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Owners need to be split into groups.
At the top end you have the uber rich owners such as
Kirsten Rausing
The Queen
John Magnier
Niarchos and family
various Sheikhs
then there are rich owners who are out to impress
Followed by owners with more money than sense
Syndicates
Owners who come in and go straight out of the game
Owners in for the the gamble
Owners in it to cheat at the game
Once you have worked out what group an owner is in you can study them.
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In the UK one thing is perfectly clear: It is extremely unlikely you will profit from owning horses. The prize money here is poor compared to other major nations and training fees, vets bills, racing admin are just too much of cost to recover from paltry prize money.
But here in the UK we have a healthy betting market with bookmaker's odds (fixed prices and starting prices), Tote and exchanges. These mediums make owning horses attractive because of the closed knowledge an owner can have with the trainer and the jockey.
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