05-09-2022, 06:42 PM
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#618
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Authorized Advertiser
Join Date: Dec 2014
Location: Oakland, Ca
Posts: 7,953
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Seems we have different opinions on the economics of race horse training and ownership. Look over the pp's of races at lower-tier tracks, and find plenty of trainers whose horses don't even make their feed bill in purses. They need to supplement their income--unless they come from a racing family-or have a rich daddy to prop their "hobby". And yes, if you don't make a living at the track-it is a hobby. Same with a gambler who doesn't make money-is he a professional gambler? Naw just a hobbyist.
Certain trainers seem to lack any skills at all. This trainer is so bad...he can't even run a successful betting coup.(I x'd his name out because my point wasn't to ridicule him/her personally.) This isn't all that uncommon, either.
There is a joke frequently told in racing circles that runs along the lines of:
"How do you become a millionaire owner in racing?
Start out as a billionaire."
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