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12-20-2011, 07:32 PM
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#1
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Registered User
Join Date: Mar 2004
Location: St Louis burbs
Posts: 1,257
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How much does it cost to keep a high class horse in training ?
Two year old good prospects. 3 year olds who look like they can run and
be something. And older horses who can still run in top class events. Thanks
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12-20-2011, 07:33 PM
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#2
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
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Quote:
Originally Posted by BeatTheChalk
Two year old good prospects. 3 year olds who look like they can run and
be something. And older horses who can still run in top class events. Thanks
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it cost exactly the same as cheaper ones if you do a good job.
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12-20-2011, 08:21 PM
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#3
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Registered User
Join Date: Feb 2009
Posts: 517
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Quote:
Originally Posted by lamboguy
it cost exactly the same as cheaper ones if you do a good job.
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Yeah, what he said.
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12-20-2011, 08:35 PM
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#4
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Registered User
Join Date: Sep 2005
Posts: 1,827
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85 - 100 a day for good trainer that keeps them on poly at KEE until the knees close.
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12-20-2011, 08:51 PM
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#5
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
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Quote:
Originally Posted by BIG49010
85 - 100 a day for good trainer that keeps them on poly at KEE until the knees close.
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who in gods name trains baby's in keeneland this time of year? in case there is a person that does, what king of a nut would pay $100 to train them on synthetic surface in the cold weather where you are going to miss more training days than you are going to train?
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12-20-2011, 10:04 PM
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#6
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Registered User
Join Date: Dec 2007
Posts: 1,829
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Quote:
Originally Posted by lamboguy
who in gods name trains baby's in keeneland this time of year? in case there is a person that does, what king of a nut would pay $100 to train them on synthetic surface in the cold weather where you are going to miss more training days than you are going to train?
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There are a lot of owners out there with more money than sense and are perfectly content to pay full training fees to have their horses walk the shedrow for a couple of months.
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12-20-2011, 10:21 PM
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#7
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Registered User
Join Date: Sep 2005
Posts: 1,827
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Quote:
Originally Posted by lamboguy
who in gods name trains baby's in keeneland this time of year? in case there is a person that does, what king of a nut would pay $100 to train them on synthetic surface in the cold weather where you are going to miss more training days than you are going to train?
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Usually they start 1st of March with the babies, we have quite a few soon to be 3 yr old still at Keeneland.
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12-21-2011, 01:52 AM
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#8
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Registered User
Join Date: May 2010
Posts: 2,021
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Breaking a young horse is where you should start, to get that high class horse. If the person you send the yearling to isn't hands-on or "program trains" every single one you're going to lose out. Every horse is different and it takes a different schedule for him/her to "learn the racing ropes".
It will cost about $75-100/day once at the racetrack. Add between $300 and $2,000 per month for veterinary work, depending on the following factors 1) your vet, 2) your trainer, 3) amount of problems, etc. If you got a high class horse then you're talking stakes so add in transport costs and nomination fees so you're talking upwards of $50k.
My claimers cost around $25-30k on an annual basis to keep in training. And I don't hold on to them long.
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12-21-2011, 02:19 AM
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#9
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Registered User
Join Date: Nov 2008
Posts: 4,333
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The more valuable they are the higher the insurance premium too.
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12-21-2011, 05:12 AM
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#10
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
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Quote:
Originally Posted by nijinski
The more valuable they are the higher the insurance premium too.
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years ago, my partner picked out and bought a soon to be champion at a keeneland sale. he brought the horse home to ocala, broke and trained him. the horse would up winning the hopeful and champagne stakes as a 2 year old but was runner up that year in the eclipse award back in 1981 to a great horse Deputy Minister. this was about the time i hooked up with Tony Everard.
Timely Writer wound up winning the Flamingo and Florida Derby as a 3 year and was the kentucky derby favorite. the owner's of the horse wound up insuring him for $6 million. the horse coliced and was lucky to live but missed the tripple crown series. he came back in the fall in new york and snapped his leg and had to be put down.
http://www.hanknuwer.com/timelywriter
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12-21-2011, 09:06 AM
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#11
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Registered User
Join Date: Oct 2007
Location: NJ
Posts: 5,851
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Quote:
Originally Posted by nijinski
The more valuable they are the higher the insurance premium too.
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You would be amazed at the number of people who do not insure their horses.
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Remember the NJ horseman got you here now do the right thing with the purses!
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12-21-2011, 10:15 AM
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#12
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Registered User
Join Date: May 2008
Posts: 1,556
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Quote:
Originally Posted by onefast99
You would be amazed at the number of people who do not insure their horses.
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We never did, costs were out of control as is. It truly is The Sport of Kings.
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12-21-2011, 10:29 AM
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#13
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Registered User
Join Date: Oct 2007
Location: NJ
Posts: 5,851
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Quote:
Originally Posted by JBmadera
We never did, costs were out of control as is. It truly is The Sport of Kings.
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The agents make a lot of money on those policies $200k of insurance cost about $12k a year.
__________________
Remember the NJ horseman got you here now do the right thing with the purses!
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12-21-2011, 10:32 AM
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#14
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Registered User
Join Date: Oct 2007
Location: NJ
Posts: 5,851
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Quote:
Originally Posted by BeatTheChalk
Two year old good prospects. 3 year olds who look like they can run and
be something. And older horses who can still run in top class events. Thanks
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I have always gone by the $3k a month cost per horse who is in training wnether it is a 2 year old or a 9 year old. This includes the day rate, vet bills and an additional $500-$600 in misc costs.
__________________
Remember the NJ horseman got you here now do the right thing with the purses!
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12-21-2011, 10:53 AM
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#15
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Registered User
Join Date: Feb 2011
Posts: 600
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Quote:
Originally Posted by onefast99
You would be amazed at the number of people who do not insure their horses.
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I have had over 100 young horses over the years and have never insured any of them. Years ago I lost one while training at Kee and recently lost one at a training center in LA where I owned only 10% in a Partnership. IMO it only makes sense to insure if you have only 1 or 2 horses and paid top dollar for them.
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