Free, Pay, Play or Go AwayWritten by Jon Stettin
There has been a lot of talk recently about the cost of past performances and all the handicapping information available to bettors. Most of the information is based on past performances, which are usually provided by Equibase. Equibase is owned by the Jockey Club. There is a hint of a conflict here, in my opinion. One of the functions of the Jockey Club should be to promote the sport of horse racing. It would be a tough sell to try and say promoting the sport should not include at the least basic past performances being made available to bettors free of charge.
In sports betting basic statistics are readily available and free. In poker, there are all kinds of free information available on any type of hand you may draw. The basic information needed to make a somewhat informed decision differs from more tailored and pinpoint type of information. For example, basic past performances from the Daily Racing Form are one thing. Formulator is something entirely different. Formulator provides a lot of customizable options, and that is something even a bettor can expect to pay for.
The issue goes even deeper. Entries and results being dissimulated have been restricted at times to entities paying for that information which is readily available. I think any reasonable person would want to see any company that serves their industry make a profit, but there comes the point where bettors and the good and growth of the game should come into play. If we continue to alienate and drive both bettor/customers away in addition to entities trying to promote or break into the game, there eventually will be no game. Everybody loses in that scenario. Well almost everybody, maybe not PETA.
At some point racing shot callers are going to have to quit the seminars and round tables and get on the same page. Without a central governing body and a Commissioner that seems next to impossible. Implementing an organization and finding individuals to fill the roles will be harder than staggering post times of stake races. It’s a huge long-shot we could ever get that done.
Racing likes to boost on just about every big day and following every “big” meet that the all sources handle was broken. As far as I know, these figures are thrown out there and not subject to any audit I have ever heard or read about. Assuming they are accurate, it doesn’t paint a true picture. Inflation is growing faster than any handle increase we can boast about, and any article or figures I have ever reviewed on the subject shows our numbers are down considerably when inflation is factored. Who are we misleading and why?
Racing has operated as if they are the only game in town for so long, and have taken not only the bettors their customers, but all participants for granted so long I am not even sure they realize it anymore. Look at the recent case of Hall of Fame trainer Jerry Hollendorfer. He was banned by four racetracks without even being given a hearing or any due process whatsoever. I am not sure a form reason has ever been provided to anyone, Hollendorfer included. We were told he had a number of breakdowns at a specific meet. Nobody mentioned for a few years prior to that he had none. Now I am not saying or opining on his situation beyond stating the obvious. Why he was banned is a mystery to the masses, and there was no due process. The Hall of Famer filed for an injunction in an outside court, and it was granted. That should tell the industry something.
These issues, while all problematic along with inconsistencies, takeout, and drugs both illegal and otherwise, pale in comparison to our slaughter and aftercare issues. We are an industry plagued with problems and operating like a ship in the ocean with no rudder. This falls on all the shot callers who want more than their current paychecks but the guaranteed continuance of the Sport of Kings and maybe even a return to its glorious history. I know, it’s is a bet against.
If in the near future we do not develop a systematic way to identify, and more importantly correct, all the issues the game faces what we see now as a crossroads is going to look like the good old days when we still had racing.