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Old 02-06-2012, 02:36 PM
cmorioles's Avatar
cmorioles cmorioles is offline
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Join Date: Mar 2007
Location: Moore, OK
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Quote:
Originally Posted by Calzone Lord View Post
Raising the claiming level amounts is going to make it harder for owners who acutally care about trying to grind out a profit.

The "flip men" game is really what gives owners the best chance.

Get yourself a true move-up trainer. Claim from mid-levels taking the best you can find off of trainers you'll improve upon... and if you whiff by claiming something with a lot of issues, drop them. It's a pretty simple game.

Guys like Cole - who can get those true wizards in the Mid-Atlantic to train like Beattie, Wells, and now Scooter - can even take off of the very bottom level a lot and still maintain a 40% win percentage as an owner.

Horse racing today is setup terribly difficult for people who want to make a living as an owner.

A lot of people don't realize how laughably over-priced horses are -- especially at sales. You see horses selling in the 150K-to-350K range at 2-year-old sales every year who you know have zero ability at all. There are horses who sell that well who would be horrible investments for $1,500 because they simply can't run and the horse has already proved so much.

If you could 'short' horses like this as investments it would be a picnic. You're strongly against-the-wind as a bettor because of takeout...but unless you have a starting bankroll atleast in the mid six figures and can get the right trainers at the right tracks and can afford to consistantly take horses well off the bottom..you're just as much against-the-wind as a bettor is.

I'd like to see claiming levels at a place like Presque Isle come down to $2,500. I think it would certainly attract a lot more owners and give them a much better shot to be profitable. More than half of the horses who run for 5K right now -- aren't even worth anything close to $2,500 for an owner.
Nobody is saying you can't have lower claiming prices, but they should be more in line with purses. If the current set up is allowing guys like Cole to thrive, that alone tells me there is something desperately wrong with the way the game is played.

People don't have to take time with horses and actually practice horsemanship, which is in no way good for the animals. I have no doubt many more horses are sent out that shouldn't be because of slots purses. It also, in my mind, encourages cheating.
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