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 -
DennisTSBR MVP
- 03-11-09
- 2023
#6Interesting idea! Who rules! Does one psrson represent all of us or do we do we vote? Interested. Need more info.Comment -
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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