Stakes redistribution - Could it help?

  • mr hawaii
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Stakes redistribution - Could it help?

7 years 9 months ago - 7 years 9 months ago
#687839
I was thinking on stakes and how they are paid.
Phumelela is pretty angry at the small fields as it decreases TURNOVER.
I would propose that 10% of stakes per race be shared equally from position 5-14 in every race and more if there are bigger fields(Not sure about features but I think why not) This money would be paid to owners as appearance fees and Trainers/jocks would not be entitled to a share of it. So in a 100k race 10k goes to the unplaced so 1k each ... I think this could make for full fields - I would also suggest that a certain MR cut off point be implemented in strong centres so that weaker horses are sent to Kim and Pe or retired instead of racing until 6 without a win
The smaller owner benefits and I do think the form book would improve as horses would race more often
Probably a lot wrong with my thinking but if you can run your horse 2 times a month you might find you earn maybe 1-2k so you are in effect getting a 10-20% discount on training if that base is 10K

Probably Jocks and trainers would be unhappy but the more turnover increases the more stakes if that will actually be implemented so it would eventually catch up.
Thoughts?

Think of a horse like Flag Of France - this guy has run over 100 times and added big to turnover - Surely it would not be amiss to reward his owners with around 70-80k for crating a consistent betting product?
Last edit: 7 years 9 months ago by mr hawaii.
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  • mister a
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687841
good idea
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  • Lionel
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Re: Stakes redistribution - Could it help?

7 years 9 months ago - 7 years 9 months ago
#687878
Great idea...tennis, golf etc do something similar...
Last edit: 7 years 9 months ago by Lionel.

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  • LSU
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687879
Nice thinking

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  • onlyinthiscountry
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687906
Brilliant idea!

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  • ElvisisKing
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687908
If only the powers that be .....would read this an tweak this idea if need be and USE IT.

I have NO objection as a part owner of horses.

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  • Frodo
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687920
I agree this is something to consider - ideally this would be in addition to the current stakes - as we all know the current ratios between a winner's cheque and training fees when compared to 10 years ago ....

@Don - is this something that you could put forward to the powers that be ?

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  • Muhtiman
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687923
....this was once suggested under another guise.... and shot down.....one very learned racing personality not favored by the PTB suggested that horses should get rewarded with what was termed as an appearance fee..... :huh:....same idea but better presented may get a better shot.... :dry:

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  • Countrymember
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687924
Maybe a winner takes all , and only winning jockey gets paid prize money!.....could be 1 or 2 races a meeting. B)

What about the old match races..........bring em back.......... :)

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  • mr hawaii
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Re: Stakes redistribution - Could it help?

7 years 9 months ago
#687928
along similar lines - If I were tasked with getting new owners involved I would set aside say race 8 (no feature race) on a good meeting where In A Rush has a corporate tent... I would then draw 14 names from those in the tent at race 5 - Then they would go to parade ring with a partner - each would be matched with a horse - Obviously, buy in from owners and trainers essential... They would then get to meet trainer owner jock and essentially experience what being an owner is (The glory part) Then when they race the first 4 would receive prize money 4k-down to 1k - The first would receive a framed picture the winner and connections - Obviously, prize money would be in tote vouchers if possible

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