Ghost Bidding

I don't think the industry is dirty.

It's a flawed market with supply greater than demand. The "value" of the commodity is impossible to really calculate. And it is completely middled by agents with self interest i.e trainers. The trainer is in the unenviable position of having to fill his yard from his own business point of view and select for his client in terms of product and value, and compete against other trainers for both stock and clients.

Breeders have massive real hidden costs in losses of stock from injury and deaths. By real I mean for breeders who planned to do it for a living often find that's where the grocery money disappeared to. This I know from experience.

Sellers that go to the market in good faith and let the chips fall where they may can get pillaged properly. Then the majority of sellers left standing are the tax write-off brigade who will race em if they don't get their price. Like the market which precedes us overseas, this is the long haul we are in for. For the next while it will be better to be a buyer than a seller imho.

Oscar you are extremely naive, you hunt with the hounds who are all but all foxes!!!!
The horse racing community is fraught with skullduggery and it starts with the breeders
and their proxy the middle man playing both sides of the equation. Even the bigger players
in the game are ultimate targets for high priced horse flesh as a shrewder buyer will always
avoid the schemes that are set to trap the big whales.

Most of this is a crock. The greater majority of people are honest, but if you hang with dogs you get fleas.

The entire game is one of uncertainty and where losers have to outnumber winners by a mile by definition. 10 horses run, only 1 can win. Every moan about the handicapper comes from someone who wanted their horse to win instead of who actually did win. 80% of the money goes to 1st and 2nd etc etc The problem is that although it's a difficult game, people often talk from their pockets!

The average price of a horse is about cost, the average trainer just makes a living, the average punter pays for his entertainment. Most races are straight, most people are trying to win honestly, most jockeys are thrilled to win. The intrigue is great, but 100's of people have bought 1000's of horses and are fine, because they know most horses are bought with only a few bids.

Yep ok so I seem to be getting the picture..maybe one day only breeders will be owners then and if owners enjoy the game they can become punters on the breeders horses. I just wonder how the breeders will then be able to pay the trainers to train the horses.

Can someone please explain to me how this works?
You breed the horse
You race the horse
Horse cost R2M
Was it not your Stallion or Mare?
I have always wondered about this

oscar Wrote:

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> Yep ok so I seem to be getting the picture..maybe
> one day only breeders will be owners then and if
> owners enjoy the game they can become punters on
> the breeders horses. I just wonder how the
> breeders will then be able to pay the trainers to
> train the horses.

You say this as if it's a surprise?

Figures I read which I can try to find if in dispute, show that in Australia (with a racing infrastructure MUCH bigger than ours) has more than 50% of ownership of racehorses by breeders.

And to give some perspective, SA has about 350 breeders and AUS has about 10,000.

Wow that I had no idea of..I can now see why and a lot of whats going on now makes a helluva lotta sense to me..tnx JD