NYCOTB Closing Is Great News

It would seem that NYRA is truly in crisis mode without the handle from NYCOTB. They are chartering buses to funnel OTB players to the Big-A, pressing to overturn laws that prohibit live video and predicting that there may be purse reductions. Even the head of failed NYCOTB went on record to say that " there’s a definite possibility that the Saratoga Race Track will close as a result of the shutdown of OTB". The numbers after one day do not agree with this dire assessment. Instead of true crisis this could be a case of crisis as a means to an ends. It was Hillary Clinton that said "never waste a good crisis". NYRA could be using this "crisis" to accomplish goals which have stagnated in the sea of Albany dysfunction for decades. Beneath all the doom and gloom there may be a light which will be the start of a new paradigm for NYRA. A novus ordum of New York racing that will benefit the long term health of the industry.

Last Thursday 02DEC10 Aqueduct handled a total of $5.6 million including $475,000 on track and $1.3 million at all OTBs within New York state. Attendance was 2101. This week on Thursday 09DEC10 Aqueduct handled a total of $5.2 million with $536,000 on track and $822,361 from in state OTBs. Attendance was 2,704. While handle did drop a total of $416,000 Aqueduct enjoyed increased on-track handle along with more bodies in the plant. Every dollar wagered on track must be worth at least three wagered at OTB. With OTB in bankruptcy there were no guarantees that NYRA would ever see these funds wagered at OTB. With more people at the track converting to NYRA one accounts-- NYRA is gaining market share over the local handle. The fact that on- track handle has increased from last weekis a positive sign and will help NYRA weather the storm of decreased total handle.

A big part of that $416K deficit is that OTB players are still in scrambling mode looking for a place to book their action. This $416,000 deficit will likely close as players find a new home and return to action. The deficit may not be a long term affliction. How could these OTB guys just give up the greatest game so easy? Some will land off-shore, some will land with bookies, others with NYRA one and even with national ADWs like expressbet. When this all settles most of the OTB players will transition into a new vendor; some may even find a new love for the game -or a small profit- without that onerous 6% tax on winning levied by OTB. Of course there are some players -the type that used local OTB as a social club- that will be transitioning into a new hobby. These people will focus their dollars on things like lotto, dominoes or local cockfights. Maybe a few will execrate vice from their lives which is what many of these souls need.


In the end I believe that the primary effect is a livened up Aqueduct. A game with vitality. As a whole horse racing in New York will be better positioned to jettison that hardcore degenerate reputation that effused from the corner OTB like the pervasive smell of smell of rotting rubbish on a sultry summer night. NYRA will gain control over local market share and eliminate a divisive competitor that stifled the simplest initiatives live streaming video. Maybe I can begin to tell people I follow, watch and wager on horse racing without the expected gamblers anonymous hazing. From a holistic point of view the loss of NYCOTB may be just the tonic the game needed here in New York- we should have on-line video soon and the political dog and pony show will be over as racing interests are consolidated.

Blue Screen of Doom

Channel 71 has long been the primary start up channel for my cable box, looks like it is time to pick a new channel. NYC OTB for all of it's industry innovation such as in home simulcasting and telephone accounts has kicked the bucket. The in home simulcasting is one of the great things done in the last thirty years of the game, it has given the serious horseplayer the option of staying home to keep track of the racing card at his or her convenience. It would serve well for the New York Racing Association to take up where NYC OTB left off on the in home feed, lots of NYRA Rewards players wager on the races from their couch because it is easier than going to the plant.

In the absence of a live feed for the racing fans in the five boroughs I suggest signing up for HRTV online, you have to pay for the signal but they offer a live non-delayed signal from the NY tracks. If they ever restore the TV broadcast you have a a way to watch the out of state tracks during the broadcast of the NY card, it is a win-win situation. The link is listed below.

http://www.hrtvlive.com/hrtv/

Aqueduct....Its For Old Guys

NYRA Online Video Banned

Why does live streaming of NYRA video persist in being banned within New York? What is the justification for this law? 17,000 people depend on racing for their livelihood in New York; wouldn't be in everyone's best interest to make racing an accessible, successful product? Wouldn't video of the races promote business; strong business leads to people making an honest living which leads to less welfare and other social afflictions. If racing is banned why aren't other sports like baseball or football banned from the internet?

The ultimate irony is that while video of horse racing is illegal within New York other perversions -including video of crushing animals to death-are protected as "free speech". On the federal level the supreme court ruled that watching small animals being murdered with high heel shoes is protected by freedom of expression-- yet in the same country watching a horse race in the home is prohibited. What a disordered system-completely divorced from all forms of reason- democracy can be. It is no wonder that this regressive system of government died in 3rd century B.C. Greece only to be resurrected 2,000 years later in the new world.

Now with NYC OTB out of the way Albany must abolish the law that bans the streaming video of NYRA horse racing in New York. With few places to watch horse racing around New York City- racing is a game depending on fans watching and wagering from home. It is also a game built for the internet. The state must clear the artificial barriers that prevent racing from realizing it's potential as a web 2.0 product. The increased betting handle generated by streaming video may help close the multi-billion dollar deficit in New York- that is if they are truly interested in closing that deficit instead of fattening the bulge in their pockets.

NYC OTB Shuts Down

NYC OTB Ceases operations

Unfortunately this afternoon, the NYS Senate chose not to pass the bill passed by the Assembly that would have saved NYC OTB. Therefore, due to a lack of unrestricted funds to continue in business, NYC OTB will be ceasing all pari-mutuel wagering operations today, Tuesday, December 7, 2010 as per our Board of Directors vote, and will proceed to the orderly winding down of its business affairs.

Three branches will remain open in Queens, Brooklyn and Manhattan for six calendar days after the last day of operations so that customers can cash tickets/vouchers and make account withdrawals. Thereafter, these transactions can be conducted at NYCOTB’s customer service center located at 1501 Broadway in Manhattan for up to six weeks. The locations that will remain open temporarily are:

107-40 QUEENS BLVD, FOREST HILLS, NYCross Street- Continental Ave
515 SEVENTH AVE, NEW YORK, NYCross Street- West 38th Street
6719 BAY PARKWAY, BROOKLYN, NYCross Street-West 8th Street

The hours of operation will be from 12:00 p.m. to 8:00 p.m. on the six calendar days following the last day of operations.

The corporation's website, www.nycotb.com will be updated constantly to keep our customer abreast of all events.

The body isn't even cold yet!

Two advertisements from the NYRA website:

This one was before the main page appears on Sunday.

NYRA Rewards had this one going on Saturday on its login page, didn't check on Sunday.

Special Woodbine Pick 3

Saturday 04DEC10
Woodbine Race 9... the Ontario Lassie
It was hard not to be impressed by #3 Inglorious last out. This one broke last in a short field- found herself at the back of the pack yet rallied impressively to score. This was a first out stakes win not a maiden special weight. The win pool I fear will be short on this filly so lets work the pick 3s surrounding inglorious.

Race 7 pick 3... 4,6,8,10 / 4,8,10,12 / 3

Race 9 pick 3... 3 / ALL / 6,14

The Clear Solution To The OTB Drama

Why does the state continue on with the OTB charade? Not only are they losing money on this operation but they are blighting the sport they have a responsibility to promote. The state is taking an entirely wrong headed approach to off track wagering. These bureaucrats and race hustlers like Hazel Dukes have no business running wagering operations and have consistently placed a loser in the race. Instead of letting OTB die it should be turned over to private businessmen-- people who know how to run an operation. OTB could be a winner for both the industry and the customer. For too long the decrepit and poorly run OTB parlors have given horse racing in New York a reputation that is just a smidgen better than cock fights, brothels or crackhouses. The right operator could resurrect the reputation of horse racing while reintroducing class to the greatest game. There are more options than to close; the problem is not the product it is the operator. If the government does not have the people or ability to run a horse book it should be turned over to the people that have that ability. Certainly there are people out there that can turn this into a winner. Why aren't these options being discussed?


The state should issue franchises to private operators to run bet parlors like they do in the British isles. The unprofitable parlors should be closed and the profitable units could be optimized to maximize profits. New York is not middle America-the local men like horse racing and not TV college sports or tractor pulls. It may not be a fashionable market and it may not be the same market that has supported the 5,000 Starbucks that have opened up in New York over the last ten years but there still is a working class niche for OTB. For a talking class that likes to talk about diversity it seems like pari-mutual wagering does not fit into grand mosaic of Starbucks, Target, Whole Foods and Starbucks that New York has become.

My relatives could run a bet parlor and it all starts with some basic customer service. The right operator is kind enough to offer the patron a beverage and a lunch box along with your exacta box. OTB never could get this right. The right kind of OTB would offer patrons something like "powers cap's play of the day" to ensure they are winners and not part of the masses of loser cappers.

This is not the time to just close OTB, we can not leave all the dedicated handicappers of OTB out in the street. Yet this is what Albany is doing, it is like if their patronage mill can't succeed, there are no other options. Since the media does not discuss any other options no other options are discussed while the best option -private franchise ownership- is never discussed.

The patrons of OTB have lived with a 6% rake on winnings yet have persisted to make NYC OTB the largest bet taker in the United States -if that is not dedication I don't know what is- making them some of the most prized and dedicated customers in the world. We can not just leave these OTB patrons to find new hobbies. It is time to transition into a private owner-- one who will take care of the customer and grow the sport of racing. Let the local people run it; a great choice would be a local operator who knows how to do gambling right. The people from DRF or NYRA may be a good place to start. The wrong people have been running OTB and it shows. To just let the largest parimutuel operation in the country die would be a waste of a resource.