One change you see nowadays that you rarely saw 10-15 years ago is the class dropper off a win. These were always thought to be big negatives because, if a horse won for 15K, why risk losing him below fair market value? Now we see egomaniac owners like Frank Calabrese who will drop off a win, and win again........they don't care if they lose the horse for less than what its worth because getting the win and stroking the ego is more important.
As for the yearling prices which have been in the DRF for a few years now, I think these horses are overwhelmingly overbet.
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