Home › Forums › Horse Racing › What keeps owners in racing when 60% of horses fail to win?
- This topic has 29 replies, 16 voices, and was last updated 14 years, 2 months ago by
andyod.
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- February 21, 2012 at 21:57 #392907
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.
February 21, 2012 at 21:58 #392908Joe , 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.
February 21, 2012 at 22:01 #392909Mike , 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

cheers
Ricky
Have you ever heard a nightingale sing?
February 21, 2012 at 23:26 #392929Mike , 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
cheersRicky
Have you ever heard a nightingale sing?
He has. He shot it.
Mike
February 24, 2012 at 11:19 #393354Joe , 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.
February 24, 2012 at 13:59 #393372Seems 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.
February 26, 2012 at 08:36 #393679Well it’s pushing me out
February 26, 2012 at 10:21 #393685Owners 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 EverythingFebruary 26, 2012 at 10:37 #393690Owners 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.
February 26, 2012 at 11:18 #393694If "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 EverythingFebruary 26, 2012 at 12:07 #393698If 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.February 26, 2012 at 12:39 #393709We 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.)
February 27, 2012 at 05:10 #393830The 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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