yeah there may be no purses as of Jan 1st

philcski · #9 10-14-2007, 09:43 PM

Quote:

Originally Posted by Cannon Shell

Yeah there may be no purses as of Jan 1st

Actually, I hope that's the case. Take Jan and Feb off, it'll be better for everyone...

SniperSB23 · #10 10-14-2007, 10:27 PM

Quote:

Originally Posted by Cardus

The question is whether or not this will entice owners and/or trainers to keep their horses in New York over the winter.

If they want to attract the quality 3yos they'll have to bump the purses on the Whirlaway, Gotham, and Wood to the level of the 3yo preps at Oaklawn. As long as the Whirlaway is ungraded and the Gotham doesn't have enough money to get you in the Derby they'll have a tougher time keeping top 3yos.

blackthroatedwind · #11 10-14-2007, 10:51 PM

Quote:

Originally Posted by SniperSB23

If they want to attract the quality 3yos they'll have to bump the purses on the Whirlaway, Gotham, and Wood to the level of the 3yo preps at Oaklawn. As long as the Whirlaway is ungraded and the Gotham doesn't have enough money to get you in the Derby they'll have a tougher time keeping top 3yos.

People are never going to leave top 3YOs in NY during the winter because of the weather.

The question is whether they can entice more people to stay in NY, because of the purses, with horses in general and thus have bigger fields ( which obviously stimulates betting and thus increases purses more down the road ). Frankly, I have no idea why people race cheaper horses in Florida during the winter.

ALostTexan · #12 10-14-2007, 10:53 PM

Quote:

Originally Posted by Cannon Shell

Yeah there may be no purses as of Jan 1st

Sad but true.

SniperSB23 · #13 10-14-2007, 10:55 PM

Quote:

Originally Posted by blackthroatedwind

People are never going to leave top 3YOs in NY during the winter because of the weather.

The question is whether they can entice more people to stay in NY, because of the purses, with horses in general and thus have bigger fields ( which obviously stimulates betting and thus increases purses more down the road ). Frankly, I have no idea why people race cheaper horses in Florida during the winter.

I think if the Gotham was more relevant in the graded stakes earnings picture you would see better quality horses show up. You might not get the cream of the crop but they should still be able to get some better ones up there by March.

blackthroatedwind · #14 10-14-2007, 11:15 PM

Quote:

Originally Posted by SniperSB23

I think if the Gotham was more relevant in the graded stakes earnings picture you would see better quality horses show up. You might not get the cream of the crop but they should still be able to get some better ones up there by March.

They've had OK horses the last few years.

It's a Graded race so the earnings count.

SniperSB23 · #15 10-15-2007, 08:20 AM

Quote:

Originally Posted by blackthroatedwind

They've had OK horses the last few years.

It's a Graded race so the earnings count.

They count but at $200,000 the winner's share of $120,000 isn't enough to guarantee a spot in the Derby starting gate. At $300,000 it has that benefit and even at $250,000 you have a shot of getting in off that one race. Not that I'm in support of horses going to the Derby off just a win in the Gotham but it is added incentive to know you can win the Gotham, get DQ'd or have a trip from hell in the Wood, and still get in the Derby field.

#16 10-15-2007, 02:35 PM

Quote:

Originally Posted by Cannon Shell

http://www.thoroughbredtimes.com/nat...ough-fall.aspx

Not bad for a bankrupt, community insensitive bunch.

Who is paying for that the same taxpayers that bailed them out of their bankruptcy? Just keep raising the purses because it isn't like NYRA is going to have to pay for anything when they are filing for bankruptcy again next year. LOL

parsixfarms · #17 10-15-2007, 02:40 PM

The purses are contractual payments due to the horsemen based on the handle generated on NYRA races. They have nothing to do with the NYRA bankruptcy.

#18 10-15-2007, 02:46 PM

Quote:

Originally Posted by parsixfarms

The purses are contractual payments due to the horsemen based on the handle generated on NYRA races. They have nothing to do with the NYRA bankruptcy.

I am well aware of how it works. It is just hilarious how NYRA loses millions every single year. I wonder where all that money goes. LOL What is even funnier will be when the slots get in and bring in millions and NYRA is still filing for bankruptcy. I am sure those ticket punchers will keep bringing in their $20hr though. We all know what a difficult job that is. LOL

parsixfarms · #19 10-15-2007, 02:48 PM

Quote:

Originally Posted by Benevolus

I am well aware of how it works.

You'd never know it from your posts.

#20 10-15-2007, 02:54 PM

Quote:

Originally Posted by parsixfarms

You'd never know it from your posts.

I love that comeback. Another NYRA bootlicker. Since you know everything, please let me know where the operating costs for running the racetracks comes from. I am well aware of where it comes from. You seem to have no clue.

Since you seem to know everything, explain to me how the handle increases but NYRA continues to lose millions and needs to file for bankruptcy every year.