Today's Horse Racing
-
SteadySlobbin
- Posts: 69
- Joined: Wed Mar 09, 2022 8:17 am
35 UK flat races today, and only TWO with a double figure field. Where have all the horses gone?!
-
wearthefoxhat
- Posts: 3558
- Joined: Sun Feb 18, 2018 9:55 am
I think the issue is, where have all the owners gone? Is prize money the issue?SteadySlobbin wrote: ↑Thu Apr 28, 2022 7:44 am35 UK flat races today, and only TWO with a double figure field. Where have all the horses gone?!
1 in 8 will make a £15k profit, good luck with that. Syndication is another way, but some have reported less interest in new members joining.
The cost of buying one through the sales ring is 3x
Jump racing has more "connoisseurs" with a strong amateur PTP scene that translates into the professional scene, the purchases are more affordable and seems to have more longevity, equating to more bang for your buck.
You do not have the required permissions to view the files attached to this post.
-
wearthefoxhat
- Posts: 3558
- Joined: Sun Feb 18, 2018 9:55 am
Add to that, the training fees, inc costs, around 7 years ago were £22k+ a year.
You do not have the required permissions to view the files attached to this post.
Owners basically have to win 5-6 races every year just to break even, yes owners have enough money but there's a point to where they know they're just getting mugged off.wearthefoxhat wrote: ↑Thu Apr 28, 2022 9:10 amI think the issue is, where have all the owners gone? Is prize money the issue?SteadySlobbin wrote: ↑Thu Apr 28, 2022 7:44 am35 UK flat races today, and only TWO with a double figure field. Where have all the horses gone?!
1 in 8 will make a £15k profit, good luck with that. Syndication is another way, but some have reported less interest in new members joining.
table.png
The cost of buying one through the sales ring is 3x
sales.png
Jump racing has more "connoisseurs" with a strong amateur PTP scene that translates into the professional scene, the purchases are more affordable and seems to have more longevity, equating to more bang for your buck.
And these syndicates/racing clubs can get up to 4000 people in just one horse for around £50, that's £200k a year to the racing club for a 60 rated horse
[/quote]
Owners basically have to win 5-6 races every year just to break even, yes owners have enough money but there's a point to where they know they're just getting mugged off.
And these syndicates/racing clubs can get up to 4000 people in just one horse for around £50, that's £200k a year to the racing club for a 60 rated horse
[/quote]
I know nothing, but 4000 people turning up for a yard visit might cause problems. I find it hard to believe any syndicate member would get much use belonging to a number so big. Am really surprised.
Owners basically have to win 5-6 races every year just to break even, yes owners have enough money but there's a point to where they know they're just getting mugged off.
And these syndicates/racing clubs can get up to 4000 people in just one horse for around £50, that's £200k a year to the racing club for a 60 rated horse
[/quote]
I know nothing, but 4000 people turning up for a yard visit might cause problems. I find it hard to believe any syndicate member would get much use belonging to a number so big. Am really surprised.
-
SteadySlobbin
- Posts: 69
- Joined: Wed Mar 09, 2022 8:17 am
Was more of a rhetorical question, though I agree with all your points, lots of factors at play and no single reason in my opinion.
I can’t really have the prize money argument, been numerous examples of big prize money being rewarded with tiny fields. I’m more in the too much racing camp. Last couple of days been a race going off every 5 minutes, loads running late, races overlapping.
I’d be in favour of reducing the fixture list, have less fixtures, less racing, which should result in field sizes and prize money increasing. However, if they do go down that route, I hope they don’t just try and spread it out, so you get the opposite of long days with 20 or 30 minute gaps between races. I’d much prefer to see a few nights off, maybe a few Sundays off too, and a few blank days here and there.
It wouldn’t do racing any harm to have a few days off. Football breaks up for a couple of months every year ( when there is no tournament) people don’t just forget about football after that, they enjoy the break, and look forward to the new season. This relentless 24/7 racing fixture list doesn’t seem to favour anybody.
Never seen so much negativity around racing and betting as last few years. If it wasn’t for the huge crowds you see at the festivals, I struggle to see how jump racing survives. Flat not looking much better. All the big owners are slowly starting to die off and they are not being replaced. All the decent horses are getting sold to race abroad.
Felt like been stuck in limbo for last year or so, just wish they would announce what the new rules are going to be so we all know where we stand. Though as soon as they do, the levy review thing will probably kick off again and horse racing punters/traders will have to go through it all again.
I can’t really have the prize money argument, been numerous examples of big prize money being rewarded with tiny fields. I’m more in the too much racing camp. Last couple of days been a race going off every 5 minutes, loads running late, races overlapping.
I’d be in favour of reducing the fixture list, have less fixtures, less racing, which should result in field sizes and prize money increasing. However, if they do go down that route, I hope they don’t just try and spread it out, so you get the opposite of long days with 20 or 30 minute gaps between races. I’d much prefer to see a few nights off, maybe a few Sundays off too, and a few blank days here and there.
It wouldn’t do racing any harm to have a few days off. Football breaks up for a couple of months every year ( when there is no tournament) people don’t just forget about football after that, they enjoy the break, and look forward to the new season. This relentless 24/7 racing fixture list doesn’t seem to favour anybody.
Never seen so much negativity around racing and betting as last few years. If it wasn’t for the huge crowds you see at the festivals, I struggle to see how jump racing survives. Flat not looking much better. All the big owners are slowly starting to die off and they are not being replaced. All the decent horses are getting sold to race abroad.
Felt like been stuck in limbo for last year or so, just wish they would announce what the new rules are going to be so we all know where we stand. Though as soon as they do, the levy review thing will probably kick off again and horse racing punters/traders will have to go through it all again.
-
SteadySlobbin
- Posts: 69
- Joined: Wed Mar 09, 2022 8:17 am
The cost of owning a racehorse obviously a massive issue. I’ve never really been a syndicate fan, just seems like you are all funding the syndicate owners hobby. Must be great being the head of a syndicate, though I don’t really see the value of being a member.
Though I’m sure there are some good value for money ones out there.
Though I’m sure there are some good value for money ones out there.
-
The Silk Run
- Posts: 983
- Joined: Mon May 14, 2018 12:53 am
Tip: LAY | 15.40 Punchestown IRE | Alpha Male | 5.6
-
MAGTRADEUK
- Posts: 158
- Joined: Sun May 10, 2020 12:55 pm
FFS, got automation running for results, but it seems the button monkeys are leaving the markets suspended or in play 10 to 15 minutes after the end of a race.................. WTF
This really gets my goat. Racing TV interview 'Betfair Barry' and they quote Sportsbooks prices..... for a race promoting the Betfair exchange. Really winds me up.
You do not have the required permissions to view the files attached to this post.
