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Thread: Premium Gold Sale????

  1. #21
    Member Yearling Shakamaker will become famous soon enough
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    Quote Originally Posted by triplev123 View Post
    G'day Flashing,

    EXCELLENT POINT about the prizemoney having remained static for years. It has been 300k total for a long, long time and given that in terms of costs everything else has increased that's something that needs to be addressed. Could not agree more.
    They introduced a Gold Bonus a few years back whereby a horse that was paid up would get a $1500 bonus on their first win as a 2yo or 3yo I think it was. Without the Gold Bonus, they may well be able to race for $400k. However by paying a bonus out, more owners get to share in the cash whereas if this was directed back into the Race Series only the connections of the winner really benefit from the extra stake.

  2. #22
    Flashing Red
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    Quote Originally Posted by Shakamaker View Post
    They introduced a Gold Bonus a few years back whereby a horse that was paid up would get a $1500 bonus on their first win as a 2yo or 3yo I think it was. Without the Gold Bonus, they may well be able to race for $400k. However by paying a bonus out, more owners get to share in the cash whereas if this was directed back into the Race Series only the connections of the winner really benefit from the extra stake.
    They have enough money to do both, IMHO. They collect so much money from so many different avenues...

  3. #23
    Member Yearling Shakamaker will become famous soon enough
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    Quote Originally Posted by Flashing Red View Post
    They have enough money to do both, IMHO. They collect so much money from so many different avenues...
    I'm not sure how much money they collect but I know that the PGG 2YO Sales Series Finals in NZ are also worth $300K and they probably have a similar number of horses go through their sale.

    By the time APG run two $300K Finals and then run 10 heats/repechages for each sex, there is $1M in stakes that they are paying out each season.

  4. #24
    buster
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    it is a private company, they have no obligation to put all of the money back int the series

  5. #25
    nat
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    Dose anyone know the figures of that with mare's, foal's,yearling series fee's paid

  6. #26
    aussiebreno
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    Last year from 14 less lots the total $$$ sales were more! Prices well down.

  7. #27
    buster
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    nat if your asking what it costs to pay up, i think its a total of 3700 to be fully sustained for the series

  8. #28
    nat
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    Hi Buster

    No how many sales and non sales horses were paid up for this series
    Got a bit carried away was thinking of the Breeders Crown system with the "mare's, foal's,yearling series fee's paid" quote

  9. #29
    Super Moderator Stallion mango will become famous soon enough mango's Avatar
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    Hi Nat
    There was 70 non sale entries payed up and every horse that went through the sale on friday night had to be paid up all other sale's are up to the purchaser whether to pay up or not.

    Hi Buster
    $3700 is to be a non sale entrant but you still have to pay $990 by the 31/10/11 and another $990 by the 31/1/12 to remain eligible for the series.

  10. #30
    nat
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    Hi Mango as a vender what do you think are the issues, you had a Seelster colt in the sale not a cheap execise to par take in

    What would make you want to sell/buy a horse in this series?
    More prize money
    Seller incentives
    Less fees
    Fees spread out
    Loosening the system to entice more nominations for non sales and sale horses and lesser fee's for sales horse's
    Selling all horses at one venue and racing at one venue

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