Don't expect any increases in Stakes this coming year! Unless they rob a bank or get a handout again the money isn't there!

[barryb]

13 minutes ago, Chief Stipe said:

20% rises in what?

Nom fees, jock fees, transport costs, probably about it.

[Huey]

50 minutes ago, Thomass said:

I'm predicting @20% rises across the board..

Coming soon to a race meeting near you

That isn't enough at the bottom end?

[nomates]

3 minutes ago, Huey said:

That isn't enough at the bottom end?

I think he means management salaries . 

[Huey]

Promising?

 

https://loveracing.nz/OnHorseFiles/NRB Meeting News/NZTR media release re stake increases.pdf

[nomates]

It's a start , better than the status quo , i do believe that the higher end stakes could have just increased 10% so that more was directed to where the majority of horses and owners compete , mid weekers . 

But this is hopefully the beginning , i will give them credit where it's due . Now if this can be done year on year for 5-10 years then we might start to see a slowing in sale of promising young tried horses . 

Well done to them for giving participants some small glimmer of hope that the tunnel has an end , still lots to do .

[Tesio]

Feature meeting minimum prizemoney increases will apply across various levels including Maiden minimums moving from $10,000 to $15,000, and Open minimums from $32,500 to $40,000.

Bit grey on this one……. Lots of Sat racing is Feature days….what are the minimums for those (excluding maidens)?

[Huey]

31 minutes ago, nomates said:

It's a start , better than the status quo , i do believe that the higher end stakes could have just increased 10% so that more was directed to where the majority of horses and owners compete , mid weekers . 

But this is hopefully the beginning , i will give them credit where it's due . Now if this can be done year on year for 5-10 years then we might start to see a slowing in sale of promising young tried horses . 

Well done to them for giving participants some small glimmer of hope that the tunnel has an end , still lots to do .

Pleased to see some increase , but like you can't see the point in the top end increasing by $10k, I just cannot see it making a material difference. Just as I cannot see the $2k making much of a difference to an owner on an industry day.

Appears as though only paying the starters fee to 10th like in Aus. so may have been some savings there.

 

[Chief Stipe]

3 minutes ago, Huey said:

Pleased to see some increase , but like you can't see the point in the top end increasing by $10k, I just cannot see it making a material difference. Just as I cannot see the $2k making much of a difference to an owner on an industry day.

Appears as though only paying the starters fee to 10th like in Aus. so may have been some savings there.

 

Did they announce how many races (opportunities) to get these Stakes will be available?

I agree increasing the top end won't materially alter anything except give a free gift to the elite.  Same horse would turn up for $10k less!

[Chief Stipe]

I posted my last post before I read the announcement from NZTR.  My apologies.

But having read the announcement it is nothing more than the same old shit.  Why the fuck this tiered rubbish?

[Huey]

23 minutes ago, Chief Stipe said:

I posted my last post before I read the announcement from NZTR.  My apologies.

But having read the announcement it is nothing more than the same old shit.  Why the fuck this tiered rubbish?

All part of the illusion isn't it?

[Chief Stipe]

22 minutes ago, Huey said:

All part of the illusion isn't it?

It's disheartening!  

[nomates]

The 10% increase for the G1 and G2 races is a waste of industry funds , the quality and number of runners for these races wont improve for this increase , this money is better spent at the lower end .

This again shows the disconnect they have with industry participants , any sort of communication with a large percentage of the industry would have given a clear indication where money needed to be directed to . 

So yet again we have a positive offset with a negative , simply for a lack of communication .

I'm just hoping my horses can make it to the better levels because i wont be persevering with them in the midweekers , too uneconomic , i've done my time doing it just for fun .

[Chief Stipe]

8 minutes ago, nomates said:

I'm just hoping my horses can make it to the better levels because i wont be persevering with them in the midweekers , too uneconomic , i've done my time doing it just for fun .

But is the difference in lower than open class of horse that different between Saturday and mid-week?  FFS get rid of this tier shit!

[nomates]

26 minutes ago, Chief Stipe said:

But is the difference in lower than open class of horse that different between Saturday and mid-week?  FFS get rid of this tier shit!

I will say whilst i agree that we aren't big enough for a tiered system , a lot of those horses that race midweek are not up to competing on a Sat when the level can go up just a notch , so they have to have a level that they can compete at , otherwise they get lost to the industry .

[nomates]

i will add , those are the horses that are usually raced just for fun and people understand that .

[curious]

2 hours ago, Tesio said:

Feature meeting minimum prizemoney increases will apply across various levels including Maiden minimums moving from $10,000 to $15,000, and Open minimums from $32,500 to $40,000.

Bit grey on this one……. Lots of Sat racing is Feature days….what are the minimums for those (excluding maidens)?

Yes what are the feature mins going to for the "other levels"? You'd think they would say in this sort of announcement.

[Gospel of Judas]

10 hours ago, nomates said:

The ones up north with the big stables and a large financial investment aren't .

All the funders of NZ First last election by chance? 

[Gospel of Judas]

Remember everyone we need to play join the dots! Check the names off, with what people get! . Then can see what's going on 

https://www.stuff.co.nz/national/politics/119704872/billionaires-among-the-full-list-of-donors-supporting-nz-first  

https://www.nzherald.co.nz/nz/nz-first-foundation-donor-i-clearly-believed-i-was-helping-nz-first-get-in/KO32EMXBW5GCS2NFEFSE6MXNRU/

https://www.rnz.co.nz/news/in-depth/416012/foundation-donations-not-named-on-nz-first-electoral-return  

https://www.stuff.co.nz/sport/racing/106751679/winston-peters-gives-racing-donors-inside-running-on-plans-at-600ahead-dinner

 

[JJ Flash]

And the same old moaners keep moaning- there's a surprise. 

Well done Nomates for at least some sort of positivity in an earlier post.

[JJ Flash]

On 30/06/2021 at 9:49 AM, Chief Stipe said:

In summary my conclusion is that there is NO extra money to increase ANY stakes.

Wrong again old son unless NZTR is telling porkies. 

[Huey]

Just now, JJ Flash said:

And the same old moaners keep moaning- there's a surprise. 

Well done Nomates for at least some sort of positivity in an earlier post.

Stop playing the man and start play the ball "TAB Fairy"  - tell us all how good this stakes distribution is going to be for the industry? 

I'm all ears , the floor is open to you tell us how this is all going to play out and make the industry better?

Especially for those people at the coalface .

[JJ Flash]

5 minutes ago, Huey said:

Stop playing the man and start play the ball "TAB Fairy"  - tell us all how good this stakes distribution is going to be for the industry? 

I'm all ears , the floor is open to you tell us how this is all going to play out and make the industry better?

Especially for those people at the coalface .

Moaner number 1 attacks- there is a surprise.  Im at the coal face and happy with the higher stakes. Well done to NZTR  for distributing the funds which are going into stakes. Now if we could only get RacingNZ board sorted the TB's should get even more next season. Not that it would matter as you and your mates will still be moaning.

 

Edited July 5, 2021 by JJ Flash

[nomates]

10 minutes ago, JJ Flash said:

And the same old moaners keep moaning- there's a surprise. 

Well done Nomates for at least some sort of positivity in an earlier post.

Positivity maybe , but they knew they had to come up with something , and countered with a large dose of realism , i'm not confident this is enough to stop the leakage of owners and other industry participants . This isn't enough for anybody to call it a win for the industry , we're on the first step up after falling down an extremely long staircase .

[Chief Stipe]

14 minutes ago, JJ Flash said:

Wrong again old son unless NZTR is telling porkies. 

We haven't seen NZTR's full budget yet.  How much are they getting from the increased pie?  How many races are they putting on next year?  What is their marketing budget?  They've spent $2m already on a new computer system - is their more money to be spent?  AWT operational cost increases are being paid from what?

Plus they aren't distributing money they have - they are forecasting  money they expect to earn in the coming year.  Two key points - firstly the BIUC (as that a new acronym?) of $20m is an estimate based on what?  Second point - the earnings from the core business wagering has not changed i.e. the increases are purely reliant on a tax change and the BIUC.  

If revenue from racing declines which is possible given the quality of our betting product and a possible reduction in the number of races then where does the money come from?

[JJ Flash]

2 minutes ago, nomates said:

Positivity maybe , but they knew they had to come up with something , and countered with a large dose of realism , i'm not confident this is enough to stop the leakage of owners and other industry participants . This isn't enough for anybody to call it a win for the industry , we're on the first step up after falling down an extremely long staircase .

Dont spoil your good positive thoughts Bob with the last part above.

I've posted elsewhere that the forecast distribution of $170 mio for the following season will probably be exceeded giving even more $$$ for the industry to play with. That said, under the new Act NZTAB has nothing to do with what the codes do with their distributions. Its now solely up to the codes to decide where funds go