Why not start a race stable syndicate where 100 people throw $100 in the syndicate pool and buy a claiming horse plus have leftovers for training fees,shoes,oats and vet maintenance.So you have 10k to work with and maybe go out and get a 5-6-7k claiming horse.Who knows,maybe it would make money and in a few months a 2nd horse could be bought for the stable syndicate.Hell,$5,000 claimers at some tracks with slots-gambling make 5 k to finish 1st in a race.
Why hasn't SBR formed a racing syndicate with small investment shares?
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BrentCrudeSBR MVP
- 11-16-05
- 4665
#1Why hasn't SBR formed a racing syndicate with small investment shares?Tags: None -
madmaxxSBR MVP
- 03-14-07
- 3289
#2Good idea but you have to account for the cost to keep the horse in training for a whole year..around 50k a year at the major tracks and 20k or so at the shitty ones. Have 20 people pony up $500, each is 5% owner, not a bad deal.Comment -
BGboothASBR MVP
- 08-07-08
- 4202
#3HMMMM, very interesting idea.
Problems I would see would be agreeing on which horse to buy, where to have the horse race, and maintianing a strong membership even if the horse doesn't do well. small investment really.....
definitly an interesting idea.Comment -
The GeneralSBR Posting Legend
- 08-10-05
- 13279
#4Tough to get that many close friends on the same page, let alone strangers. JMO.Comment -
joeyp1222SBR Hall of Famer
- 01-01-09
- 5186
#5i would probaly get a share or two if we could get a package plan together and to find someone who could put this all togetherOriginally posted by The GeneralTough to get that many close friends on the same page, let alone strangers. JMO.Comment -
DennisTSBR MVP
- 03-11-09
- 2025
#6Interesting idea! Who rules! Does one psrson represent all of us or do we do we vote? Interested. Need more info.
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gtkid911SBR MVP
- 01-10-10
- 1123
#7this sounds like an interesting idea that would be nice if people would be up for it. Usually there would be a racing manager that makes major decisions from member input. But seeing a horse run in your name would be excitingComment
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