Bit Of A Yarn

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Posted (edited)

Yet 2 races have 20 or more noms, don't mean they will all front but in a area without an abundance of raceday surely some consideration for adding a race or two to the 8 only scheduled, or is that only for some areas only?

Edited by mikeynz
  • mikeynz changed the title to Southland, 12 starter limits.
  • 2 weeks later...
Posted

This is totally ridiculous. I've come from the United Kingdom and racing administrators would be hanged in the town square for allowing fields of 12. NZTR Board and Management got their heads in the sand with bike parked close by. If Entain wants to maximise revenue in wagering in NZ then 14-16 horse fields are the target KPI to achieve. I've been watching the noms of late and NZ racing doesn't know how to manage their racing fields to assist in getting maximum returns back to the industry. 

It's about time the so-called Members Council started to measure the performance of the Thoroughbred Board. I've heard there's a new Chair (sorry name escapes me) when I was in Christchurch who is prepared to challenge the Board and has the support to make a difference. Let's hope so and he doesn't get bullied. 🤔

  • Like 4
Posted

Don't just point the finger at racing admin, which has a lot to answer for.  The industry doesn't help itself.

Lots of complaints about Industry Day stakes being dropped from 18.5 to 17K for 3 months over Winter.  Yet at Otaki today, 35K race, 5 acceptors, 40K race 6 acceptors.  Seems to make a nonsense of those taking umbrage

Posted

Thanks HESI, that where NZTR needs to grow balls. You don't get 10 runners, race is get cut and transfer stakes to other races. Trainers and owners will soon wake up. You have to be ruthless sometimes which has happened in Ireland and France.

  • Like 2
Posted

I can recall reading a study done by NZTR?? about 15 years ago.  Can't find it now, but the optimum field size for wagering was 14.  That was in pre fixed odds times

Posted (edited)
23 minutes ago, hesi said:

I can recall reading a study done by NZTR?? about 15 years ago.  Can't find it now, but the optimum field size for wagering was 14.  That was in pre fixed odds times

Exactly. And with the programming and stakes funding they have in place along with insufficient tracks to run full fields all the time they are struggling to average 10. It's hardly any wonder that Entain have lost interest. Their solution to no achieving the 14 has been to gradually reduce the KPI to 10.

Edited by curious
Posted
1 hour ago, hesi said:

Don't just point the finger at racing admin, which has a lot to answer for.  The industry doesn't help itself.

Lots of complaints about Industry Day stakes being dropped from 18.5 to 17K for 3 months over Winter.  Yet at Otaki today, 35K race, 5 acceptors, 40K race 6 acceptors.  Seems to make a nonsense of those taking umbrage

It makes a nonsense  of those doing the programming and stakes funding doesn't it, not those taking umbrage?

Posted
43 minutes ago, hesi said:

I can recall reading a study done by NZTR?? about 15 years ago.  Can't find it now, but the optimum field size for wagering was 14.  That was in pre fixed odds times

As elsewhere published from Sam Moncur.

We include the overall field sizes for each racing code for that very reason – if the equine codes can average 10-14 runners a race, that’s the sweet spot for everyone (bookie, code and customer).

 

Posted
8 minutes ago, curious said:

As elsewhere published from Sam Moncur.

We include the overall field sizes for each racing code for that very reason – if the equine codes can average 10-14 runners a race, that’s the sweet spot for everyone (bookie, code and customer).

 

Very vague though, 14 is great, 10 not so

Posted
18 minutes ago, hesi said:

Very vague though, 14 is great, 10 not so

There's an upper limit and it depends on the race type. Luck and risk of interference, being caught wide etc. deter punters. HK is probably the gold standard?

  • Sha Tin: ~12.8
  • Happy Valley: ~11.8
Posted
4 hours ago, DESI said:

If Entain wants to maximise revenue in wagering in NZ then 14-16 horse fields are the target KPI to achieve.

some meeting in the south there mightn't be 14/16 riders and a couple struggling to rider 59...

AS a Punter! you are more that welcome to bet into those races!  I would always suggest that stay away from them 95% of the times, way to much CHAOS involved!

  • Like 1
Posted
1 hour ago, curious said:

There's an upper limit and it depends on the race type. Luck and risk of interference, being caught wide etc. deter punters. HK is probably the gold standard?

 

  • Sha Tin: ~12.8
  • Happy Valley: ~11.8

Personally,  even those numbers are way to Large!!  9 and under any day!  all day!

  • Like 1
  • Haha 1
Posted

Things like small fields and leader bias provide a chance to make money. Even tracks and full fields make things harder.

  • Like 1

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