Prizemoney
The VLCC pays out prizemoney based on a "per capita" basis - i.e., the more competitors in your Grade or Division, the higher the number of places. As a general rule, a 30% pay-out ratio is used for Graded Scratch Races, whilst for Handicap events it is 25%.
For Handicap events, additional prizemoney is paid out for:
Division 1:
- Fastest Time
- First Unplaced Over 60
Division 2:
- Fastest Time
- First Unplaced Over 70
- First Unplaced Lady
Note: For the "First Unplaced" prizes to be paid, there must be a minimum of 3 members competing in that category.
Rules re Unclaimed Prizemoney:
1. Must be collected by you, in person, at the Club - i.e., will not be given to a representative.
2. Prizemoney not collected within 90 days will be forfeited (to General Revenue of the Club)
3. Prizemoney cannot be used to pay for nomination fees or club merchandise.
4. Unclaimed Prizemoney table updated each week, and available for viewing under "Online Payments" in Members area (must be logged in)
5. Once forfeiture date reached, unclaimed prizemoney is forfeited.
Anyone with difficulties logging into the site should:
1. Request a new password, or very email address by clicking on the "Forgot login?" link on the login page.
2. If that fails, then email
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.
It is up to each member to retrieve any unclaimed prizemoney from the Club. Due to the administrative burdens involved, cheques are not issued, nor are payments made via BSB transfer. All claims must be made in person at the Club.
Regular news articles about the unclaimed prizemoney register WILL NOT BE PROVIDED. Once a member of the VLCC, you are encouraged to become familiar with logging into the site, and visiting the Member only area where this information is stored.
