Wagering Up, Purses Down Slightly During October That Included Preakness

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Sarah Andrew

As a service to the industry and in consideration of the economic changes due to the COVID-19 outbreak, Equibase is currently providing monthly reporting of its Economic Indicators Advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing's performance throughout the year.

October 2020 vs. October 2019
Indicator October 2020 October 2019 % Change
Wagering on U.S. Races* $929,063,211 $776,071,164 +19.71%
U.S. Purses $90,845,317 $91,981,753 -1.24%
U.S. Race Days 340 334 +1.80%
U.S. Races 2,852 2,754 +3.56%
U.S. Starts 22,410 22,176 +1.06%
Average Field Size 7.86 8.05 -2.42%
Average Wagering Per Race Day $2,732,539 $2,323,566 +17.60%
Average Purses Per Race Day $267,192 $275,394 -2.98%

 

YTD 2020 vs. YTD 2019
Indicator YTD 2020 YTD 2019 % Change
Wagering on U.S. Races* $9,277,878,319 $9,370,253,183 -0.99%
U.S. Purses $720,074,376 $985,849,122 -26.96%
U.S. Race Days 2,849 3,849 -25.98%
U.S. Races 23,747 31,308 -24.15%
U.S. Starts 186,886 233,153 -19.84%
Average Field Size 7.87 7.45 +5.68%
Average Wagering Per Race Day $3,256,539 $2,434,464 +33.77%
Average Purses Per Race Day $252,746 $256,131 -1.32%

 

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

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