Betting Pools Up – But Stakes?

First order of business should be stakes increase

With the advent of the totes having been re-opened, I note a substantial increase in the tote betting pools.

Len Bloch writes as an ‘owner and small time punter’ in the Sporting Post Mailbag.

I have always contended that the bulk of betting pools comes from the R5 and R10 tote punters.

Stake money for races is dependent on tote revenue which,now on the increase, SHOULD MEAN that stake money for ALL races should be increased to at the very least ,what they were at prior to lockdown.

The question,for me, now becomes – how long are the long suffering owners,trainers and jockeys going to have to wait for stakes to be increased?

By choice,even though I reside in Cape Town,I race my last two,of what was 8 horses in PE .

I have had horses in Cape Town and Durban.

The current situation in PE is that, with the exception of ‘feature’ races, all races have a stake of R35 000. Hardly worth the expense of keeping horses in training and even thinking about increasing my string.

The racing authority have not exactly covered themselves in glory over the past year.

Maybe the time has arrived for them to actually do something POSITIVE to encourage more ownership by making the first order of business the INCREASE OF STAKES.

 

Have Your Say - *Please Use Your Name & Surname

Comments Policy
The Sporting Post encourages readers to comment in the spirit of enlightening the topic being discussed, to add opinions or correct errors. All posts are accepted on the condition that the Sporting Post can at any time alter, correct or remove comments, either partially or entirely.

All posters are required to post under their actual name and surname – no anonymous posts or use of pseudonyms will be accepted. You can adjust your display name on your account page or to send corrections privately to the EditorThe Sporting Post will not publish comments submitted anonymously or under pseudonyms.

Please note that the views that are published are not necessarily those of the Sporting Post.

Subscribe
Notify of
guest
7 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share:

Facebook
WhatsApp
Twitter

Popular Posts

Good Newsbreak: Direct Exports From SA To EU Approved!

This amendment places South Africa’s African Horse Sickness (AHS) free zone back on the Annex IV list as an authorised zone within South Africa from which registered equines are authorised for direct entry into the EU following the required in-country pre-export quarantine period

Read More »