U.S. Wagering, Starts Down While Field Size Steady

August 8, 2023

The Chosen Vron (#4) battling for the victory in the Grade 1 Bing Crosby at Del Mar. (Ernie Belmonte/Past The Wire)

Equibase Release

Wagering on U.S. Races was down almost seven percent comparing July 2022 and July 2023. Handle was down over three and a half percent year-to-date. 

Field size remains steady at an average of seven entries. However, the number of starts is down almost five percent compared to July 2022 and just under two percent year-to-date.

Thoroughbred Racing Economic Indicators

For July 2023

July 2023 vs. July 2022
IndicatorJuly 2023July 2022% Change
Wagering on U.S. Races*$1,067,688,807$1,144,093,082-6.68%
U.S. Purses (Available)$123,332,940$124,707,637-1.10%
U.S. Purses (Paid)$117,565,157$120,554,125-2.48%
U.S. Race Days423453-6.62%
U.S. Races3,3163,535-6.20%
U.S. Starts23,37224,524-4.70%
Average Field Size7.056.94+1.60%
Average Wagering Per Race Day$2,524,087$2,525,592-0.06%
Average Available Purses Per Race Day$291,567$266,124+9.56%
YTD 2023 vs. YTD 2022
IndicatorYTD 2023YTD 2022% Change
Wagering on U.S. Races*$7,142,167,324$7,406,712,307-3.57%
U.S. Purses (Available)$722,130,308$713,435,900+1.22%
U.S. Purses (Paid)$693,924,397$687,611,733+0.92%
U.S. Race Days2,2842,382-4.11%
U.S. Races18,73019,405-3.48%
U.S. Starts137,177139,538-1.69%
Average Field Size7.327.19+1.85%
Average Wagering Per Race Day$3,127,043$3,109,451+0.57%
Average Available Purses Per Race Day$316,169$288,670+9.53%

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

Amazing pre race analysis Jonathan. Kudos to you and I look forward to your future seminar. As soon as my long time buddy lan said you were close friends I knew I had to check out PTW.

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