Grey on Belmont Day

Originally Posted by jpops757

Ora you get a lot of grief from posters knocking you because of Lbigs investment on the Pk6s but this looks to me like this is a key element of yalls stratagy. Very good. The first time I have heard of this aspect of the partnership. A very astute view of Lbigs and very good of you to recognize this.

Well I mean really its just common sense. Betting 6-1200 every time there is a carryover is just way too rich for my blood. Thats why I have never tried to represent it as an equal partenership. I mean, I can't tell you how many people I meet who are partners in one of those syndicates who will say "My horse is running tomorrow". I mean, to represent it like that would have the listener assume that the person saying that owns the whole horse. Its just not true.

[Exceller]

Originally Posted by oracle80

Well I mean really its just common sense. Betting 6-1200 every time there is a carryover is just way too rich for my blood. Thats why I have never tried to represent it as an equal partenership. I mean, I can't tell you how many people I meet who are partners in one of those syndicates who will say "My horse is running tomorrow". I mean, to represent it like that would have the listener assume that the person saying that owns the whole horse. Its just not true.

When I say "my horse is running tomorrow" that is correct, it is my horse even if I only own 10% or even a half-unit.. I love jealous guys like you who attack syndicate owners. If High Finance wins tomorrow every person that owns a piece has every right to say they owned a Belmont Stakes winner. Why don't you write a $20K check and see if you call yourself an owner?

Comparing gamblers partnerships to owners is also ridiculous. It sounds like you don't even put up money. Buying a piece of a horse with a good sydicate costs around 10K-70K for 10 percent which usually covers all costs until the end of the year. Even if you buy half units it costs about $5K-$35K to buy into a horse. Then you are looking at about $5K if you own just 10% of the appx $50K per year costs, unless of course there are checks. Get real.

[Cajungator26]

Originally Posted by Exceller

When I say "my horse is running tomorrow" that is correct, it is my horse even if I only own 10% or even a half-unit.. I love jealous guys like you who attack syndicate owners. If High Finance wins tomorrow every person that owns a piece has every right to say they owned a Belmont Stakes winner. Why don't you write a $20K check and see if you call yourself an owner?

Comparing gamblers partnerships to owners is also ridiculous. It sounds like you don't even put up money. Buying a piece of a horse with a good sydicate costs around 10K-70K for 10 percent which usually covers all costs until the end of the year. Even if you buy half units it costs about $5K-$35K to buy into a horse. Then you are looking at about $5K if you own just 10% of the appx $50K per year costs, unless of course there are checks. Get real.

I understand your point of view too and don't necessarily disagree,... but to me, if YOUR name isn't on the horses's papers, then he isn't YOUR horse. I want MY name on the papers before I call him my own. JMO.

[Exceller]

Originally Posted by Cajungator26

I understand your point of view too and don't necessarily disagree,... but to me, if YOUR name isn't on the horses's papers, then he isn't YOUR horse. I want MY name on the papers before I call him my own. JMO.

When the checks come or go you know you are an owner. If they win tomorrow with High Finance all of those owners will be in the picture that will hang in the Clubhouse at Belmont the rest of their lives. You are much better off owning pieces of top horses than buying cheap claimers that get sent off to be eaten when they are done. Cheap claimers don't allow you to dream about being there in May. I have a piece of a colt right now that Craig Dollase will be training and he lets me think of next May all the time. Odds are against it but that is what makes syndicates great.

[Cajungator26]

Originally Posted by Exceller

When the checks come or go you know you are an owner. If they win tomorrow with High Finance all of those owners will be in the picture that will hang in the Clubhouse at Belmont the rest of their lives. You are much better off owning pieces of top horses than buying cheap claimers that get sent off to be eaten when they are done. Cheap claimers don't allow you to dream about being there in May. I have a piece of a colt right now that Craig Dollase will be training and he lets me think of next May all the time. Odds are against it but that is what makes syndicates great.

I agree, but I'm a selfish biatch and I want it all to myself.

Originally Posted by Exceller

When the checks come or go you know you are an owner. If they win tomorrow with High Finance all of those owners will be in the picture that will hang in the Clubhouse at Belmont the rest of their lives. You are much better off owning pieces of top horses than buying cheap claimers that get sent off to be eaten when they are done. Cheap claimers don't allow you to dream about being there in May. I have a piece of a colt right now that Craig Dollase will be training and he lets me think of next May all the time. Odds are against it but that is what makes syndicates great.

True, and you are always much better off taking a piece of an expensive ticket on the pik-6 then putting in 60 bucks of your own and trying to hit one. Taking a piece of a big ticket allows you to dream of hitting one for 100K. Playing one for 60 bucks might get you one very cheap one in a year, in effect chewing you up.

[Exceller]

Originally Posted by oracle80

True, and you are always much better off taking a piece of an expensive ticket on the pik-6 then putting in 60 bucks of your own and trying to hit one. Taking a piece of a big ticket allows you to dream of hitting one for 100K. Playing one for 60 bucks might get you one very cheap one in a year, in effect chewing you up.

Ok, I need anger management and you need jealousy management.

Originally Posted by Exceller

Ok, I need anger management and you need jealousy management.

Jealous of what?

Originally Posted by Exceller

When I say "my horse is running tomorrow" that is correct, it is my horse even if I only own 10% or even a half-unit.. I love jealous guys like you who attack syndicate owners. If High Finance wins tomorrow every person that owns a piece has every right to say they owned a Belmont Stakes winner. Why don't you write a $20K check and see if you call yourself an owner?

Comparing gamblers partnerships to owners is also ridiculous. It sounds like you don't even put up money. Buying a piece of a horse with a good sydicate costs around 10K-70K for 10 percent which usually covers all costs until the end of the year. Even if you buy half units it costs about $5K-$35K to buy into a horse. Then you are looking at about $5K if you own just 10% of the appx $50K per year costs, unless of course there are checks. Get real.

Talk about anger management candidates, geez. I was trying to draw the comparison of taking a 5-10% piece of a horse and a 5-10% piece of a pik-6 ticket. Did you totally miss that? It sure wasn't a swipe at you. You already told us you own a piece of some horses. I guess I don't see teh difference. In either case the person doesnt feel like its prudent to take 100% of the investment. Is that not obvious?