Quote:
Originally Posted by green80
I don't doubt that to be true. I would say that over 90% of owners lose money. With the cost of the horse,the training or boarding cost, vet bills , etc. a horse has to earn 20 to 25k a year or more to break even. How many horses do that?
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47,123 horses made at least 1 start in the US in 2017.
29 won $1M or more.
1,366 won $100K or more.
4,175 won $50K or more.
11,745 won $25K or more.
14,510 won $20K or more.
32,613 won less than $20K.
The median earnings for that 47,123 were $9,295. Average $21,953.
Both median and average purse earnings are up pretty significantly in the last 20 years. Median up 118%. Average up 71%.
