For photos from the Meadowlands contact Lisaphoto@playmeadowlands.com

Tuesday, July 7, 2009

The Sharks Smell Blood

Make no mistake about it. The glory days of the Meadowlands are long gone. Half the plant is closed up, they now need to card $7,500 claimers to fill their cards and short fields are becoming the norm rather than the exception. Even when slot revenue arrives (it is just a question of how and when, not if) and the purses get big again, the days of drawing huge crowds will be long gone. The closed portions of the plant will be reopened for VLTs, not horseplayers.

The flagship of harness racing is taking on water. Surprisingly, there are people out there who are taking pleasure at what is occuring at the Meadowlands. They are criticizing management there for the short fields and the $7,500 claimers and for offering the 25% NJOS Preferred supplements on Meadowlands Pace night to ensure the overnights fill. They take delight in the top drivers and stables abandoning the Meadowlands except for stakes night and heading to Yonkers, Chester or Pocono Downs and they criticize the revised driving colony at the Meadowlands. It is clear the sharks are smelling the blood and they are waiting to pick over the remains.

Foolish, foolish people.

Look, as a horseplayer, I am no fan of the Meadowlands. While I live close to the Meadowlands, I prefer playing the half mile and 5/8 mile tracks as they tend to be more formful and I have more success wagering at the smaller tracks than the Meadowlands. My visits to the Meadowlands is limited to stakes nights and the occasional afternoon cards. However, make no mistake, as a person who is involved in standardbred racing, I understand the success of tracks like the Meadowlands is critical to the long term viability of standardbred racing.

Let's go over the facts. The Meadowlands has the highest handle day in day out of any standardbred track in the United States. With the exception of the purse supplement provided by Atlantic City casinos, all the purse money is derived from wagering. At tracks like Chester Downs, over 90% of the purse money comes from slot money. That is free money that the horsemen have done nothing to earn; it's welfare plain and simple. What would the purses be at Chester, Pocono Downs and Yonkers if the only thing feeding the purse account was wagering?

As for media coverage of harness racing, with the exception of the Little Brown Jug, how much press does harness racing get nationally outside of the events occuring at the Meadowlands? If you think coverage is poor now, it will be non-existent if the Meadowlands was to close.

I understand the flight of horsemen to the tracks that have slot fueled purses. If you can race for $10,000, why race for $7,500? That being said, the horsemen who have abandoned the Meadowlands better hope that once the slot money starts flowing in New Jersey, that they don't implement a program giving preference to trainers that remained faithful to the Meadowlands over those that went for the money. And some of those so called 'second tier' drivers and trainers? They are going to be sticking around once the good times return. Management remembers who stood with them during the lean times.

Look, the NJSEA as a semi-governmental agency should not be running a racetrack. Racetracks are best run by private companies. However, during this period of turmoil, they have shown great restraint. They realize their importance to the sport. Look at tracks like Monticello (a racino) and Freehold who either cancelled some or all of their stake races. The Meadowlands could have dropped certain stake races or could cut the added money to thes races in order to offer higher overnight purses but they didn't.

For many horseplayers, especially those that are price sensitive, the Meadowlands is the only track for them to play. Sure, the better horses may now be racing at Chester and Pocono Downs, but how many of these horseplayers are going to wager into pools where exotic wagers have an extortion-like takeout of 30%? If the Meadowlands closed, many of those gamblers would be lost; forever.

Like it or not, the success of harness racing is tied directly to the Meadowlands. While some racinos do have some great stake races, none of them have stepped up to have a stakes program that comes close to the Meadowlands' program. The Meadowlands is the foundation of harness racing. If the foundation cracks, the whole sport comes tumbling down.

Rather than take delight at what is happening at the Meadowlands, people need to realize the seriousness of the situation and hope the Meadowlands can hold on till the slots arrive. Slots are not the solution to harness racing's issues, but it will allow time to fix our problems; making the product desirable to gamble on.

Your future may just depend on it.

4 comments:

ITP said...

35% not 30%

malcer said...

Agree with most of this, but one frequently written mentioned opinion puzzles me:

"Racetracks are best run by private companies" -

Why do you think that? Not only do you go on to mention that the semi-public M is managed better than most private tracks, where is the proof?

As a Thoroughbred fan, I think it's obvious that the two best-managed racing jurisdictions worldwide are Japan and Hong Kong. Both are non-profit and firmly supervised by government agencies.

I think American fans too often deduct from the negative influence state politicians have that any kind of government-run track would suffer the same problems.

In my opinion the problem is only that states are too low an administrative level to be productive for racing, it should be governed on the national (or in North America's case, continental) level.

That Blog Guy said...

Malcer,

The problem with a semi-governmental agency running the tracks in NJ is that they lack the ability to exclude people from racing there. As a result, you have had people which other tracks would not allow in race there, even if Freehold has banned them. If run by a private entity, they would be free from this restriction.

That Blog Guy said...

Oops, left off one thing in my response about how the NJSEA is better. Basically, their dedication to the racing product under adverse situations. Most tracks would have cancelled some of their stakes programs; in harness racing it is probably the best stakes program in the nation. Realizing the importance of the meet, they have refrained from doing so.

The reason people fear having a national racing authority is the fear of government intruding in the day to day running of racing such as limiting medication and so forth. Also, quite honestly, by having a national focus, there is probably a fear of animal rights people being able to overly infulence decisions; the feeling being they currently need to lobby seventeen (in the case of harness racing states) versus one legistlative body (the federal government).

One problem we have is that the states treat horse racing as a sin and are just interested in collecting their taxes rather than promoting it. If we had something like what is done in Australia with regards to racing, it would be great. Attitudes need to change.