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 Mature beyond Years
Posts: 10780
   
Location: North of the 49th Parallel | 
What's the normal payback you guys are paying for at barrel races down south? 70%? |
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 Expert
Posts: 1857
| 80% |
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Rad Dork
Posts: 5218
Location: Oklahoma | I don't think I've seen it at 70% many times around here... usually seems to be 75-80% from what I can remember. |
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 Extreme Veteran
Posts: 434
Location: Northwest Florida | 80%.. I don't think I've seen a 70% that seems a little low. |
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 Elite Veteran
Posts: 695
Location: Missouri | around here 75 - 80% I have not seen anything less than 75% |
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 Own It and Move On
Location: The edge of no where | 80% most places. Min of 75%. |
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Extreme Veteran
Posts: 550
| Some shows with big added money are 70% or 75%, but 80% is more typical. |
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Mature beyond Years
Posts: 10780
Location: North of the 49th Parallel | I ask because there's a largish barrel race that is having a 58% payback.......... |
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Married to a Louie Lover
Posts: 3303
| To me it depends and you have to look deeper
Is there an office fee? Trailer/tie out fee? Etc etc. if I'm getting fee'd to death there better be 80% payback if not better. I won't hesitate to go to one I want to go to that is 70% if there's no additional or minimum additional fees, probably all evens out honestly. |
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Expert
Posts: 1857
| bccanchaser16 - 2016-02-03 2:03 PM
I ask because there's a largish barrel race that is having a 58% payback..........
58%???? what fees are you paying when you enter? |
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Mature beyond Years
Posts: 10780
Location: North of the 49th Parallel | FlyingJT - 2016-02-03 12:19 PM bccanchaser16 - 2016-02-03 2:03 PM I ask because there's a largish barrel race that is having a 58% payback.......... 58%???? what fees are you paying when you enter?
$60 and $35 is going into the pot, $25 being held back. And I'm not planning on going, because there's no way I'd drive 3 hours for 58% payback. I was just curious what the normal is in other places. |
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Extreme Veteran
Posts: 434
Location: Northwest Florida | bccanchaser16 - 2016-02-03 2:03 PM
I ask because there's a largish barrel race that is having a 58% payback..........
Yikes! Where did they come up with that number? Is there a large amount of added money? Is this a benefit for someone or some charity? I've certainly never heard of a payback that low! |
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Expert
Posts: 1857
| bccanchaser16 - 2016-02-03 3:10 PM
FlyingJT - 2016-02-03 12:19 PM bccanchaser16 - 2016-02-03 2:03 PM I ask because there's a largish barrel race that is having a 58% payback.......... 58%???? what fees are you paying when you enter? $60 and $35 is going into the pot, $25 being held back. And I'm not planning on going, because there's no way I'd drive 3 hours for 58% payback. I was just curious what the normal is in other places.
so they are paying 58% of the $35....? They are charging you $30+$14.70 of your $35 and then going to split that between the D's... I wouldn't go either, your paying in $45 dollars only getting back $20per/entry! For smaller races it's usually $30entry + $5 fee, the entire $30 goes in and then 80% is paid back. So that's $11 paid in and $24 back. Bigger races the office fee will be a little higher but the added money is greater and the number of entries is greater. |
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Mature beyond Years
Posts: 10780
Location: North of the 49th Parallel | FlyingJT - 2016-02-03 1:27 PM bccanchaser16 - 2016-02-03 3:10 PM FlyingJT - 2016-02-03 12:19 PM bccanchaser16 - 2016-02-03 2:03 PM I ask because there's a largish barrel race that is having a 58% payback.......... 58%???? what fees are you paying when you enter? $60 and $35 is going into the pot, $25 being held back. And I'm not planning on going, because there's no way I'd drive 3 hours for 58% payback. I was just curious what the normal is in other places. so they are paying 58% of the $35....? They are charging you $30+$14.70 of your $35 and then going to split that between the D's... I wouldn't go either, your paying in $45 dollars only getting back $20per/entry! For smaller races it's usually $30entry + $5 fee, the entire $30 goes in and then 80% is paid back. So that's $11 paid in and $24 back. Bigger races the office fee will be a little higher but the added money is greater and the number of entries is greater.
No 58% of the $60. All I got was a facebook message that just said they are putting $35 into the pot and keeping $25 back, and 58% of 60 works out to $35. Ridiculous either way. |
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Expert
Posts: 1857
| bccanchaser16 - 2016-02-03 3:35 PM
FlyingJT - 2016-02-03 1:27 PM bccanchaser16 - 2016-02-03 3:10 PM FlyingJT - 2016-02-03 12:19 PM bccanchaser16 - 2016-02-03 2:03 PM I ask because there's a largish barrel race that is having a 58% payback.......... 58%???? what fees are you paying when you enter? $60 and $35 is going into the pot, $25 being held back. And I'm not planning on going, because there's no way I'd drive 3 hours for 58% payback. I was just curious what the normal is in other places. so they are paying 58% of the $35....? They are charging you $30+$14.70 of your $35 and then going to split that between the D's... I wouldn't go either, your paying in $45 dollars only getting back $20per/entry! For smaller races it's usually $30entry + $5 fee, the entire $30 goes in and then 80% is paid back. So that's $11 paid in and $24 back. Bigger races the office fee will be a little higher but the added money is greater and the number of entries is greater. No 58% of the $60. All I got was a facebook message that just said they are putting $35 into the pot and keeping $25 back, and 58% of 60 works out to $35. Ridiculous either way.
oh ok, well I would figure it off of the $35 in the pot not the $60. They might be charging you 25 in fees but paying out 100% of the pot. That wouldn't sound to bad to me, especially if it has added money. The 25 is a little high for fees but if they pay 100% of the 35 I would do it. you should ask them what percentage of the pot is being paid back and if there is added money... |
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Location: In my own little world | What are the other fees on top of the entry fee? And is it sanctioned by any association? I do know that some races instead of charging all the misc fees add it all under one title of entry fee rather than segregate it out under office fee, etc. Then the percentage is actually larger but you can't figure it that way as that is not all entry fee if that makes sense.
We have a local deal where the actual entry fee is only $35 but contestants pay $8 for office and coll in fee so rather than realizing it is $35 they think the "entry fee" is $43. If the percent is figured out of the $43 total it is 43% taken out vs 30% coming out of the $35. And 30% is pretty common in the northwest unless they are NBHA races, then it is 20%. |
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 BHW Jr. Cougar of the Year
Posts: 14957
Location: Heart of Texas | Wow! That's insane. It's always 80% around here. I've only seen 75% at benifit races. Which is perfectly fine with me. |
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Location: In my own little world | T-Zip - 2016-02-03 2:51 PM Wow! That's insane. It's always 80% around here. I've only seen 75% at benifit races. Which is perfectly fine with me.
I also think the percentages are larger in the north because it is nothing for you all in the south to get 150 people to a jackpot anytime of the week and we think we have a huge one if we get 50! Our expenses are not any less so therefore the % has to go up to pay for it. Typical arena rental here can be $500. plus tractor etc. |
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Miss Southern Sunshine
Posts: 7427
Location: South Central Florida | Depending on what you mean by "South", I'm in Florida and I have not been to a show that paid more than 70% in a long time (local shows) I wish we still had some that were 80% payback.
Once in a while there are charity shows that do 50% payback, but generally if my daughter goes to one of those, she does not take her good horse.
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 Elite Veteran
Posts: 678
Location: Canada | Our association here is a minimum of 80%. Added money must be 100% and office or admin fees must be declared as separate. |
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