Why hasn't SBR formed a racing syndicate with small investment shares?

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  • BrentCrude
    SBR MVP
    • 11-16-05
    • 4665

    #1
    Why hasn't SBR formed a racing syndicate with small investment shares?
    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.
  • madmaxx
    SBR MVP
    • 03-14-07
    • 3289

    #2
    Good 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.
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    • BGboothA
      SBR MVP
      • 08-07-08
      • 4202

      #3
      HMMMM, 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 General
        SBR Posting Legend
        • 08-10-05
        • 13279

        #4
        Tough to get that many close friends on the same page, let alone strangers. JMO.
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        • joeyp1222
          SBR Hall of Famer
          • 01-01-09
          • 5186

          #5
          Originally posted by The General
          Tough to get that many close friends on the same page, let alone strangers. JMO.
          i would probaly get a share or two if we could get a package plan together and to find someone who could put this all together
          Comment
          • DennisT
            SBR MVP
            • 03-11-09
            • 2023

            #6
            Interesting idea! Who rules! Does one psrson represent all of us or do we do we vote? Interested. Need more info.
            Comment
            • gtkid911
              SBR MVP
              • 01-10-10
              • 1123

              #7
              this 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 exciting
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