There is currently 1 person viewing this thread.
Having read fallons earlier post this has put me off a little bit. I've got a few grand stashed away in savings and I was looking into buying a syndicate in a horse (Amical Risks)
The wife is telling me to stay clear but i really want to give it a try
Does anyone on here have shares and can give any advice? I'm not expecting to get my money back, but would be interesting. The sport has grown on me over the last few months (with the exception of chase events) lol
The wife is telling me to stay clear but i really want to give it a try
Does anyone on here have shares and can give any advice? I'm not expecting to get my money back, but would be interesting. The sport has grown on me over the last few months (with the exception of chase events) lol
sort by:
Show
per page
Replies: 59
|
By:
if you're considering spending a few grand on a 7yo 1 from 31 class 6 i'd listen to your mrs
|
|
By:
you might be as well off being part of a syndicate. copy this link into your browser
http://www.chasinggold.co.uk/index.htm costs 2k per yr |
|
By:
She's right.
Forget it.unless you like flushing 20's down the toilet. |
|
By:
The people running the syndicates are skimming off a lot of money. If you paid £100 a month they'd pay
£20 towards training fees, farrier, vet etc and keep £80 for themselves ,very similar to what the fatcats at Oxfam do. |
|
By:
its cheaper than syndicates imo. 2k per yr for the below and i suppose its a minimal share in 8 or 9 horses. in a syndicate of say 6 people it would be more expensive than that for 1 horse.
|
|
By:
Barney Curley said youd be quicker burning £50 notes than putting in on a horse. Barney knows what he's talking bout.
|
|
By:
its 1k for 12 shares. The age did put me off a bit, but its ran twice recently at Wolves.
Found it on here www.ownaracehorse.co.uk |
|
By:
its worth looking around, and 1k for a 12th share is an absolute rip off for that horse. there will be much better deals out there....
or buy a greyhound (NAP) |
|
By:
if what elise is sayin about the horse is correct than this lad aint worth 12k, hed be lucky to be sold for half that in a claimer
|
|
By:
you can buy a share in Bring Sweets for free with me
|
|
By:
actually look up koos website. http://www.koos-racing-club.com/krc/
seems very cheep and different prices are on offer |
|
By:
haha greyhound could be a good shout. i only live 2min from the owlerton stadium in sheffield :)
|
|
By:
Agree with Mandeville get a geyhound , they run more often, its a hell of a lot cheaper, they don't get injured
as much and are a lot more affectionate.(when they've finished racing you can take them home) |
|
By:
there must be a lot more than 6 people in that syndicate.
approx 20k per year per horse. 9 horses = 180k per year. divide that between 6 people and each would be paying 30k per year. there are lots of syndicate clubs around now where you pay about £100 per month and syndicates are restricted to between 10 and 20 members. sorry I can't recommend anything as I don't have any inside knowledge of what is good and what is bad. I started in ownership being involved in some of these club syndicates and you do feel like an owner because there are not too many members in the syndicates and you can go along to the course and the stable anytime you like. I was in one club where we had a hurdler that was afraid to jump hurdles and I was in another syndicate where the person who run the club was warned off after an investigation by jockey club security. another syndicate run by a top trainer was also a disaster as the horse we were involved in never saw a racecourse but we were conveniently shuffled into another syndicate meaning we paid exactly the same but now had 1/24th share. eventually I found a decent syndicate (£100 per month) where we had some fun although the horse was rubbish. |
|
By:
bring sweets looks interesting Koo. How are you connected to the horse? Can you send me the details?
|
|
By:
the clue is in the name of the racing club
|
|
By:
i dont think i explained that well outpost. i was sayin in the chasing gold syndicate you have a very small share in each horse and it costs 2k per yr to be a part of it. i was tryin to compare that with ownin a horse with 5 other people where he would have a 1/6th share, it would be more expensive for the latter
|
|
By:
sorry reve - just read your post again. misunderstood it.
|
|
By:
no probs
|
|
By:
good spot gerbs :)
|
|
By:
google koo's racing club. Any questions fire off a e-mail and i'll get back asap.
|
|
By:
i,ve been in a few syndicates and most of them where a waste of time and money i.e pinnacle and middleham park racing,the only one i got abit of value for money from was the million in mind partnership which costs about 4k the last time i heard hope this helps
|
|
By:
does the 1k cover any expenses beyond the initial purchase price? 12k for that nag?....would be lucky to fetch 500 at auction.....best bet is to buy a horse in training at auction....seen some fair deals....buy a respectable horse from a bad trainer and give it to a good trainer.
owning a horse in UK is as wise an investment as loaning money to a drug addict |
|
By:
Take your wifes advice,take her on a cruise9or send her) then spend the rest going to Cheltenham and Longchamp
|
|
By:
Triple a investment
then  |
|
By:
Thanks for your comments, Yes I'm aware the chances of a return are very slim, thats not a problem. It's just being involved with a horse and everything that goes with it that excites me. However, the wife might go into early labour if she found out! I suppose what she dont know wont hurt her lol
|
|
By:
you have to remember that a lot of these clubs are run by chancers just out to make money from mugs.
(not talking about koo here by the way because we can see that his club has regular winners) these folk buy the cheapest rubbish that they can find at the sales, sometimes from a few hundred up to a couple of thousand pounds, and then syndicate it for as much as £12k (12 members paying £1k each for the horse and then monthly fees on top) these racing club horses regularly finish towards the rear in most of their races and constantly show why they were available so cheaply. I only know of koos club through these forums but the only other club I have been involved with that wasn't set up to rip off customers is heart of the south racing. they had rubbish horses when I was there but they have much better horses now. |
|
By:
I'm soon to be a proud share holder in Bring Sweets :)
|
|
By:
gl seb, koo & brian will give you a few good days out
|
|
By:
Seb try and get some gobstoppers m8 there my favourite
 |
|
By:
Rev
Chasing Gold are a bunch of chancers mate...you don't know wether you have got 2% 5% or a hair on its arrse I wouldnt send them a brass farthing mate. Far better to do as we do...get a few pals together..set it up yourself as weatherbys are brilliant and very very helpfull Register your name and colours and dont pay extortionate amounts while your horse is at livery yards Much the best way imo BTW this guy was telling everyone what a mugs game this was yesterday having been on here ONE day ( under this name [;)] ) And now he is the next Sheikh Mo what a tool |
|
By:
Sebster,the best syndicate by miles is Middleham Park racing 67 winners last year and various ways you can invest,i,e down payment and say £62 per month,or some are a one off payment [average £500} for 12 months involvement,google them for all the details and how much and which horses are on there,you also get invites to various stable open days throughout the year
|
|
By:
yeah i dont know much about em tbh. wats d plan wit ur lad? back to hurdlin or stay chasing? |
|
By:
sebstar can I ask what are ur expectations of owning a horse?
|
|
By:
Koo have u any interest in having an irish horse??
|
|
By:
put the money on binocular any buy something decent you need 40k plus to buy anything H
ALF DECENT TODAY |
|
By:
Not for the moment, thing is i know the English game miles more which helps me pick and place the horses. I know navan is right handed but i dont really know for instace of its a better front runners track than Naas. Id have to make a massive effort to get my irish knowedge upto the same level as i know our racing as i wouldnt just let the trainer decide on race targets or riding instructions.
Id also not be able to go racing to watch them and meet the members which for some might be why they joined lol |
|
By:
KOO WELL DONE WITH BRING SWEETS THE OTHER DAY ..whats the story with palomar these days is it running on friday?
|
|
By:
yeah, runs friday. Had a slight muscle pull last week so the extra time will help than hinder. Will run there and to cheltenham where he'll run on Gold Cup day so i get some free tickets lol
|