What Is BOBS
The Racing NSW Breeder Owner Bonus Scheme (BOBS)
has been operating since 2003. In the 2014-15 racing season over $9.63 million was paid out in cash bonuses and Double-Up vouchers, bringing the total since the scheme’s inception to over $100 million.
To be eligible for BOBS a racehorse must be sired by a NSW-based stallion for which the Stallion Nomination Fee has been paid (see Sires List on the website). That stallion’s progeny may then be advertised or sold as weanlings or yearlings as “BOBS eligible.”
Owners are then required to nominate the horse for a fee of $990. This is done when the horse is about to turn two-years-old or has just done so. Your horse can then win a bonus payment of up to $20,000 for each win on NSW track (except Group and Listed races) during its 2YO and 3YO racing career.
BOBS Extra is an exciting extension to the scheme which was introduced in 2010. BOBS Extra nominated horses can win bonuses of up to $20,000 through winning events 1800-metres and longer, from the day the horse turns four-years-old until the date of its retirement. As with BOBS, Group and Listed races are excluded.
BOBS Extra makes horse ownership more attractive throughout NSW by providing more opportunities and bonuses for owners prepared to show patience with slow maturing horses. It will balance our breeding industry and strengthen middle-distance and staying competition.
Horses which turn two on August 1, 2016 may be nominated for BOBS Extra for a fee of $840, in addition to the BOBS fee of $990. BOBS Extra is optional, but a horse cannot be nominated for BOBS Extra without being paid up for BOBS (total $1,830).
There is no late nominations fee for BOBS Extra.
Racing NSW has led the way with a unique concept allowing owners who win a BOBS bonus to double its value.
The owner(s) of a BOBS nominated horse which wins in NSW may take the cash bonus – or elect to get twice its value by taking a “Double-Up” Voucher.
In season 2014-15, over $2.6 million was paid out in Double-Up vouchers.
The Voucher can then be used for the purchase of a BOBS eligible horse or a share in a syndicated BOBS eligible horse at a Yearling or Ready to Run sale conducted by a participating Sales Company (Magic Millions, William Inglis, Peter Milling Bloodstock, Brisbane Bloodstock or NZ Bloodstock).
From July 1 2014, BOBS Double Up vouchers can also be used to pay for stallion service fees to registered BOBS eligible sires. Conditions apply.
The Voucher can also be used at a “Ready-to-Run” sale so long as the horse is BOBS-eligible and unraced, and at a Dispersal Sale if the horse is BOBS-eligible, unraced and was not purchased originally through the use of a Double-Up voucher.
BOBS Double Up vouchers cannot be used to purchase a weanling or a broodmare.
The voucher may be used only by the individual owner concerned and cannot be traded to a third party. Syndicate managers may not Double-Up on behalf of the syndicate as a whole – each syndicate member must make an individual claim.
BOBS Double-Up (Stallions)
From July 1, 2014 BOBS Double Up vouchers can also be used for stallion service fee payments for participating NSW based stallions.
The stud must be registered for the program and the stallion must be BOBS nominated.
Note: Clause 40d of the terms and conditions in respect to commercial breeding operations.
Participating Double Up Stallions
Racing NSW has announced the expansion to the hugely successful Breeders Owners Bonus Scheme (BOBS).
From 1 January, 2014 Racing NSW will pay a 2.5% BOBS Bonus to the registered breeder (as set out in the Australian Stud Book) of any horse who wins a BOBS or BOBS Extra bonus
As an example, the registered breeder of a broodmare whose BOBS nominated progeny are successful at a Saturday metropolitan race meeting will receive a $500 BOBS bonus. Payments will be made at the same percentage rate of the BOBS bonus across all races in NSW excluding Group and Listed races.
In order to receive this bonus, the registered breeder must complete a BOBS Mare Bonus form within 6 months of the date of the horse/s win.