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Bit Of A Yarn

curious

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Everything posted by curious

  1. Don't see any leader bias myself. Tempo and ability are the key factors, same as most tracks. You should go next year then come back and share your opinion.
  2. Did you not watch the Nuggets?
  3. Was that 2001? Only time I ever took a horse there. There were two helicopters but it was a hopeless task. I think they'd spread coal dust on the track. A bit of rain on that and it was a skating rink.
  4. That's the tradeoff in any business isn't it? Lower prices and tighter margins increase sales whereas higher margins and prices reduce sales. You have to find the sweetspot that maximises revenue.
  5. Yep. That was a few years back but is obviously a key metric. There's a risk they could have a negative FOB margin.
  6. Last time I did an OIA on FOB margins, they had ranged from 2+% of turnover annually to 12% over a 4 year period. If you double turnover and halve margins you are no better off. Probably worse because of the costs of doing the extra turnover. Loaf of bread with a $2 margin is no better than two loaves with a $1 margin
  7. Probably not but it will increase turnover by the amount of the bonus bet and not increase revenue. Of course. But it's revenue that remains the key measure.
  8. Yep. A bonus bet is customer money that contributes to turnover though the money is effectively a rebate on a previous bet, so while increasing turnover, directly, it reduces revenue.
  9. Same turnover, higher margins, more revenue.
  10. No it's not. Revenue is. Both current and future. That requires participants interested enough to lose or spend money in return for the enjoyment.
  11. Same here in my view.
  12. I can say that I chose not to go to Riccarton recently to even watch my own horse race at a major meeting. Preferred to stay home and watch, like you say have a beer and a ciggy, but most important watch with who I wanted to and actually have better vision of the race live.
  13. More useful data in relation to this discussion would be how many of those were introduced to racing in their younger years? Presumably that was researched before decisions reducing opportunity for this were reached.
  14. Indeed she did Shad. In fact, she won her third Miss Scenicland in her final start of a career of 24 wins.
  15. True for current business, however historically at least, haven't those picnic/family oriented meetings been a way that the next generation become interested in and excited about racing?
  16. Not forgetting that we'd also lost two days at Westport earlier.
  17. Presumably assists the judge?
  18. It is straightforward. What was he thinking? 310 (1) No person acting as a Starter or Starter's Assistant or Judge or Judge's Assistant or duly appointed substitute therefore either as a Paid Official or in an honorary capacity shall:- (a) officiate at any race meeting at which there is competing any horse in the ownership of which he is directly or indirectly interested unless he has the prior consent of the Stipendiary Steward; or (b) bet or be interested in any wager or bet on any race at any race meeting where he is officiating.
  19. Oh. I'm a bit slow. Completely missed the double entendre there!
  20. Ni idea what the case would be for that. That said, I doubt that the elastic girths used today place any restriction on front end movement.
  21. TAB showing H8 now.
  22. Jockeys swap horses on the turn ... https://fb.watch/pg6h7eIocU/
  23. Don't think it makes any difference. If they want to fund a well being programme, the money will be taken out of funding before stakes are allocated anyway. That seems a more logical way of doing it rather than advertising stakes of $x then actually paying $x - 5%.
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