Quote:
Originally Posted by Merlinsky
You're defining it as a problem. I'm arguing it's not. Nobody's plunking down $46 thinking their ship's coming in or they'll definitely get to go to the winner's circle unless they're not reading in which case I'd suggest doing that before spending money as a general rule.
Sure it's subsidizing the investment of the bigger owners. Big deal. They're the ones taking the risk by racing a very valuable mare another year. They get the pay out, and frankly it's fair that they do. In exchange for putting down very little, i.e. risking very little, you get to own a racehorse for a few months along with several thousand of your closest not-even-acquaintances.
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The point is they don’t really own anything. They’d get more excitement betting $10 on the horse everytime it runs. At least then they actually have a chance of seeing something in return.
Sure it’s a small amount, but you’re better off sending that $50 to a horse charity than into the hands of rich owners who are just preying on people who don’t know better.
02-26-2021, 08:20 AM
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