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I think it was 10%. Numerous excuses over six months.
I was stopped at traffic lights and opened the results page of the Racing Post. The horse its debut run the previous day, but I wasn't old. "Slowly away and always behind, broke leg, dead" |
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I've just remembered. I was in a racing club.
The deal was we paid training and other costs for horses "leased" from owners (probably to give them a rest from the expense). The club was to get any prizemoney, or most of it (?). One of the nags won 3 or 4 times for about 80k. We expected a dividend. We got a letter: the trainer said the prizemoney goes to the registered owner. The trainer is well known to you all, had a big winner this week. |
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Had a third share in a music boy filly in the late 80's.
Won 2 races for us and had a lot enjoyment going to the stables and gallops. Sad to say that she broke a leg on the gallops. Its is a very expensive hobby these days to own a horse. |
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Have owned horses outright, in partnership and in syndicates generally 4-5 members. Have had 5 individual winners of 14 races. 2 others made the track but did not win in relatively short careers. One broke down 1st time out in p2p . He hasn't been beaten since!!!
To me a small syndicate membership is the way to go. Here in Ireland a year's expenses can cost anything from 10k upwards. Including Turf Club expenses an average season would set you back 15k . To a five man syndicate this would work out 3k a leg. Incidentally I have only ever been involved in private sydicates so have no experience of commercial syndicates How much does a years golf cost a person . Membership, entry fees, golf balls , new equipment, green fees etc. A once a week golfer wouldn't have much change from his 3k. Like a golfer playing every week , I obviously enjoy watching the horses race but also derive great pleasure from regular Saturday morning visits to the yard. As a golfer absorbs the self in golf absorb yourself in racing . By the way the handicap system works in much the same way " the less you try the better chance you have". How ironic it would be if any guys who label certain trainers cheats for exploiting the handicap system were guilty of getting a sneaky "point one" on a Wednesday afternoon The secret in ownership is to be realistic . If your horse is no good cut your losses and get out . If it is capable of winning races and therefore prize money it can be self financing and then the fun begins. If you are in the fortunate position of someone wanting to buy your horse never refuse a decent profit. Make sure your members can afford a year's fees . Generally you would have a fair idea of your horse's ability within that year and would know whether it was worth persevering with. Be aware that the owners prize money is roughly 75% of the total purse. In the UK '" owners prize money " iafter deductions is specified on race cards. It can be affordable , it will be enjoyable , do the maths and LET YOURSELF GO |
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Highlights for me were seeing my foal for the first time.Unfortunately as a yearling he had major problems and he was put down.
Spending time at Beaumonts yard seeing Jodami was also great. The best result was 2nd at Perth then he (Stitch B) got injured and was retired. I would do it again but other things are taking priority at the moment. Better to pick a horse from a yard and everytime it runs have £100 on it. |
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kincsem
uk or irish trainer? |
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Irish.
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can guess now
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*correction
One of the nags won 3 times for about €60k, in three weeks. |