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If the shares have fallen that much Joni, perhaps you, Ginger and Gosden should invest as they are bound to go up once the New Revolutionary Championship Team Horse Racing thingy mi-jig kicks in and the masses who previously had no interest in horses running from A to B suddenly take interest on a Thursday night watching horses running from A to B.
Ginge if shop A closes, punter will go to Shop B, they will still spend the same as they would in shop A.
The problem arises though as punter takes 50 times longer to bet £2 pound spin instead of £100 pound spin thus the people who are hooked on feeding FOBT’s twenty pound notes will be queuing up.I can picture the scenes as people head to London to play the one and only FOTB as the last remaining bookie opens it’s doors for the last time. Forced to close as the queues were too long.
Charles Darwin to conquer the World
Ginge if shop A closes, punter will go to Shop B, they will still spend the same as they would in shop A.
In the cities and large towns – possibly Nathan – what about in small towns where bookmakers aren’t as numerous? And even if there’s a nearby bookmaker what if that closes too, leaving punters a long walk? Wish I had your certainty of this will happen or that won’t. What if you’re wrong? Racing (as any business does) needs to react to the probability (or even possibility) of having less money coming in.
If nothing is done, suspect if Racing did lose out – not having enough money…. you’d be one of the first to say the BHA should’ve done something to generate money/interest sooner.
Value Is EverythingGinge, we have racing everyday of the whole year bar one or two days and on individual days more than one meeting, on some days multiple meetings. It’s apparently the second most attended sport in the UK behind Football, not sure how true that is but I hear it often enough. Plenty of people are going through the gates, do the courses themselves need to put a bit more money into racing? I’m not saying they don’t already as I simply don’t know what they give but if the bookies folded would the Cheltenham festival still run? would we still have Derby day? because they always use to run pre bookies, the 1st Epsom Derby was ran 200 years before I was born.
Charles Darwin to conquer the World
Haven’t got a clue about how much courses contribute, Nathan. But some courses aren’t making much money as it is. Kempton wouldn’t be under threat if they were coining it in. Some may well go to the wall and/or be built on if forced in to contributing more. Not that that (less racing) is necessarily a bad thing imo.
However, you ask about whether the Cheltenham Festival and Derby would still exist if bookies folded. Of course they’d still “exist”, but not to their current standard. Prize money will be greatly reduced, not only Derby and Cheltenham, but everywhere… And that would be devastating in the long run. Amount tradition can do is limited. Less prize money attracts a poorer quality animal. Or rather, better quality animals would eventually go elsewhere; both racehorses and the breeding industry. Ireland and France would dominate the best of British…
…Unless of course, we find different ways to generate the prize money.
Value Is EverythingThere is better prize money elsewhere anyway Ginge but Coolmore will still put their best horses in the Derby. It’s a big sporting event, I’m sure if the bookies were cashed strapped lol then someone else would step forward. Sky for example would be better served sponsoring the Derby than trying to get this Team Championship thing up and running.
Charles Darwin to conquer the World
There is better prize money elsewhere anyway Ginge but Coolmore will still put their best horses in the Derby. It’s a big sporting event, I’m sure if the bookies were cashed strapped lol then someone else would step forward. Sky for example would be better served sponsoring the Derby than trying to get this Team Championship thing up and running.
In prize money terms, Nathan; Britain is already behind many similar Premier League Racing countries. Only tradition and prestige/value our races have in the breeding world that keeps the best horses coming to Britain (both in terms of overseas visitors and in training here). But there’s only a certin amount that tradition and prestige can do. If prize money goes down still further then we will struggle to maintain our position. Won’t be overnight, but… eg If the French Derby was worth significantly more, then it will start to attract some of the better horses that would’ve turned up at Epsom… That number of top class horses going to France probably increases over time, standard of Epsom Derby winner drops… And therefore the value an Epsom Derby winner has in the breeding shed drops too.
imo Tradition and prestige means it doesn’t matter too much if our top races are worth a little less than France or Ireland or USA or Japan or Australia… but it would matter if the gap was significant.
Value Is EverythingObviously not many people will weep for the bookies Stevie but it is the knock-on effect that should worry us. There are so many betting shops because there is demand for so many betting shops (thanks in no small part to those bloody FOTB’S). If Bookies start closing it is because there is less demand which means there is less money being spent which means there is less money to go to racing. Small owners are already finding it impossible to break even with the paltry prize-money on offer over here. Those numbers will continue to dwindle if the money goes down further. I hope there will always be enough prestige for the big owners to want their horses to race here but I don’t think we can become too complacent. Racing needs to grow not shrink. It’s a competitive world.
"this perfect mix of poetry and destruction, this glory of rhythm, power and majesty: the undisputed champion of the world!!!"
Who’s top of this years ‘Championship’ my money was on Roaring Lion..?
Charles Darwin to conquer the World
Not quite Nathan; but sadly it can only be a matter of time.
Top three are:
Alpha Centauri 376, Roaring Lion 369, Stradivarius 290,Value Is EverythingEUROPEAN RACING CHAMPIONSHIPS Rules:
British, Irish and French races:
Group 1………………1st, 2nd, 3rd, 4th
Colts & Open races…1000, 450, 200, 100
Fillies & Mares races…800, 360, 160, 80
Group 2……………….1st, 2nd, 3rd
Colts & Open races…..450, 200, 100
Fillies & Mares races…360, 160, 80
Group 3
Colts & Open races…..200, 100, 50
Fillies & Mares races…160, 80, 40
Listed
Colts & Open races……100, 50, 25
Fillies & Mares races…..80, 40, 20German and Italian races:
Group 1……………….1st, 2nd, 3rd
Colts & Open races…..600, 270, 120
Fillies & Mares races…500, 225, 100
Group 2
Colts & Open races…..270, 120, 60
Fillies & Mares races…225, 100, 50
Group 3
Colts & Open races…..120, 60, 30
Fillies & Mares races…100, 50, 25British, Irish and French Races:
Group 1 winners of Colts, geldings & open races get 1000 points, 2nd get 45% of race winner (450), 3rds get 20% (200) and 4ths (only in Group 1 races in GB, Ire and Fr) 10% (100). Points in other Groups/listed are the same as a place worse in a standard better. eg Group 2 winners getting the same as Group 1 seconds; Group 2 seconds getting same as Group 1 thirds and Group 2 thirds the same as Group 1 fourths. Group 3 winners getting the same as Group 2 seconds etc.Fillies & Mares races are scored at 80% of Colts/geldings & open races.
German and Italian Races:
German and Italian Colts and Open races 60% of what it would be in GB, Ire and Fr. German and Italian Fillies get 50% of what the Colts get in GB, Ire and Fr.Value Is EverythingMade a few tweeks to the scoring:
Here’s how the 2018 season would’ve finished…2018 EUROPEAN RACING CHAMPIONSHIPS Rules:
British, Irish and French races:
Group 1………………1st, 2nd, 3rd, 4th
Colts & Open races…1000, 400, 200, 100
Fillies & Mares races…800, 320, 160, 80
Group 2……………….1st, 2nd, 3rd
Colts & Open races…..400, 200, 100
Fillies & Mares races…320, 160, 80
Group 3
Colts & Open races…..200, 100, 50
Fillies & Mares races…160, 80, 40
Listed
Colts & Open races……100, 50, 25
Fillies & Mares races…..80, 40, 20German and Italian races:
Group 1……………….1st, 2nd, 3rd
Colts & Open races…..625, 250, 125
Fillies & Mares races…500, 200, 100
Group 2
Colts & Open races…..250, 125, 62
Fillies & Mares races…200, 100, 50
Group 3
Colts & Open races…..125, 62, 31
Fillies & Mares races…100, 50, 25
Listed
Colts & Open races……62, 31, 15
Fillies & Mares races…..50, 25, 12British, Irish and French Races:
Group 1 winners of Colts, geldings & open races get 1000 points, in all races the 2nds get 40% of race winner, 3rds get 20% and 4ths (only in Group 1 races) 10%. Points given are the same as a place worse in a standard better. eg Group 2 winners getting the same as Group 1 seconds. Group 2 seconds getting same as Group 1 thirds and Group 2 thirds the same as getting same as Group 1 fourths. Group 3 winners getting the same as Group 2 seconds etc.
Fillies & Mares racing in Open races get the same amount as Colts & Geldings in those races.
Fillies & Mares Races are scored at 80% of Colts/geldings & Open races.
Group 2 winners get 40% of Group 1 totals, Group 3’s gets 20% and Listed 10%.
Seconds and thirds get 50% of the seconds and thirds from one Group up.
In order to win the title European Racing Champion a horse must have at least one Group 1 victory in “Open” competition.
Other Nations:
Other Nations get 62.5% of what it would be in GB, Ire and Fr. However, no third place gets more than half of a second placed horse etc.2018 European Racing Championship:
1st Roaring Lion 4650
2nd Alpha Centauri 3720
3rd Laurens 3520
4th Cracksman 3400
5th Stradivarius 3200Given the standard of its winners, is only a matter of time before the Group 2 British Champions Gold Cup becomes a Group 1. Had it been so this season, Stradivarius would’ve been second in the Championship with 3800 points… And in that case, Stradivarius would’ve taken the lead from Alpha Centauri with his victory on the final day/Champions Day… Laurens had her chance to be Queen and head the table, only for Roaring Lion to beat her and take the crown in the QEII.
Value Is EverythingWhat the latest update on this
When is the big kick off..??Charles Darwin to conquer the World
Been postponed ‘until next year’ – translation: it’s dead in the water. Hopefully the even dafter City Racing will follow soon
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