Stakes Distribution

Our WIRHOA Cup was run on 05^th April. WIRHOA had requested for a change in the stakes break up as against what is given by the RWITC Ltd. The break up was different to the usual break up as follows :

WIRHOA (Gross Rs.6,91,500) / RWITC Usual (Gross Rs. 6,91,500)

1^{st =} 45% Rs. 3,11,170 / 57% Rs.3,94,155

2^{nd =} 28% 1,93,620 / 24% 1,65,960

3^{rd =} 19% 1,31,385 / 13% 89,895

4^{th =} 8% 55,320 / 6% 41,490

The above distribution enables 2^nd / 3^rd / 4^th placed horses to earn a greater portion and in turn enables a larger proportion of the owners to earn stakes to help meet high costs.

Your feedback is solicited whether we should push for % of stakes distributed as in our WIRHOA race in future for all races.

Please voice your opinion about this in our opinion poll named "Stakes Distribution".

BTF Revision 2009.

As you are aware the Syce wage agreement expired on 31.12.08 and was to be renewed by the Trainers (WITA). Renewal was delayed due to the EI Epidemic.  However, with the commencement of racing on 31.1.09 renewal of the Syce agreement was required to be done.  The Trainers have been urged since the last 4 weeks to complete the Syce wage agreement.

 

The WIRHOA committee had several meetings on this issue and then met with the Trainers. It was decided that a Rs. 1000 increase in BTF was in order (approx Rs. 675 being the impact of labour increase and balance towards increased costs).  This was on the same lines as done 3 years ago.  It was assumed like 3 years ago the RWITC would also bear another Rs. 250 (RWITC continues to bear the previous Rs. 250). However, this year the RWITC declined to do so.  

 

Therefore, it is up to the individual owner to decide how this Rs. 250 would be borne with their respective trainers.  The increase WIRHOA agreed in the BTF debited by the Club is Rs. 1000 with Rs. 250 to be decided by the individual owner.