The Centenary Club Bass Racing

Are any of the Clanners involved in this club.Currently offering shares in 2 racehorses for once off payment of R3999.00.Just looking into owning a share of a tail.At least I can lay claim to have owned part of 2 racehorses... 👍

These fractional shares only one person makes money. If you want a share in a horse then get hold of a trainer. So many syndicates are designing these shares where they include 2 years training and vet bills at inflated prices, admin fees,profit on cost price. For two years the training money sits in someone’s account.

I have heard about fraction shares for R500 , I cannot believe people fall for them. I have noticed some tipping sites offering shares and this is where they make money. There was a site offering 1% shares for R6500 a year ago and the horse has not even run.
Most people then buy into them because it seams a cheap amount but you land up with zero.

You will get all type of syndicates. This syndicate seems to be more of a legitimate one and run by one of the Bass family members if I am not mistaken, Mark. They already have Nippy Winter.

It all depends who you trust and what experience they have in syndication or racing itself.

Deez, is running a syndicate.

Smanga's agent also has a syndicate with mostly raced horses and they have done well. The costs is split amongst owners and shares are limited to certain amount of owners.

I also see many trainers also offering shares in raced horses. Some of them have immediately won after the part owner got shares in it.

The most famous syndicate is no doubt, MyRaceHorse, part owners of Authentic, the Kentucky Derby and Breeders Cup winner. I think they also got rights and ownership for its Stallion career as well.

There is a jumper who won recently and I think he has been targeted for a race in the Cheltenham festival. His name is Does He Know and is owned by a syndicate named Yes He Does 😊


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Not sure if Easy's syndicate do micro shares but they do offer other stuff like tipping lines and trips etc

I think syndication is a great way to get people into the game.

Just be careful for the inflated up front merchant's 😉

Is owning 1%, or a fraction of that 1%, something people aspire to? Genuine question.Why would you want this? To experience being an owner without the associated pain? My thoughts are if you cant afford a racehorse you better off punting. That's not being elitist or arrogant, I don't own horses myself.

Imo there are positives and negatives to be considered and the decision would be different for various individuals.

For me the positives are spreading the risk - most 'financial advisers' advocate that one should 'diversify' your investment - I'm not saying that racehorse ownership is an investment, but buying into various syndicates (given that one has done your homework) is a good way of spreading the risk - the opposite of course also holds true if one should be lucky enough to have shares in a champion - then your reward is also relative.

A big negative for me personally, is that one has no control on what happens to 'your' horse - you do not have a say in who does the training (and where it will run), how to plan the horse's career (if good enough) etc.

For me the best option to have a 'rewarding' experience, is to get together in a partnership with a couple of mates (ideally involving a trainer) - and to be prepared up front that things can go pear-shape - I always like to tell the story about going to watch your team playing - that is the 'reward' - if they win, it is a bonus :dry:

So here's my take:

200 shares at 4k a pop gets you to R800 000

Horses were bought off the November two-year-old sale for a combined R160k

So the balance of the 640 000 what does that cover? Horse in training for SA for what 20k a month? Does that mean you have your share for the next two and a bit years while the training fees are whittled away? Website doesn't provide a great level of detail barring saying it covers training fees, insurance and vets but doesn't nail down the specifics. It is on a lease basis? Do you get the spoils if either of these two turn out half decent and a big money overseas offer comes? What about the filly and her potential paddock value? Are you paying some of the costs already incurred to date since the hammer fell?

Stake for a maiden race in SA? Using the first at Durbanville next week as example, after trainer and jockey stake deduction (using rough 10%) leaves 35k divided among 200 people so a return of 175. :whistle:

Great if you want to have an interest and let's be honest everyone says 'that's my horse' when actually owning three tail hairs but is this the solution? I'm not sure.

These things are all relative Mickey imo

It's like the gambler that wagers R5000 and the Gambler that has R10 on, they are still backing the winner when they win and the loser when they lose

IMO and experience

The minimum percentage would be 5% but preferred 10%

Eg you have 10 mates at 10%

Everything is transparent

Purchase price, training and vet and you split and pay each month and any return and split .

I have been doing the admin for any horse I have been involved with for years.

The difficult part is cutting your losses and finding a good home ( for the horse not the owners )

Good owning.