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What keeps owners in racing when 60% of horses fail to win?

Home Forums Horse Racing What keeps owners in racing when 60% of horses fail to win?

Viewing 13 posts - 18 through 30 (of 30 total)
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  • #392907
    cormack15
    Keymaster
    • Total Posts 8992

    I wouldn’t know the reality but I’d be amazed if the number of owners routinely profiting from laying wasn’t an extremely small proportion of all owners.

    #392908
    Miss Woodford
    Participant
    • Total Posts 1334

    Joe , the answer is really obvious ….they are laying them to cover costs , end of stoty

    why else would you have a horse in training if you could not recoup costs , unless you can really afford it as outlined

    Time to face the reality

    Ricky

    Most show horses don’t win any prize money, but people still keep them in training. Can’t even bet on them.

    #392909
    Eclipse First
    Member
    • Total Posts 1569

    Mike , you could possibly be right , alas I cant see it though

    lets stay real , 10 horses travelling to one of the sandpits of shame , to compete in one race for prize money of 2500 in total

    Most of this is the low level crap that punters are presented with in winter , can you imagine they all do it for fun ???

    Can you imagine what it costs to send horses /grooms/drivers …pay jockeys etc per horse , and do you really think they get away with 250 a head ……no way Sir , …..so maybe a few discreet mates do a bit of laying to ease the burden so to speak …..get my drift !!

    Just my opinion of course 8)

    cheers

    Ricky

    Have you ever heard a nightingale sing?

    #392929
    betlarge
    Participant
    • Total Posts 2789

    Mike , you could possibly be right , alas I cant see it though

    lets stay real , 10 horses travelling to one of the sandpits of shame , to compete in one race for prize money of 2500 in total

    Most of this is the low level crap that punters are presented with in winter , can you imagine they all do it for fun ???

    Can you imagine what it costs to send horses /grooms/drivers …pay jockeys etc per horse , and do you really think they get away with 250 a head ……no way Sir , …..so maybe a few discreet mates do a bit of laying to ease the burden so to speak …..get my drift !!

    Just my opinion of course 8)
    cheers

    Ricky

    Have you ever heard a nightingale sing?

    He has. He shot it.

    Mike

    #393354
    Eclipse First
    Member
    • Total Posts 1569

    Joe , the answer is really obvious ….they are laying them to cover costs , end of stoty

    why else would you have a horse in training if you could not recoup costs , unless you can really afford it as outlined

    Time to face the reality

    Ricky

    It doesn’t matter what happens Ricky, according to you we can enjoy racing unfettered now!

    Your hypocrisy is stultifying.

    #393372
    andyod
    Member
    • Total Posts 4012

    Seems to me I recall Peter O’Sullivan saying he was in horses for many(twenty) years before he got into a winner.Correct the figures.Love of the sport kept his interest alive.

    #393679
    cjboy
    Member
    • Total Posts 127

    Well it’s pushing me out

    #393685
    Gingertipster
    Participant
    • Total Posts 29188

    Owners of horses in the lowest half of the lowest class should be grateful of getting any money back. These horses should

    not

    be good enough to win races.

    Quality of racing should be upgraded, not downgraded.

    Value Is Everything
    #393690
    Eclipse First
    Member
    • Total Posts 1569

    Owners of horses in the lowest half of the lowest class should be grateful of getting any money back. These horses should

    not

    be good enough to win races.

    Quality of racing should be upgraded, not downgraded.

    That can only happen if the quantity of races is trimmed by at least 20%. Prize money for some classes of racing is less now than 20 years ago, without even allowing for the fact it has not kept pace with costs. Racing sells itself short by offering such a shoddy product.

    #393694
    Gingertipster
    Participant
    • Total Posts 29188

    If "Racing" can’t afford to put up fair prize-money for the poorest grade EF, they should get rid of the grade entirely.

    Yes, there are too many poor grade horses around. Although no breeder actively wants to breed these animals, breeders know their safety net is lower than it once was. Resulting in more poor quality horses.

    Value Is Everything
    #393698
    Eclipse First
    Member
    • Total Posts 1569

    If Racing were run as a business, like breeding, rather than in the shamateurish fashion that currently pervades, they might actually produce a something that is economically viable. At present, the very good racing is keeping the very poor racing on life support. If the current situation is allowed to persist, the very good is more likely to be dragged down than the opposite scenario.
    Of course, it is not merely a case of saying our industry can only sustain X foals being produced each year, but too many horses are in training that have no right to be. The harsh reality of a cull of perfectly healthy animals (from the training ranks at least) is an economic necessity due to over-production.

    #393709
    indocine
    Member
    • Total Posts 489

    We can put on and sustain racing from a cost base no one in the world can match. We are the world leaders in the supply of efficient economical straight racing.

    The problem is we cannot reap a deserved reward for driving down costs because we cannot export our betting products into protectionist & monopolistic foreign regimes.

    There is nothing wrong with our racing it is great. (Apart from NH of course which is a cruel anachronistic pursuit which should have been done away with years ago.)

    #393830
    andyod
    Member
    • Total Posts 4012

    The more horses you own the more losers you own.It is not about percents it is about being able to buy or breed the best.

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