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Who funds horse racing?

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Anonymous

10y ago
Updated: 7/22/2022

Whether you're rich or not, having race horses will not be a highly profitable business. First of all, there is no assurance that any horse, even the most well-bred and costly, will succeed on the racetrack using horse racing betting software. Additionally, they could become injured or sick and then have to retire, resulting in a large amount in vet bills. One should remember that purchasing expensive horses and acquiring the top jockeys, trainers, and others can also take vast sums of money. However, there is no 100% assurance that these horses will be successful in races.

Breeding can be costly, and there is no assurance of success even with the top broodmares being covered by the best horse racing experts. When a horse has performed exceptionally well on the track and if it remains a horse that is a stallion (i.e., not being gelded) and has a good track record, money can be made by "renting" its services to broodmares. The trick is to find the elusive stallion who performs well from the beginning.

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Racing Expert

Lvl 3
2y ago

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