Wednesday, September 15, 2010

Aaaaand....They're Off!

So now it appears there will be racing at Sam Houston Race Park this year. Albeit with a reduced schedule.

I still hold by the position that none of this is going to matter one iota unless they bring in a competent management team that understands how to structure wagers in the modern racing environment. Yes, SHRP has issues with location, being overbuilt and the general malaise felt toward the racing industry by just about everyone.

But that overshadows the fact that there ARE tracks in America that are making a good go of it, and they're doing it through creative marketing and wagering. New wagering options like multi-track Pick 4's, guaranteed exotics with carry-overs and promotions designed around certain bets are working, and they're working well.

Horse track owners need to get back to the basics of making a night at the races fun. And even MORE fun if you throw some money down on a race. I lost count of the people I saw at the track for a concert etc. that weren't laying down a single bet on a single race. That's a recipe for disaster.


More betting = bigger payouts = more betting = bigger purses for races = better quality of horses = bigger crowds etc....