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Originally Posted by sumitas
Hard to comprehend that legitimate expenses "doesn't take long ... to run up a quarter million in day rates, vet , and shoeing." I'd have to question if the owner was getting fleeced .
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Many of his owners have 20+ horses. I know he owns alot of his own but in NY (where day rates are very high) most are not running under the Home Team banner. lake ships alot of horses and van companies are not cheap. remember how high fuel was last summer? He was moving horses all over the place even at those prices. It adds up fast for a big operation.
Like I said, I don't know Lake. I met him once. If he was swindled I hope he presses charges but since the person was like "a member of the family" and now "has nothing" he probably wont. It's his choice, not mine. His effect on the game in terms of betting opportunities is irrelevant to the issue.