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Originally Posted by Phantombridgejumpe
I follow a couple of partnerships and one 'good' one has 4 horses at this moment and they have had fewer than 10 starts total this year. I couldn't deal with that.
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Making money when owning a piece of a "public" partnership is tough. First, you have 100% of the day rate, vet and van bills. Second, when you win 30% (or thereabouts) comes off the top to trainer, jock and Partnership Manager. In addition Partnership Manager is incented to run horse where he will not be claimed in order to maintain a steady stream of 10%s. Owner is incented to spot horse more aggressively as he needs wins (not 2nd, 3rds, 4ths) to make ends meet.
