Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


View Single Post
Old 12-04-2023, 10:08 AM   #18
classhandicapper
Registered User
 
classhandicapper's Avatar
 
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,671
Quote:
Originally Posted by tbwinner View Post
I owned from 2009-2012 and had horses in the summer and fall months at AP/HAW where I lived and some at Penn. I had better financial results from my Penn horses but focused on Illinois because I lived there. So yes I agree with the assessment that claiming owners outside of major Leaguers that are at multiple circuits (thinking like a Mike Maker owner) are racing where they live. Training costs in IL were same or slightly higher than Penn but Penn had higher purses(and honestly lesser competition).

One thing I'll say about training costs / day rate is only one part of the equation. Some trainers may charge a seemingly lower than market rate but charge supplements or extra charges. Some trainers rely heavy on vet work, others maybe use more old school methods and rely less on Nsaids/joint injections etc.. And yes higher % barns generally command a higher rate. Workers comp insurance etc will affect rates in certain states (NY example). Most trainers don't make money on their day rate but their commission...lots of variables, do they charge same rate for 1st-5th purse $$ or different rates for win etc... I don't know if you can tie purse money to training costs accurately enough to classify tracks as suggested.
To do what I was trying to do, you would need all those costs. That's part of what made it impossible for me to figure out. But I think it's likely from a purely business perspective that some tracks have better economics for ownership than others. So "IF" you were willing to own horses anywhere, there are probably some places that make more sense than others.
__________________
"Unlearning is the highest form of learning"
classhandicapper is offline   Reply With Quote Reply
 
» Advertisement
» Current Polls
Tuscan Gold VS Catching Freedom
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 10:57 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.