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  #1  
Old 01-03-2008, 02:35 PM
pgardn
 
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Quote:
Originally Posted by Scav
Pyramid, cash rolls down hill.....

1) Bettor bets into pool
2) Track takes cut for operating expenses, purses
3) Track pays owner for win
4) Owner pays Trainer
5) Trainer pays employees

It is a pyramid.

Without bettors, tracks get nothing, without tracks, the trainers have no jobs, without trainers, their employees have no jobs.
How about owner pays for horse that actually runs?
There would be nothing to bet on if not for owners
buying the competitors. I feel compelled to make sure
the betting public understands this.

The owners and betting public are the cash cows, not just the betting public.
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  #2  
Old 01-03-2008, 02:47 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by pgardn
How about owner pays for horse that actually runs?
There would be nothing to bet on if not for owners
buying the competitors. I feel compelled to make sure
the betting public understands this.

The owners and betting public are the cash cows, not just the betting public.
Your not getting the point. These owners would have NO REASON to run a horse if there wasn't the public FUNDING these purses.

The PURSES are the start of the process, without the purse, there is no horse racing. Owners/trainers/jockeys are tentacles to horse racing. Not a negative thing, but without the purses, which are funded by bettors, the rest wouldn't be there
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  #3  
Old 01-03-2008, 02:51 PM
Rootdog1's Avatar
Rootdog1 Rootdog1 is offline
Oaklawn
 
Join Date: May 2006
Location: LexVegas
Posts: 2,481
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Quote:
Originally Posted by Scav
Your not getting the point. These owners would have NO REASON to run a horse if there wasn't the public FUNDING these purses.

The PURSES are the start of the process, without the purse, there is no horse racing. Owners/trainers/jockeys are tentacles to horse racing. Not a negative thing, but without the purses, which are funded by bettors, the rest wouldn't be there
Yes, this is the bottom line.
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  #4  
Old 01-03-2008, 02:54 PM
pgardn
 
Posts: n/a
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Quote:
Originally Posted by Scav
Your not getting the point. These owners would have NO REASON to run a horse if there wasn't the public FUNDING these purses.

The PURSES are the start of the process, without the purse, there is no horse racing. Owners/trainers/jockeys are tentacles to horse racing. Not a negative thing, but without the purses, which are funded by bettors, the rest wouldn't be there
See my other post.
Live and free.
And it was fun.

My dad lost money God bless him.
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