Reply With Quotemaybe the horses going through the ring just aren't good enough to be making the big money, i really dont like the non-sale entry option, its a sale series that lets horses not offered for sale in it...ridiculous
Hi Nat
As there didn't seem to be much hype at the premium sale i would like to see them all in the 1 barn, i would also like to see them drop from 90 to 70 and if that means my yearling misses out so be it. The other thing i don't agree on and i said this in a post last wk why should the people who purchase colts have to pay the same money to race in the series as fillies as fillies can now earn 3 $2000 bonuses and the colts only 1 and that is in there 2yr old year. I do understand they have done this to entice people to buy fillies but looking at the sale results so far it hasn't changed. Instead of handing out bonuses 3 to fillies and 1 to the colts why don't they hand a $5000 bonus to both sexes on there first tab win as a 3yr old, we all know some horses are just not 2yr old's so this will still give them a chance to pick up a nice bonus as a 3yr old. And i do think they should make the non sale entry $2000 that way more people will pay up, alot of people put there yearlings in the sale cause they no it works out cheaper to pay commission on say $15,000 and then pay the $990 on the day.
maybe the horses going through the ring just aren't good enough to be making the big money, i really dont like the non-sale entry option, its a sale series that lets horses not offered for sale in it...ridiculous
I like the Idea of one barn for the Premium sale if your a serious buyer you dont want look all around town for the horses and quality should be shown on this level if there was 70 top lot dont have 90 good lots people want to see cream on friday night and event. I always say its better to have a lot of little than little of a lot so restructuring the fees and system and bonuses could hook in the breeder that has no real intention of selling their horse to the series.
I have so much to say, i dont know where to start.
The bottom line is that it was an incredibly difficult sale for just about every vendor. I know auction sales are not supposed to be like lotteries, but they are not supposed to be like giving donations either!
The biggest problem is fillies, fillies, fillies. Over the 2 days, colts averaged $20500 and fillies $13500. The discrepancy is outrageous. We really need to do a lot more to make fillies more attractive to buy and race.
I totally disagree with mango. Rather than have 3x$2000 bonuses for fillies, I would have 1 x $6000 bonus on its a first win.The other big thing is that we have to drastically change programming around the country. Much like the US, we need to have multiple races on every meet for fillies and mares only.
I was told that in 1 state last month, only 7% of races run were for fillies only...
One particular very large vendor said to me yesterday, that unless something changes soon, you might as well knock any fillies on the head at birth... Very sad but that is what it has come too.
As for having a premium sale and the normal sale, i m not sure. It was certainly worth a try, but im inclined to put it all back together as one melb sale.
As for Non sale entries, i dont think there should be any. If you want to go in a 300K race, you should have to go to the ring
I also think there should be a sliding scale for buyabcks - if you buyback a 50K horse, you should pay 10% but if you buyback a 10K purchase, you should pay say $200 flat
Its a shame that the fillies are an issue I always look at the up scale of having a filly to breed with at the end but people that race dont always wont to breed and with no real filly / mares only racing on a consistant scale it dose make it hard for the non breeding buyer to consider.
Hi mightymo I like the idea of the sliding scale of buybacks it dose make it hard to get people interested when buybacks are above what you would say a reasonable price for a horse.
Hi Mightymo
I don't like the 3 $2000 bonuses either if you read my post you will see that i would rather a one of $5,000 bonus for both fillies and colts as a 3yr old or as you said there first win. And i do agree with you on the buybacks, the main reason i said to bring the fee down for non sale entrants was because i know of people who put there horses in the sale only to buy them back which most of the times works out cheaper for them then paying up for the non sale. And i would love to see fillies/mares only races programmed a lot more.
Hello Hello,
I have suggested this to studs previously without much success. If you want to help the breeder who sells their yearlings at auction, knowing that a colt will outsell a filly every time adjust the stud fee accordingly.
For an example: stallion stud fee of $ 10,000. I think it would be fairer to charge
$ 12,000 if you get a colt and $ 8,000 for a filly. This would mean that if you got a colt you would owe the stud $2,000 and if you got a filly they would owe you $2,000. Because of this it becomes more complicated making it harder to initiate. Give people the option of paying $ 10,000 for the stallion fee regrdless of gender, or charge the service fee at $12,000 upfront and if you get a colt all is even, and if you get a filly the stud gives you a refund of $4,000. As you would assume that studs would be against giving you money back directly how about a $4,000 credit off of the next years service fee. Assuming 50% colts & 50% fillies the studs would receive the same revenue and the breeder recives some help if they have less income from the sale of a filly.
Food for thought !
Regards,
Sue
be interesting to see how many vets will sex test the sperm if they have the equipment even though its against the rules of racing now
Because you have some people that would buy their horses back no matter what - and others that would run them up to ridiculous prices, knowing that, to be smart. If this were the case, these very people that endorse the non-sale entries might decide that there are plenty of other big races to go in, without a high commission, and skip the series altogether. Then APG misses out. As you rightly pointed out, it is a private company - and like any company, out to make money.Originally Posted by buster
They can do things like inseminating a tad early or delaying it a bit to increase the liklihood of a colt or a filly. It might be the difference from inseminating that evening or rather first thing the next morning. Obviously its not completely accurate but sometimes you do want one more than the other, for whatever reasons...
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