Chief Stipe Posted July 6, 2021 Share Posted July 6, 2021 Key prizemoney increases between 28 August – 2 April are: Industry meeting minimum stakes will increase from $10,000 to $12,000. Iconic meeting minimum prizemoney increases from $40,000 to $50,000. Premier meeting minimum prizemoney increases from $30,000 to $40,000 per race, excluding maiden races. 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. Group and Listed minimum stakes will see the following changes – Listed Races move from $50,000 to $60,000, Group 3 from $70,000 to $80,000, Group 2 races from $100,000 to $110,000 and the Group 1 minimum from $200,000 to $220,000. The increase in Group and Listed flat races will apply to the full season. Over $15,000 1st 57.5% 2nd 18.5% 3rd 9% 4th 5% 5th 2.5% 6 -10th 1.5% $15,000 and under 1st 56% 2nd 18% 3rd 9% 4th 5% 5-10th 2% Quote Link to comment Share on other sites More sharing options...
nomates Posted July 6, 2021 Share Posted July 6, 2021 Why only 28th Aug till 2nd April , is it dependent on the size of donations . An odd one . Quote Link to comment Share on other sites More sharing options...
mikeynz Posted July 6, 2021 Share Posted July 6, 2021 I wonder what stakes the harness races are going to be. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 6, 2021 Author Share Posted July 6, 2021 20 minutes ago, nomates said: Why only 28th Aug till 2nd April , is it dependent on the size of donations . An odd one . Perhaps because they can't guarantee the BIUC fees or aren't confident about maintaining wagering revenue? Or if you are @JJ Flash you expect to be so much in the clover that you can increase stakes for the last third of the season during winter racing on the AWT's? Quote Link to comment Share on other sites More sharing options...
nomates Posted July 6, 2021 Share Posted July 6, 2021 It all seems a bit bitsy , doesn't instill me with a great deal of confidence . But i'm trying , saying to self religiously , stay positive , stay positive , stay positive , stay positive . Bloody hard work this blind positivity shit . 2 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 6, 2021 Author Share Posted July 6, 2021 21 minutes ago, nomates said: It all seems a bit bitsy , doesn't instill me with a great deal of confidence . But i'm trying , saying to self religiously , stay positive , stay positive , stay positive , stay positive . Bloody hard work this blind positivity shit . We don't know enough detail and if TAB NZ and NZTR's efforts in transparency in the last 3 years is anything to go by we aren't going to get any detail. 1 Quote Link to comment Share on other sites More sharing options...
Gospel of Judas Posted July 6, 2021 Share Posted July 6, 2021 Looks all smoke and mirrors and be dependent on things... oh dear! Quote Link to comment Share on other sites More sharing options...
nomates Posted July 6, 2021 Share Posted July 6, 2021 28 minutes ago, Chief Stipe said: We don't know enough detail and if TAB NZ and NZTR's efforts in transparency in the last 3 years is anything to go by we aren't going to get any detail. And this is what they simply don't get , consultation and communication , if they did both of those with industry participants they would get so much more wiggle room from us , but they simply don't believe we are part of the equation . So when they treat the great unwashed with such contempt they have to expect that contempt returned with bells on . 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 6, 2021 Author Share Posted July 6, 2021 14 minutes ago, nomates said: And this is what they simply don't get , consultation and communication , if they did both of those with industry participants they would get so much more wiggle room from us , but they simply don't believe we are part of the equation . So when they treat the great unwashed with such contempt they have to expect that contempt returned with bells on . Yes and the likes of @JJ Flash typify the group that buy into the propaganda. I've seen 30 years of this and I was hoping for something different but it seems to be more of the same. 1 Quote Link to comment Share on other sites More sharing options...
Huey Posted July 6, 2021 Share Posted July 6, 2021 I can't see how TAB cannot perform better than recent years, given the significant cost savings they have made in the past 12-18 months, my biggest concern still is NZTR lack of leadership, direction and self interest , no matter what the TAB does. 3 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 6, 2021 Author Share Posted July 6, 2021 3 minutes ago, Huey said: I can't see how TAB cannot perform better than recent years, given the significant cost savings they have made in the past 12-18 months, my biggest concern still is NZTR lack of leadership, direction and self interest , no matter what the TAB does. But some of those cost savings have been smoke and mirrors i.e. pushing costs onto the codes. One big question is who will be responsible for growing the racing wagering revenue? TAB NZ or NZTR/HRNZ/GRNZ (alone or as a group) or all of them working together? 1 Quote Link to comment Share on other sites More sharing options...
nomates Posted July 6, 2021 Share Posted July 6, 2021 28 minutes ago, Huey said: I can't see how TAB cannot perform better than recent years, given the significant cost savings they have made in the past 12-18 months, my biggest concern still is NZTR lack of leadership, direction and self interest , no matter what the TAB does. Until NZTR get themselves sorted out and get racing stronger so that it makes it a better betting proposition then the TAB's hands are tied , i know my betting is nothing compared to what it used to be , simply because the product i.e. horses and riders and tracks are so poor the majority of the time . 1 Quote Link to comment Share on other sites More sharing options...
Freda Posted July 6, 2021 Share Posted July 6, 2021 We had $7000 days back last century....Counties ran $30,000 days too. Sorta puts things into perspective, dunnit? You'll forgive me if I fail to prostrate myself with gratitude over this latest announcement. And, isn't it a projection? Correct me if I'm wrong but the dosh isn't in the handbag yet, is it? 2 Quote Link to comment Share on other sites More sharing options...
nomates Posted July 6, 2021 Share Posted July 6, 2021 28 minutes ago, Freda said: We had $7000 days back last century....Counties ran $30,000 days too. Sorta puts things into perspective, dunnit? You'll forgive me if I fail to prostrate myself with gratitude over this latest announcement. And, isn't it a projection? Correct me if I'm wrong but the dosh isn't in the handbag yet, is it? Positivity please Freda . Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 6, 2021 Author Share Posted July 6, 2021 54 minutes ago, Freda said: And, isn't it a projection? Correct me if I'm wrong but the dosh isn't in the handbag yet, is it? Correct. 55 minutes ago, Freda said: We had $7000 days back last century....Counties ran $30,000 days too. Mid-week maiden races in OZ $25,000. They have non-tote race meetings for stakes between $5k and $12k. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 6, 2021 Author Share Posted July 6, 2021 When does the grading committee pass judgement? Surely some of our Group races will be dropped down a level. That will free up some dosh for the lower classes. 3 Quote Link to comment Share on other sites More sharing options...
nomates Posted July 6, 2021 Share Posted July 6, 2021 1 hour ago, Freda said: We had $7000 days back last century....Counties ran $30,000 days too. I was in Matamata early 80s when Matamata became the first club in NZ to go 5k minimum for races , back when clubs decided what stakes to pay . I feel old when i think that far back . Quote Link to comment Share on other sites More sharing options...
Gospel of Judas Posted July 6, 2021 Share Posted July 6, 2021 4 hours ago, Freda said: We had $7000 days back last century....Counties ran $30,000 days too. Sorta puts things into perspective, dunnit? You'll forgive me if I fail to prostrate myself with gratitude over this latest announcement. And, isn't it a projection? Correct me if I'm wrong but the dosh isn't in the handbag yet, is it? Can remember when use have those PQ $20,000 for top end ones below Open Hcp. Not even that old! Quote Link to comment Share on other sites More sharing options...
Gospel of Judas Posted July 6, 2021 Share Posted July 6, 2021 3 hours ago, Chief Stipe said: Correct. Mid-week maiden races in OZ $25,000. They have non-tote race meetings for stakes between $5k and $12k. Rate we are going, we be competing with picnic meetings or have we already reached this mark? Quote Link to comment Share on other sites More sharing options...
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