PDA

View Full Version : WinStar Syndicate


Ocala Mike
01-17-2018, 07:28 PM
My daughter owns a piece of WELL HUMORED running in WinStar colors in the 10th race at Tampa Bay Downs on Sat. Wishing her luck and hope to see her in the winners circle.

jocko699
01-17-2018, 07:32 PM
My daughter owns a piece of WELL HUMORED running in WinStar colors in the 10th race at Tampa Bay Downs on Sat. Wishing her luck and hope to see her in the winners circle.

GL to her!!!!!

Afleet
01-17-2018, 09:39 PM
good luck, its hard to win

PaceAdvantage
01-20-2018, 03:04 PM
Good luck to you and your daughter Mike! :ThmbUp:

Ocala Mike
01-20-2018, 06:18 PM
WELL HUMORED beat the big favorite and came back $12.80. Saw my daughter and son-in-law in the winner's circle at Tampa Bay Downs.

What a back wheel (I didn't do it, unfortunately). $2 DD came back over $3600 with a huge longshot (88/1) in the 9th.

jocko699
01-20-2018, 06:19 PM
WELL HUMORED beat the big favorite and came back $12.80. Saw my daughter and son-in-law in the winner's circle at Tampa Bay Downs.

What a back wheel (I didn't do it, unfortunately). $2 DD came back over $3600 with a huge longshot (88/1) in the 9th.

:headbanger::headbanger::headbanger::headbanger:

PaceAdvantage
01-20-2018, 06:33 PM
WELL HUMORED beat the big favorite and came back $12.80. Saw my daughter and son-in-law in the winner's circle at Tampa Bay Downs.

What a back wheel (I didn't do it, unfortunately). $2 DD came back over $3600 with a huge longshot (88/1) in the 9th.Awesome! Congrats! :jump:

reckless
01-20-2018, 08:25 PM
Congrats Mike. Simply a great feeling I am sure.

Ocala Mike
01-29-2018, 12:06 AM
Good article about the WinStar Syndicate here: http://www.thoroughbreddailynews.com/pdf/tdn/tdn180129.pdf

cj
01-29-2018, 12:11 AM
Congrats to your daughter!

onefast99
01-29-2018, 04:41 PM
Very nice those pictures last a lifetime! So a quick question once all the dust settles what does one actually get from a win like that check wise? I only ask because it seems as if the guys that run those syndicates add in a lot of "costs" that as an owner I couldn't stomach if my trainer did that. But I am sure there are good explanations for those "service" fees.

PointGiven
01-29-2018, 05:15 PM
Congratulations. Really something special.

Tom
01-30-2018, 11:00 AM
Cool! :ThmbUp::ThmbUp::ThmbUp:

bpiets
01-30-2018, 11:08 AM
the yearly winstar derby contest starts feb. 01...lol...:)...congrats as well...a great place to find many a winning horse...via owners and trainers,
espec. in the graded races...lol

Ocala Mike
01-30-2018, 02:58 PM
Very nice those pictures last a lifetime! So a quick question once all the dust settles what does one actually get from a win like that check wise? I only ask because it seems as if the guys that run those syndicates add in a lot of "costs" that as an owner I couldn't stomach if my trainer did that. But I am sure there are good explanations for those "service" fees.

I didn't check with my daughter as to the financials on the deal or tax implications. I do know there are 100 shares, and she owns one. There are a total of 40 owners, so obviously some owners have more than one share, and WinStar may have kept some for themselves. I also know that it's a one-year closed-end lease on 10 female horses of racing age, and my daughter pays a fixed monthly amount. Not sure if she'll get a monthly statement or at the end of the year.

The winner's share of the purse was around $30,000, so there's that in the bank, but the syndicate was capitalized with many times that so I wish the members luck getting a decent return.

Ocala Mike
01-30-2018, 03:01 PM
the yearly winstar derby contest starts feb. 01...lol...:)...congrats as well...a great place to find many a winning horse...via owners and trainers,
espec. in the graded races...lol

This contest is how my daughter got started with WinStar. She won or placed in it one year and got tickets to the BC in WinStar's box, a tour of the farm, and a swag bag of goodies.