NYRA offers $1 million to Japan-based Belmont Stakes winner

[asudevil]

"IF this was part of some cooperative exchange it would be awesome instead it panders to Lanni types."

Didn't understand that line. Can you explain it?

Thanks.

[Alabama Stakes]

If NYRA got a million dollars to throw around on a bonus like this, why didn't they get up a little money and keep the NYRA channel going in the city ?

[freddymo]

Originally Posted by Alabama Stakes

If NYRA got a million dollars to throw around on a bonus like this, why didn't they get up a little money and keep the NYRA channel going in the city ?

More likely then not they will buy an insurance policy and just be liable for the premium? At least I think that will be the strategy? I dont think they are expecting to pay out more then the insurance premium.

[freddymo]

Originally Posted by asudevil

"IF this was part of some cooperative exchange it would be awesome instead it panders to Lanni types."

Didn't understand that line. Can you explain it?

Thanks.

Basically if this was a reciprocal arrangement with Japan and they were enticing some of our horses to freely race in their stakes it would be a cool gesture. Effectively NYRA is looking to spice up Belmont, especially in Japan, with some colt from there..

[RolloTomasi]

Originally Posted by freddymo

Basically if this was a reciprocal arrangement with Japan and they were enticing some of our horses to freely race in their stakes it would be a cool gesture. Effectively NYRA is looking to spice up Belmont, especially in Japan, with some colt from there..

What are the actual conditions? What if a bloodstock agent was able to get a client like Baffert or whoever to a Japanese-based colt and then keep the horse in the States post-Belmont? Does that qualify for the bonus?

I'm sure people were trying to buy Casino Drive while he was in NY leading up to the Belmont, especially with that pedigree (Better Than Honour, half to 2 Belmont winners).

[freddymo]

Originally Posted by RolloTomasi

What are the actual conditions? What if a bloodstock agent was able to get a client like Baffert or whoever to a Japanese-based colt and then keep the horse in the States post-Belmont? Does that qualify for the bonus?

I'm sure people were trying to buy Casino Drive while he was in NY leading up to the Belmont, especially with that pedigree (Better Than Honour, half to 2 Belmont winners).

With mad respect... you went with Casino Drive? OK who is next AP's sibling.. Its a farce they dont NEED to have Jap runners Belmont day IF they deem it inappropriate or unworthy of 1.5 mi and a classic title.. Let Mark Hennig run some 90+ BSF in a dopey allowance race for 400K and get back to me

[Max]

Why not offer the bonus to a NY bred?

[SundayStar]

Originally Posted by Max

Why not offer the bonus to a NY bred?

the reason they're offering the bonus to a Japanese based horse is because they are expecting a large increase in handle from Japanese fans/punters if one of their horses makes it there. The Japanese have a history of following their horses around the world and betting large sums on them.