Cape Ownership - Yesterday

agra Wrote:

---

>
> Having said that, it is high time that owners have
> some sort of "recourse" for so-called expensive
> flops.
>
> Why should it be the owner (consumer) that always
> bear the brunt. It is almost never the trainer or
> breeder.
> All owners get told is that we should get rid of
> the horse. Who sold us the horse in the first
> place.

LOL. Some sort of...
Suggest something. Also, if it comes good, what benefit offered in return for the cheap buy?

How about claiming our money back from Tipsters that sell their TOP BETS and it flops?
Or the value bets that don't arrive?
How about sue-ing the Bookies for pricing up false favourites deep in the red?
OOPS!!!

I think we betta be carefull here?:S

johnnycomelately Wrote:

---

> How about claiming our money back from Tipsters
> that sell their TOP BETS and it flops?
> Or the value bets that don't arrive?
> How about sue-ing the Bookies for pricing up false
> favourites deep in the red?
> OOPS!!!
>
> I think we betta be carefull here?:S


Johnny my Father told me when i started punting,remember one thing."When you hand your money over the bookies counter it now belongs to the bookie"

the same should be highlighted when buying a horse.you pay your money ,now you need luck..

can i get a refund on the money i spent on my non-performing ex-wife?(actually she performed all the time that's why she's an ex!!

The Mistres's performance is always prefered! lol!

Ok ok ok
I get the point.

I guess the 2Oceansracing deal and the Teamg deals are much better for us some okes

Thanks.

Posted from the Black farking Berry.

Look at results over a representative period ,not 1 meeting!Lots of smaller owners here....

Agra, you cant hold trainers & breeders responsible for poor performing horses unless you were handled, "buyer beware".

What you should be doing is giving your trainer a contract to sign or you find that only you pay, e.g.:
1. If a horse is rubbish you give it away or sell to Kimberly for 10k ( I have given away more than I have sold)
2. If the horse does well & wins a Grade1 some trainers have a clause that they take an extra 10% for Grade 1 wins.
10% + 10% for the trainer plus 10% for the jock and some bonuses for the yard
3. If the horse does well and you sell it then the trainer wants 10% of the sale price. (This is one time they want credit for choosing)

All of this I have been through and have no probelm with it as long as the trainer carries the 10% loss with me on the rubbish.

Tiger
I am not in this position as I do not own any horses.
I was just thinking aloud as to how a owner can minimize risk. I guess the options given by 2oceans is one way of ownership.
Else it is 6-0 to breeders.

And hooray to the guys who choose not to own.
I am a punter. I rather punt than own.
Learned my lesson.

Thanks Boet.

Agra - I have to disagree.

If breeders had it all their own way and had all the inside skinny, they would surely keep all the superstars and sell only the dross. Which does not happen (or at least not very often). An astute breeder (much like an astute buyer) might have an eye for something, but that does not guarantee anything and breeders are right (and wrong) as often as anyone else.

Also, a stud farm that keeps the best and only sells rubbish is not going to stay in business for very long as it's not a great long-term strategy.

When it comes to purchasing livestock - particularly something that costs as much and takes as long to become marketable as a horse - I think the breeders actually carry quite a lot of risk. The mare (or foal) could get sick and die (there's your nomination, if not your entire cover fee, gone, plus any hope of any future earning potential). The foal could be born with some sort of defect (again, cover fee plus a year's worth of waiting and feeding the mare, gone). And even if everything goes 100% according to plan, healthy birth, healthy foal, stallion is still fashionable by the time the foal goes to auction, yearling gets good inspection marks, etc - there is still every possibility that your foal won't sell (or that it will sell way below what you've spent producing it).

I'm not saying that potential buyers, trainers, speculators, etc run any more or less risk, I'm just pointing out that it's not exactly a bed of roses for our breeders and it seems that in this game, we're all punters in some way, shape or form

agra Wrote:

---

> Tiger
> I am not in this position as I do not own any
> horses.
> I was just thinking aloud as to how a owner can
> minimize risk. I guess the options given by
> 2oceans is one way of ownership.
> Else it is 6-0 to breeders.
>
> And hooray to the guys who choose not to own.
> I am a punter. I rather punt than own.
> Learned my lesson.
>
> Thanks Boet.

You own a horse for the duration of the race if you had a bet(i like to see it this way)

Mr H
You have a point.