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On Track With Horserace Gambling

Horseracing desperately needs a hero. So with Seabiscuit long dead and a year removed from the multiplex, Smarty Jones couldn’t have come along at a better time. If the undefeated chestnut colt rides to victory in tomorrow’s Belmont Stakes, thereby becoming the first horse to win the Triple Crown in more than a quarter century, the beleaguered sport will get a vital shot in the arm. But will a Triple Crown winner be enough to revitalize horseracing, as some are predicting? Probably not. After all, in the age of short attention spans and hundreds of cable channels, just when the magnitude of a Triple Crown victory should be sinking in with Americans, they’ll be tuning into the NBA Finals or the latest reality show.

But that’s why, should Smarty Jones win on Saturday, what he does next will be so important–because the colt’s owners, Roy and Pat Chapman, have pledged that rather than retire Smarty and consign him to the breeding shed, as is the current trend in the sport, they’ll continue to race him. And if that happens, then Smarty Jones really could save horseracing.

Divining the reasons for horseracing’s rapid decline in popularity in the United States–in the late 1970s, racetrack attendance here was around 79 million a year; in 1998 it was a mere 38 million–is a favorite parlor game among sportswriters, academics, and people in the horse business. Some blame the aforementioned short attention spans of Americans. Others point the finger at the proliferation of other forms of gambling: Once upon a time, horseracing was the only game in town; now gamblers can play state lotteries or visit casinos.

Read the entire article at: The New Republic Online 

2004 Online Casino News Archive

 

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