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Otago Racing Club @ Wingatui, Sunday 1 June 2025
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Otago Racing Club @ Wingatui, Friday 23 May 2025
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Was this post bought to us by "the lowest form of wit" ? -
its just what he said on another channel. barry lichter wrote an aricle about the club in november 2023. i just had a look agian. he reported in 2023 they has an operating deficit of $733,138,but hey,after depreciation was factored in they only lost $491,970.Chump change really. He reported that year HRNZ had given them a loan of $740,000 and members chipped in $220,000,to keep the club operating. but the good news was,they were going to raise a few million from the sale of 34 sections. but they couldn't sell the sections until they built a new stable block. I guess that meant the current stables were on the land being sold. so that was 2023. I can't find anything about 2024 and whether their optimism came to fruition,which seems a bit odd. But lets look at the positives.since 2023. Their flagship,the Race,which drained their coffers in 2023,instead drained hrnz coffers in 2024,with Hrnz contributing $150,000 to that one slot race... what a relief,it would have been embarrasing to think cambridge were forced to run a slot race thatdidn't cripple them financially. after all,Those aussie millionaires need to have some spare cash to spend on their way home after they won our races.. and just up the road is auckland,and they're only a phone call away with some advice about how to get out of debt.ah hang on,they may not be the best people to take advice from.No instead they should ring hrnz,they tell us everything is rosey,so they must be doing a great job,so get their advice. Oh,and lets never forget this factor in their favour. This is very important. You here it parroted by all the time.Hamilton,just 20 minutes down the road,have the fourth largest popualtion in nz. I mean ,just look at how well auckland is doing and of course theres cities like wellington,dunedin,tauranga,whcih like hamilton ,all with population numbers in the top 6 cities in nz .Its going great for them Hang on,all those cities closed down harness racing. How did hrnz let that happen with all those people there?.No wrong example,lets think. Ah auckland,thats the one,its doing great as it has a huge population.Thank goodness for the large popualtion base. Oh and cambridge,forever the optimists(maybe thats a north island thing),said in 2023 they were budgeting on turning around that bad year,seemingly by a million dollars in 2024,as they were budgeting on a $218,000 profit. Having read that,i'm going to give them a ring and get the contact details of their numbers man,as i could do with a turnaround in my finances like that. Oh,and cambridge not only had a quick whip around that year amongst hrnz and its members,it also passed the hat to the tab who chipped in $793,000 from a rejuvination fund they dish money out from.Miserly bugga's as the tab had $15 million set aside to dish out to clubs.Seems cambridge were going to spend that wisely,with $393,000 planned to spent on a new in field indicator board. I'm sure the people in the packed stands will appreciate that. Oh,and heres another reason they stated,was going to change for the better in 2023. Seems they lost income form the greyhounds not being run for 5 months of 2023. Thank goodness they have that income to fall back on in years to come. Whats that,they don't,scrub that. oh dear,i need to stop now.My sarcasm is even becoming too much for myself. Its just there is so much material to pick from. Anyways,i think the picture that i have painted,whcih i drew based on barry lichters article of 18 months ago,indicates ,well what chris wood has said on the other channel may in fact be true. His comments were,and about time. but then again,who really knows. mr steele has assured us all is going just fine and everything is fine and dandy. -
Chris Wood is a galloping trainer but you are right he is from Cambridge. It can not be true surely, as Brad Steele advised us all that things were all positive? Most of the TAB tote pools tonight were shockingly small but that isnt any worry as turnover is increasing apparently? -
very interesting that the NZ TAB supposedly accepted a $40k bet on Captains Secret on race 7 at Auckland tonight! Wondering is this actually legit when they have previously been so risk averse and very hard to get much on, and they think that $1k is a big bet. you would wonder who approved it when it was a Telfer horse, and they are going so well? It was $40k @ 3.20 or close to that and someone was in the know! Anyway great to see the NZ TAB accepting such bets and now we can obviously look forward to them allowing all the restricted punters on for amounts more than they have been previously.
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I probably should have phrased it as never having had a bet. I think it may have been John Allen.
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