A Financial Sample

Basically, how well the owners do financially depends on the owners' horses success.... it is definately a pay for performance business! The owners and connections are paid a percentage of the purse when the horse finishes in the top 5.... which usually works out great if there are only 5 or 6 horses entered in the race! The approximate breakdown of the purse is as follows:

1st Place: 55%
2nd Place: 20%
3rd Place: 15%
4th Place: 7.5%
5th Place: 2.5%

Now let's assume for example a middle claiming level filly, running for a typical $8,000 purse.

January 3 - Vet bill (-$100)
January 5 - Horse shoeing (-$60)
January 8 - Filly races, finishes fourth (+$600)
January 8th - Jockey mount (-$35)
January 8th - Pony to Post (-$15)
January 27 - Filly races, finishes second (+$1600)
January 27 - Jockey mount (-$50)
January 27 - Pony to Post (-$15)
January 27 - 10% of 2nd money to trainer (-$160)
January 31 - Training daily costs @ $35/day (-$1050)

Net profit for the month = + $715.

As you can see, getting even a fourth place finish pays very well!

Of course, there is risk involved, if the horse gets injured, or doesn't want to run, etc., and it is possible to lose money. We strive to make each month profitable, but we ask that you spend only as much as you can afford to lose, so that the profits can be considered more as a bonus. Getting to the winner's circle is the ultimate goal..... and our objective is to make the racing experience as fun as possible!