Different Ways for Different folks
We purchased each of our two horses for under $15,000 privately...
We purchased one in January 2006 and one in April 2006 as two year olds. If one is patient there always comes up a decent horse with an okay pedigree that someone is desperate to unload, and you can make what seems a reasonable purchase. Unfortunately, neither one has started yet... We have our horses with a trainer at West Virginia (Mountaineer) and at $45 per day.... One is about 30 days away from her first race and the other probably about 60 days away.
In our first year our total expenses for these two horses were just over $43,000 all in. INcluding purchasse price and everything else (training, vanning, medical, financial, licensing, etc), to give you an idea.
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"Everybody's honest, when they can afford to be."
Benny Binion
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