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  #21  
Old 05-22-2010, 09:58 PM
freddymo freddymo is offline
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MP was busy today with new people that were excited about being at the track.. If the State needs to supplement the purses to the tune of 10 or 20 mil so be it.. Racing needed a jump start and the state investing 20 or 30 mil over the next few years to keep the excitement makes sense.. VLT at MP or Freehold DONT!
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  #22  
Old 05-22-2010, 10:08 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by HomerS View Post
We all know every day is not going to be like today.

Its not about that. Thats my point

Just like we know that every day is not like the Haskell

Opening day tends to bring out more people and betting then normal. And Monmouth cant afford that. This cant be the best they do. If it is they go out of business.

It needs to be more. And it can be. Am sure there are some taking wait and see approach
LOL.
They doubled last years OPENING DAY!

You are right, Wednesday the place will be empty...
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  #23  
Old 05-22-2010, 10:10 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by freddymo View Post
MP was busy today with new people that were excited about being at the track.. If the State needs to supplement the purses to the tune of 10 or 20 mil so be it.. Racing needed a jump start and the state investing 20 or 30 mil over the next few years to keep the excitement makes sense.. VLT at MP or Freehold DONT!
Dont forget the state owns the profitable NJbets which somehow seems to elude people talking about how much the tracks lost last year.
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  #24  
Old 05-22-2010, 10:11 PM
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ateamstupid ateamstupid is offline
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Quote:
Originally Posted by Cannon Shell View Post
LOL.
They doubled last years OPENING DAY!

You are right, Wednesday the place will be empty...
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  #25  
Old 05-22-2010, 10:13 PM
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pick4 pick4 is offline
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Quote:
Originally Posted by Cannon Shell View Post
What is there to question? If you like the cards, big fields, etc you play Monmouth. If you dont want to follow the racing there you stick with what you already play. I'm not sure how a track doubling its handle on opening day is a negative. While there is a long ways to go i dont see anyone suggesting that it was anything but a great start. And that is without NYC OTB doing a dime of business.
I agree with every point you made. I played very very lightly at Monmouth today as I'm not use to the track and the horses. My handle was $66 and I had a few hits which made it a profitable day. Once I get a better grasp on this track and the horses I'll increase my wagers. So far so good.
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  #26  
Old 05-22-2010, 10:16 PM
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Quote:
Originally Posted by freddymo View Post
Look less racing is the answer period. The track today had people had a buzz and had horses.. Why anyone would bet Golden Gate or Hollywood or CD is beyond me. CLOSE THESE TRACK
Is that you tied for second after day 1 of the Survival at the Shore contest?
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  #27  
Old 05-22-2010, 10:18 PM
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Quote:
Originally Posted by HomerS View Post
lol sorry if not drinking the kool aid automatically and following the herd. We all know the herd is always right. Whether it be investing, housing prices or betting the favorite at the track.

Just think people need to think about these things and take critical eye. And not let media push something down their throats and not question

Feel comfortable in saying most want to see this work
Oh don't front. You don't have a gag reflex.
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  #28  
Old 05-22-2010, 10:31 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by HomerS View Post
How much do you think NJbets makes in a year?

Even considering they are a monopoly

Will give you a hint cant get a good 4th starter in MLB for what they make
They are making enough to approve $16 million for an off track betting venue in Bayonne. That is Jeter money
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  #29  
Old 05-22-2010, 10:38 PM
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Quote:
Originally Posted by HomerS View Post
Not unless he takes a 80% pay cut

Last figures I saw was they made between $4 and $5 million

Dont get me started on NJ betting parlors

How long have they been legal in NJ and how many are in place right now

A joke

Dysfunctional
Assume they made $4 or $5 million. Subtract that from the money the state supposedly lost on the tracks and the total is now 25% lower. We hear that racing is fighting for its survival in NJ yet a entity that supposedly only made a few million dollars statewide last year is going to pony up $16 million for another better parlor? Ok.
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  #30  
Old 05-22-2010, 10:55 PM
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dalakhani dalakhani is offline
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Quote:
Originally Posted by Cannon Shell View Post
Assume they made $4 or $5 million. Subtract that from the money the state supposedly lost on the tracks and the total is now 25% lower. We hear that racing is fighting for its survival in NJ yet a entity that supposedly only made a few million dollars statewide last year is going to pony up $16 million for another better parlor? Ok.
Its the jobs Chuck. NJ is opening up betting parlors for the jobs.
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  #31  
Old 05-22-2010, 11:00 PM
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Cannon Shell Cannon Shell is offline
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Originally Posted by dalakhani View Post
Its the jobs Chuck. NJ is opening up betting parlors for the jobs.
Sure all 17 of them
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  #32  
Old 05-23-2010, 12:14 AM
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Tomorrow's card also looks very bettable. That Spend A Buck Stakes has a bevy of options, and who doesn't love $82k NJ-bred races? $75k maidens? Monmouth is so onto something.
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  #33  
Old 05-23-2010, 12:56 AM
mnmark mnmark is offline
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Increasing the handle at ANY track has been extremely challenging for the last two plus years. The majority of tracks have seen a decline. For Monmouth to double there handle that they had last year in this marketpalce is unheard of.

Today was a huge success for Monmouth. They are either on something or onto something and I think they are onto something brilliant with what they have done to this meet.

100 k plus carryover on the .50 cent pick five another brilliant idea.
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  #34  
Old 05-23-2010, 01:00 AM
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Boutique meets can work if you force the slot states that had horrendous racing before the slots out of the game.

Indiana and West Virginia should stick to John Mellencamp concerts and jug-blowing.
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  #35  
Old 05-23-2010, 01:56 AM
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philcski philcski is offline
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Quote:
Originally Posted by Coach Pants View Post
Boutique meets can work if you force the slot states that had horrendous racing before the slots out of the game.

Indiana and West Virginia should stick to John Mellencamp concerts and jug-blowing.
LOL
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  #36  
Old 05-23-2010, 08:37 AM
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Holland Hacker Holland Hacker is offline
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I know an increase of 100% in handle and attendence is great news. Being the "doubting Thomas" that I am about NJ racing as I have seen it decline steadily since the NJSEA took over from the Hess Family. My question is how much did the handle increase on a per race basis? How many races were run last year on opening day versus this year. Lets not forget that Monmouth will have significantly fewer racing days while offering nearly the same amount of races. I would think the critical metric is handle per race rather than handle per day.

On the bright side I'm sure it is up but is it truly up 100%?
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  #37  
Old 05-23-2010, 08:40 AM
johnny pinwheel johnny pinwheel is offline
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Quote:
Originally Posted by HomerS View Post
Doubled it from what?

The primary reason Monmouth is on the brink of extinction is because of low handle in past years

Just has to be in context

If Washington Nationals increase attendance is their past low attendance not relevant?
ok. i'll put it into your narrow little context. the handle doubled and 8,000 more people showed up. this was not good enough. the crowd should of tripled and the handle quadrupled....yeah, thats more of a realistic view. without that, the media should of reported that opening day at monmouth was a failure......there , does that make you happy. while you are at it, stick a fork in monmouth...its over, people ONLY bet 4.5 million more this year on opening day! i better go jump off a bridge.
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  #38  
Old 05-23-2010, 08:51 AM
Danzig Danzig is offline
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it's only one day. i'd wait a while to see how it all unfolds before declaring it a huge success.
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  #39  
Old 05-23-2010, 08:56 AM
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Quote:
Originally Posted by Holland Hacker View Post
I know an increase of 100% in handle and attendence is great news. Being the "doubting Thomas" that I am about NJ racing as I have seen it decline steadily since the NJSEA took over from the Hess Family. My question is how much did the handle increase on a per race basis? How many races were run last year on opening day versus this year. Lets not forget that Monmouth will have significantly fewer racing days while offering nearly the same amount of races. I would think the critical metric is handle per race rather than handle per day.

On the bright side I'm sure it is up but is it truly up 100%?
2009: 11 races, 90 runners, $4,279,438 ($389k/race; $47.5k/horse)
2010: 13 races, 126 runners, $9,357,444 ($720k/race; $74.2k/horse)
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  #40  
Old 05-23-2010, 10:02 AM
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Quote:
Originally Posted by Danzig View Post
it's only one day. i'd wait a while to see how it all unfolds before declaring it a huge success.
and see what it does to the other tracks across the nation.
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