Racing Queensland officials have dismissed claims they are ignoring country racing in a new wagering deal for the code.

RQ is drawing up a broad-range plan for the distribution of the wagering deal which will be worth at least an extra $28 million a year in funding for the industry.

There has been some concern country racing will be disadvantaged but chief executive Darren Condon disagrees.

"When I came into the job I was told we would be lucky to get the same amount as the previous deal and not a penny more," he said.

"We have got considerably more than that and some people still aren't happy."

Condon said the state would continue to run the broadest racing product in the country under the new wagering agreement with Tatts Group.

"We have listened to our participants and it is critical we find the right balance of support for our regional clubs and our metropolitan and carnival products," he said.

He said Queensland ran 291 non-TAB meetings compared to New South Wales' 137 and Victoria's 58 and while critics were comparing Queensland prize money with southern states, they were using the wrong benchmark.

"For instance we have 62 per cent of the population and economy of New South Wales, which gives them access to significantly more funding and wagering turnover," he said.

"Put simply, to achieve the same headline, prize money we would need to run 62 per cent of the number of races.

"Our return to owners was 60 per cent of that of New South Wales prior to the new wagering deal and we will exceed that 62 per cent benchmark this financial year."

Mr Condon said Queensland's market was the most decentralised in Australia with 56 per cent of non-TAB thoroughbred meetings run by Racing Queensland.

"We have to get the balance absolutely right with the new agreement in place and it would be unwise for us to announce initiatives without due diligence and proper consideration," he said.