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On Tuesday at Wolverhampton an Italian-trained horse, Golden Surpice, won the seller and was bought in for 11 and a half grand.
He is the winner of 13 races in his native land over distances between 5 furlongs and a mile.
My question is- why?
After travelling exes and paying the racecourse commission they’d have to be out a right few quid on the trip- do any of you industry insiders know if they landed an almgihty punt (was returned evens) or was it just for the honour and the glory?dominos are by far the best pizzas but also the priciest although greasy tony’s kebab shop opposite the local does a blinding value £3 medium deep pan, doner kebab meat perperoni and jalapeno takeaway pizza that seems at it’s best at midnight after a stomach full of cider and jack daniels
i think the first post to this thread was off topic, btw
There’s a company near me with a chain of branches Sberry (i’ll try find out their name) but they do a lovely stuffed crust pizza
can you also please check if they do online ordering and free delivery to nw kent ?
many thanks IS
No probs – they have branches in East London so I presume they’d have them around your area (or at least South of the river).
Not really the thread I envisaged but never mind- You’re a hungry lot of Billy Bunters
The victories of Mon Ami today and another Italian beast a couple of days ago prompted me to revive this thread- I still want to know how the economics stack up for these horses travelling from half a continent away to win a first prize today of £1,774, for instance. Why, oh why?
The victories of Mon Ami today and another Italian beast a couple of days ago prompted me to revive this thread- I still want to know how the economics stack up for these horses travelling from half a continent away to win a first prize today of £1,774, for instance. Why, oh why?
Very impressive winner (despite the grade) – did it get sold or bought back in?
I agree, I can’t see the financial logic of all this, unless connections won a packet by backing the horse (backed from 4/5 to 2/5) – or perhaps connections are quite wealthy and just love the sport.
Mike
Mon Ami was bought in for fourteen grand. So unless Arena Leisure have moved away from the traditional commission structure for a seller (50% of the balance over the published minimum bid), the owners will have to pay the track £5,700 to retain their horse.
If they have changed to a lower percentage, they have done it without publicity, which would make the switch fairly pointless, since it can only be designed to attract more runners.
AP
Checked the full race conditions on the racing admin site and can confirm that the auction for this race was on the basis of a 50/50 split of any surplus over the minimum bid.
Also I was a bit off with my price – it wasn’t fourteen grand, it was 14,500 and it was guineas not pounds. So that makes the total price £15,225 and the cost to the owners a princely £6,312.50p.
Perhaps they thought that winning a Wolverhampton seller would add to his value as a stallion ??
AP
Or perhaps they had it right off Alan.
I’m not sure how much it would take to move a horse from 4/5 to 2/5 in a Wolverhampton Seller – but I’d bet that the connections were heavily involved, and good on them if they were.
Winning just over £1,700 in prize money, only to fork out over £6k to keep the horse (plus all the travelling costs) doesn’t sound financially logic in the short term – hence Carvill’s original post.
Mike
I’m guessing that a race over here with an associated Betfair market (with massive turnover) would be potentially much more profitable as a gambling mechanism than a race in a country with a tote monopoly.
If they know their horse is fit and trying, connections can be pretty sure that (god willing) they have the winner against rivals who are all significantly inferior and/or regressive and/or totally exposed.
Interestingly, they pulled this horse out of a race a few days ago. Perhaps they’d spotted a viable rival…
Is it not a bit ridiculous that the course can claim so much of the horse’s sale price?
LGR – Whilst it obviously provides some potential income for the course, I think it is a set-up designed to encourage competitive racing by discouraging connections targetting these events with really good horses.
If the proportion ‘forfeited’ was, say, only 10% of the excess, it would be feasible to mop up these events with a very decent animal, knowing that you could easily go to £50k-£60k (or more if need be) to buy him or her back in.
Claimers hardly offer fantastic prize money for decent animals, and they’re unlikely to be any sort of a price if they are well clear on official ratings. Either way, connections aren’t going to make substantial amounts from running against vastly inferior opposition, and should they actually wish to sell the horse the claiming limits will prevent them from getting a fair price.
It just makes little to no sense, other than to keep the course’s bank balance (unjustly) topped up.
A much better horse in a weak race will be a short price but getting 4/5 into 2/5 about a 1/20 shot is quite a profitable little scheme thank you very much.
These races are sellers, rather than claimers – the key difference being that the winner is auctioned off, rather than claimed at a set price, thus giving winning connections a chance to buy back their horse if they so wish (rather than the potential lottery of a draw to determine the successful claim where there are multiple claims at the set price).
The risk would be if the horse manages to get itself beaten and others then put in claims for it. I am not sure what would happen if the horse is disqualified following a stewards enquiry or unseats – I guess it would be open to being claimed, but it would be an unusual circumstance…
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