holy ravioli Posted December 4, 2019 Share Posted December 4, 2019 The topic of industry funding to the tune of 500k for restricted races is an interesting one,given the woeful stakes currently available to the average owner/trainer supporting the industry. Should a private ,for profit company be subsidised in this manner or are the wider benefits significant enough to justify it? The recent creation of multi million dollar events in Australia seems to be a successful formula. These are basically self funded ,and maybe this is a better option and that 6 figure sum could be spread over 'iconic' races at more venues. 1 Quote Link to comment Share on other sites More sharing options...
curious Posted December 4, 2019 Share Posted December 4, 2019 Cui bono is a good question indeed. Quote Link to comment Share on other sites More sharing options...
mardigras Posted December 4, 2019 Share Posted December 4, 2019 With the way things are, sweepstake racing may be all that is left. What level of entry do you think NZ people will pay to hold a spot? These events are essentially racing for ribbons, with the ticket winner being paid by the ticket buyers. Sweepstake racing shouldn't be allowed to be black type either. They might be attractive to the odd owner, but they are unlikely to change anything from the perspective of returns via NZ TAB. How many of these at any level could be run per year? 2 Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted December 4, 2019 Author Share Posted December 4, 2019 Cui bono is a good question indeed. maybe we will discover a ...good answer.? Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted December 4, 2019 Author Share Posted December 4, 2019 With the way things are, sweepstake racing may be all that is left. What level of entry do you think NZ people will pay to hold a spot? These events are essentially racing for ribbons, with the ticket winner being paid by the ticket buyers. Sweepstake racing shouldn't be allowed to be black type either. They might be attractive to the odd owner, but they are unlikely to change anything from the perspective of returns via NZ TAB. How many of these at any level could be run per year? Ah...a bold new future....sweepstakes and equalisators!? 1 Quote Link to comment Share on other sites More sharing options...
curious Posted December 4, 2019 Share Posted December 4, 2019 7 minutes ago, holy ravioli said: Ah...a bold new future....sweepstakes and equalisators!? That thought has certainly crossed my mind and I wouldn't be greatly surprised to see a club or clubs which have been denied a tote licence in the current reshuffle going down that track. Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted December 4, 2019 Author Share Posted December 4, 2019 I imagine one on one matches,with a winner take all prize,could prove very popular....even as betting events. A rematch TAS vs Kolding over 1600m at.....?? Quote Link to comment Share on other sites More sharing options...
Fred Posted December 4, 2019 Share Posted December 4, 2019 3 hours ago, holy ravioli said: Ah...a bold new future....sweepstakes and equalisators!? It worked well in the past. Quote Link to comment Share on other sites More sharing options...
holy ravioli Posted December 6, 2019 Author Share Posted December 6, 2019 Observations that the big breeders run racing have long been made and it appears to be an accepted reality. If that is indeed the case,the blame for the demise of racing lies with them. Their aim is to stay in business and the actual health of the domestic industry has lost its importance. The real money for stock comes from overseas interests. The one off injections of millions on premium races and the ongoing funding of restricted events is a glaring example of vested self interest prevailing over the 'greater good'. Apologists for this influence have a very weak rationale for its continuence. 'Peters pet rat' exhorts the faithful to look beyond and not be negative....a well worn sentiment to maintain the ...status quo. The future looks bleak. 1 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.