Australian racing

[Euler]

First £1,000,000+ race of the session R6 at Caulfield.

Some great volumes on these Vic tracks these days. Shame the turnover charge has put pay to NSW meetings so much. Hopefully the TO charge stays away from Vic.

Y, the divergence is getting big now. Shows you how much NSW is missing out.

[PDC]

Y, the divergence is getting big now. Shows you how much NSW is missing out.

I am not sure NSW are missing out on much tbh. From a racing view I think the TO charge is a good thing and it is what is needed in the UK and will come in time. From a trading view point though it is horrible.

[Euler]

NSW are not getting liquidity and interest from a new source of revenue. I'd define that as missing out.

[PDC]

NSW are not getting liquidity and interest from a new source of revenue. I'd define that as missing out.

Not all money is 'good' money depending on where you are looking at it from.

NSW are protecting their other sources of revenue which have a much higher return for them and in turn protecting their funding and prize money. True they are missing out on the exchange money but they don't particularly want it.

I will be surprised if the next UK Levy negotiations don't see a change to a turnover basis, most things seem to be pointing to that happening, largely for similar reasons as NSW.

[PDC]

Have hit a wall this session the last hour

[Euler]

Plenty of other sports to bet on so, I would imagine the yield will fall as bookies and punters switch to other sports. It would be suicide for racing, certainly at the lower level of racing.

[Euler]

Have hit a wall this session the last hour

Best stuff yet to come.

[PDC]

Best stuff yet to come.

I got off to a flyer on the early races, not sure why but I often seem to have a lull mid-session but the tail end is usually my best and with the big races still to come as you say, I hope the usual pattern kicks back in.

[PDC]

Just the £3.5 million to the winner of the Everest

The entire prize money for the winners at the whole of the UK's Champions day at Ascot today is just £2.3million!

Tell me again which country has the better funding model

[Naffman]

Unbelievable lay money on Varda there

[PDC]

I had missed the sad news about Sir Dragonet this morning until they mentioned it just now on Racing.com's coverage:

https://www.racing.com/news/2021-10-16/ ... euthanised

[gazuty]

Just the £3.5 million to the winner of the Everest

The entire prize money for the winners at the whole of the UK's Champions day at Ascot today is just £2.3million!

Tell me again which country has the better funding model

Everest has a fair degree of round robin funding.

[PDC]

Everest has a fair degree of round robin funding.

Fair point.

The prize money in Australia though is just a different universe compared to ours. I don't understand why more foreigners don't have horses run over there with the prize money so good any additional travel expenses would be easily covered.

The Caulfield Cup has a cool £1.7m to the winner which isn't far off the Champions Day total.

[gazuty]

Everest has a fair degree of round robin funding.

The Caulfield Cup has a cool £1.7m to the winner which isn't far off the Champions Day total.

There is a big specialisation in bringing European 2000+ metre raiders for these races. Of course covid19 has killed it off for the moment.

The Australian classic races (which copy uk classic races) are mostly longer distances and yet we’ve really focussed our breeding on sprinting. Everest is a nod to the sprinting obsession.

[Euler]

Some odd movement on this favourite in the big race at Caulfield.