05-10-2022, 12:47 PM
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#629
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by v j stauffer
Day money at the very best allows a trainer to break even.
There are three ways a trainer can make serious money and become comfortable financially.
1) Commissions and appreciation dollars from buying and selling horses.
2) Successfully gambling on their own horses.
3) Purse money. 10% which unlike jocks in most cases is 10% all the way across the board.
It is EXTREMELY hard to stay afloat as a trainer. EXTREMELY!
The people getting rich at the races are vendors.
Vets, farriers, feed men, tack stores, jocks agents.
IMO it's safe to say that being a horseman, perhaps more so than any vocation I've ever seen, is TRULY a labor of love!
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thx VJ
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