Sports

THE TOBA SUGGESTIONS AND COMMENTS TO SVREL

Friday, January 19, 2018

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1 An immediate reduction in the TAKE OUT levels in keeping with a mathematical analysis which shows beyond the shadow of a doubt that less takeout improves sales. Your Racing Secretary, Mr Denzil Miller can attest to the fact that when win and place dividends were reduced some years ago there was a dramatic increase in sales. This has been a proven fact throughout all racing jurisdictions. It is therefore beyond my comprehension why successive racing companies, and especially Supreme Ventures, are not familiar with the effect of TAKE OUT levels and has not yet moved in that direction.

2 Statistical analysis has proven that racing fields in excess of 12 horses produce a mathematical reduction on sales. Our suggestion therefore is that all races, with the exception of futurity and Classic races be reduced to a maximum field of 12. This in fact would result in your being able to offer more races on a race day.

3 Racing on a Wednesday is an anachronism which dates back to those years when retail outlets closed on a Wednesday. Our suggestion is that you introduce racing on Fridays, Saturdays and Sundays, along with Public Holidays. This would provide in excess of 160 race days for the year and would serve to double your revenue.

4 The claiming system has decimated the breeding industry. Why should a prospective owner buy an untried yearling for in excess of $1 million when that owner can purchase a tried runner for prices varying from $160,000 to the newly introduced $800,000? Our observation has been that the claiming system only serves to transfer lame horses from one trainer to another and should be modified to provide more handicap and condition races.

5 Why have the breeders been singled out to make the sacrifice with respect to satisfying the principal concern of the viability of the racing industry. If you look at what happens in other jurisdictions, as you have done with respect to breeders bonus, you will observe.

(a) There is no payment of 5% to grooms.

(b) Trainers receive maximum 10% of purses not 15%.

(c) Jockeys receive 7 % - 8% of purses not 10% that we pay here in Jamaica.

Unfortunately, what has been standard practice over the years, if disturbed, would only stir up a hornet's nest of rejection. The Breeders Association seriously rejects your directive to abolish breeder's bonuses as outlined in your letter.

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