Quote:
Originally Posted by freddymo
Cannon Shell basically said it all earlier in the thread. Most of the horses didnt meet their reserve. In the past the RNA levels weren't as steep. Plus would imagine people lowered there RNA's to adjust to market conditions and even that didn't help..
Yes its a gamble the machine is just paying off less dollars to fewer players so the gamble isn't as lucrative.
But as Chuck has said the prices are cheaper so racing is starting to become more approachable..I guess
|
There just arent that many new people to replace the owners lost that play at the high levels. I was referring to yearlings which are close to 50% cheaper as a whole than they were 2 years ago.