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Bit Of A Yarn

Why not postpone Taranaki Cup day to Sunday?


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3 hours ago, Doomed said:

Also, there is only one gallops day during a five day period. Punters were promised four days off after the excitement of Karaka.

With all the Public holidays around of late it a very good time to allow a couple of days breather , certainly a big week coming up. 

Plus the TAB will have a full menu of options available for Kiwis to bet on .

The amazing TAB staff who drag themselves from meeting to meeting in all weather deserve a few days off .

The$9 mill bet on Karaka day certainly will cover a few of the Waikouaiti , Wairoa and Tapanui days you continually  pine over ! Less could be better at end of day. The good old days we yearn for had racing on Saturdays and Public holidays only with the odd week day !

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5 hours ago, TAB For Ever said:

With all the Public holidays around of late it a very good time to allow a couple of days breather , certainly a big week coming up. 

Plus the TAB will have a full menu of options available for Kiwis to bet on .

The amazing TAB staff who drag themselves from meeting to meeting in all weather deserve a few days off .

The$9 mill bet on Karaka day certainly will cover a few of the Waikouaiti , Wairoa and Tapanui days you continually  pine over ! Less could be better at end of day. The good old days we yearn for had racing on Saturdays and Public holidays only with the odd week day !

Karaka is still the biggest loss day of the season for The TAB given the massive stakes put up and the return on investment.

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53 minutes ago, Bloke said:

Karaka is still the biggest loss day of the season for The TAB given the massive stakes put up and the return on investment.

Don't most meetings lose money ?

Have you the individual figure for any meetings on any particular day ?

Can you give us a peep at some ?

Do you add anything for any intangibles and  any future benefits that arise from the days with the big stakes ?

Thanks in advance .

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6 hours ago, Bill said:

Because there is harness racing tomorrow at Hawera and the TAB cannot service both venues in that area with their logistics eg Broadcasting 

But they can service more than one meeting on the same day in the North Island.  So what is the key constraint in Taranaki?

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16 hours ago, TAB For Ever said:

Don't most meetings lose money ?

Have you the individual figure for any meetings on any particular day ?

Can you give us a peep at some ?

Do you add anything for any intangibles and  any future benefits that arise from the days with the big stakes ?

Thanks in advance .

If you look at the Karaka Meeting, there was $9M bet. Let's say the TAB takes out 20% which = $1.8M.

Total Stakes were $4.5M of which I believe NZ Bloodstock contributed $1M for their sweepstake race(s). So net stakes provided by NZTR / TAB were $3.5M.

Income was $1.8M outgoings $3.5M results in a deficit of $1.7M. I cannot think of another meeting that would generate a deficit such as this amount.

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16 hours ago, Chief Stipe said:

But they can service more than one meeting on the same day in the North Island.  So what is the key constraint in Taranaki?

They only have 4 broadcast trucks - 2 north island and 2 south island.

Greyhound venues run off a total different system from an centralized model.

https://www.proavl-asia.com/details/63254-sony-is-off-to-the-races-with-nzrb

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I sat at a meeting once where we were told that racing couldn't be broadcast out of some venues, Ruakaka was one, due to the cost of something to do with the satellite required.  The cost was a few million dollars which NZTR and/or the TAB weren't prepared to pay.

Just like the Outside Broadcast trucks, why would a multi billion dollar industry not invest into maintaining and improving the "product"?  Somebody has this all wrong when you look at where money is spent.

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1 hour ago, Bill said:

Well you don’t get much change out of $20-15mil for a tv truck one would guess

Then why all the kafuffle with the requirement to have very high speed broadband?

You don't need a $20m broadcast track to broadcast a dog meeting.

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1 hour ago, Chief Stipe said:

Then why all the kafuffle with the requirement to have very high speed broadband?

You don't need a $20m broadcast track to broadcast a dog meeting.

They are not for dog meetings. Separate system for those according the article above.

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3 hours ago, Special Agent said:

I sat at a meeting once where we were told that racing couldn't be broadcast out of some venues, Ruakaka was one, due to the cost of something to do with the satellite required.  The cost was a few million dollars which NZTR and/or the TAB weren't prepared to pay.

Just like the Outside Broadcast trucks, why would a multi billion dollar industry not invest into maintaining and improving the "product"?  Somebody has this all wrong when you look at where money is spent.

Just another one of those 'never mentioned costs' that is ignored when talking about how servicing some of the goat tracks around the country in places few people live in or want to go to !

My work colleagues tell of the time the TAB truck overshot a little known town with nothing in it ...got 30 min up road before turning around !

More trucks could mean more race days but does current NZ betting trends and horse numbers justify them ?

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11 hours ago, Bloke said:

If you look at the Karaka Meeting, there was $9M bet. Let's say the TAB takes out 20% which = $1.8M.

Total Stakes were $4.5M of which I believe NZ Bloodstock contributed $1M for their sweepstake race(s). So net stakes provided by NZTR / TAB were $3.5M.

Income was $1.8M outgoings $3.5M results in a deficit of $1.7M. I cannot think of another meeting that would generate a deficit such as this amount.

Thanks for reply.

But seems bit of a simplification .....the future of the Industry  overall  would appear to depend on Owners....they need stakes that justify the investment in horses .....AND Wagering  and the punter wants consistent tracks etc as wellas good  horses and jockeys to bet on !

Group races and the Iconic racedays like Karaka day clearly attract more betting and more likely to attract young punters with money ,introduce new people to Racing and recusitate lapsed punters . Clearly Karaka did that . The BGP room of 850 did more on course turnover than what is considered from a good crowd at a holiday picnic crowd of several thousand. And that not includes the BGP TAB betting fund which exceeded total T/O of many Country meetings !

So the money spent on Karaka Day was very well spent IMO, got racing back on main TV news and start of a new future. Replicate that 4 or 5 more times in next 12 months and things on the improve. Melbourne Cup does it every year and no stakes paid out for that !

My work colleagues point out that the TAB doesn't directly pay the Karaka day stakes..... it pays thru NZTR and codes who pay the Clubs based on their type of raceday and races. As above Group races and Iconic races receive higher amounts and the Club can boost this should they require. Some do ,including Ellerslie ,who collect thru nomination/acceptance fees.

The Karaka races have the sweepstake factor which comes in a NZB sponsorship.

These sweepstake fees and acceptance fees are not peanuts ...I believe it was $25 k to accept for the new 4 yr old million dollar race last week.Paying back to 10th gives most owners a bit back .

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On 4/02/2024 at 11:41 PM, TAB For Ever said:

Thanks for reply.

But seems bit of a simplification .....the future of the Industry  overall  would appear to depend on Owners....they need stakes that justify the investment in horses .....AND Wagering  and the punter wants consistent tracks etc as wellas good  horses and jockeys to bet on !

Group races and the Iconic racedays like Karaka day clearly attract more betting and more likely to attract young punters with money ,introduce new people to Racing and recusitate lapsed punters . Clearly Karaka did that . The BGP room of 850 did more on course turnover than what is considered from a good crowd at a holiday picnic crowd of several thousand. And that not includes the BGP TAB betting fund which exceeded total T/O of many Country meetings !

So the money spent on Karaka Day was very well spent IMO, got racing back on main TV news and start of a new future. Replicate that 4 or 5 more times in next 12 months and things on the improve. Melbourne Cup does it every year and no stakes paid out for that !

My work colleagues point out that the TAB doesn't directly pay the Karaka day stakes..... it pays thru NZTR and codes who pay the Clubs based on their type of raceday and races. As above Group races and Iconic races receive higher amounts and the Club can boost this should they require. Some do ,including Ellerslie ,who collect thru nomination/acceptance fees.

The Karaka races have the sweepstake factor which comes in a NZB sponsorship.

These sweepstake fees and acceptance fees are not peanuts ...I believe it was $25 k to accept for the new 4 yr old million dollar race last week.Paying back to 10th gives most owners a bit back .

I have just spent a few days over the Wairarapa which included staying in the Camping Ground at Tauherenikau the night before and the night of the races. Thay had a crowd of 10k only 2k less than the supposed biggest race day of the year and I am told that on and off course turnover combined on their Waitangi Day meet was $2m with only stakes of $230k odd.

Many other clubs have tried and given up on Waitangi Day so it seems that only Tauherenikau can make a success of that day. On 2 January they had a crowd of 15k which surely must be the biggest of the year.  Clubs such as Wellington could learn a lot from Tauherenikau but no doubt their committee, wearing their suits and badges stuck in the Committee room at Trentham, drinking free grog would look down their noses at Tauherenikau while they slap each other's back, boasting about what great club they are.

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