What Percentage of Thoroughbred Owners Turn a Profit?

The Blood-Horse magazine has published an article based on a study from the U.K.

“For all but a very few mega owner-breeders—whose aim is to create stallion prospects and for whom this is very much a business—having one or more horses in training is a leisure pursuit, something to take the mind away from the day-to-day concerns of work, health, and family. As such, there is a line of thinking that you should not really expect a return on your leisure investments any more than if you take up golf or sailing, or hill walking.

But the reality is that racing is a professional sport which supports a whole industry and has prize money to match, most of which goes to the owner…”  Read the findings here

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About Editor

Rich Nilsen is a 19-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 of the NHC twice. A former executive with Brisnet.com and a member of the NHC Players’ Committee, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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