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lepper
26-03-2002, 20:19
A few races after 39-year-old Gary Stevens won the $1 million Godolphin Mile and the $2 million Golden Shaheen, 44-year-old Jerry Bailey captured the $6 million Dubai World Cup. Several hours later, 50-year-old Eddie Delahoussaye helped Perfect Drift get by 48-year-old Pat Day on Request For Parole in the Spiral Stakes. It wasn't a great day for 55-year-old Laffit Pincay Jr., who was sixth aboard Desiraes My Candy in the Santa Ana at Santa Anita, but he had his moment six days earlier winning the San Felipe with Medaglia D'Oro. Of course, he may not be the best 3-year-old on the West Coast, an honor that goes to Came Home. He is ridden by 46-year-old Chris McCarron. He's hoping to win this year's Kentucky Derby, something that 40-year-old Jorge Chavez did last year.
Where have all the good young jockeys gone?
The graying of America's elite group of jockeys continues with few replacements in sight. The top eight riders in earnings in 2001 were all 30 or older and four of them (Bailey, Day, Chavez, McCarron) are 40 or older. Apparently, there's no slowing any of them down. Bailey is clearly America's elite rider and Stevens, Day, McCarron and Pincay are all going strong. None are talking of retirement. At 30, John Velazquez is the only rider among the elite in his profession whose best years may still be ahead of him.
The situation is a testament to the abilities of the old fellows. Bailey, Stevens, Day, et. al. remain excellent jockeys, some of the best ever. As long as they continue to ride in top form, there's no need for a new wave of young turks to come along and replace them. At least for now.
Ten years from now is a different story. Bailey, Day, Chavez, Stevens, McCarron, Pincay and Alex Solis, who is 37, could all be retired. Kent Desormeaux will be 42, Velazquez 40 and Edgar Prado 44. There are some jockeys out there now who are going to be able to fill a huge void.
The top candidate is Ramon Dominguez. The 25-year-old kingpin of the Maryland circuit, he led the nation in wins in 2001 with 431 and was tenth in earnings with $10,514,207. He is closely following the path traveled by Edgar Prado, who led the nation in wins while riding in Maryland and then made a successful transition to the New York circuit. They even had the same Maryland agent in Steve Rushing.
"I think he's going to keep ascending and become one of the top riders in the country," said Graham Motion, who uses Dominguez on Kentucky Derby candidate Equality. "He certainly has the ability to do that. He dominates in Maryland and has done so for a long time. He's a lot like Edgar in that he's a classy guy who is very dedicated."
Watch out, as well, for Jeremy Rose. The 22-year-old was the leading apprentice in the country last year while riding in Maryland and at Delaware Park. He hasn't missed a beat since losing his bug and is currently third in the nation in total wins with 78. Tyler Baze is just 19 and is holding his own on the very tough Southern California circuit. Donnie Meche, 27, showed what he can do with a brilliant ride aboard Easyfromthegitgo to just miss in the Louisiana Derby. Both he and his twin brother, Lonnie, are candidates to become elite riders at the Midwest tracks.
Keeneland raises its takeout
It was no surprise that Keeneland rolled back its takeout cuts and will reintroduce a 19 percent take on multiple bets such as the daily double and the exacta at the upcoming spring meet. Nonetheless, it was still a major disappointment.
Through no fault of its own, Keeneland's experiment to cut the take out failed because several simulcast partners, most notably the New York OTBs, declined to take the signal, claiming their profits would decline because of the lower take. That caused handle to fall dramatically at the fall meet, giving Keeneland no other course than to go back to the old system.
As a goodwill gesture to its fans, Keeneland dropped the takeout on its Pick Six wager to an attractively low 12 percent. But that's only going to help the handful of fans who actually hit an occasional Pick Six.
Let's hope that this is only a minor setback for the takeout reduction movement. Anyone who didn't take the Keeneland signal or demanded it pay a smaller fee for the product was guilty of being shortsighted. The NYRA tracks have hit a home run with their own brand of takeout reduction, scoring impressive increases starting with the fall meet at Aqueduct.
Takeout reduction works. It's simple economics. By cutting take, the bettors have more money in their pockets and will increase their betting activity. In the long run everyone will win if this is given a chance. That includes simulcast sights.

Homer J.
02-04-2002, 21:52
ARCADIA, Calif. - Legislation that would increase the takeout in California to help pay for increases in costs for workmen's compensation policies has been discussed by racing officials and could be introduced in Sacramento this month.
The potential legislation was brought up at the California Horse Racing Board meeting on Thursday, with mixed reaction, and was a topic at a meeting of racing officials at Santa Anita on Friday.
"The bill is in the early stages of getting a consensus," Santa Anita president Jack Liebau said at the CHRB meeting. "It has not seen the light of day in Sacramento."
According to several officials, the proposed legislation calls for the takeout to be increased by half of a percentage point. The takeout is the amount deducted from wagers before winnings are paid out. Revenue from takeout is shared by the state government, racetracks, and horsemen through purses.
Currently, California bettors have a takeout rate of 15.43 percent for win, place, and show wagers, and 20.18 percent for other bets. The rates are among the lowest in the country.
The rates trainers pay for workmen's compensation insurance covering jockeys and stable employees increased March 1, when Legion Insurance announced that it no longer would write policies. Trainers whose policies expired in late February had to pay higher rates with State Fund, the only remaining provider.
Other trainers have policies that will expire July 1. There is an urgency among racing officials for some kind of relief by that date.
The potential legislation has the support of the Thoroughbred Owners of California, whose members have been hit with higher training bills because of the new workmen's compensation rates. "I think we will be supportive," said TOC president John Van de Kamp. "It's still in the discussion stage."
The potential bill already has its detractors, including high-ranking CHRB members. "I would be personally against a bill that will increase the takeout," vice-chairman Roger Licht said on Thursday.
Ed Halpern, the executive director of the California Thoroughbred Trainers, said his organization has not taken an official position.
"My view is it's a necessary price rise to deal with the increased cost of doing business," he said.
Van de Kamp said discussions continue with insurance companies that might enter the workmen's compensation market, making the takeout legislation unnecessary.
"There may be others that can offer better rates that State Fund," he said.

hobbes
02-04-2002, 23:20
Legislation that would increase the takeout in California to help pay for increases in costs for workmen's compensation policies ....
what a load of total BS -- my guess would be that any increase in WC costs would only represent a fraction of a .5% increase in takeout. further costs tend to go up all the time so why not increase the takeout anytime the cost of anything goes up.
given there are laws against false advertising i believe similar laws should be enacted against politicians and public servants who lie or deceive the public. a suitable penalty might be a few hours a day in 'stocks' famous in the middle ages ( or was it in the early days of america ? ). :mad: :mad: :mad: