President's Message

Dear Fellow Owner,

We are trying to be more effective as an organization. It will help greatly if your views are expressed. Looking forward for members who can contribute and be active.

While visiting this site, enjoy the videos of famous horses and international graded races, post your comments on our postings and please do voice your opinion on our opinion polls.

Feel free to email us at wirhoa@gmail.com

- Geoffrey Nagpal - President, WIRHOA
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Wednesday, April 15, 2009

Stakes Distribution

Our WIRHOA Cup was run on 05th 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)

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

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

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

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

The above distribution enables 2nd / 3rd / 4th 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".

1 comment:

shiven said...

A very +ve step. Maybe we could go a step further and even consider a small amount for 5th and 6th places to have more "triers" in each race.