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  #1  
Old 11-06-2006, 03:40 PM
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GenuineRisk GenuineRisk is offline
Atlantic City Race Course
 
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Does someone know the rule for calculating the insurance on a racing colt/stallion? I thought I was told once it was seven percent of the estimated value of the horse. So if a superstar horse was appraised at $30 million (which, I assume, they calculate based on future stud fees?), then the insurane would be what, around $2 million? That's a lot for a small owner to come up with. Is that true?

And here's another question-- could an owner insure for less that the horse was valued at? If it's a $30 million dollar appraisal, could one opt to insure for $5 million, for example?

I just can't figure out how a small owner who might hit it lucky could afford to keep a big horse running, no matter how much he or she might love the game... can anyone who knows this stuff tell me?
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  #2  
Old 11-06-2006, 03:42 PM
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Sightseek Sightseek is offline
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In case if someone didn't point it out, the article is up in the Blood-HOrse that he and Henny have been retired. Bernie will stand for $100K
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  #3  
Old 11-06-2006, 03:48 PM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
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Quote:
Originally Posted by Sightseek
In case if someone didn't point it out, the article is up in the Blood-HOrse that he and Henny have been retired. Bernie will stand for $100K

Henny Hughes has been retired??????????? That's insane. What has he proven?

They're the worst!
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  #4  
Old 11-06-2006, 04:02 PM
Balletto
 
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Quote:
Originally Posted by blackthroatedwind
Henny Hughes has been retired??????????? That's insane. What has he proven?

They're the worst!
Grade 1 winner... but I thought they'd keep him in training as well. Little puzzled with this one.
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  #5  
Old 11-06-2006, 04:06 PM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
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Quote:
Originally Posted by Balletto
Grade 1 winner... but I thought they'd keep him in training as well. Little puzzled with this one.

Obviously I'm a aware he is a ( double ) Grade 1 winner. However, his three races this year, followed by his virtual easing in the BC, makes his retirement pretty ridiculous. The good news is they have plenty of mares to breed to him. I have a sneaky suspicion few of their good ones will however.
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  #6  
Old 11-06-2006, 04:33 PM
Balletto
 
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Quote:
Originally Posted by blackthroatedwind
Obviously I'm a aware he is a ( double ) Grade 1 winner. However, his three races this year, followed by his virtual easing in the BC, makes his retirement pretty ridiculous. The good news is they have plenty of mares to breed to him. I have a sneaky suspicion few of their good ones will however.
Hey, we're in complete agreeance with this. He's more accomplished than many of his peers, but in reality, thats not saying much. But "obviously", who's being a little snide now???
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  #7  
Old 11-06-2006, 05:00 PM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
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Quote:
Originally Posted by Balletto
Hey, we're in complete agreeance with this. He's more accomplished than many of his peers, but in reality, thats not saying much. But "obviously", who's being a little snide now???
I'm admittedly snide. I don't like when others try to steal my trademark.
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  #8  
Old 11-06-2006, 06:12 PM
Danzig Danzig is offline
Dee Tee Stables
 
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Quote:
Originally Posted by blackthroatedwind
Henny Hughes has been retired??????????? That's insane. What has he proven?

They're the worst!
oh, thought you knew that too. i didn't even snort when i read the article. no surprise at all. now, had they both stayed on the track, i'd have had a heart attack....

but hey, we have discreet cat to look forward to next year. maybe he can run half a dozen times over the course of the year and go to stud too. hot dog!!
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  #9  
Old 11-06-2006, 06:16 PM
blackthroatedwind blackthroatedwind is offline
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I am honestly shocked about Henny Hughes. How could they retire him. He has barely raced and accomplished very little for a sprinter. I don't know a lot about breeding but I fail to see his appeal.

Maybe they just wanted to prove conclusively that they have no interest in racing.
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  #10  
Old 11-06-2006, 07:18 PM
Danzig Danzig is offline
Dee Tee Stables
 
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Quote:
Originally Posted by blackthroatedwind
I am honestly shocked about Henny Hughes. How could they retire him. He has barely raced and accomplished very little for a sprinter. I don't know a lot about breeding but I fail to see his appeal.

Maybe they just wanted to prove conclusively that they have no interest in racing.
trying to latch onto the hennessy/jo'burg wagon....
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