changes in the claiming game?

Scav · #1 12-09-2006, 05:20 PM

Quote:

Originally Posted by Cannon Shell

I believe 5% of claiming price. Some states HBPA's offer free claming ins to members under a group policy.

so 20k plus 1k to insure....interesting...

Yo Cannon, do first time owners have to hook a trainer up, up front, like a 5k advance to train the horse or is it on the honor system?

Cannon Shell · #2 12-09-2006, 05:24 PM

Quote:

Originally Posted by Scav

so 20k plus 1k to insure....interesting...

Yo Cannon, do first time owners have to hook a trainer up, up front, like a 5k advance to train the horse or is it on the honor system?

Even though I love your advance idea, usually you get billed at the end of the month.

Scav · #3 12-09-2006, 05:29 PM

Quote:

Originally Posted by Cannon Shell

Even though I love your advance idea, usually you get billed at the end of the month.

I see why it is a pain in the ass then, people don't pay their regular life bills and then they have to pay for the friggin horse, which I am assuming is more then just the day rate but also the meds and medical maintence included in that monthly bill

The Bid · #4 12-09-2006, 05:39 PM

Some guys pay in adavance. I paid my horse from point of purchase at the sale until his first race. The trainer and I negotiated a fair rate.

Scav · #5 12-09-2006, 05:41 PM

Quote:

Originally Posted by The Bid

Some guys pay in adavance. I paid my horse from point of purchase at the sale until his first race. The trainer and I negotiated a fair rate.

You get a break for doing that?

The Bid · #6 12-09-2006, 05:42 PM

Yes, the trainer needed liquid money, and I thought it would be a good deal for me to front the money and get a break on day rate. We both got what we considered a good deal.

Trainers always can use the liquid cash, its tough to keep over 10 in training if owners start backing you up, very tough