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Racing and trotting Record betting again at Addington this season

By

G. K. YULE

lotalisator betting on 1 the 26 meetings run atf Addington Raceway L this season reached; record proportions ofp 823,101.027, compared i, with $21,247,234 for 25 i meetings during the: previous 12 months. j) In addition. betting on! 1 T A B trebles at meetings of 1 the three clubs amounted to! 1 $4,117,238. : . All three clubs recorded successful seasons, although on-course betting was 1 affected by adverse weather ! in the spring and late 1 autumn. i The Metropolitan Club was ' granted an extra permit fot ' the Royal meeting on March 3 and raced 14 times this 1 season. ; _On-course betting rose to I $5.097.199, and averaged at 1 .8399.799, compared with $394,151 for the previous i season. j

: The off-pourse total was ’58,037,434, an average of] $574,102. compared with $542,996. Betting on the 14 meetings totalled $13,634,633. an average of $973,902, against; $937,148. All previous records for a i trotting meeting in New Zealand were broken on New iZealand Cup day when on|course investments totalled $973,625. Off-course betting (that day was also a record. 1 totalling $895,144.75, while ithe grand total was $1,868,769.75. The Canterbury Park and New Brighton Clubs both held six meetings during the season. On-course, there was little difference between the two clubs, but Canterbury Park had a decided advantage off-course. The Canterbury Park club averaged $315,852 on-course, against $314,860, while New Brighton averaged $315,215, compared with $292,458. Off-course, Canterbury Park averaged $503,233, against $454,846, while New

1 Brighton averaged $443,430, 'Jagainst $448,552. 1 ; New Brighton had a record I combined total of $872,383.50 ’at its meeting on February 1 j 19, while it had a record on--1 course turnover of $366,363 at its Miracle Mile meeting 1 in December. Canterbury Park also had a record on-course turnover . during the season when the 1 total reached $386,718 on 1 January 1 last. The on-course total for the ‘ three clubs was $9,383,608, ’ against $8,767,879, while the off-course total was I $13,717,419 against i $l2 479.355. : The T.A.B. ran trebles on i all but the Easter Saturday i meeting of the Metropolitan ’ club and these totalled ) $2,239,991. T.A.B. trebles at meetings 1 of the New Brighton club • amounted to $883,409, while ’ they totalled $993,838 at ■ meetings of the Canterbury Park club. Stakes distributed at the , 26 meetings amounted to ■ $854,366. against $708,953.

.Sponsorship and payments ; from the stakes subsidy! fl scheme of the Racing’ j Authority amounted to J $69,711, compared with .j $56,700. jI The Metropolitan club i ] gave $543,833 in stakes — lan average of $38,845 a day, I!compared with $437,635, an r, average of $33,664. 31 Sponsorship and the )! stakes subsidy scheme accounted for $38,840 of the] ri total, compared with! ,j $25,325. L The Canterbury Park club > I paid $157,508, an average of t| $26,251, compared with I $137,675, an average of 1 $22,945. The club received ' $13,700 from sponsorship ’ and the stakes subsidy 1 scheme, against $9550. New Brighton’s total ’ stakes were $153,025, an 3 average of $25,504, against t $133,643, an average of ' $22,273. Sponsorship and s the stakes subsidy scheme j accounted for $17,171, . against $21,825.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19770601.2.169

Bibliographic details

Press, 1 June 1977, Page 21

Word Count
527

Racing and trotting Record betting again at Addington this season Press, 1 June 1977, Page 21

Racing and trotting Record betting again at Addington this season Press, 1 June 1977, Page 21

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