First to answer Jordan's original question, I am also keenly interested in having $200,000 dropped in my lap, although I would prefer much more. Years of long and extensive research has shown that, without any other resources to invest (like a $1M dollar horse to race or the ability to write a best seller book), the lottery is probably your best bet and statistically, you're more likely to win local/state lotteries than the powerball.
Second, what have you decided to do with the filly? Are you involved in 4H, Pony Club or any other groups, how do you intend to train her? If you aimed at making her the best pony horse in your area (since she's not elligible to race), you'd probably make a lot of good contacts. How is she doing?
Someone said to post our 'dreams'... mine are so simple compared to others. I watch the Kentucky Derby and am always rooting for some horse.. but still, it makes me sick to see 20 horses come from the gate and run for that first turn. Even if I had a horse that could do the derby and the entry fees (not likely), I wouldn't be able to enter them into that large of a field. I do joke about a Kentucky Derby winner, but in all honestly I'm into the athlete part of it and would be happy to have a couple horses that compete extremely well in my local area (travel is too much hassel). My mare had a respectable career and if she could produce even a couple foals that just matched her career, then I'd be way more than happy. Of course to even have a shot at doing that, I have to breed as if I am shooting for the Kentucky Derby but stay within my budget.
It seem like Jordan is more focused on the fame and fortune side of racing... you're already leaning toward a pin-hooker attitude, you might consider spending a lot of time studying what they do and how they go about getting rich. Not that pin-hooking is bad. Probably the one of the few ways make a consistent ROI in this business. But learning an aspect of the business where you can make the money to afford a Derby contender is probably going to be your quickest route.
Also, FWIW... I can give you the name of a multiple graded stakes winner colt who was imported as a 3yo for enough money that it was written up in bloodstock and all those. He was mult G1 placed and mult winner of G2/G3 races. His career went in the toilet her in the US despite BIG NAME racing connections and this year as a 6yo he's not doing very well even in 5k claimers. I'm sure, part of his value when he was imported was that he was a colt and granson of Nijinsky. But his entire US earnings have not come even close to covering his purchase price, not to mention import. He's never come even close to covering his training/maintenance costs in any year. At five months into this year, he's raced maybe 3 times earning probably less than $1000 total. So no where near his board, training, etc. for the last five months. (He's one of those horses that I hope will get a new career soon. Anyone want a nice looking horse for 5K +tax?)
Anyway, you should study ROI in the racing business. Paying $200k (imported or not) doesn't guarantee you anything but training and boarding bills. Just as an experiment, pull up the mid-range 2yo's that sold 2 years ago and then pull up their race records. Look at the national averages on how racing horses do. Olympic winners don't just jump into the winner's circle (well, except for curling)... they have a raw talent, skill, desire that they have to refine and improve and then they have to out compete and out luck the thousands of others who have the same goal.
Good luck with your filly. I hope she has a good time learning new skills and that you two have many great adventures together. You may be rich and bidding against the big guys someday, but it will be more likely if you focus on recognizing the 'value' in the individual horses instead of aquiring a currently popular name or price range.
Kami
Anyone know a Contest I can enter I need to win Money.
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surprisewind
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UK Breeder (19)
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Hi all
Well i started in breeding when I was 14 (im now 19). I had to start at the bottom. I bought a mare when I was 14 at the sales (cost me very little)
but I liked her and she a nice enough pedigree, well at least for what I could afford. I put her in foal, and her first foal she produced for me was sold when only two days old for £10,000 (on a £600 covering). That horse since went on the win one or two descent races. Unfortunately she has just lost her filly foal. So in this business you take the good with the bad. I was lucky that I made a profit on my small investmaent, and that money allowed me to buy better mares and use better stallions, thus breeding better foals. What I trying to say is you need to start at the bottom and work your way up. You have to be shrewed. There are many mares out there that are cheapish, but have really good pedigrees. You need to study pedigrees and genetics. This is bascially what I did, my night time reading was the stallion directory!!
As said im only 19, I have 8 broodmares that I consider very well bred, I have mares that are from the immediate families of Nijinsky, Forli, Alexander Goldrun, Mill Reef. You need to get mares with strong female lines.
If I was you and you had $200,000 I wouldn't spend in on a racehorse, go buy a descent mare, shove her in foal to whoever, lets say Forestry! And sell the foal. Who knows you might get $16 million for it.
I wish you all the best
Well i started in breeding when I was 14 (im now 19). I had to start at the bottom. I bought a mare when I was 14 at the sales (cost me very little)
but I liked her and she a nice enough pedigree, well at least for what I could afford. I put her in foal, and her first foal she produced for me was sold when only two days old for £10,000 (on a £600 covering). That horse since went on the win one or two descent races. Unfortunately she has just lost her filly foal. So in this business you take the good with the bad. I was lucky that I made a profit on my small investmaent, and that money allowed me to buy better mares and use better stallions, thus breeding better foals. What I trying to say is you need to start at the bottom and work your way up. You have to be shrewed. There are many mares out there that are cheapish, but have really good pedigrees. You need to study pedigrees and genetics. This is bascially what I did, my night time reading was the stallion directory!!
As said im only 19, I have 8 broodmares that I consider very well bred, I have mares that are from the immediate families of Nijinsky, Forli, Alexander Goldrun, Mill Reef. You need to get mares with strong female lines.
If I was you and you had $200,000 I wouldn't spend in on a racehorse, go buy a descent mare, shove her in foal to whoever, lets say Forestry! And sell the foal. Who knows you might get $16 million for it.
I wish you all the best
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AfleetAlex#1fan
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AfleetAlex#1fan
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UK Breeder (19)
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Jordan
I don't mean to be rude, but there would be no point to breed them together. You need to breed to good stallions, not a stallion that has won a mere one or two little races. When we the English were breeding the thoroughbred some 300 yrs ago, only the best arbaian and turk stallions were imported into this country. There is no point breeding rubbish. A good horse with a good pedigree CAN make a lot of money in the ring, but a good horse with little pedigree will only ever make small change. It also costs the same to look after a good horse (i mean in pedigree terms) as it does to look after a bad one. There is already overproduction of thoroughbreds with mediocre pedigrees. I advise you to go away and do your research, study pedigrees and see what works. You don't breed champions by pure luck, you breed champions by having a knowledge of what works, just look at Tesio, Robert Sangster and John Magnier.
You need to do your homework and ask yourself what you want to achieve.
All the best
I don't mean to be rude, but there would be no point to breed them together. You need to breed to good stallions, not a stallion that has won a mere one or two little races. When we the English were breeding the thoroughbred some 300 yrs ago, only the best arbaian and turk stallions were imported into this country. There is no point breeding rubbish. A good horse with a good pedigree CAN make a lot of money in the ring, but a good horse with little pedigree will only ever make small change. It also costs the same to look after a good horse (i mean in pedigree terms) as it does to look after a bad one. There is already overproduction of thoroughbreds with mediocre pedigrees. I advise you to go away and do your research, study pedigrees and see what works. You don't breed champions by pure luck, you breed champions by having a knowledge of what works, just look at Tesio, Robert Sangster and John Magnier.
You need to do your homework and ask yourself what you want to achieve.
All the best
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Skipitgirl
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AfleetAlex#1fan
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surprisewind
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Maybe my reading comprehension skills are rusty and I should stick to Harlequin romance novels.
But, it sounds like, after being GIVEN a horse you're now asking for money to buy more? Who's going to pay the feed and training bills? Who's picking up the tab for the vet when one or both have a problem? You need to get a paper route, get a subscription to the magazines people on this board have suggested and you need to focus on what you DO have, which is an awesome horse all your own.
Also, closely read the above post from the 19 yr old. You CAN CAN CAN do that, but you need to pull your head out of the wherever it is.
And that, folks, is all I will ever again have to say about it. He's got more than enough attention out of the deal.
But, it sounds like, after being GIVEN a horse you're now asking for money to buy more? Who's going to pay the feed and training bills? Who's picking up the tab for the vet when one or both have a problem? You need to get a paper route, get a subscription to the magazines people on this board have suggested and you need to focus on what you DO have, which is an awesome horse all your own.
Also, closely read the above post from the 19 yr old. You CAN CAN CAN do that, but you need to pull your head out of the wherever it is.
And that, folks, is all I will ever again have to say about it. He's got more than enough attention out of the deal.