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Bit Of A Yarn

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Posted (edited)

Does anyone know what the betting figures are for harness at the moment?

Are any harness meetings actually making money?

Why do they not advise us of the money being put on fixed odds on every meeting, compared to the tote pools?

There is no way on earth they are making money on many meetings with what is going through the tote!!!!

Last  night at Auckland there were tote pools on both win and place for the whole of NZ that was less than what a single household would spend on their mortgage or food bill for a week!!

One race had a bit over $400 in the win pool with a couple of minutes to go!

When the stakes are $17k or more this is a total recipe for disaster, but we are told things are positive??

Anyway must still be plenty of Entain money left for another couple of years and we must be in safe hands, so all is good!

 

Edited by Brodie
  • Like 1
Posted (edited)

Be nice to know all the figures, many of the pools(exotics) are all mostly tote but fixed odds figures ain't about turnover, it's profit, if there is any.

Reality is just don't think harness racing is a popular as it used to be.

I should add the few racing in small fields, good stakes,  are probably doing very well, for now.

Edited by mikeynz
  • Like 2
Posted

It is going to be very interesting to see how the yearling sales go this year?

There is less horses going through the sales than what there used to be in Christchurch so figures may hold up pretty well!

However you would have to wonder whether there are going to be enough buyers prepared to pay the big money for a yearling that wont be racing for a couple of years?

There is no doubt whatsoever that these horses when they race will be racing for stakes that are going to be significantly less than what they are currently racing for!

How much less would only be a guess, but unless things change and they start to manage things properly, I would not be surprised if stakes were half What they are now!

HRNZ need to be speaking to the TAB and get them to be encouraging wagering rather than restricting it badly or things are not going to be flash!

Interesting times indeed!

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