RACING INNOVATION

Taranaki Daily News, Volume LIV, Issue 58, 28 August 1911, Page 2

RACING INNOVATION

STAKE MONEY TO BE ON MORE EQUITABLE BASIS.

At the annual meeting of the Manawatu Racing Club last week Mr. R. S. Abraham brought up a question that has for some time .past been a subject for discussion among racing men, not only in this Dominion, but in Australia, namely, the unequal division of stake money between placed horses. Mr. Abraham said that it Ava.s a subject he had given a lot of attention to, and he was certainly of opinion that there should be a more equal allocation of prize money than now. Very frequently the top weight in a race would put up a most meritorious performance, and in running, say, third, would put up a much better performance than « light-weighted winner, and yet the top weight would secure but a beggarly pittance of the total stake. With the object of putting matters on a more equitable basis, he moved that it be a recommendation to the committee to allocate stakes in the proportion of 4-7ths to the first horse, 2-7ths to the second, .incl l-7th to the third.—The motion was seconded by Mr. McKewen and carried. but the opinion was expressed by the meeting that the experiment should be tried with one or two races for a start, rather than with the whole programme.