Grey on Belmont Day

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?