Horse Racing Betting Trends Not Positive For Year’s First Quarter

by | 04.05.2019 | 12:42pm

Betting on U.S. horse racing showed across-the-board declines in March, year over year, and wagering was down for the first three months of 2019 compared to last year, according to figures released by Equibase Friday.

Wagering in March was down close to three percent, while purses, race days, races, field sizes and starts all saw similar drop-offs. For the first quarter compared to 2018, most of those areas showed decreases, although smaller, and purses and average purses per race day grew during the period.

The statistics provided by Equibase can be seen below.

March 2019 vs. March 2018
Indicator March 2019 March 2018 % Change
Wagering on U.S. Races* $944,833,669 $972,396,989 -2.83%
U.S. Purses $79,603,010 $81,799,943 -2.69%
U.S. Race Days 310 317 -2.21%
U.S. Races 2,677 2,741 -2.33%
U.S. Starts 20,419 21,339 -4.31%
Average Field Size 7.63 7.79 -2.02%
Average Wagering Per Race Day $3,047,851 $3,067,498 -0.64%
Average Purses Per Race Day $256,784 $258,044 -0.49%

  

YTD 2019 vs. YTD 2018
Indicator YTD 2019 YTD 2018 % Change
Wagering on U.S. Races* $2,534,884,965 $2,626,627,511 -3.49%
U.S. Purses $227,068,978 $225,322,915 +0.77%
U.S. Race Days 844 848 -0.47%
U.S. Races 7,289 7,298 -0.12%
U.S. Starts 56,822 57,820 -1.73%
Average Field Size 7.80 7.92 -1.60%
Average Wagering Per Race Day $3,003,418 $3,097,438 -3.04%
Average Purses Per Race Day $269,039 $265,711 +1.25%
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