Frequently Asked Questions:
Q. What can I win with the Thoroughbred Bonus Scheme?
Q. Are the Bonuses for winners only or are they divided among all TBS-qualified placegetters in bonus races?
Q. When are entries taken for TBS?
Q. What will it cost to enter my horse?
Q. Can I enter my horses after they turn two?
Q. Which horses can be nominated for TBS?
Q. How long does my horse remain TBS-qualified?
Q. How do I enter my horse in TBS?
Q. If I nominate my horse(s) for TBS but subsequently lease them and they win a Bonus Race, who will receive the TBS Bonus?
Q. Is there a limit on the number of Bonuses TBS-qualified horses can win?
Q. How are TBS Bonus Races allocated?
Q. Will TBS Bonuses be attached to any Group races in New Zealand?
Q. How will the TBS pool be funded and managed?
Q. Will Nomination Fees be used to fund the cost of administration?
Q. Who will administer TBS?
Q. How do I find out more about TBS?
Q. What can I win with the Thoroughbred Bonus Scheme?
A. Thoroughbred Bonus Scheme (TBS) Bonuses fall into two categories:
Category A Bonus: $15,000
Category B Bonus: $7,500
In most cases, Category A bonuses will be allocated to races run on Saturdays and Public Holidays and Category B bonuses will be allocated to races run on weekdays and Sundays.
Q. Are the Bonuses for winners only or are they divided among all TBS-qualified placegetters in bonus races?
A. Bonuses are paid to the Owners and Trainers of TBS-qualified horses placed 1st, 2nd & 3rd. and to the Nominator of the winning horse.
Nominators receive 10% of the total Bonus, the remaining 90% being paid to the Owners and Trainers on a 70-20-10% split.
Q. When are entries taken for TBS?
A. Horses are entered for TBS after they become yearlings and before they turn two. Entries close each year on 30 April; late entries are accepted up until 31 July each year. Purchasers of two-year-olds from the South Island Sale (usually held in early August) are given a short period of extra time to enter these horses in TBS. Please note that these deadlines are strictly applied.
Q. What will it cost to enter my horse?
A. The entry fee is $1,125 incl GST which must be paid in full by 30 April. The late entry fee of $2,000 incl GST can be paid up to 31 July, the day before the horses officially become two-year-olds.
Q. Can I enter my horses after they turn two?
A. No, the last day on which they can ever be entered for TBS is 31 July - with the sole exception of two-year-olds purchased from the South Island Sale, held in early August.
Q. Which horses can be nominated for TBS?
A.
- Any thoroughbred horse foaled in New Zealand is eligible for entry until it officially turns two years old; and
- Any thoroughbred horse born offshore which is sold at public auction in New Zealand prior to becoming a two-year-old in New Zealand; and
- Any thoroughbred horse conceived in New Zealand but born offshore, provided it is returned to New Zealand before becoming officially one-year-old in New Zealand.
Q. How long does my horse remain TBS-qualified?
A. TBS-qualified horses can compete for bonuses for three seasons, as two-, three- and four-year-olds.
Q. How do I enter my horse in TBS?
A. By sending a completed Nomination Form along with payment by the appropriate date to:
The Administration Officer
NZ Thoroughbred Bonus Scheme
Private Bag 99908
Newmarket
AUCKLAND
Q. If I nominate my horse(s) for TBS but subsequently lease them and they win a Bonus Race, who will receive the TBS Bonus?
A. The lessee(s), that is, the registered raceday owner(s) on the day the race was won, as defined in the NZ Rules of Racing, will receive the Owner’s Bonus.
You, as the Nominator, will receive the Nominator’s Bonus which is 10% of the total Bonus.
NB: Your horse must win the Bonus race for you to receive the Nominator’s Bonus
Q. Is there a limit on the number of bonuses TBS-qualified horses can win?
A. No.
Q. How are TBS Bonus Races allocated?
A. Races are selected by the NZTBS Board of Management in consultation with the regional programming committees and racing clubs throughout the country. Races are scheduled in four-month periods. They are published in the Thoroughbred Racing Monthly (Racing Calendar), and the websites of New Zealand Thoroughbred Racing: www.nzracing.co.nz, the New Zealand Thoroughbred Breeders’ Association: www.nzthoroughbred.co.nz/TBS-Races.aspx and New Zealand Bloodstock Ltd: www.nzb.co.nz
Q. Will TBS Bonuses be attached to any Group races in New Zealand?
A. No - however, bonuses are attached to selected Listed Races.
Q. How will the TBS pool be funded and managed?
A. The pool will be funded by Nomination Fees and a substantial contribution by the New Zealand Racing Board. The NZTBS Board of Management will manage the fund, constantly monitoring the rate of Bonuses won and the corresponding pool levels to ensure a spread of available Bonuses throughout the horses’ three years of eligibility.
Q. Will Nomination Fees be used to fund the cost of administration?
A. No.
Q. Who will administer TBS?
A. NZTR has contracted the NZTBA, which successfully managed the FAMIS scheme for twelve years, to administer TBS for the first two years.
Q. How do I find out more about TBS?
A. Please contact:
Sally Cassels-Brown
The Administration Officer
NZ Thoroughbred Bonus Scheme
Private Bag 99908
Newmarket
AUCKLAND
Ph: (09) 525 2428
Toll Free: 0508 222 202
Email: tbs@nzthoroughbred.co.nz
Or visit:
www.nzthoroughbred.co.nz
www.nzracing.co.nz
www.nzb.co.nz