Yea. I think you are right. They might make a hefty profit, but who knows. I think that 25% goes to Vet, stable, etc, so maybe they don't much much.

It sounds really fun to me. For $200 - $300 you have some ties to a horse, get to visit them in the stables and potentially get to go to the Winners Circle (if your that lucky). I don't really think 'making a profit' for this kind of investment is really the key.

I just wonder if anyone else has gone into this type agreement.