An innovative development in the BOBS (Breeder Owners Bonus) Scheme was announced yesterday by Peter V'landys, Chief Executive of Racing NSW.

In addition to country non-TAB and Picnic meetings becoming BOBS eligible, from January 1 2005 an owner of a BOBS-eligible horse which wins a race in NSW can either take the cash or 'double up' - that is, take twice the amount of the cash in a voucher which can only be used to buy a BOBS-eligible horse at any yearling sale.

The flow-on effect to the Industry is self-explanatory in terms of longer term support to breeders/vendors but the Scheme also provides commendable alternatives to owners.

The full story can be read on the Racing NSW site. AAP have also picked up the story.