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Originally Posted by eurobounce
July is the absolute latest a top outfit will breed. If a mare is covered in July then the baby will be born in June or maybe in late May. If you look at past Ky Derby winners, the majority are born in March/April. This is why you will see tons of fillies racing in the summer while in foal. Now wagering on a horse that is in foal is not a bad angle at all. Also you will see some of the top fillies retiring in March/April in order to get them into the shed in time to be covered.
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Euro,
I'm really not disgreeing with you, as I also think running a mare early in her pregnancy is ok. But you know that fillies fresh off the track (March/April) might not cycle right away. Of course, it depends on the filly, but sometimes it takes a few months for her system to wind down from the rigors and for her system to rid itself of the "medications", if you know what I mean.
Just my two pennies worth.