the stakes for the guineas at greyville saturday..joke

in 2001 when hoeberg won the fillies guineas the stakes were 250 000 and now 7 years later they are the same 250 000...in 2001 when celtic grove won the colt guineas the stakes were 500 000 and now 7 years later the stakes are 300 000 ...am i missing something here if so please explain

it is the last guineas of the season and the one which brings the natal tvl and cape 3yos together as the visitors from the cape and tvl are here..

Pirates, what you are missing is that these poor stakes are the biggest fraud in racing.

The costs of absolutely everything has escalated, from a telephone call to yearlings. But years ago (15? 20?) we had million rand races. Races would have to be R8+ million to have the same weight now.

This doesn't really serves as evidence that the future of racing is in KZN - as I have heard some pundits say!

Poor Poor showing almost not worth your bother to race a good horse for these stakes

Time for Big P to assist in GC Land.

The real reason is we cant get descent sponsors in SA rracing.

How about for starters, a GI can only be listed as such with a minimum of a R1 million Stake. A GII R600k & a GIII R300k?

As Jack Dash says the yearling prices have soared and the stakes should have too or why buy unless you are dreaming of Dubai -

Mr H, can you explain to a rookie a) where stakes money comes from b) who decides on it's payment structure c) the best way of influencing it's distribution

Cheers, Jim.

Steve,
>
> In answer to your question the stakes pot is turnover driven.
>
> A percentage of local, North West, international SA and Soccer 6 turnovers
> is paid into the stakes pot.
>
> In addition to the above a percentage of other revenue earned like
> bookmakers levies etc is added to the stakes pot and The Trust pays 80% of
> their PHM dividends into the stakes pot.
>
> There is a formal agreement between the RA and the tote operator in seven of
> the nine provinces (Phumelela) that dictates the formula.
>
> Clyde Basel
hope this helps jim
steve

7 years ago we didnt have the income from betting on overseas racing like we do today,so you would think that stakes would have increased dramatically since the inception of betting of overseas racing

On July Day 4 Grade 1's

July 3 ill or whatever

Other 3 1*500k 2*350k

Really Sad.

Also a 200k race called the 2200 NEVER HEARD of that one.