"For me, the reward is the sense of joy and fulfilment you give to your owners and supporters. It is validation of hard work".

- Jason Bridgman

How is prizemoney distributed?

Prizemoney is distributed to owners, jockeys and trainers when a horse is entitled to a payment. This includes both an outright win, a placing (2nd or 3rd) and in some races, prizemoney can trickle down to 10th place, such as the Melbourne Cup. At the conclussion of your race, your horse may be subject to race day testing and your prizemoney may not be paid out until your horse's sample is cleared. For more information relating to Racing Victoria's prizemoney payments and payout dates, please view the Racing Victoria website here.

Resale Value

There are several options to resell your thoroughbred either during or after their racing careers. Australia has a booming breeding industry that stands impressive race track performers like Pierro, All Too Hard and Zoustar. Top-performing colts with a pedigree are often sold for millions to stand at stud once their careers are over.
Fillies and mares often have residual value, meaning they retain their value as broodmare
prospects. The highest amount paid for a thoroughbred at auction in Australia in 2016 was $3.4 million for proven broodmare Listen Here, the dam of Deep Field and Shooting To Win.
There is also a lucrative Asian market for young gallopers with 1600 exported in the 2014-15
season, mostly to Singapore and Hong Kong.


The Super VOBIS initiative in Victoria offers bonuses of up to $30,000 per race. These bonuses are offered to nominated horses racing across all locations within Victoria. It has an annual funding pool of $20 million, providing great incentive for owners and trainers to purchase, train and race horses bred in Victoria. To find out more information on Super VOBIS, please visit the Owner Website here.


VOBIS Gold is Racing Victoria’s (RV) owners’ incentive scheme, designed to reward owners who race and invest in Victorian bloodstock. During the 2017/18 racing season, eligible owners were given the chance to share in more than $8.5 million in dedicated VOBIS Gold prizemoney and additional bonuses across 250 VOBIS Gold bonus races. To find out more about the VOBIS Gold scheme, please click here. To view a list of VOBIS Gold races, please click here.


New in the VOBIS scheme, is VOBIS Sires, which gives opportunity to the progeny of a VOBIS Sires-nominated stallion. A total of 54 stallions were nominated to the VOBIS Sires program during 2015, meaning all their 2016-born progeny – provided they are VOBIS Gold and Super VOBIS nominated – will be eligible to compete for the inaugural 'Showdown' race in 2019. ‘The Showdown’ – a landmark $1 million two-year-old race to be staged at Caulfield Racecourse in April 2019 is a 1200m event, to be run exclusively for the progeny of VOBIS Sires’ nominated stallions. To find out more about the VOBIS Sires scheme, please click here.


To get started in horse ownership, Bridgman Racing have put together a guide to help you with all the relevant information and advice on becoming an owner for the first time.


When it comes to purchasing a horse for the first time, Jason can purchase a horse for you or offer you shares in young horses that are already a part of the Bridgman Racing team.


At Bridgman Racing, your horse will be put through a thorough education and training program to prepare them for racing. Once racing, they are carefully managed throughout their career.


Record prize money in Australia and the lucrative VOBIS incentive scheme mean there are benefits and privileges to gain in Victoria just by being an owner.