Another Twist NOTICE OF MOTION

keniza999 wrote: I see your point Bob, how come bookies make money without the TV rights?

The TOTE makes money as well, but not enough to pay the stakes

Bob Brogan wrote: Selling tv rights overseas is a big money raiser... But don’t forget taking pictures back from other nations comes at a big cost.

Basically without the TV deal racing in SA would be virtually impossible as the local pools are shite.

Also punters And owners must get something out the deal .. Owners must have stakes returned to at least the former rate( can’t blame Covid now )

And punters?

I heard Charles saying technology is the key and they were focusing on the online market ... Now that’s an old chestnut that in SA is very hard to crack

100% Correct

I see the Spring Spree Stakes ( listed) has a 1st prize of 51k tomorrow

That’s lower than a shitey race at Southwell

To compete with international feature race stakes need to be increased 500% or suspended (the races )


Sent from my iPhone using Tapatalk

I guess you have to also consider training fees here around 10 grand a month
What does it cost to train a horse in UK
So in SA the 50 grand gives you 5 months vs UK ?

Dave the winning owners are racing for 41k after 10% each for the Trainer and Jockey...but consider the following, Bohica was purchased for 300k in Nov 2018. Been in training for 22 months at a cost of 220k so we are sitting at 550k with earnings of 240k (190k net after trainer & jock). The owners are 360k down but this is their passion and hobby so maybe the deficit can be narrowed by attributing some entertainment value to that amount.

Kenzia raises the point that I have often raised on this site, the bookies make money without paying for the product and so do punters who punt with the bookies.

I wish MOD everything of the best however there will be less horses racing without an improvement in stakes and no stakes without tote punters.

a better example is the run of the mill race days. very few horses get to race in listed or better races.
take PE Today 9 races 40k stakes per race total 360k

winner gets 24k before deductions
after
VAT
Trainer
Jockey
Groom

what are u left with?

a win probably covers a month maybe two of training fees, when u throw in the MONOPOLISTIC VETS probably closer to one and a half months cover. when ur run of the mill horse wins.

not good enough!!!

SA probably worst racing district in the world to own a horse as a small owner. add the restrictive export protocols and lack of race meeting and u have a situation where many will be leaving this sport in the next 12 months.

Tigershark wrote: Dave the winning owners are racing for 41k after 10% each for the Trainer and Jockey...but consider the following, Bohica was purchased for 300k in Nov 2018. Been in training for 22 months at a cost of 220k so we are sitting at 550k with earnings of 240k (190k net after trainer & jock). The owners are 360k down but this is their passion and hobby so maybe the deficit can be narrowed by attributing some entertainment value to that amount.

Kenzia raises the point that I have often raised on this site, the bookies make money without paying for the product and so do punters who punt with the bookies.

I wish MOD everything of the best however there will be less horses racing without an improvement in stakes and no stakes without tote punters.

Sylvester wrote: a better example is the run of the mill race days. very few horses get to race in listed or better races.
take PE Today 9 races 40k stakes per race total 360k

winner gets 24k before deductions
after
VAT
Trainer
Jockey
Groom

what are u left with?

a win probably covers a month maybe two of training fees, when u throw in the MONOPOLISTIC VETS probably closer to one and a half months cover. when ur run of the mill horse wins.

not good enough!!!

SA probably worst racing district in the world to own a horse as a small owner. add the restrictive export protocols and lack of race meeting and u have a situation where many will be leaving this sport in the next 12 months.

Tigershark wrote: Dave the winning owners are racing for 41k after 10% each for the Trainer and Jockey...but consider the following, Bohica was purchased for 300k in Nov 2018. Been in training for 22 months at a cost of 220k so we are sitting at 550k with earnings of 240k (190k net after trainer & jock). The owners are 360k down but this is their passion and hobby so maybe the deficit can be narrowed by attributing some entertainment value to that amount.

Kenzia raises the point that I have often raised on this site, the bookies make money without paying for the product and so do punters who punt with the bookies.

I wish MOD everything of the best however there will be less horses racing without an improvement in stakes and no stakes without tote punters.

That goes for ANY owner Sly. The time now is to cut, cut,cut as much as possible down to only the horses you know can earn, and then wait lets give them a month to sort their "new" model out, if stakes do not go up drastically then out.

Dave your R50k doesn't take any "other" payments into the mix, so your 5 months is totally incorrect and exaggerated.

Hi guys it was just a question in relationship between SA and UK asking what the training fees are in the UK

I am sadly well aware of other costs and Vet bills.
What we spent on Noble Diana was a terrible experience for the syndicate and YES stakes MUST increase.

I think we all know things have changed - the stakes vs cost comparison was skewed even before the reduced stakes was introduced; 10 years ago one could probably say that 20% of horses turned a profit for their owners - now that 20% I think is more in the region of the 5% - those bargain buys that rose to the top.

So the whole ownership game has changed - and one needs to decide if your 'passion' is still worth it - and I agree many owners will come to the conclusion that it is not - however imo one needs to compare with a sport like golf - not sure what golf clubs and club membership costs - but that is also money that one 'invests' in your enjoyment of the game of golf - so some (like me) would rather 'invest' in a thoroughbred - at least you have a small chance of finding that diamond in the rough.

Dave Scott wrote: Hi guys it was just a question in relationship between SA and UK asking what the training fees are in the UK

I am sadly well aware of other costs and Vet bills.
What we spend on Noble Diana was a terrible experience for the syndicate and YES stakes MUST increase.

Dave once again why do we have to compare to the UK? Why not compare to Singapore, South Korea, Australia, New Zealand, Argentina, Brazil etc

And YES Vets in SA charge whatever they like, they fall under the Dept of Agriculture.

just a comparison - I think you can buy 2 big macs in the UK after one hour labour at the min wage - In SA you would have to work for 2 hours to buy one big mac at our min wage so no good reason to compare SA racing with the UK -

Morning all, lets try again.
My ref to UK was due to Bob saying we compare to shity Southwell

Lets put aside the price of coffee in Brazil and the minimum labour rate in Outer Mongolia.

All leading racing centres have same restrictions or deductions.

What I was looking for was the PERCENTAGE RATIO between SA and other racing jurisdictions.

Eg

SA stakes for maiden plate = x rands
SA training costs = x rands
Answer is a ratio

Then do same for UK. France, States, Aus etc , using their currency to compare apple to apple to international ratios.