Racing March Daily Punt - Coronavirus > Caulfield

[54Dogs]

How was turnover yesterday with everything else shut down?

 

[FallingLiefs]

How was turnover yesterday with everything else shut down?

I keep trying to remember to follow that guy on twitter who comes up with the numbers a few days about year on year growth/decay. but can never find him when I need to. Does anyone know his handle?

Obviously as I said tote pools were down but that is expected.

 

[FallingLiefs]

I keep trying to remember to follow that guy on twitter who comes up with the numbers a few days about year on year growth/decay. but can never find him when I need to. Does anyone know his handle?

Obviously as I said tote pools were down but that is expected.

Found him, no figures for yesterday obviously but quick look at Betfair matched volume

Golden Slipper day - Last 6 races 3 G1s, AVG 650k, top and bottom figure come out AVG 592k
Yesterday (drier track)- 2 G1s, AVG 684k, top and bottom out AVG 694k

Golden Slipper obviously huge outlier at 1089k. It's hard being wet tracks week to week because of loss of turnover.

The drier tracks week on week Ascot had huge increase 90% but oaks/melvista day. year on year looks +60%

Looked very consistent at Morphetville, year on year and week on week.

Won't really know the true outcome until corporates are involved which is where the easy money would go.

 

[iluvparis]

How was turnover yesterday with everything else shut down?

I think I saw a guy on twitter who said it was 30-40% on same day last year in both Vic and NSW

 

[FallingLiefs]

I think I saw a guy on twitter who said it was 30-40% on same day last year in both Vic and NSW

increase?

 

[Cuzz09]

Comparison of pools for tab for vinery stud stakes 2019 to 2020.

On SM-G925I using BigFooty.com mobile app

 

[Cuzz09]

Huge decreases

On SM-G925I using BigFooty.com mobile app

 

[54Dogs]

Clubs / F2F closed obviously a massive impact in the TAB drop

 

[iluvparis]

 

[iluvparis]

Prize money slashed for Championships
By AAP
33 minutes ago

Prize money for Sydney's signature autumn races has been halved in response to racing's reduced income stream during the coronavirus crisis.
Racing is scheduled to go ahead subject to government regulationson April 4 and 11 with eight Group One races programmed for the two days of The Championships at Randwick

The Australian Turf Club and Racing NSW have agreed to reduce prize money because of the challenges presented by a drop in wagering which will be significantly reduced by the current lockdowns of pubs, clubs and TAB agencies.
Other sources of funding for prize money, on-course attendances and sponsorship, have also been severely impacted given the public is not allowed to attend race meetings.

Racing NSW has a Future Fund to enable the NSW Racing Industry to continue in the face of such challenges but says it is important to maintain those cash reserves for as long as possible given the uncertainty of the situation.

Prize money cuts:
Doncaster Mile: $3 million down to $1.5 million
TJ Smith: $2.5m to $1.25m
Australian Derby: $2m to $1m
Inglis Sires: $1m to $500,000
Country Championships Final: $500,000 to $400,000
Queen Elizabeth: $4m to $2m
Sydney Cup: $2m to $1m
Australian Oaks: $1m to $500,000
Coolmore Legacy: $1m to $500,000
Arrowfield Sprint: $1m to $500,000
Percy Sykes: $1m to $500,000
Provincial Championships: $500,000 to $400,000
Other Group and Listed races over the two days retain their advertised prize money.

LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

Truly horrific move from a body that has literally just pissed basically this exact amount of money up against the wall in the Golden Eagle less than 6 months ago.

I'd livid if I was the Japs.

 

[FallingLiefs]

Totaliser no shock. Hopefully the corporates absorbed a fair bit of it.

 

[54Dogs]

Totaliser no shock. Hopefully the corporates absorbed a fair bit of it.

They should have picked up some from those with an existing account who have a social punt with no footy to watch, but for those who dont have online accs already and just head to the local for a Sat afternoon punt it's all lost turnover

 

[FallingLiefs]

They should have picked up some from those with an existing account who have a social punt with no footy to watch, but for those who dont have online accs already and just head to the local for a Sat afternoon punt it's all lost turnover

It is,

There is probably a lock of 20% loss of turnover but I would think the other 40% decrease at minimum would be going to online accounts that probably are not Tabcorp.

 

[Hamingja]

How much of the turnover drop is Zjelko & co not betting because they know the mug money would dry up with pubs and clubs closed. Their drop off would surely have a bigger effect on the pools than old mates at the pub.

 

[IKnowtheDog]

LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

Truly horrific move from a body that has literally just pissed basically this exact amount of money up against the wall in the Golden Eagle less than 6 months ago.

I'd livid if I was the Japs.

The exchange rate drop hasn’t helped their cause either.

 

[FallingLiefs]

The key metric will remain the corporates excluding Betfair/Tabcorp and probably Topsport but hopefully Tops let us know about turnover because they tend to do that very occasionally.

 

[FallingLiefs]

We should just be thankful that the Everest prizemoney wasn't slashed. Luckily the odds/evens bet type is able to ensure this does not happen.

 

[IKnowtheDog]

Victorians are able to bet on odds and evens now too

 

[99 Problems]

Don’t think you’ll find many in the industry complaining about the prizemoney. Will almost be shutdown for a period of time, and spending a bunch of unnecessary prizemoney on a showcase day isn’t what they need right now.

Most participants are aware it’s now a fight for survival. There will almost definitely be cuts to the spring features as well.

 

[HeathySure]

Breeders might wonder why they fleeced the buyers for so long now. Cant see them selling too many horses in the near future

 

[FallingLiefs]

Breeders might wonder why they fleeced the buyers for so long now. Cant see them selling too many horses in the near future

 

[IKnowtheDog]

Breeders might wonder why they fleeced the buyers for so long now. Cant see them selling too many horses in the near future

Hobby Breeders and small trainer/breeding operations will take a pretty decent hit in the coming months and may not come back. The top end will survive to what extent it’s hard to say

 

[54Dogs]

Rate of CV19 increase in Aus was at 25-30% 1 week ago, last 2 days 13-15% increase

 

[FallingLiefs]

Hobby Breeders and small trainer/breeding operations will take a pretty decent hit in the coming months and may not come back. The top end will survive to what extent it’s hard to say

When Arrowfield drop 65 odd of Australia's best yearlings to private sale to get ahead of the crash of easter it would seem Mr. Messara not really too worried about the little guys, instead has a little tantrum and does his own thing. Hopefully sees some sort of backlash from the people with mares.

 

[FallingLiefs]

Rate of CV19 increase in Aus was at 25-30% 1 week ago, last 2 days 13-15% increase

I think around 12% increase is a good goal in the short term (next week). Roughly translates to doubling weekly before we likely get an increase from community spread, decrease from already implemented social distancing around friday and further lockdown requirements which is still inevitable to curb community spread after this week.

Would be helpful to get imported cases related to travel and community spread numbers but under the last few days figures it seems likely we will be racing for a week or 2 yet.