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Originally Posted by POINTGIVEN1985
ok i posted this thread because i was told that some trainers would take a deal that went something like this.... i purchase the horse on my own, i give the trainer a 50-50 share, and that trainers covers everything else, because i honestly dont have the kind of money everyone is saying you need.
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I've got a couple of claimers with a trainer in WV like this. If you can get a 50-50 split, that's doing well - typically I see 60-40, 65-35 to the trainer's advantage. I'm assuming your talking about claimers because I can't imagine a trainer would take this deal with a fresh of the lot 2yo for the reasons outlined earlier. Once they're race ready, they've crossed the chasm of unending bills. They're now elgible to offset their costs, and even make you a few bucks. So the trainer, if he's got the space anyhow, adds a few more oats to the bill every month, and has a chance to have a stake in a horse without the expense.
I once claimed a horse in a partnership with a trainer this way. They horse got bumped heavily in the first turn and got a bad knee from the trip. He's got chips and some arthritis in the knee which eliminated surgery as an option. He needs time and lots of it (probably a year off) and I won't see a bill. the trainer takes a big chance like this, but he also benefits more than his standard 10% when it goes the right way.