Modeling the Determinants of Handle: An Analysis of Woodbine Thoroughbred Racing Data

Using data for 1,515 races over 165 race days from the 2011 Thoroughbred racing season at the Woodbine Racetrack, variability in all sources handle per race was explained as a function of field size, field quality and race conditions, race distance, surface, weather, and an array of seasonality control variables