14 Comments
Oct 28, 2023Liked by Charles Simon

Great article, thanks for taking the time to write it.

I agree "safety" and "whats best for the horse" is a given, but to some immature people who don't understand how life works, this would be considered a success : "“If a horse safely races around a track but no one is around to see it….is that success?”.

These horses are bred and born to race, without racing, there are no thoroughbreds. Retiring horses or running then less is not what is best for the horse like the pollyanna people think.

The game is eating itself alive. Good luck to Repole, number one problem with racing is premature retirement of the top horses, so what does he do? Instead of giving Forte the winter off and bring him back next year, he retires him. He is a big part of the problem he is trying to solve.

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Oct 29, 2023Liked by Charles Simon

You've stated IYO, the problems.

Cant wait to hear 20 or so paragraphs on your solutions

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Oct 28, 2023Liked by Charles Simon

Excellent points. 1/ST racing's trying to address business issues -- poor ratings and handle for the Preakness -- with a phony "safety and welfare" argument is despicable.

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Oct 28, 2023Liked by Charles Simon

Horseracing’s business model doesn’t work very well. The game does not generate enough revenues to sustain itself. When there is no money, no one is happy.

A major source of the problem is that horseracing has corrupted the very thing that makes it an interesting betting proposition. That “very thing” is the fairness of its parimutuel pools. Giving a large group of bettors an unfair advantage over the others has driven away the games core bettors and is preventing new ones from coming in. That has to be fixed immediately. With that fixed, the game could experience the growth of a surviving business. This is absolutely a necessity.

But, oddly that might not be enough to make the game prosper. The second and last recommendation is that all tracks should own and operate their own horseracing-based slots. Kentucky finally has done it and the rest of racing has to follow. Owning your slots is critical for making the game a thriving business. And it does not have the instability of the present day subsidy slot programs of many states.

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Oct 28, 2023Liked by Charles Simon

Why continue with this game? Why not throw in the towel?

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Tell your friend that I would gladly take any issues with Bobby Frankel. I'll pay postage, etc

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