shaneMcAlister

Have you been to Forbury in recent times ? . I had a bit of a go at facilities at Riccarton a few days back but honestly Riccarton is real  luxury compared to Forbury . Not sure what other posters  think of the place but I went when in town for rugby with a a group mates  a few years back , we lasted three races . Without doubt the worst racing facility I've ever been to in my whole life bar none .To go from Forbury , next night to that excellent stadium was like time travel.

Not in NZ that's for sure

True but simulcast you just get what you get ,it is what it is.

Cost to a club would be:
No of operated terminals x 8 hours x close to minimum wage
Plus cost for the operating company (company that organises it for the club).  
Costs for an industry day about $2K, costs for a large premier day up to $20K

I would love to know how RITA manage $4.1M costs to run these terminals when clubs pay wages for staff on the day.

Understand,  I was referring to BBB post in general. 

Well he's managed to overcome that handicap very successfully !!!

Correct, this thread was about how decisions that seem to make sense based on numbers but numbers do not tell the full story.  
 
A woman was told she only had 6 months to live.
“Oh my God!” said the woman. “What shall I do?”
“Marry an accountant,” suggested the doctor.
“Why?” asked the woman. “Will that make me live longer?”
“No,” replied the doctor. “But it will SEEM longer.

Correct, this thread was about how decisions that seem to make sense based on numbers but numbers do not tell the full story.  
 
A woman was told she only had 6 months to live.
“Oh my God!” said the woman. “What shall I do?”
“Marry an accountant,” suggested the doctor.
“Why?” asked the woman. “Will that make me live longer?”
“No,” replied the doctor. “But it will SEEM longer.

Hi Pottsie
This is not meant as a personal attack on accountants.  What I am getting at is that a spreadsheet might say that face to face terminals are not profitable (I still can't understand $4.1M Rita cost) however it does not show the true value.  Raceform is not profitable but I still think it is needed.

Hi Pottsie
This is not meant as a personal attack on accountants.  What I am getting at is that a spreadsheet might say that face to face terminals are not profitable (I still can't understand $4.1M Rita cost) however it does not show the true value.  Raceform is not profitable but I still think it is needed.

Bernard Saundry discussed on his facebook live forum (thank you for these Loveracing and Bernard) the reason behind the removal of Face to Face betting.
The accountants had come up with the below calculation:
Face to face betting terminals turned over $30M.  16% of this meant revenue of $4.8M.   Cost to Rita to run these terminals is $4.1M and the costs to clubs for wages is $1M.  So effectively a loss of $300K.  The accountants say we can't continue like this, losing money.  However this is where accountants have a very limited view and don't consider the below:
How the fcuk can it cost Rita $4.1M to run the oncourse terminals when they don't pay on course wages?  Can this cost not be reduced? Taking these away from clubs will severely reduce the oncourse experience for the big days with their once a year crowds.  Clubs need a big day every year. Do most punters not start by having a little oncourse flutter? Did we analyse if some days are profitable and some are not?  Maybe just face to face betting on weekends or Premier days?  
 
 

Hi Pottsie
This is not meant as a personal attack on accountants.  What I am getting at is that a spreadsheet might say that face to face terminals are not profitable (I still can't understand $4.1M Rita cost) however it does not show the true value.  Raceform is not profitable but I still think it is needed.

RIP Mrs Cubes, thoughts and condolences to all the family

Quoting numbers like this in isolation is the very reason we as an industry are in so much trouble, vision less leadership!
Punters go on course use the SST's have a horrible experience don't bother going back, therefore don't spend money on buying tables,booze,food, entrance fees that all assist the club. Don't get interested in race horse ownership, don't learn about breeding etc etc etc.
SST too hard , time consuming and complicated to use so patrons don't bother, therefore they don't learn what a Quaddie is, what a First4 is  and E/W etc etc, they are embarrassed to ask think its too hard so they just plain stay away from learning about punting as its seen as being just too hard work.
They need to find a balance , even if its just a couple of on course operators.

Bernard Saundry discussed on his facebook live forum (thank you for these Loveracing and Bernard) the reason behind the removal of Face to Face betting.
The accountants had come up with the below calculation:
Face to face betting terminals turned over $30M.  16% of this meant revenue of $4.8M.   Cost to Rita to run these terminals is $4.1M and the costs to clubs for wages is $1M.  So effectively a loss of $300K.  The accountants say we can't continue like this, losing money.  However this is where accountants have a very limited view and don't consider the below:
How the fcuk can it cost Rita $4.1M to run the oncourse terminals when they don't pay on course wages?  Can this cost not be reduced? Taking these away from clubs will severely reduce the oncourse experience for the big days with their once a year crowds.  Clubs need a big day every year. Do most punters not start by having a little oncourse flutter? Did we analyse if some days are profitable and some are not?  Maybe just face to face betting on weekends or Premier days?  
 
 

Bernard Saundry discussed on his facebook live forum (thank you for these Loveracing and Bernard) the reason behind the removal of Face to Face betting.
The accountants had come up with the below calculation:
Face to face betting terminals turned over $30M.  16% of this meant revenue of $4.8M.   Cost to Rita to run these terminals is $4.1M and the costs to clubs for wages is $1M.  So effectively a loss of $300K.  The accountants say we can't continue like this, losing money.  However this is where accountants have a very limited view and don't consider the below:
How the fcuk can it cost Rita $4.1M to run the oncourse terminals when they don't pay on course wages?  Can this cost not be reduced? Taking these away from clubs will severely reduce the oncourse experience for the big days with their once a year crowds.  Clubs need a big day every year. Do most punters not start by having a little oncourse flutter? Did we analyse if some days are profitable and some are not?  Maybe just face to face betting on weekends or Premier days?  
 
 

Bernard Saundry discussed on his facebook live forum (thank you for these Loveracing and Bernard) the reason behind the removal of Face to Face betting.
The accountants had come up with the below calculation:
Face to face betting terminals turned over $30M.  16% of this meant revenue of $4.8M.   Cost to Rita to run these terminals is $4.1M and the costs to clubs for wages is $1M.  So effectively a loss of $300K.  The accountants say we can't continue like this, losing money.  However this is where accountants have a very limited view and don't consider the below:
How the fcuk can it cost Rita $4.1M to run the oncourse terminals when they don't pay on course wages?  Can this cost not be reduced? Taking these away from clubs will severely reduce the oncourse experience for the big days with their once a year crowds.  Clubs need a big day every year. Do most punters not start by having a little oncourse flutter? Did we analyse if some days are profitable and some are not?  Maybe just face to face betting on weekends or Premier days?  
 
 

Bernard Saundry discussed on his facebook live forum (thank you for these Loveracing and Bernard) the reason behind the removal of Face to Face betting.
The accountants had come up with the below calculation:
Face to face betting terminals turned over $30M.  16% of this meant revenue of $4.8M.   Cost to Rita to run these terminals is $4.1M and the costs to clubs for wages is $1M.  So effectively a loss of $300K.  The accountants say we can't continue like this, losing money.  However this is where accountants have a very limited view and don't consider the below:
How the fcuk can it cost Rita $4.1M to run the oncourse terminals when they don't pay on course wages?  Can this cost not be reduced? Taking these away from clubs will severely reduce the oncourse experience for the big days with their once a year crowds.  Clubs need a big day every year. Do most punters not start by having a little oncourse flutter? Did we analyse if some days are profitable and some are not?  Maybe just face to face betting on weekends or Premier days?  
 
 

Bernard Saundry discussed on his facebook live forum (thank you for these Loveracing and Bernard) the reason behind the removal of Face to Face betting.
The accountants had come up with the below calculation:
Face to face betting terminals turned over $30M.  16% of this meant revenue of $4.8M.   Cost to Rita to run these terminals is $4.1M and the costs to clubs for wages is $1M.  So effectively a loss of $300K.  The accountants say we can't continue like this, losing money.  However this is where accountants have a very limited view and don't consider the below:
How the fcuk can it cost Rita $4.1M to run the oncourse terminals when they don't pay on course wages?  Can this cost not be reduced? Taking these away from clubs will severely reduce the oncourse experience for the big days with their once a year crowds.  Clubs need a big day every year. Do most punters not start by having a little oncourse flutter? Did we analyse if some days are profitable and some are not?  Maybe just face to face betting on weekends or Premier days?  
 
 

It looks like things are being sorted out because NZB Airfreight are saying they hope to be back freighting horses across the Tasman in a week or so. Great news for all concerned.
On thing they note, that seemed to help, was the very good tracing available from the Cambridge Stud systems.
https://www.nzb.co.nz/news.cfm?content_id=184019
 

$23M comes from (Cost of track $10M and RITA admin charge $13M)  

Divided we stand, united we fall

I would love to see some acknowledgement from RITA that the site is not performing as they envisioned.  
Some people seem to think ipads around the place will be a solution, however you can not have people logging in and out all day...
The self service terminals are hit and miss with what notes they accept.  

This is a major concern.  I am on the board at Counties and the way things are at present for our Cup day:
There will be no oncourse presenters (not a top 20 race meeting) There will be no oncourse terminal operators.  I can guarantee that those that turn up once a year will not be aware of this.  It will be a sh1t fight.