Monday, June 29, 2015

How To Own A Racehorse

How To Own A Racehorse


by Freida Michael


Horseracing is known to be one of the finest sports in the entire world because it is known to be an activity that only the wealthy and the elite class would engage in. Of course if one has some money at hand, then he can actually buy himself a good horse and use it to win contests for money. Of course if one would want to partake in this activity, then here are a few tips on how to own a racehorse and use it for racing.

Of course the very first thing to look at would be the breed of the horse that will be bought. One first must have a good breeder friend who will advise him on going about while looking for the perfect racehorse. One must also do his research on the best horses that can be used for racing.

Now once one has already decided which breeds he should then take into consideration the costs that he will be incurring when he pushes through. Now as stated above, there are horses that can perform better than others which would make these horses actually more expensive. So aside from the breed of the horses, he also has to take note as to how much the different breeds would cost.

Now from there, one would already have to canvas as to where and how he is going to buy his horse. First, he has to know if he is owning a horse on his own and earning the profits his horse make on his own or establish a partnership on the ownership of the horse and split the profits among the partners. Obviously both have their own pros and cons and would depend on the situation.

Now after that has all been done, then one now has to look for a seller to get his horse. Now the very first place that one will probably think of looking would be in racing arenas. Of course there are also some auctions that would sell purebreds to the highest bidder. There are other people who have friends in high places and can buy one from them.

Once one has already gotten his horse, he would then have to factor in the costs that would be used for the maintenance of the animal. This would include food, shelter, and all its basic necessities. Other than that, there would also be the vitamins and supplements that the horse would need to be strong.

Lastly, one would need to hire a good trainer to be able to train to horse to perform well. Now there are a lot of experienced horse trainers that can be found in this industry who are just waiting to train horses. One has to just factor in this to the costs that will be incurred when maintaining a horse.

Now as soon as every aspect of this has been taken care of, then he can already send his horse to competitions. He will also need to get himself a good racer to ride the horse as well. From there, he will be able to compete with other horses in races.




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