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01-17-2018, 06:28 PM
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#1
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Registered User
Join Date: May 2010
Posts: 5,005
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WinStar Syndicate
My daughter owns a piece of WELL HUMORED running in WinStar colors in the 10th race at Tampa Bay Downs on Sat. Wishing her luck and hope to see her in the winners circle.
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01-17-2018, 06:32 PM
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#2
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Resurrectionist
Join Date: Jan 2017
Location: Cheyenne, Wy
Posts: 3,615
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Quote:
Originally Posted by Ocala Mike
My daughter owns a piece of WELL HUMORED running in WinStar colors in the 10th race at Tampa Bay Downs on Sat. Wishing her luck and hope to see her in the winners circle.
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GL to her!!!!!
__________________
Battle is the most magnificent competition in which a human being can indulge. It brings out all that is best; it removes all that is base. All men are afraid in battle. The coward is the one who lets his fear overcome his sense of duty. Duty is the essence of manhood.
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01-17-2018, 08:39 PM
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#3
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Registered User
Join Date: Nov 2014
Location: Missouri
Posts: 2,190
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good luck, its hard to win
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01-20-2018, 02:04 PM
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#4
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,628
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Good luck to you and your daughter Mike!
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01-20-2018, 05:18 PM
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#5
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Registered User
Join Date: May 2010
Posts: 5,005
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WELL HUMORED beat the big favorite and came back $12.80. Saw my daughter and son-in-law in the winner's circle at Tampa Bay Downs.
What a back wheel (I didn't do it, unfortunately). $2 DD came back over $3600 with a huge longshot (88/1) in the 9th.
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01-20-2018, 05:19 PM
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#6
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Resurrectionist
Join Date: Jan 2017
Location: Cheyenne, Wy
Posts: 3,615
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__________________
Battle is the most magnificent competition in which a human being can indulge. It brings out all that is best; it removes all that is base. All men are afraid in battle. The coward is the one who lets his fear overcome his sense of duty. Duty is the essence of manhood.
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01-20-2018, 05:33 PM
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#7
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,628
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Quote:
Originally Posted by Ocala Mike
WELL HUMORED beat the big favorite and came back $12.80. Saw my daughter and son-in-law in the winner's circle at Tampa Bay Downs.
What a back wheel (I didn't do it, unfortunately). $2 DD came back over $3600 with a huge longshot (88/1) in the 9th.
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Awesome! Congrats!
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01-20-2018, 07:25 PM
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#8
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Congrats Mike. Simply a great feeling I am sure.
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01-28-2018, 11:06 PM
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#9
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Registered User
Join Date: May 2010
Posts: 5,005
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01-28-2018, 11:11 PM
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#10
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Congrats to your daughter!
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01-29-2018, 03:41 PM
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#11
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Registered User
Join Date: Oct 2007
Location: NJ
Posts: 5,851
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Very nice those pictures last a lifetime! So a quick question once all the dust settles what does one actually get from a win like that check wise? I only ask because it seems as if the guys that run those syndicates add in a lot of "costs" that as an owner I couldn't stomach if my trainer did that. But I am sure there are good explanations for those "service" fees.
__________________
Remember the NJ horseman got you here now do the right thing with the purses!
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01-29-2018, 04:15 PM
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#12
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Registered User
Join Date: Jun 2017
Posts: 89
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Congratulations. Really something special.
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01-30-2018, 10:00 AM
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#13
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,861
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__________________
Who does the Racing Form Detective like in this one?
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01-30-2018, 10:08 AM
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#14
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Veteran
Join Date: Jul 2004
Location: totonto
Posts: 618
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the yearly winstar derby contest starts feb. 01...lol... ...congrats as well...a great place to find many a winning horse...via owners and trainers,
espec. in the graded races...lol
Last edited by bpiets; 01-30-2018 at 10:09 AM.
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01-30-2018, 01:58 PM
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#15
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Registered User
Join Date: May 2010
Posts: 5,005
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Quote:
Originally Posted by onefast99
Very nice those pictures last a lifetime! So a quick question once all the dust settles what does one actually get from a win like that check wise? I only ask because it seems as if the guys that run those syndicates add in a lot of "costs" that as an owner I couldn't stomach if my trainer did that. But I am sure there are good explanations for those "service" fees.
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I didn't check with my daughter as to the financials on the deal or tax implications. I do know there are 100 shares, and she owns one. There are a total of 40 owners, so obviously some owners have more than one share, and WinStar may have kept some for themselves. I also know that it's a one-year closed-end lease on 10 female horses of racing age, and my daughter pays a fixed monthly amount. Not sure if she'll get a monthly statement or at the end of the year.
The winner's share of the purse was around $30,000, so there's that in the bank, but the syndicate was capitalized with many times that so I wish the members luck getting a decent return.
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