Racehorse owning

Discussion in 'Other Investments' started by mmm....shiney!, Sep 22, 2018.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    If my dream of owning a champion 2yo horse are to come to fruition this season then at some stage she has to knock off Brooklyn Hustle. Wow, wow and wow!! What a horse.
     
  2. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Brooklyn Hustle unlikely to run again until the Blue Diamond prelude in Feb. It isn't nominated for the MM so not an impediment to your nags tilt at superstardom.

    Only 269 remaining MM nominations to overcome but Not A Royal Doubt isn't amongst them. Is the cost of futile interstate ventures included in the monthly fees or are they an add on for owners? Also wondering about nomination and acceptance fees?
     
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  3. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    I am waiting to see how MAHUTA goes as at stud. Is in WA and his first lot of foals have been produced. "Roll the Dice" syndicate raced Mahuta and will likely end up with one or more of his offspring. I think most will stay and race in WA due to owners/breeders incentive schemes.
     
  4. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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  5. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Didn't realise you were the sire. :p
     
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  6. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    https://www.racingqueensland.com.au...ays/player/thoroughbred/doom/20181204/race/15

    Didn't show much, if she does have any ability she's not ready to race yet. Trainer reported she was leaning against the barrier before the start having a look around at everything and when the gates opened she she was a bit surprised and was caught off-guard and hesitated. He was happy she started stretching out after about 400m. Off to the paddock for her and we'll see what the new year brings.
     
  7. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Looked very green, if it gets its head around the start/barrier stalls it might go okay....held its ground against the rest of them and jockey didn't give it much persuasion. Head pointing off to the side is something often seen in young/immature fillies and colts.

    Perce Galea, a former "colorful" Sydney racing identity and large betting punter was once quoted as saying he never bet on 2yo's or maidens due to the likelyhood of them being too young or stupid to win a race.
     
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  8. petey

    petey Active Member Silver Stacker

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    Not knowing anything about this industry, when do racehorses begin to "perform" shiney? When do you expect to see a return (if ever)?
     
  9. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    That's a bit like asking when human athletes begin to perform. Each horse is different and injuries or other issues can change or effect plans laid out or training aimed at winning a particular race.
    If it is still a maiden when it turns 4yo then you might not think its been worth it but plenty dont see the track or only have a few runs by then.
    And if it is a dud or breaks down owners can still get there share of the spot dog meat price, however I think they only do this via fiat and taking physical possession for your family canine isn't an option.
     
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  10. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    As a very general rule racehorses peak at about 4 or 5 years of age, naturally there are exceptions eg I think Winx rated her highest as a 6yo and some are champions at 2 yo, it depends upon a number of factors including breeding. There was a race I was studying the other day and the top progeny from one particular sire all seemed to win their first race as 5yo in November. o_O

    As far as a ROI goes, I doubt I'll get my $$ back but my interest in this program is not to make money, but to experience racehorse owning, be able to watch a horse I own compete and hopefully get a photo of her passing the winning post and a trophy.

    The article I linked to above has a good run down of what to expect from investing in racehorses: https://cuffelinks.com.au/economic-reality-breeding-owning-racehorses/

     
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  11. petey

    petey Active Member Silver Stacker

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    Good info folks, thanks.
     
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  12. Fewick

    Fewick New Member

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    My friends 5 years ago started with owning one racehorse called "Destiny". later on he realised that it is really a very good business. So he decided to expand and to buy farm for sale in Spain https://tranio.com/spain/detached/ where he has now 10 horses and he is doing really well.
     
  13. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Lyrical Girl is having her first race start at the Gold Coast this Saturday in race 3. I expect her odds to not truly reflect her value as the billion owners or so of her will all be having a small play on her, I‘ll take her with one of the corps offering a bet return if she runs 2nd/3rd.

    Her recent trial was nice without being wow!! so I’m not sure at this stage how she’ll travel against the others. The track is expected to be rain affected, going by her breeding this should not be a problem.
     
  14. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Markets are open for the Gold Coast, she’s currently $5.50 the win. I haven’t done the form for the race, I’ll do it and post my thoughts later. I expect once the majority of owners work out that the odds are out they’ll jump on and the price may shorten. This can take some of the owners a long time for it to dawn on them. :confused:

    She’s also been nominated for Ipswich on the 24th April in the event of a scratching. She’s drawn well at the GC so it’ll be the track condition and maybe what other chances are in the race that determine where she’s going to start.

    I’m really happy she’s not starting in Bris on a Saturday, would rather see her win in easier company than struggle in the bigger time. I’d say the trainer has a winter campaign in mind for her.
     
  15. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    A quick study of the form and as long as she jumps well I'm expecting a top three finish, as is the trainer. Just a bit concerned that she may be a bit slow out of the barrier as she was in a recent jump-out where she made good ground to finish second. If she does jump slowly she'll get slung with mud which may be a concern.

    Good barrier, good track work form, good jock, good trainer, sound breeding. Every chance of taking this one out.
     
  16. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Fifth.

    Quick rundown from watching the race and listening to the jockey comments afterward, she was a touch slow to begin, the noise of the barrier gates opening startled her and she sat back so she settled worse than midfield. Jockey had to take her wide in the straight to find better going, couldn’t get a run through traffic, looked to me he stopped riding her in the final stages when it was obvious she wasn’t going to tackle the winner. Jockey said she overraced in the middle stages, which basically means he had to restrain her and she would find it difficult to settle and find her rhythm. Apparently she was leg sore too.

    Overall I’d give her a 7/10. I’m yet to listen to the trainer’s comments as he wouldn’t have been at the track.
     
  17. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Sunshine Coast R2 horse 6.
     
  18. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    ^ not a pleasing result
     
  19. heartastack

    heartastack Well-Known Member Silver Stacker

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    So how much money do you make on this?
     
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  20. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Let me see, divide $540 by the number of shares in her (1000), then multiply it by how many shares I own (1), subtract trainer’s fees, jockey’s fees, vet’s fees, admin fees, feed....
     

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