For the third consecutive year, the UBBI hosted it’s Ante Up Futurity in Palestine, Texas on March 5th. This event also featured the first of a 6 UBBI Youth Futurity competitions. The event attracted 48 open and 47 youth entries.
“The Ante Up Futurity was developed to offer an “increased” entry fee and a larger pay-back for our UBBI members,” stated Randy Schmutz, general manager of the UBBI. “Ante Up entry fees were doubled from our normal $450 fee to $900, and each Ante Up event has paid back 65%!”
In 2014, the first Ante Up Futurity attracted 54 entries and paid back $6,950. In 2015, entry numbers fell to 37 and in 2016 entry numbers fell even lower.
“I believe the data proves that the majority of our members are more willing to risk less and enter more bulls into our competitions. In other words, a lower entry fee creates more participation,” explained Schmutz. “I also believe that the increased number of bucking bull events and places to compete has added to the decrease in entry numbers. Increasing the entry fee to $900 has obviously kept some folks from entering, so we decided to lower the entry fee in 2016 to $500.”
Entry fees were lowered and the entry deadline was extended and ultimately we had 48 bulls entered. After entries closed, the UBBI staff learned that a number of members got together and decided to raise some additional money for the Ante Up purse. Their motivation was to reward those who decided to participate at this year’s Ante Up event instead of choosing to enter and compete elsewhere. Ultimately those members raised and donated an additional $5,000 to the purse! The additional $5,000 was added to the purse and paid back 100%!
“It’s no secret there are more places and more opportunities to compete with bulls than there ever has been,” stated Jimmy Ray, co-owner of the UBBI. “It was a bit overwhelming to see a group of our members take it upon themselves to help increase the purse and add $5,000! But it also shows how important the UBBI is to them! And we wanna especially thank those who put this added money together for this event!”
Randy Schmutz explained, “The UBBI has and will always use a portion of the entry fees to pay the bills and produce the events. Without entries our ability to provide these competitions becomes very limited. If members who have supported our events in the past chose to go somewhere else instead and entries continue to decline, the number of events on our schedule will also decline. The UBBI has always maintained a ‘value in return’ policy for what is taken from the member’s entry fee. In other words, that money is used to sustain this organization, rent the venues, provide the equipment, pay for the personnel, provide awards and produce a top notch year-end finals! If what we take equals or surpasses what we provide in return, then we’ve accomplished our goal. But without the member and without the entries, the ability to provide these things greatly diminishes!”
The UBBI enters it’s 6th year in 2016, and from the beginning it’s motto has been “It’s About You the Breeder”, but without the breeder participating there is no UBBI!