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Levy board issue warning of fall in yield 2015/6

Home Forums Horse Racing Levy board issue warning of fall in yield 2015/6

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  • #27235
    Avatar photoricky lake
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    • Total Posts 3003

    Yep the chickens are gathering , significant downfall in turnover between July and Sept, have forced a prudent downgrading of levy expect ation

    So the cramming of 5 to 7 meetings each saturday , has finally turned punters off ….they are not betting ,,,it was plain to see this would happen :roll:

    Bookies rep starts Jan 19….first memo to self , prune saturday meetings ….spread the jam for midweek ….get punters interested again

    Any takers ???

    imo etc

    #498886
    Avatar photophil walker
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    • Total Posts 1374

    Too obvious ricky racing will blindly continue doing the same thing as that’s how it has always been done. With racing in thrall to the bookies they will never agree to a drop in Saturday fixtures as they get their money from the abominable roulette machines & FOBT terminals.

    #498894
    Avatar photoyeats
    Participant
    • Total Posts 3455

    Thoroughly depressing, should be the best racing in the world but just being allowed to go down the plughole.

    The amount of money being creamed off from the sport must be phenomenal.

    #499083
    Avatar photoricky lake
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    • Total Posts 3003

    Dear Bookie’s Rep …Jan 19 can’t come quick enough ….your BHA prize money is pathetic ,,,,just look at Vincennes tomorrow , a trotting card in Paris 9 races 700,000 Euros in prizes ,, today;s card was worth 550,000 Euros

    Our racing meanwhile totters on for peanuts

    Whatcha going to do about it :mrgreen:

    #499370
    Avatar photorobert99
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    • Total Posts 899

    Meanwhile in Ireland that actually has days rather then minutes between races so that the public maintain a keen interest in all codes of racing. Comparing to UK where 90% of races are of absolutely no interest to anyone beside the winning connections who briefly break out of a yawn. Two meetings a day max for 3 days a week is the most the public can take without losing interest. Also copycat bookmakers not even taking horseracing bets from mugs must be killing the chances of the levy ever getting back to past levels.

    "HRI approved for the minimum race value to be increased from €7,500 to €8,000, with significant increases to other base values.

    The key priority has been to target point-of-entry races, such as Flat maidens, bumpers, maiden hurdles and beginners’ chases, as a means of encouraging greater levels of racehorse ownership.

    Handicaps will be increased on a tiered basis while some black-type categories have been raised under both codes to ensure that Ireland’s premium races remain competitive internationally in prize-money terms.

    HRI will also contribute €250,000 towards the joint Anglo/Irish ‘Plus Ten Scheme’ which will see up to 100 bonuses of €10,000 paid out to the qualifying winners of all two-year-old races, excluding black-type races, run in Ireland.

    Other key features of HRI’s budget for 2015 include the establishment of a new racecourse capital development fund of over €100 million, enhanced integrity funding and further reductions in owners’ and trainers’ administrative costs."

    #499380
    Avatar photoWoolf121
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    • Total Posts 537

    Along with the Saturday surfeit of meetings punters are heartily sick of being suckered by sudden improvers hosing up at generous odds.

    #499382
    Avatar photoricky lake
    Blocked
    • Total Posts 3003

    Brilliant post Robert …how things can be done , admittedly their finances are supported by the Irish Gov ..who understand how important the industry is for breeding and tourism ..

    As for us , we are just lost in a whirlwind , the bookies Rep , will be making sure we have plenty of class 5 and 6 races for his paymasters….meanwhile the mugs who continue to support it , get fleeced on a daily basis …..imo

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