|There are plenty of other tracks out there and Derby Wars is still offering tournaments. (Just not on Stronach content.)|
The thing that kills me is NO ONE at The Stronach Group, CDI, or any of the independent thoroughbred tracks for that matter seems willing to innovate - in ANY area.
EDIT: I take that back. Oaklawn did try reduced vig for their on track show pools this past meet. (That's something at least.)
That said, the only entities in thoroughbred racing doing any real innovating are:
• Sites like Derby Wars -- tournaments, always trying new tournament formats, reduced rake vs. the parimutuels, etc.
• ADWs -- if your handle volume is high enough many offer cash rebates and free past performance info. Even at min volume thresholds most offer improved wagering interfaces vs. the old school standard wager pad which allows for rapid ticket construction. Most now offer other perks like text file upload and free race replays, etc.
• Data Vendors -- HDW, DRF, Brisnet, etc. have been quite willing to innovate. (Some more than others.) I can't even count many different things and special processes HDW has put in place over the years at my request. Even Equibase has gotten in on the act. (The Scratches and Changes XML feed is just one example.)
But The Stronach Group?... CDI?... Innovate?
Umm... That'd be a big fat no.
What kills me is that The Stronach Group, CDI, and let's not forget HORSEMEN...
Instead of innovating:
They have made a concerted effort to thwart innovation and clamp down on sites like Derby Wars, ADWs, and yes even Data Providers like HDW.
Of course when they win in court (like the recent Derby Wars case) they get a "victory" they can point to.
But at what cost?
While it's clear from their actions that The Stronach Group and CDI think sites like Derby Wars and ADWs (not theirs of course but independently owned ADWs) are BAD for racing and need to have their content pulled, be charged higher rates, and/or be shut down...
I would argue that BECAUSE sites like Derby Wars and independently owned ADWs are the only ones innovating:
They -- and not the tracks -- have had the effect of actually creating interest and drawing eyeballs to the product among us fans and bettors.
In my opinion each and every "victory" like the recent Derby Wars case only serves to create badwill among the customer base:
And in turn has the effect of causing us bettors to collectively lose interest in thoroughbred racing and BET LESS than we were betting before.
North American thoroughbred racing handle peaked at just under $16 billion in 2003. And it's been shrinking at the rate of about 4% per year ever since. 2017 should come in somewhere between $10b and $11b.
Unadjusted for inflation that's a 33% loss.
Adjusted for inflation that's about a 50% loss.
So far as a boycott...
I say use your handle dollars to vote your conscience. (I know I do.)
So far as an organized boycott...
I'm not sure it would have the desired effect.
Adjusted for inflation: Racing has already undergone a 50% handle loss.
The market is speaking.
The question is:
Is anyone at The Stronach Group or CDI listening?
~Edited by: jeff on: 6/12/2017 at: 10:59:50 AM~