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November Year-Over Wagering On Races And Purses Available Decrease

Racing fan with betting ticket at Saratoga race Course, NY 7.17.2021

Wagering on U.S. races during the month of November experienced nearly an eight percent decrease and purses also saw a similar decline compared to a year ago, according to information released by Equibase on Friday.

Total wagering of $848,116,672 on races during the month represented a 7.93% decrease over the same period from 2024, while available purses of over $118 million were lower by 7.76%. The figure of over $111 million for paid purses in November was also down by 7.49%. As for the total number of race days, they also decreased from 275 to 248 (-9.82%) and the number of U.S. races was lower from 2,316 in November 2024 to last month's tally of 2,123 (-8.33%).

Average field size in November was up a tick from over a year ago when it was 7.77, and checked in at an average of 7.81 runners–an increase of 0.49%. As for average daily wagering, it increased by 2.10% to $3,419,825, and the average available purse number per race day was up 2.28% to $476,030 from the figure of $465,423 in 2024.

When it comes to the year-to-date figures, through November of 2024 wagering on U.S. races came in at $10.583-billion, while this year the amount is $10.395-billion (-1.78%). Those numbers include worldwide commingled wagering on U.S. races.