Statistics meeting international 77standards
Racing secretary Denzil Miller says there is growth in certain key areas
CAYMANAS Track Limited (CTL) is reporting that last year's racing season saw an improvement in their statistical performance growing in several key areas, thereby bringing it in line with recognised international standards especially in North America.
"We are happy to say that in our payout analysis, the average winning odds, which was very lucrative to fans during 2013, was 4.25 to one," racing secretary at CTL Denzil Miller revealed at a recent Jamaica Observer Press Club gathering
Miller informed that the win percentage of favourites at Caymanas Park now stands at 40 per cent, which is in close proximity to figures in North America, and which represents an increase of about two percentage points on previous years. Further he stated: "The favourites that are actually in the money...that is first through third, punters have 73 per cent of those horses returning a dividend to their investment. That is in keeping with international figures."
The chief horseman at CTL believes that the 2013 racing year was most competitive and made reference to a number of pluses to validate his point.
"On the track in 2013, the racing product proved to be very exciting. We had the three-year-old programme which ended up with some nail-biting finishes in the 1000 and 2000 Guineas, then there was the Governor's Cup, and of course our derby winner Perfect Neighbour who will go down in history as losing the Triple Crown by the shortest of margins. Then there was St Cecelia and her achievement in establishing the record for winning the most consecutive races, and at the back-end of the season came Princess Popstar whose performances really ignited racing fans," Miller said.
Referring to the condition of the racetrack, the racing secretary said throughout the year (2103) there were constant upgrades which kept the racing surface in good condition. He gave the commitment that a major surface improvement initiative will be undertaken soon.
"In another month or so we will be adding about 450 cubic yards of material to the racing surface just to keep it going and make it a bit more bouncy so that horses can enjoy it and, of course, to lessen the number of injuries," Miller offered.