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Stakes Distribution Change

Paying down to sixth place instead of tenth

RA LogoTrainers were informed via the National Racing Bureau on Wednesday that the Racing Association has taken a decision to change the distribution of stakes in all races run in Phumelela regions – that is, Highveld, Eastern Cape and Northern Cape.

With effect from 1 March 2020, the winning portion of the race stake will be increased from 58% to 60% and redistributed to pay down to 6th place instead of 10th place as follows:

1st – 60% 2nd – 20% 3rd – 10% 4th – 5% 5th – 3% 6th – 2%

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6 comments on “Stakes Distribution Change

  1. Roderick Mattheyse says:

    Was SAGA consulted on this – it is going to affect them the most

  2. Gary Turf says:

    Definitely makes more sense….Well done

  3. Gordy says:

    @Gary Turf,

    You must be well informed to say that it definitely makes more sense. I am not as well informed as you. The notification given to trainers by the RA does not explain why the change took place. Please help me out because it makes no sense to me.

    Stakes were changed in October 2019. We were told by the RA and PGL that they worked hard to be innovative and to help out owners. They told us that with effect from 1 November, the winning portion of the race stake will be reduced from 62.5% to 58% and redistributed to pay down to 10th place as follows:
    1st – 58%
    2nd – 20%
    3rd – 10%
    4th – 5%
    5th – 2%
    6th to 10th – 1% each

    3,5 months later we are informed that something different will now apply. Correction. We are not informed, the RA and PGL has rammed down our throats a new stakes distribution without any reasons, discussion and consultation. A typical tyranical RA and PGL move.

    I thought that the RA was looking after owners. Changing the stake distribution is screwing over at least 4 owners. This is not on. The RA and PGL cannot tell owners that 10 places were be paid and then recant after implementing it. Owners worked on these representations as being true.

    Give us reasons Mr Mike de Kock and company of the RA.

    We are entitled to reasons. Get out of your comfortable saddle and explain your actions.

  4. Johann Liebenberg says:

    Talk around town is the distribution of stakes were changed because a reduction of stake money per race are looming.

  5. Frankie says:

    Frankie Zackey…owners should expect a further drop in stakes and a further drop towards the 3rd quarter of next year… owners will see a increase around 2024…only the blind might differ,, unfortunately the current situation in horseracing is bad however i do believe that we’ll overcome the downhill battle we facing at the moment… with the right people in place I can only see growth…MDK and company of the RA will surely make the nessecery improvements that’s so desperately needed in horseracing that I’m pretty sure of with the people in place and having the right attitudes along with positive planning and setting goals that can be adchieved i see racing improving in the next 3 years…Round 1 ding dong….slowly with uppercuts when attacking back constructive criticism preferred ? Cheers

  6. Frans says:

    Finally some sanity prevails! ( to pay down to 10 stake cheques was always a poorly thought out plan and never had the interests of winning owners at heart ).
    There remains the very real prospect of further stakes reductions in the months ahead. Owners are going to need a real incentive to remain in the game.

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