Log in to my account Barrel Horse World
Come on in Folks on-line

Today is

You are logged in as a guest. Logon or register an account to access more features.


Future Fortunes Question

Jump to page :
Last activity 2014-04-04 9:21 AM
3 replies, 8237 views

View previous thread :: View next thread
   General Discussion -> Barrel Talk
Refresh
 
RodeoRider97
Reg. Oct 2011
Posted 2014-04-03 6:11 PM
Subject: Future Fortunes Question



Veteran


Posts: 193
100252525
Location: USA
I seen another post on here about it but can't seem to find it. I was just wanting to know what it's all about. How does it work? And do people buy future fortune horses that are paid in full as trained 2yr olds? Also, what exactly does pay in full mean?

Thank you
↑ Top ↓ Bottom
wyoming barrel racer
Reg. Apr 2006
Posted 2014-04-03 9:53 PM
Subject: RE: Future Fortunes Question


Military family

Neat Freak


Posts: 11216
500050001000100100
Location: Wonderful Wyoming
As a breeder or buyer of a foal that is by a FF paid in stallion, you can pay the foal in, nominate for $150 and pay him in full. Or they can just pay a little bit I think (don't quote me on that). The price increases a lot each yr they are not paid in so if you wait until they are 2+ it is A LOT. People sometimes only by FF eligible horses because they are eligible for extra money at a lot of futurities and barrel races. 
↑ Top ↓ Bottom
Wrapn3inAK
Reg. Nov 2007
Posted 2014-04-04 12:42 AM
Subject: RE: Future Fortunes Question


Extreme Veteran


Posts: 437
10010010010025
Go to  http://www.futurefortunesinc.com/ that is the whole enchalida! 
↑ Top ↓ Bottom
Runnin < C >
Reg. Aug 2006
Posted 2014-04-04 9:21 AM
Subject: RE: Future Fortunes Question



Canine Carryout Queen


500050002000100100252525
Location: Oklahoma
 What they said.... $150 as a wealing, $250 as a yearling ... breeder gets 20% of all FF money won, stallion owner 10% and the owner of horse gets 70%.  They are paying out over $500,000 cash next year alone ... We only do FF colts.  (with the exception we have one rebreed to use on a race stallion for this year -- after that - only FF stallions)

Rules

MONEY DISTRIBUTION

 

  1. All nomination fees will become part of the “bonus reward money” purse and distributed pursuant to these rules.
  2. 80% of all nomination fees received will be held by Future Fortunes, Inc. for distribution as bonus reward money. 20% of all nomination fees shall be deducted when received as an office charge by Future Fortunes, Inc. for promotion and administering the program. Any interest earned on bonus reward money shall be retained by Future Fortunes, Inc.
  3. Foal nomination fees will be held and distributed as bonus reward money on the foal's 5-year old year. Stallion nomination fees will be distributed as bonus reward money the year of the stallion's enrollment.
  4. Bonus reward money will be distributed as follows:
    • 70% to Owner of nominated foal
    • 20% to Breeder
    • 10% to Stallion Nominator
  5. Winners of bonus reward money will be posted on the Future Fortunes website. Owner distributions will be available approximately two weeks after the event producer gets full results to the Future Fortunes office. Breeder and Stallion distributions will be available at the end of the applicable year. It is the responsibility of the bonus reward money winner to provide Future Fortunes, Inc., with his current address and tax information before any distributions are made. Any bonus reward money not claimed by July 1 of the year after it was earned is forfeited by the winner and will be added to the following year’s purse.
GENERAL RULES

 

  1. Future Fortunes reserves the right to refuse any foal nomination.
  2. All disputes arising out of the application or interpretation of any rules or conditions of the FUTURE FORTUNES STALLION INCENTIVE Program shall be decided by FUTURE FORTUNES, Inc.
  3. FUTURE FORTUNES, Inc. reserves the right to alter the conditions of all or part of the Incentive fund program as it, in its sole discretion, FUTURE FORTUNES, Inc. may cancel the program at any time and refund money, excluding interest, if it deems participation is insufficient to justify the program.
  4. A current listing of all eligible foals that have supplied the Future Fortunes office with a copy of their registration papers will be on FUTURE FORTUNES, Inc. web site.
  5. For a FUTURE FORTUNES foal to be eligible for Bonus Money:
    • On entry form, designate FF horse and use horse's registered name
    • Supply copy of horse's papers showing current owner with each entry
    • Have current address and SS# on file with FF office
  6. A Future Fortunes sticker on a foal's registration papers does not guarantee that a foal is paid in full to the program. Please contact the Future Fortunes office for verification of payment.
FUTURITY COMPETITION

 

  1. A rider can ride more than one FUTURE FORTUNES Foal in a futurity event. FUTURE FORTUNES bonus money will be paid on a sweepstakes format (beginning in 2008) to the rider's highest two (2) money earning Future Fortunes horses in each go and the average.
  2. Foal must be 5 years of age or under and never have competed in a barrel race prior to December 1st of the previous year.
  3. At BFA World Championship World Futurity, 4 year old foals must run in World Championship Futurity and futurity eligible 5 year old foals must compete in the 2D Derby. (Note: Futurity entries must be paid by Sept 15 and Derby entries must be paid by Oct 15.)
OPEN COMPETITION

 

  1. Any FUTURE FORTUNES horse can be eligible for FUTURE FORTUNES bonus money at open events, regardless of age.
  2. FUTURE FORTUNES bonus money will be paid on one run (Saturday competition) and will be paid on a 4D format based on the time of the fastest FUTURE FORTUNES eligible foal with ½ second splits between each division.
  3. To be eligible for Future Fortunes Bonus Money, refer to rule #4 under General Rules
  4. Contestants must provide the horse's registered name and a copy of the horse's papers, and must designate on the event's entry form that they are competing on a Future Fortunes horse.
  5. A rider can ride more than one FUTURE FORTUNES Foal in an open event. FUTURE FORTUNES bonus money will be paid to the rider's highest MONEY earning two (2) FUTURE FORTUNES foals.
Payment Schedule-Weanlings only

 

TO NOMINATE:

 

  • $50-due by Dec 1 of weanling year OR pay in full for a one time fee of $150.
TO SUSTAIN:

 

  • $50-due by Dec 1 of yearling year OR can Pay in Full for a one time fee of $150.
  • $50-due by Dec 1 of 2-year-old year.
  • $50-due by Dec 1 of 3-year-old year.
  • $50-due by Jan 1 of 4-year-old year.
  • $50-due by Jan 1 of 5-year-old year
  • $50 late fee. Must be paid before next scheduled payment. Any missed payments will result in being dropped from the program. No refunds.

Foals out of 2013 Future Fortunes Stallions that were not nominated as weanlings can still enroll by making the following one time payment no later than Dec 1, 2014.

 

  • 2013 Foals - $250
  • 2012 Foals - $1500
  • 2011 Foals - $2500

All foals, yearlings and older, out of newly enrolled 2014 Future Fortunes Stallions can be grandfathered into program for a one-time fee of $200 due no later than Dec 1, 2014.

 

STALLION RULES

 

  1. Future Fortunes reserves the right to refuse any stallion nomination.
  2. Future Fortunes is a limited Stallion incentive program. The program is currently full. Stallions are placed on a waiting list in the order in which they are received. To be placed on the waiting list, send an e-mail to [email protected].
  3. Currently enrolled stallions must be renominated annually to remain in the program. Deadline for stallion re-nomination is June 15. Nomination must include first payment. Final must be received no later than September 15. Failure to meet nomination and payment deadlines will result in forfeiture of nomination and any fees.
  4. Stallion nominator must be the registered owner of the stallion at time of nomination. All stallion prize money will be paid to the last recorded stallion nominator.
  5. All disputes arising out of the application or interpretation of any rules or conditions of the FUTURE FORTUNES STALLION INCENTIVE Program shall be decided by FUTURE FORTUNES, Inc.
  6. FUTURE FORTUNES, Inc. reserves the right to alter the conditions of all or part of the Incentive fund program as it, in its sole discretion, FUTURE FORTUNES, Inc. may cancel the program at any time and refund money for 5 year olds and under, excluding interest, if it deems participation is insufficient to justify the program.
↑ Top ↓ Bottom
Jump to page :
Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread
 

© Copyright 2002- BarrelHorseWorld.com All rights reserved including digital rights

Support - Contact / Log in to my account


Working Truck World Working Horse World Cargo Trailer World Horse Trailer World Roping Horse World
'
Registered to: Barrel Horse World
(Delete all cookies set by this site)
Running MegaBBS ASP Forum Software
© 2002-2026 PD9 Software