2 year old bonus

[the galah]

the latest bit in the news segment on the hrnz has a story headlined

"2 year old bonus (the $12,000 ones)delivered on increasing opportunities"

you've have to give m peden credit for that headline.

yes the bonuses failed to get breeders to breed more horsesor or get any more horses starting,continually had small field sizes,but hey...guess what...they did deliver on increasing opportunities for people to race their 2 year olds for a bonus.

i'm not sure i would want to buy a used car off him,but points for finding a positive to spin that anyway.

then it says,having achieved its objectives(lets not let the truth get in the way with that bit),the scheme is coming to a close this year.

what does that mean.

does it mean the 2 years the bonuses that existed to encourage people to breed their mares,will never reward anyone who bred on the understanding they would have an opportunity to race for the $12,000 bonus. In other words it rewarded those who had bred before the bonuses were introduced, who would not have been aware of the bonus when they bred,but didn't reward those who bred thinking they may get one.

It sounds a bit like all those rather naive breeders who bred to a nz based sire, thinking they would get to race for bonuses,only to see them cancelled before they had a chance as well.

oh well,at least todays story indicates hrnz have made a decision that made sense,even if they took a long time to work it out .

Edited 4 hours ago by the galah

[Brodie]

3 hours ago, the galah said:

the latest bit in the news segment on the hrnz has a story headlined

"2 year old bonus (the $12,000 ones)delivered on increasing opportunities"

you've have to give m peden credit for that headline.

yes the bonuses failed to get breeders to breed more horsesor or get any more horses starting,continually had small field sizes,but hey...guess what...they did deliver on increasing opportunities for people to race their 2 year olds for a bonus.

i'm not sure i would want to buy a used car off him,but points for finding a positive to spin that anyway.

then it says,having achieved its objectives(lets not let the truth get in the way with that bit),the scheme is coming to a close this year.

what does that mean.

does it mean the 2 years the bonuses that existed to encourage people to breed their mares,will never reward anyone who bred on the understanding they would have an opportunity to race for the $12,000 bonus. In other words it rewarded those who had bred before the bonuses were introduced, who would not have been aware of the bonus when they bred,but didn't reward those who bred thinking they may get one.

It sounds a bit like all those rather naive breeders who bred to a nz based sire, thinking they would get to race for bonuses,only to see them cancelled before they had a chance as well.

oh well,at least todays story indicates hrnz have made a decision that made sense,even if they took a long time to work it out .

Good to see that they are finishing with the 12k 2 year old bonus, as it has not done what it was meant to do, but then who would've thought?

It is long overdue for HRNZ to actually become financially frugal, but then it is probably too late, but we will see!

I believe that there are a lot that derive their income from harness racing still believing that everything is Ok as this is what has come from HRNZ!

Chucking around Entain money just because it was there is not s business plan that was ever going to work medium term.

There is going to need to be a helluva lot of belt tightening from many parties for it to be able to sustain the industry in the next decade.

Punters and ownership needs to be encouraged.