New Posts For Thread: The insanity of paying millions for yearlingshttps://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlingsdeep impact's stud fee is 230k euro, tapit is 300k usd, galileo probably 300k euro...........so based on this whats the most amount a yearling should fetch at the sales?............should we double the fee & add a bit more............so maybe one couI agree that paying more than a million for a yearling colt is imprudent. I think there is a strong element of "willy waving" involved, where the very rich want to be seen to be serious players. Another point is that they expect most of the purchaseshttps://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549969099#549969099I agree that paying more than a million for a yearling colt is imprudent. I think there is a strong element of "willy waving" involved, where the very rich want to be seen to be serious players. Another point is that they expect most of the purchasesMon, 19 Sep 2016 08:05:58 -0500He is a good example he is one of the Storm Cats who you said amounted to nothing.https://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549967951#549967951He is a good example he is one of the Storm Cats who you said amounted to nothing.Mon, 19 Sep 2016 03:04:47 -0500van nistlerooy was a group 2 winner...........he is not a good example..........this 3m yearling by scat daddy will probably win a maiden but thats it.....the chances that he will win a g1 are probably 50/1https://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549940743#549940743van nistlerooy was a group 2 winner...........he is not a good example..........this 3m yearling by scat daddy will probably win a maiden but thats it.....the chances that he will win a g1 are probably 50/1Fri, 16 Sep 2016 10:07:55 -0500If you take a horse like Van Nistelrooy who they paid $6.4m for that on racecourse evidence seems a waste.If we factor in his stud fees he earned for them and lease rights plus final sale he returned a healthy profit.Your stud fee also does not takehttps://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549939973#549939973If you take a horse like Van Nistelrooy who they paid $6.4m for that on racecourse evidence seems a waste.If we factor in his stud fees he earned for them and lease rights plus final sale he returned a healthy profit.Your stud fee also does not takeFri, 16 Sep 2016 08:50:13 -0500I feel they would be happier paying £1,500,000 for a horse instead of £5,000 for the same horse.https://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549939627#549939627I feel they would be happier paying £1,500,000 for a horse instead of £5,000 for the same horse.Fri, 16 Sep 2016 08:15:05 -0500It has happened down the years since Sangster and others started hoovering up all of the best yearlings. Godolphin and Qatar are criticized for buying proven horses but they probably get better value for a million spent on an unbeaten 2yo than they whttps://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549938089#549938089It has happened down the years since Sangster and others started hoovering up all of the best yearlings. Godolphin and Qatar are criticized for buying proven horses but they probably get better value for a million spent on an unbeaten 2yo than they wFri, 16 Sep 2016 05:39:43 -0500fear of missing out or FOMO!https://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549937923#549937923fear of missing out or FOMO!Fri, 16 Sep 2016 04:53:12 -0500deep impact's stud fee is 230k euro, tapit is 300k usd, galileo probably 300k euro...........so based on this whats the most amount a yearling should fetch at the sales?............should we double the fee & add a bit more............so maybe one couhttps://community.betfair.com/bloodstock__breeding/go/thread/view/94018/30734259/the-insanity-of-paying-millions-for-yearlings?post_id=549937417#549937417deep impact's stud fee is 230k euro, tapit is 300k usd, galileo probably 300k euro...........so based on this whats the most amount a yearling should fetch at the sales?............should we double the fee & add a bit more............so maybe one couThu, 15 Sep 2016 23:19:34 -0500