Horse Racing
Assiniboia Downs bettors put their money where their mount is
6 minute read 8:39 PM CDTYou could tell Assiniboia Downs was having a great season by the size of the wagering pools and the constantly growing crowds, but we certainly didn’t expect them to shatter their previous wagering record by a whopping $12 million.
Fans wagered an unprecedented total of $75.2 million on the live racing this season, which ended Wednesday, bettering the previous mark of $63.2 million set in 2020. Average wagering per card was $1.5 million, and wagering was up 21.16 per cent over the previous season.
One of the major reasons for the increase in wagering was the track’s strategic move over the past few years to reduce all takeouts on wagers to below 20 per cent, something that is very rare at North American tracks for obvious reasons, but it results in higher payoffs and puts more money back in the pockets of bettors.
The reduced takeout was a long-term play, and it absolutely worked. Kudos to Assiniboia Downs CEO Darren Dunn, VP of Finance and Gaming Sharon Gulyas and their management team for thinking well ahead of the curve. All the staff deserve a pat on the back this year for their excellent customer service, both on the betting side and in the food and beverage area. The nightly prime rib buffet was almost always sold out, and the newly minted Girls Night Out on Wednesday evenings turned out to be a huge hit among the ladies, with fancy hats and outfits everywhere.
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