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Old 06-26-2010, 01:42 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by Gaining Ground View Post
heres what i understand. there is no chance they give out 50 million in 50 days. it wasn't going to happen from the beginning and 2 or 3 days of 2-3 million a day will still not make them close. that is fine. they have still done some good things.

i understand the way the system works. its pretty arrogant to think i dint as you have no idea what my experience is. i also understand that you cant look at the way other tracks do business and compare it to this meet because there is no guarantee there will even be racing in new jersey next year if this isn't a big success.

it will be interesting to revisit this thread after the meet.
I dont have to know what your experience level is when you claim that Monmouth was using "false advertising". That shows that you seemingly dont understand the way purses are distributed.

People here make proclamations of certainty all the time that aren't true. Do you think that the horseman's association isn't aware with how much has been paid out? Do you think they do not monitor the numbers? You understand that they are contractually obligated to do this? Perhaps Monmouth will add money to the purses toward the end of the meet? Perhaps they will add money to the stakes as well? Perhaps they will simply carry the money forward to the fall meet and increase the purse levels there? Perhaps all the races on haskell day will be boosted to 100k? Perhaps they will have a big party with the money?

As for the idea that there will be no racing in NJ if this isnt a big success...If that is so (and all signs are that it is) then why would they underpay the purses? To save the money for a meet that wont take place? They have a 12 million dollar stakes schedule. Through this weekend they will have paid out 3 million. After 36% of the meet they have only paid out 25% of the stakes money. That means obviously that the purses paid out on an average daily basis will be higher as the meet goes on. The uniqueness of the meet really isnt that it may be the last, etc. It is that they have scheduled two seperate meets with completely different purse structures. If there arent enough quality horses to fill all the scheduled allowance races during the first meet would it not make sense to hold over some of that money to the next meet as opposed to giving it away senselessly to keep up with some marketing slogan? I have no idea what they are doing nor do I really care. But the idea that each day would have $1 million dollars in purses is not only silly but easily refuted simply by looking at a condition book.
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