The internet is a great resource for those who want to learn about new opportunities. Owning a racehorse is beyond the scope of many people, but racehorse partnerships are bringing this thrill within reach. By going online, those who want the excitement that come with 'the sport of kings' can learn about what is involved, the risks and rewards, and the legalities.
Owning a share of a horse gives a person all the rights and privileges of an 'owner' (a license-carrying status) without the expense that sole possession entails. Keeping a horse at the track involves training fees, perhaps stall rental, daily maintenance feed and grooming costs, farrier and jockey fees, and entry fees. In all cases, at least some vet bills will be incurred, and injury can involve both expense and time.
However, owners can visit the backstretch, or the stable area, which is strictly off-limits to all but licensed personnel. Many feel that sharing the hustle and bustle of early mornings, the peace of afternoons, and the focused activity of race time prep is the best part of it all. Sometimes owners can talk strategy with the trainer, another fascinating part of racing.
Ownership also involves free admission to all parts of the clubhouse and grandstand, including private boxes for watching the races and an exclusive dining area. Owners can visit the paddock before a race and the winning circle when their horse crosses the line in front. They can be in the win picture - and get an unbeatable wall decoration/souvenir.
Go online to find information on race horse partnering and opportunities to join top stables. All kinds of racing - thoroughbred, harness, and quarterhorse - are open to investors. Often horses offered are already racing - a great advantage, since many horses don't get that far - and earning money. Both claimers - horses put up for potential sale as a condition of entry - and stakes horses, which run for big purses, are offered.
Of course, going into this with an eye to making money is as risky as any investment on earth. Most winnings - if any - are taken up by expenses. The main rewards are being on the inside of a great sport, sharing the thrill of victory, and getting all the bragging rights that owning a racehorse affords. Investors who want monetary gains might want to have many shares in different animals, to minimize the risk of injury or loss.
A written agreement is truly necessary in this arena, to cover eventualities like failure to pay, wanting to sell out, or distributing insurance pay-outs. Problems arise usually because responsibilities are not spelled out for all parties. Trustworthy partners are important, since problems lessen the fun - which is the main point of the whole thing, after all.
There is a lot of information available about both the sporting side and the legalities of horseracing partnerships. This is an exciting way to have a lot of fun, if everything is correctly structures and operated.
Owning a share of a horse gives a person all the rights and privileges of an 'owner' (a license-carrying status) without the expense that sole possession entails. Keeping a horse at the track involves training fees, perhaps stall rental, daily maintenance feed and grooming costs, farrier and jockey fees, and entry fees. In all cases, at least some vet bills will be incurred, and injury can involve both expense and time.
However, owners can visit the backstretch, or the stable area, which is strictly off-limits to all but licensed personnel. Many feel that sharing the hustle and bustle of early mornings, the peace of afternoons, and the focused activity of race time prep is the best part of it all. Sometimes owners can talk strategy with the trainer, another fascinating part of racing.
Ownership also involves free admission to all parts of the clubhouse and grandstand, including private boxes for watching the races and an exclusive dining area. Owners can visit the paddock before a race and the winning circle when their horse crosses the line in front. They can be in the win picture - and get an unbeatable wall decoration/souvenir.
Go online to find information on race horse partnering and opportunities to join top stables. All kinds of racing - thoroughbred, harness, and quarterhorse - are open to investors. Often horses offered are already racing - a great advantage, since many horses don't get that far - and earning money. Both claimers - horses put up for potential sale as a condition of entry - and stakes horses, which run for big purses, are offered.
Of course, going into this with an eye to making money is as risky as any investment on earth. Most winnings - if any - are taken up by expenses. The main rewards are being on the inside of a great sport, sharing the thrill of victory, and getting all the bragging rights that owning a racehorse affords. Investors who want monetary gains might want to have many shares in different animals, to minimize the risk of injury or loss.
A written agreement is truly necessary in this arena, to cover eventualities like failure to pay, wanting to sell out, or distributing insurance pay-outs. Problems arise usually because responsibilities are not spelled out for all parties. Trustworthy partners are important, since problems lessen the fun - which is the main point of the whole thing, after all.
There is a lot of information available about both the sporting side and the legalities of horseracing partnerships. This is an exciting way to have a lot of fun, if everything is correctly structures and operated.
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