Today's Horse Racing

The sport of kings.
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Emmson
Posts: 3394
Joined: Mon Feb 29, 2016 6:47 pm

ShaunWhite wrote:
Tue Jun 13, 2023 5:01 pm
Dallas wrote:
Tue Jun 13, 2023 3:50 pm
Unfortunately horse racing is one of many sports that's seen a steep decline in traded volume over the last few years
.
Tbh it would be strange if volume wasn't down given the state of the country.
That is true Betfair, Blighty and Horse Racing all suffer from declinism, we in fact have not as country had a booming economy since before the 2008 worldwide financial crisis, may the exchange pick up or at least stabilize in an era of economic prosperity which 4 consecutive Tory PMs have not given us?
Emmson
Posts: 3394
Joined: Mon Feb 29, 2016 6:47 pm

This is what I was referring to earlier:

race has been run and a piss poor £138K was matched pre-play and in-play.

F*cking Abysmal!
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to75ne
Posts: 2420
Joined: Wed Apr 22, 2009 5:37 pm

Emmson wrote:
Tue Jun 13, 2023 5:57 pm
This is what I was referring to earlier:

race has been run and a piss poor £138K was matched pre-play and in-play.

F*cking Abysmal!
i dont often trade monday and tuesday.

Would you expect a class 6 hcap at ayr in the early evening of a june tuesday to attract that much more?
MaxLiability
Posts: 25
Joined: Thu Apr 27, 2023 6:43 pm

Emmson wrote:
Tue Jun 13, 2023 5:57 pm
This is what I was referring to earlier:

race has been run and a piss poor £138K was matched pre-play and in-play.

F*cking Abysmal!
Racing has been in decline for years, the amounts matched these days are pitiful compared to the glory days of 10+ years ago. I also think cross matching takes away so much liquidity, at source, that the amounts available are so much lower than what we'd have if it was a true exchange. You can literally sit for minutes now waiting for one half of your trade to be taken close to the off even when you're head of the queue.
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jamesedwards
Posts: 2532
Joined: Wed Nov 21, 2018 6:16 pm

Emmson wrote:
Tue Jun 13, 2023 3:19 pm
:!:
How does this graph look if you just look at year-to-date for every year?
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Crumpets
Posts: 157
Joined: Fri Nov 05, 2021 4:38 pm

I'm sure the recent sunshine contributes to lower volumes on a day to day basis.

Beers in the garden/pub, or sat in front of a screen for hours...
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ANGELS15
Posts: 854
Joined: Wed Mar 22, 2017 9:57 am

MaxLiability wrote:
Tue Jun 13, 2023 7:02 pm
Emmson wrote:
Tue Jun 13, 2023 5:57 pm
This is what I was referring to earlier:

race has been run and a piss poor £138K was matched pre-play and in-play.

F*cking Abysmal!
Racing has been in decline for years, the amounts matched these days are pitiful compared to the glory days of 10+ years ago. I also think cross matching takes away so much liquidity, at source, that the amounts available are so much lower than what we'd have if it was a true exchange. You can literally sit for minutes now waiting for one half of your trade to be taken close to the off even when you're head of the queue.
There's also a decline in new punters partly due to social and cultural changes. There was once a time many people bet.These days those that do take up betting tend not to be aware of the exhanges or are prejudiced against them. Also add in afforadability checks etc which all add to the decline in liquidity and traded volume. The bookies must be rubbing their hands with glee as exchanges decline and become tools for them to hedge leaving the few new punters there are drawn to sportsbooks.
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napshnap
Posts: 1200
Joined: Thu Jan 12, 2017 6:21 am

ANGELS15 wrote:
Thu Jun 15, 2023 8:13 am
MaxLiability wrote:
Tue Jun 13, 2023 7:02 pm
Emmson wrote:
Tue Jun 13, 2023 5:57 pm
This is what I was referring to earlier:

race has been run and a piss poor £138K was matched pre-play and in-play.

F*cking Abysmal!
Racing has been in decline for years, the amounts matched these days are pitiful compared to the glory days of 10+ years ago. I also think cross matching takes away so much liquidity, at source, that the amounts available are so much lower than what we'd have if it was a true exchange. You can literally sit for minutes now waiting for one half of your trade to be taken close to the off even when you're head of the queue.
There's also a decline in new punters partly due to social and cultural changes. There was once a time many people bet.These days those that do take up betting tend not to be aware of the exhanges or are prejudiced against them. Also add in afforadability checks etc which all add to the decline in liquidity and traded volume. The bookies must be rubbing their hands with glee as exchanges decline and become tools for them to hedge leaving the few new punters there are drawn to sportsbooks.
Don't forget an influence of another form of the gambling - widely easy accessible fin-trading apps and tons of shitfluencers promoting them.
MaxLiability
Posts: 25
Joined: Thu Apr 27, 2023 6:43 pm

napshnap wrote:
Thu Jun 15, 2023 8:22 am

Don't forget an influence of another form of the gambling - widely easy accessible fin-trading apps and tons of shitfluencers promoting them.
Yep that's where the kid's money goes these days, crypto or share trading apps, much more exciting for them than watching horses going round and round. Horse racing was always seen as an old mans thing even when I started 30 odd years ago, the powers that be haven't done anything to change that.
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Dallas
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Location: Working From Home

Wasn't expecting much from today's races but found it also quite tricky so far at times
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Archangel
Posts: 1994
Joined: Thu Jun 27, 2013 3:03 pm
Location: Polo Lounge, Beverly Hills Hotel

If Racing did more to promote the in-running stuff I think that would really attract new and younger people to the betting side. Its fast, exciting, volatile. Ideal for the low attention spaned youth of today, they would love it!
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

MaxLiability wrote:
Sat Jun 17, 2023 1:26 pm
Horse racing was always seen as an old mans thing even when I started 30 odd years ago.
Been saying too for years, why the hell would anyone under 50 be interested. Greyhounds are even worse. The authorities can't do much about the fact there's no team/social aspect to get behind, a million supporters (eg footy) creates a buzz and an interest, but 10000 largely similar horses never will.

Scrap the amateur ownership, create 30 professional ownership 'teams' and have them compete in a leagues for different grades of horse. It's not hard to imagine, it's how every other sport works from cycling to the NFL.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Archangel wrote:
Sat Jun 17, 2023 3:26 pm
Its fast, exciting, volatile. Ideal for the low attention spaned youth of today, they would love it!
Low attention span? This is the generation who'll spend 16hrs a day on a game!

30 seconds action 20 times a day leaves a lot of time to be waiting for anything to happen and lots of time to find something more interstesting, and better value for money.
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Archangel
Posts: 1994
Joined: Thu Jun 27, 2013 3:03 pm
Location: Polo Lounge, Beverly Hills Hotel

ShaunWhite wrote:
Sat Jun 17, 2023 4:03 pm
Archangel wrote:
Sat Jun 17, 2023 3:26 pm
Its fast, exciting, volatile. Ideal for the low attention spaned youth of today, they would love it!
Low attention span? This is the generation who'll spend 16hrs a day on a game!

30 seconds action 20 times a day leaves a lot of time to be waiting for anything to happen and lots of time to find something more interstesting, and better value for money.
Just because someone can play video games for hours doesn't mean they're fully engaged the whole time. A gamer might be multitasking, frequently checking their phone, chatting with friends, or intermittently browsing the web. So while it may seem like they have a long attention span because of their ability to play video games for extended periods, the reality may be more nuanced.

Video games are designed to be immersive, dynamic, and often reward-driven. They provide instant gratification, regular challenges, and an ever-changing environment. This is significantly different from activities like reading a book, listening to a lecture, or even having a conversation, which may require a more sustained and less reward-driven focus.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

We grew up in a time when learning to cope with being bored was a skill. This generation are blessed with having so many things to do that they multitask them. The don't have a short attention span they have an intolerance towards boring shit because they have more choice.
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