R and J horses

[phystech]

They sound like a bunch of used car salesmen in their approach to selling their partnership. Kind of slick - like someone that uses a lot of Brylcream.

Here's the catch - you pay your buy-in money, they buy a horse using your money. There are no bills. The trainer probably takes a 50% cut of the purses. The owners get 30% of the purses. Where does the other 20% go? To the managers? That's a HEFTY cut, in my opinion.

But, to each his own......

Yea. I think you are right. They might make a hefty profit, but who knows. I think that 25% goes to Vet, stable, etc, so maybe they don't much much.

It sounds really fun to me. For $200 - $300 you have some ties to a horse, get to visit them in the stables and potentially get to go to the Winners Circle (if your that lucky). I don't really think 'making a profit' for this kind of investment is really the key.

I just wonder if anyone else has gone into this type agreement.

[Antitrust32]

Originally Posted by ohiovol

Yea. I think you are right. They might make a hefty profit, but who knows. I think that 25% goes to Vet, stable, etc, so maybe they don't much much.

It sounds really fun to me. For $200 - $300 you have some ties to a horse, get to visit them in the stables and potentially get to go to the Winners Circle (if your that lucky). I don't really think 'making a profit' for this kind of investment is really the key.

I just wonder if anyone else has gone into this type agreement.

Check out "Dee Tee Stable".