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People do not make money owning racehorses, they spend a lot of it on upkeep, entry fees, veterinary bills...it's endless. This is why wealthy people own them, or groups of people, who do it more for the potential thrill of standing in the winner's circle than to make money. If you're lucky, you can get ahold of a horse who performs consistently for modest purses, is relatively sound and almost pays his own way.
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