Tasracing launches new bonus scheme

Tasracing has launched its own breeder bonus scheme for 2012-13 after breaking away from SuperVOBIS.

“The number of nominations we received (180 horses) exceeded our initial expectations, which is obviously a pleasing result,” Tasracing CEO Eliot Forbes said this week.  “There are more horses paid up for TasBonus than the previous scheme.”

Forbes said Tasracing contributed $150,000 to TasBonus, which was on top of the $85,690 contributed by breeders and owners.  The local scheme pays $4000 ($3000 to the owner and $1000 to the breeder) for nominated two-year-old and three-year-old horse’s first win.

Four-year-old horses are rewarded with a $3000 bonus for their maiden win ($2,250 for the owner and $750 for the breeder).

Owners and breeders are eligible for an additional $3000 and $1000 bonus respectively for non-maiden horses winning additional specified two-year-old and three-year-old races.

Winning owners of specified two-year-old and three-year-old races will have the option of converting their $3,000 cash bonus into a $6,000 sale credit to be utilised at the Tasmanian Magic Millions Yearling Sale.