TRAINING COST
The costs of training and educating race horses at the Singapore Turf
Club are capped at $2,400. Additional charges include entry fees for
races and veterinary bills.
REWARD Incentive Scheme
Singapore based horse owners are charged the entry fee for their
runners. To help lower the cost of keeping racehorses, The Singapore
Turf Club have created a REWARD incentive scheme in the form of a
‘credit rebate’ where by $750.00 will credited to the trainer due to the
owner if his horse meets the qualifying criteria. (Look at Fig 1.)
The credit rebate will be deducted from the total training bill and the
owner will only be billed the balance of the monthly training bill.
Statistically, with the implementation of this scheme for horses up and
racing, Singapore is one of the cheapest places in the world to train a race
horse.
The qualifying criteria for horses under the REWARD incentive
scheme is as follows:
|
Number of Starters |
Qualifying Horses |
| 10 or less
starters. |
All except
1st and last placing |
| 11 or more
starters. |
All except
1st and last 2 placings |
Fig 1. |