Economic Indicators: Comparative Figures Show Declines In Wagering, Purses

by | 12.04.2016 | 1:37pm
Breeders' Cup at Santa Anita contributed to California's increased handle in 2016

A November Breeders' Cup in 2016 has made pari-mutuel handle and purse comparisons difficult, as Breeders' Cup was held in October last year. By combining the pari-mutuel handle and purse dollars for both October and November, the comparative numbers paint a much clearer picture.

Over the course of October and November, wagering on U.S. races has decreased slightly, by 3.02 percent, from $1,678,380,147 over the two-month period in 2015 to $1,627,572,895 this year. During the same two-month period, purses decreased by less than half of a percent, from $204,210,455 in 2015 to $203,274,997 in 2016.

For the year, statistics from Equibase LLC show that handle is up by 0.40 percent.

November 2016 vs. November 2015
Indicator November 2016 November 2015 % Change
Wagering on U.S. Races* $837,482,583 $708,461,433 +18.21%
U.S. Purses $101,397,876 $81,028,870 +25.14%
U.S. Race Days 332 315 +5.40%
U.S. Races 2,788 2,668 +4.50%
U.S. Starts 23,106 22,503 +2.68%
Average Field Size 8.29 8.43 -1.74%
Average Wagering Per Race Day $2,522,538 $2,249,084 +12.16%
Average Purses Per Race Day $305,415 $257,235 +18.73%

 

 

YTD 2016 vs. YTD 2015
Indicator YTD 2016 YTD 2015 % Change
Wagering on U.S. Races* $10,017,659,790 $9,978,013,304 +0.40%
U.S. Purses $1,022,816,865 $1,035,743,011 -1.25%
U.S. Race Days 4,391 4,473 -1.83%
U.S. Races 35,935 36,576 -1.75%
U.S. Starts 278,809 285,361 -2.30%
Average Field Size 7.76 7.80 -0.55%
Average Wagering Per Race Day $2,281,407 $2,230,721 +2.27%
Average Purses Per Race Day $232,935 $231,554 +0.60%
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