The internet is a great resource for those who want to learn about new opportunities. Owning a racehorse is beyond the scope of many people, but racehorse partnerships are bringing this thrill within reach. By going online, those who want the excitement that come with 'the sport of kings' can learn about what is involved, the risks and rewards, and the legalities.
Owning a share of a horse gives an individual all the rights and privileges of sole ownership, with only a fraction of the responsibilities. Training fees, daily costs for feed and bedding, and expenses for grooms, farriers, and vets are all shared. So are expenses directly associated with racing, like jockey fees and entry fees.
Owners can visit the barn area - the backstretch - where daily tasks go on and horses go out for morning exercise and work-outs. This area is open only to licensed trainers, owners, exercise riders, jockeys and their agents, and grooms. For many, the backstretch is the most romantic part of the sport. There is hustle and bustle in the mornings, peace in the afternoon, and focused preparation at race time. After the race, there is a time of putting the horse to rest - cooling out, watering off, blanketing and bandaging - and the blow by blow replay of either victory or defeat.
There is also free admission to all parts of the clubhouse and grandstand, even the elevated area where trainers stand to watch their horses run. Then, of course, there's the 'holy sanctum' of the paddock and the ultimate thrill - being in the win picture - all special privileges open to owners. A win picture says it all to those in the know.
Thoroughbreds are offered online to those who want a share, as are standardbreds and quarterhorses. Top stables advertise horses already racing and earning money. The information provided details what is involved, including the name of the stable which will manage the entity and the trainer who will make most decisions. Interested parties can find lists of privileges and responsibilities.
This from of investment carries a lot of risk, but those who going into it are seldom looking for monetary profits. They are seeking to share in the excitement and live the dream of fame and fortune that racing affords. True financial investors often have many shares of different animals, like people who invest in mutual funds to minimize risk and maximize gain.
A written agreement is truly necessary in this arena, to cover eventualities like failure to pay, wanting to sell out, or distributing insurance pay-outs. Problems arise usually because responsibilities are not spelled out for all parties. Trustworthy partners are important, since problems lessen the fun - which is the main point of the whole thing, after all.
For information on opportunities, legalities, and horses up for sale, go online. There are also great pictures of magnificent animals running with all their heart. This is an exciting way to participate in a sport with immense history, romance, and excitement.
Owning a share of a horse gives an individual all the rights and privileges of sole ownership, with only a fraction of the responsibilities. Training fees, daily costs for feed and bedding, and expenses for grooms, farriers, and vets are all shared. So are expenses directly associated with racing, like jockey fees and entry fees.
Owners can visit the barn area - the backstretch - where daily tasks go on and horses go out for morning exercise and work-outs. This area is open only to licensed trainers, owners, exercise riders, jockeys and their agents, and grooms. For many, the backstretch is the most romantic part of the sport. There is hustle and bustle in the mornings, peace in the afternoon, and focused preparation at race time. After the race, there is a time of putting the horse to rest - cooling out, watering off, blanketing and bandaging - and the blow by blow replay of either victory or defeat.
There is also free admission to all parts of the clubhouse and grandstand, even the elevated area where trainers stand to watch their horses run. Then, of course, there's the 'holy sanctum' of the paddock and the ultimate thrill - being in the win picture - all special privileges open to owners. A win picture says it all to those in the know.
Thoroughbreds are offered online to those who want a share, as are standardbreds and quarterhorses. Top stables advertise horses already racing and earning money. The information provided details what is involved, including the name of the stable which will manage the entity and the trainer who will make most decisions. Interested parties can find lists of privileges and responsibilities.
This from of investment carries a lot of risk, but those who going into it are seldom looking for monetary profits. They are seeking to share in the excitement and live the dream of fame and fortune that racing affords. True financial investors often have many shares of different animals, like people who invest in mutual funds to minimize risk and maximize gain.
A written agreement is truly necessary in this arena, to cover eventualities like failure to pay, wanting to sell out, or distributing insurance pay-outs. Problems arise usually because responsibilities are not spelled out for all parties. Trustworthy partners are important, since problems lessen the fun - which is the main point of the whole thing, after all.
For information on opportunities, legalities, and horses up for sale, go online. There are also great pictures of magnificent animals running with all their heart. This is an exciting way to participate in a sport with immense history, romance, and excitement.
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