Don't see any leader bias myself. Tempo and ability are the key factors, same as most tracks.
You should go next year then come back and share your opinion.
Was that 2001? Only time I ever took a horse there. There were two helicopters but it was a hopeless task. I think they'd spread coal dust on the track. A bit of rain on that and it was a skating rink.
That's the tradeoff in any business isn't it? Lower prices and tighter margins increase sales whereas higher margins and prices reduce sales. You have to find the sweetspot that maximises revenue.
Last time I did an OIA on FOB margins, they had ranged from 2+% of turnover annually to 12% over a 4 year period.
If you double turnover and halve margins you are no better off. Probably worse because of the costs of doing the extra turnover.
Loaf of bread with a $2 margin is no better than two loaves with a $1 margin
Probably not but it will increase turnover by the amount of the bonus bet and not increase revenue.
Of course. But it's revenue that remains the key measure.
Yep. A bonus bet is customer money that contributes to turnover though the money is effectively a rebate on a previous bet, so while increasing turnover, directly, it reduces revenue.
I can say that I chose not to go to Riccarton recently to even watch my own horse race at a major meeting. Preferred to stay home and watch, like you say have a beer and a ciggy, but most important watch with who I wanted to and actually have better vision of the race live.
More useful data in relation to this discussion would be how many of those were introduced to racing in their younger years? Presumably that was researched before decisions reducing opportunity for this were reached.
True for current business, however historically at least, haven't those picnic/family oriented meetings been a way that the next generation become interested in and excited about racing?
It is straightforward. What was he thinking?
310 (1) No person acting as a Starter or Starter's Assistant or Judge or Judge's Assistant or duly
appointed substitute therefore either as a Paid Official or in an honorary capacity shall:-
(a) officiate at any race meeting at which there is competing any horse in the ownership of
which he is directly or indirectly interested unless he has the prior consent of the
Stipendiary Steward; or
(b) bet or be interested in any wager or bet on any race at any race meeting where he is
officiating.
Don't think it makes any difference. If they want to fund a well being programme, the money will be taken out of funding before stakes are allocated anyway. That seems a more logical way of doing it rather than advertising stakes of $x then actually paying $x - 5%.