Why does British Racing receive so little money from betting

[Anonymous]

Are the figures for owners’ contributions at all skewed by the larger entry fees for bigger races, richard?

[richard]

Equitrack,
Just by way of explanation, the easily accesible figures don’t distinguish between flat and jump prize money per track and the total prize money split between the two codes is roughly two thirds flat, one third jumps. For flat only, owners’ contributions are 19% of prize money, compared to 10% for jumps. So I can’t give a statistical answer. But, I think you are right in the sense that the better the race, the higher the entry fees. On the whole, the higher the entry fees, the bigger the proportion of prize money provided by owners.

Just a couple of examples:
At flat only Newmarket owners contribute 37% of prize money. At Goodwood it is below aversge at 14% but that’s because the racecourse and their sponsors contribute a whopping 39%. At Wolves, by comparison, owner contribution to prize money is 12%

By way of another point the 295 Group and Listed races on the flat take 38% 0f the flat prize money, though they only account for about 5% of all flat races. (Food for thought there!) Entry fees are high, with forfeit stages, etc, for Group races but whether owner’s contribution as a whole are significantly higher as a proportion of prize money? It’s certainly high in value and I’d suspect high in proportion, but honestly don’t know.

richard

[Author]

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