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All those big time owners lose Brodster. They have that many horses and I do remember you pricing how much it cost to run one. It's not a great option to do solo. I always had partners. And just strove to break even. It was just a bit of fun. even the very top of Seymour, Stonewall and even Boots are all probably well behind in harness as far as dollars spent are concerned. , but make/made their money elsewhere. and their investment in harness is getting them some winners recent years for sure. so are having a great time. yes like you , they are intelligent men , and made their money over the years in various ways. Apologies for the miser reference. I'm sure you always invest in what you enjoy. -
By Chief Stipe · Posted
They haven't squandered all of it. They have improved their cash assets from $12m in 2021 to $32m in 2025. -
The Reefton maiden will not lose as much money for the industry than what the slot race will!! Not sure What part of HRNZ can not afford to keep running races at a loss do you not understand? -
Nothing wrong with that. I don't mind the debate with you , and yes things repeat. and it's a vast topic so we're covering plenty of ground. I was just disappointed to see the support (lack thereof) to run the TAB trot , when those great participants were turning up and would be headline Trot News around the Whole world. fantastic. the maiden and any race winners at Weatport , Reefton and Redcliffe and Margate = WON"T. (sadly, but they are just the old participants making a living) To Answer your question in a nutshell again Sustainabilty of the industry relies on these factors. 1 / You need Participants to do the racing. this is fading in NZ because of the age of the fabulous participants. so many have already passed retirement age. 2/ Revenue, you had a gift horse (as did Oz with Ladbrokes and Sportsbet) that want to still take the bets on the sport even though as you accurately say they make the Megabucks from SPORTS Betting. ( I even put my 100 on the footy last night as very limited risk , with only 2 starters. Gold Coast at $1.50 . easier than horses lol 💰🤣 3/ money is gathered from a lot of sources , and allocated each season . there are about 8 sources including sponsors, Shareholders, Benefactors and more. it's quite complicated and I have had several chats with QR leader David Brick ( who bought the Interdominion Back amidst other things) with brilliant efforts and foresight. 4/ Entain WILL NOT let the harness racing collapse. they're only moderately interested , and as Brodie says Sure , the Stake money will / or might have to drop to levels that Victoria or QLD run at , ( with the same amount of horses in race training ) 5/ The economy is tough. People have large rents and mortgages. of course the betting dollar is gunna drop accordingly . you just can't make it the be-all and end all . Slot races actually have Participant funding. This is what we might have to do in future. Pay to Start your horse . Pay an Acceptance Fee. not just get paid petrol money for running last at meetings and that. they should get nothing and try again next time lol.
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Gamma, why would I buy a yearling when the future return is going to be so low? Far from being a miser, invest mega dollars investing!
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