12-21-2017, 06:28 AM
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#4
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Registered User
Join Date: Jan 2010
Posts: 2,176
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Quote:
Originally Posted by fmhealth
Perusing the entries for next week at TUP I encountered an unusual set of circumstances that I can't seem to reconcile. Your sage insights would be greatly appreciated.
Race #7 on 12/26 is the "Cave Creek Stakes". The usual local trainers with their charges are lined-up for this $25,000 race. Upon further review, I found a horse that is becoming a conundrum for me. "For Greater Glory"#2, ships in from the East coast, 2,400 miles ONE WAY!! His trainer D. Jacobson is well known out east but I've NEVER seen him enter a horse at TUP.
Here's where the story gets even more convoluted. He won a $50,000 claimer two back. The winners share was greater than the total purse for this contest. He has a few recent works, none over the TUP strip & looks like a square price @ 5-1 ML. Picks up a local jock that is 9% winners for the meet (Issy Hernandez).
So, if he prevails & heads back to his home base that'll be almost a 5,000 mile trip for the winners share of less than $15,000!! Could anyone kindly enlighten me as to how this makes good business sense. Keeping in mind that Jacobson is a bright fellow that is as sharp or sharper than most trainers.
Be Well,
fmhealth
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Turning a family trip into a legit business expense for the IRS. Plus maybe pick up some expense money in the process. Charles Givens used to tell people to stop at a few businesses to ask about jobs and drop off your resumes to deduct some of those costs as an IRS deduction. I never had the cajones to risk an audit for that idea.
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