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As an owner.......

West Australian Racing
PieManPieMan    271 posts
As an owner, and with the forth coming RWWA's decision in a reduction in prizemoney, I'm wondering if it's all worth it. People will argue with me that the punter is the major player in racing, but, in my eyes, it's the owner. By owning a racehorse, we provide employment for trainers, strappers, jockies, breeders, stud masters, feed providers, and so on and so on. Without us providing the product, the punter has nothing to bet on.
So, why should I buy a horse in the next month's sales, if prizemoney could be dramatically reduced? Do I tell my trainer that he can't increase his daily rate, do i tell him and the jockies, that slings are a thing in the past?
It's a shame, but I might pull up stumps. It's easy if you are a multi millionaire, racing is a hobby, but I'm in the game to make money.
I've spent between $150-$200k in the last 10 years, so if I pull out, and other people have said they will do the same thing, that's a bit of money that won't be shared around.
It's just my thoughts, but I hope RWWA take this into consideration.

Comments

  • SuburbanPunkSuburbanPunk    199 posts
    Let us get the punter out of the equation for a moment.

    Let us have an industry with no punting investment.

    The question will arise how many owners will run for blue ribbons.

    I reckon we would lose many owners.

    Maybe a vast majority of owners would be happy to run for no prizemoney.
  • dungydungy    9,278 posts
    If stakes fall and the poor old trainer costs increase then the jock sling might have to go for some owners its a domino effect remember no owners no racing
  • slipatiptomeslipatiptome    3,351 posts
    And if the Jocks sling goes then that could invite increasing dishonesty scenarios.
  • dungydungy    9,278 posts
    Dead right Slip ,but something has to give hey 99% of owners will allways sling when yours wins you nearly always back them and you have a few extra in your pocket your feeling pretty good about yourself but its just a thought so with training costs going 1 way and and stake money the other its bad news i thought we were the BOOM STATE im sick of hearing that ,our Real Estate is dead set shot The Retail sector is struggling and will continue to do so Beer and Restraunt prices in the paper the other day the most red hot in the country ?? it goes on and on and on
  • PieManPieMan    271 posts
    It's quite funny. I use to whinge about paying a sling, but I would do anything to be in that situation again. It's been awhile.
  • PieManPieMan    271 posts
    Suburbanpunk,
    There will always be a punter. It's human nature. If you provide a product, people will bet, either Oz Lotto, casino, horses etc.
    Our problem is to get the punter to lay down their post tax dollars on West Australian race. I've got many suggestions, but my sole voice isn't going to be heard.
    That's why I reckon the owner is the chicken and the egg.
    K.B
  • SuburbanPunkSuburbanPunk    199 posts
    Pie Man, my major concern has always been for the punter.

    The punters are always the forgotten group.

    We have a trainers association, a jockeys association an owners association and yet the punter is always forgotten.

    In my opinion the punter isn't treated in a manner which is befitting the investment he makes.

    You are right there are so many problems in the racing industry Australia wide and the chances of addressing these problems very remote.

    The Federal Govt has a lot of explaining for their lack of fundamental control of gambling and poor understanding of the racing industry model within Australia.

    The TAB's also have a lot to answer for their lacklustre efforts in attracting punters away from the corporates over the years and their inability to market new products during and after the emergence of corporates so many years back.

    A national tote would be the panacea but that will not happen in the immediate future.

    The answers are out there but there are many in positions of power that do not want to listen.
  • SuburbanPunkSuburbanPunk    199 posts
    Pie Man, my major concern has always been for the punter.

    The punters are always the forgotten group.

    We have a trainers association, a jockeys association an owners association and yet the punter is always forgotten.

    In my opinion the punter isn't treated in a manner which is befitting the investment he makes.

    You are right there are so many problems in the racing industry Australia wide and the chances of addressing these problems very remote.

    The Federal Govt has a lot of explaining for their lack of fundamental control of gambling and poor understanding of the racing industry model within Australia.

    The TAB's also have a lot to answer for their lacklustre efforts in attracting punters away from the corporates over the years and their inability to market new products during and after the emergence of corporates so many years back.

    A national tote would be the panacea but that will not happen in the immediate future.

    The answers are out there but there are many in positions of power that do not want to listen.
  • LuckyLongshotsLuckyLongshots    4,270 posts
    Quite right, without owners, there are no horses and without punters there is no prizemoney for those owners (none, zip, nadda)

    Either of those two get removed from racing, we are then in a bad position!

    SP - I reckon at $3k (or thereabouts) a month in training fees, not many owners would be wanting to race for ribbons
  • AmyquilAmyquil    250 posts
    Perhaps the racing industry and the TAB's have bit of an opening to attack the corporates by talking about the disgraceful practice of banning winning customers.

    I intend to contact Sen Xenephon about this. I'm not sure how interested he would be but it is a morally bankrupt and dare I say it, an un Australian practice.

    Obviously Player is guilty of the same thing although perhaps because they are aiming at a slightly different market.

    If TAB's (tote and sports) and on course bookies marketed themselves as taking on allcomers and named those charlatans then perhaps some people might come back.

    I think it's time to get nasty. These gutless, fraudulent corporates who ban winners need to be talked about more openly.
  • TheDivaTheDiva    13,248 posts
    unfortunately amyquil, its the TAB's now banning punters aswell for winning so the Corporates are no orphans there. I have heard both Luxbet and Player have banned winning punters.
  • BrubakerBrubaker    219 posts
    said:

    And if the Jocks sling goes then that could invite increasing dishonesty scenarios.

    Slings should go anyway. Like stamp duty, they are remnants of another era and were instigated for other reasons. Slings were before a jock got a percentage of the stakemoney. 5% for doing a job they are being paid for anyway. Poor old trainer who does the hard yards usually gets FA. Even the track rider, stable hand, usually get nothing. Especially when racing outside city meets, unless you punt big or get good odds, it gets very expensive and most times you are only getting some of the original outlay back. Imagine paying you're mechanic, plumber, electrician a "bonus" (or sling) because he actually did his job properly!
  • careycarey    6,424 posts
    said:



    A national tote would be the panacea but that will not happen in the immediate future.

    you may not realise why, but a national tote is the last thing that your everyday punter wants.
    the average take is about 16%, but most punters lose much much more than 16%; have you ever wondered where the difference goes?
    and that's why a national tote is not the answer.
  • slipatiptomeslipatiptome    3,351 posts
    said:

    said:

    And if the Jocks sling goes then that could invite increasing dishonesty scenarios.

    Imagine paying you're mechanic, plumber, electrician a "bonus" (or sling) because he actually did his job properly!
    I agree though the difference with a jockey could be that they have usually been promised the sling to ensure they try to do the job properly before the job is completed.
  • PieManPieMan    271 posts
    S.P,
    I'm not just an owner, but a terrible punter as well. If I was decent punter, I wouldn't of backed A.Pleasure.
    But as a punter, i get annoyed that we aren't getting the same product as the Eastern States.
    This is true, I even suggested to Nick Griffiths about starting a betting exchange in W.A. It was soon knocked on the head. He didn't believe in it, but it's silly, we don't have just one Pizza Hut or one Coles. We have a lotto of people taking a pics of the pie.
    K.B
  • dungydungy    9,278 posts
    Well said Brubaker
  • TucoolTucool    174 posts
    said:

    said:

    And if the Jocks sling goes then that could invite increasing dishonesty scenarios.

    Slings should go anyway. Like stamp duty, they are remnants of another era and were instigated for other reasons. Slings were before a jock got a percentage of the stakemoney. 5% for doing a job they are being paid for anyway. Poor old trainer who does the hard yards usually gets FA. Even the track rider, stable hand, usually get nothing. Especially when racing outside city meets, unless you punt big or get good odds, it gets very expensive and most times you are only getting some of the original outlay back. Imagine paying you're mechanic, plumber, electrician a "bonus" (or sling) because he actually did his job properly!

    Well said,

    I still see people that are willing to pretrain or train for 50 a day what a joke :roll: it's the trainer that will absorb the loss as usual.
  • TheFunksterTheFunkster    3,840 posts
    said:

    said:

    said:

    And if the Jocks sling goes then that could invite increasing dishonesty scenarios.

    Imagine paying you're mechanic, plumber, electrician a "bonus" (or sling) because he actually did his job properly!
    I agree though the difference with a jockey could be that they have usually been promised the sling to ensure they try to do the job properly before the job is completed.
    Funny, I've yet to have one offer me their riding fee when they chop one up.... :roll:
  • TiversTivers    7,720 posts
    Question - the story about dobbing non paying owners in to the authorities............real or myth ?
    If real - how and who ? (to report to)
  • TheFunksterTheFunkster    3,840 posts
    said:

    Question - the story about dobbing non paying owners in to the authorities............real or myth ?
    If real - how and who ? (to report to)

    Pretty sure RWWA can't/won't help you if non-payment of prizemoney by Lessee's is anything to go by.

    Legal action (arbitration first step) through Magistrate's Court should be your course of action. I'm not sure if you can refer to debt collectors or not, but then they take their cut.
    You don't need legal representation for Magistrate's Court.
  • TiversTivers    7,720 posts
    So basically no - no such thing as barring / warning off owners etc ?
  • TiversTivers    7,720 posts
    Might just post their names on here, so everyone can be "warned" ;)
  • BrubakerBrubaker    219 posts
    Funny, I've yet to have one offer me their riding fee when they chop one up.... :roll:

    Ha! Ha! Ha! :lol: :lol: :lol:
  • BrubakerBrubaker    219 posts
    said:

    Question - the story about dobbing non paying owners in to the authorities............real or myth ?
    If real - how and who ? (to report to)

    RWWA won't get involved with non paying owners. Trainers.... now there's a different story.
  • BrubakerBrubaker    219 posts
    said:

    So basically no - no such thing as barring / warning off owners etc ?

    Sorry, may have misread previous thread. I believe if leasees do not pay the percentage to owners within 6 weeks the owner is entitled to cancel the lease. This happened to me years ago when the trainer forgot to send the owner their share and horse started to "produce". may be different now???
  • TiversTivers    7,720 posts
    Woops...............reminds me I've got a lease cheque (coming) outstanding !
    Better chase that up
  • DownTheBackDownTheBack    96 posts
    Any one heard of a food levy from trainers ????
  • kerrinkerrin    342 posts
    No. Is that what you've been charged?
  • DownTheBackDownTheBack    96 posts
    Yes , got a letter saying we have included a feed levy ????
    I nearly fainted givin there are now stakes reductions .
  • dungydungy    9,278 posts
    Food levy ??? doesnt that all come under daily training fees fair dinkum it couldnt be true and if thats the case its good old greed again and they will wonder one day why they dont have any horses to train
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