Tough times continue at Turfway Park

Horseracing Betting Lines

07/07/2010 - Florence, KY (Sportsbook Betting Lines) - In an effort to maintain daily purses equal to last year's, Turfway Park president Robert N. Elliston announced Wednesday that the track has asked the Kentucky Horse Racing Commission to approve a request to cut four Wednesday cards and all but one stakes race from the 2010 Fall Meet.

"We were forced to make deep cuts to at least stay even with last fall's daily purse averages and support our local horsemen as best we can," said Elliston. "We have to do whatever we can to maximize our field size, which means fewer race dates. And we are not alone. Churchill Downs ran four days instead of five except for (Kentucky) Derby week during their spring meet, and their average field size fell below eight. Keeneland cut more than $1 million from its fall meet purse structure and dropped two graded stakes. Except for Labor Day weekend, Ellis Park is racing only three days a week. Meanwhile, Indiana Downs just increased their purses by 30 percent and last month, on an ordinary Wednesday card, set a track wagering record."

Turfway is requesting to run Thursdays through Sundays from September 9 through October 3, a total of 16 days as opposed to last year's 20.

The lone stakes race to remain on the schedule will be the $100,000 Turfway Park Fall Championship at 1 1/2-miles, a Breeders' Cup Challenge race.

Eliminated from the schedule are the three Kentucky Cup Day of Champions races; $200,000 Kentucky Cup Classic, $100,000 Kentucky Cup Distaff and $100,000 Kentucky Cup Sprint.

"We are especially disappointed to have to drop the Kentucky Cup Day of Champions," Elliston continued. "Great horses came from all over for those races, and they've had a significant impact on the Breeders' Cup. If the state legislature allows us to level the playing field with surrounding states that enhance their purses with gaming revenue, the Kentucky Cup would be high on the list of races we would restore."

Additionally, Turfway has asked permission to move its Fall Meet post-time on Thursday and Friday up 90 minutes to 5:30 p.m. (et).

The Kentucky Horse Racing Commission is scheduled to consider the request at the group's next meeting on Tuesday, July 20.

Turfway Park is the home of the $500,000 Lane's End Stakes, a major prep race for the Kentucky Derby.

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MySportsbook.com: New College Football Clock Rules Examined

Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.

"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."

Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)

According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.

As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).

Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.

Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at

17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.

*UPDATE* - Sept. 25, 2007

New Clock Rules Boon for online bookmakers

By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.

"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."

While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."

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