How Much Can I Win?
In 2010/11, over $33.5M in stakemoney will be distributed to owners across 4,000 races in Victoria.
A basic country race in Victoria is usually worth a minimum of $5,000.
Of course there are also a number of feature races that are conducted in Victoria every year.
Some of the major feature races conducted in Victoria in 2010/11 include:
$425,000 Hunter Cup
$425,000 SEW Eurodrive Victoria Cup
$150,000 Australasian Trotting Championship Final
$310,000 Australasian Breeders Crown 2YO Finals
$200,000 Alabar Victoria Derby Final
For most races conducted in Victoria, stakemoney is distributed between the connections of horses that finish between first and fifth in a particular race. This means that 40 horses on average will earn stakemoney for their connections at each race meeting. Stakemoney for most races is distributed as follows:
1st – 67.5%
2nd – 15.0%
3rd – 10.0%
4th – 5.0%
5th – 2.5%
Of the stakemoney amounts that are won by a horse, the owner will usually receive 87.5%, with the trainer receiving 7.5% and the driver 5.0%.
Eligible Vicbred horses can also race for lucrative bonuses in Victoria. Vicbred eligible horses race for a $5000 bonus when they win their first race in Victoria as a two, three or four-year-old.
There are also other potential revenue streams available from your horses. If a horse that you buy improves, he or she becomes more valuable and that means the possibility of selling at a profit! Or if you decide to breed from mares that you race and then raise their progeny, there is the possibility of turning a profit when you sell their yearlings at the yearling sales.