Redistribution of Stakes

The Association put forward a number of options such as float rebates, fuel cards and redistribution of Stakes.

We believe that HRV needs to redistribute stakes on an interim basis to assist all owners as well as outlying Clubs to maintain full fields and maximise betting turnover.

The Association proposal is that from January 1 2006 HRV redistribute stakes on the following basis 67% 13% 9% 4% and 1% to all other runners. This would assist all owners’ will the costs of travelling since a 33% increase in fuel prices has occurred since January 2005.