I’m just curious if folks think that in the next few years we’ll see a significant upswing in the amount of money wagered on Steeplechasing?
As has been noted in other threads the legislative code in Virginia (now) allows for limited wagering at chasing events that had been absent before. That was just tested with the 2013 Virginia Gold Cup on Derby Day. Around $80k was wagered in total for the days racing which is pretty good considering - it was new, lightly advertised/marketed, no off-site wager money could come in, and no wagering of events off site (e.g. Kentucky Derby)
And now NJ with the Far Hills event (Oct. 19 will mark the 93rd running) will have wagering too - if the Governor signs the bill:
"The bill authorizes the commission to grant a special permit to conduct a steeplechase race meeting at a location other than a racetrack, provided that the special steeplechase race meeting is conducted in conjunction with an organization that has experience conducting steeplechase races and provided that the special steeplechase race meeting is recognized by the National Steeplechase and Hunt Association. "
All good news although off set by other locations that have wagering on chasing being modest in the results.
PARX on June 25 has chasing as their 7th race with 12 runners although just around $45k was wagered.
Fair Hills, MD on May 25, 2013 had a 6 races to wager on and the total handle was about $79k.
Saratoga feeds more money into the NSA races but its always lacked the interest that even $30k claiming races get at Spa.