Wagering and Purses Up Despite Fewer Races in October 2021

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Coglianese

Equibase has released the economic indicators for the month of October and year-to-date, as well as the same statistics for October of 2020 and January through October of 2020 for comparison.

THOROUGHBRED RACING ECONOMIC INDICATORS FOR OCTOBER 2021

Indicator                           Oct. 2021            Oct. 2020            % Change

Wagering/U.S. Races             $950,624,087     $929,063,211           +2.32%

U.S. Purses                       $107,844,038      $90,904,717            +18.63%

U.S. Race Days                328                        340                           -3.53%

U.S. Races                        2,748                    2,852                        -3.65%

U.S. Starts                         20,750                  22,410                       -7.41%

Avg. Field Size                 7.55                       7.86                           -3.90%

Avg. Wagering/Day       $2,898,244          $2,732,539               +6.06%

Avg. Purses/Day            $328,793              $267,367                  +22.97%

 

YTD 2021 vs. YTD 2020

Indicator                           3Q 2016               3Q. 2015              % Change

Wagering/U.S. Races    $10,448,766,933 $9,275,606,633 +12.65%

U.S. Purses                       $988,391,517       $720,140,966 +37.25%

U.S. Race Days                3,530                    2,849          +23.90%

U.S. Races                        28,976                  23,747         +22.02%

U.S. Starts                         211,377                  186,886      +13.10%

Avg. Field Size                 7.29                       7.87                -7.31%

Avg. Wagering/Day       $2,959,991          $3,255,741   -9.08%

Avg. Purses/Day            $279,998             $252,770    +10.77%

 

Stats provided by Equibase Company

*Includes worldwide commingled wagering on U.S. races.

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