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Old 09-14-2007, 05:59 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by pmayjr
Holy **** 75K! Wow!
If that horse had only 3 legs and pegleg for a 4th, at only $1,500 I'd buy it too. The risk/reward is so low there. I'm actually cheering for this horse to be a monster, just to hear how it'll be rouncing the sheik's and the Coolmore's million dollar babies.
The risk is in paying training bills for a horse that noone was willing to bid on (with one exception)
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Old 09-14-2007, 06:20 PM
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Linny Linny is offline
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I friend of mine used to work for a trainer who would try to find "fancy pedigree, cheap" and he never had much luck with it. It seems than horses priced to their breeding do better. Finding a $1500 horse by a $75k stallion may seem like a steal but it probably isn't. At least if it's a filly, her breeding may earn her some residual value. A colt will have to prove himself. As Cannon says, you still have to pay the epenses on the horse while you give it a go. As a yearling, they are looking at breaking/training/shipping etc for a bare minimum of 6 mos. THAT assumes that all goes beautifully and baby is ready for a 2f dash at Calder in March! More likely, if he races at all then it won't likely be for a year.
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