Wagering on U.S. Races Declines in February

Saratoga | Sarah Andrew

Wagering on U.S. races dipped 2.85% in February, with 11 fewer racing dates, in year-to-year comparisons released Tuesday by Equibase, while through two months of 2024, wagering is down 6.83% with 59 fewer race days than the same period in 2023. Wagering in February totaled $838,195,585, compared to $862,782,585 in February, 2023. Through two months, a total of $1,618,055,698 was wagered in U.S. races. That figure was $1,736,625,054 after two months of 2023.

While available purse money increased 6.44% to $86,413,218 in February, that figure year-to-date is down 4.03% to $164,357,301.

There were 252 race days in February, compared to 263 in 2023, bringing the year-to-date total to 469 versus 528 a year ago. There were 4,007 races in January and February, compared to 4,508 during that period in 2023.

Average field size rose slightly during the first two months of the year, from 7.66 in 2023 to 7.77 in 2024.

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