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  #1  
Old 03-03-2010, 10:00 AM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by freddymo
GG 8k claimer go for 10k.Alert the media you have no reason to gamble in racing when it costs 3k a month (min) and you need to win 5 races a year and place 5 times to lose money. Your horse ran ten times finished first or second in all and you might have won a few thousand dollars..
It is like there everywhere though Freddy. Newsflash, this isn't an easy game to make money, hell, if you can run at a 20% loss you are feeling really good about things.

Here is another thing to think about, and it will help make your point, but I don't think people realize that before you even see that win purse, you are hit for 10% for the jock and you owe your trainer 10-12%. So when you win that maiden claimer at Philly for 20k, you really only see 9600, or 48% of the purse.
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Old 03-03-2010, 10:04 AM
freddymo freddymo is offline
Belmont Park
 
Join Date: Sep 2007
Posts: 7,091
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Quote:
Originally Posted by Scav
It is like there everywhere though Freddy. Newsflash, this isn't an easy game to make money, hell, if you can run at a 20% loss you are feeling really good about things.

Here is another thing to think about, and it will help make your point, but I don't think people realize that before you even see that win purse, you are hit for 10% for the jock and you owe your trainer 10-12%. So when you win that maiden claimer at Philly for 20k, you really only see 9600, or 48% of the purse.
The point is not how tough it is the point is the premium to race in Ca. The vig (30%) makes the equation unbearble for development of ownership
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