Legendary thoroughbred racehorse trainer and Australian Racing Hall of Fame member, David Hayes once said, ‘Buying a horse is like buying venture capital stock. The pay-offs will be better than the incremental returns you might experience playing the stock market.’
For centuries, horse racing was a sport only played by the rich. It became extremely popular among the members of the royalty and the aristocracy that horse racing, or thoroughbred racing, was branded as the “Sport of Kings”. But that was then.
Today, becoming an owner of a racehorse is not only limited to the people who move in elevated social circles. Anyone who wants to own a thoroughbred racehorse has the opportunity to make his/her dreams come true.
Investing in a Racehorse
People who invest in horseracing is in for the game; they love the sport, the horses, the excitement, and the rush of adrenalin every time their favourite bets win the game.
If you chose to invest in the horse racing industry and become part of its lifestyle, one thing that you need to remember is that horse racing is a sport. It can also be a very profitable investment, but it is a risky business that is not for the faint-hearted. It is a gamble, so you need to be ready for the consequences, whether it’s good or bad.
Once you buy a racehorse and join the thrilling world of horseracing, you’ll have to face two different outcomes: one, you’ll end up making a fortune or two, you’ll end up losing a huge amount of money in an
Upon one’s initial glance the sport of barrel racing might seem as though it is a very basic, straightforward, and even easy sport to achieve a high level of success. However, barrel racing is exactly the opposite. To be a highly skilled barrel racer it takes far more than just agility, strength, and trust from both the horse and its rider. It takes a great deal of patience to learn, be taught, and to have trust in every aspect of this sport. This is a fast paced sport that requires a great deal of dedication, skill, and motivation from every competitor, and horse, regardless of their age or skill level. Along with the above stated skills comes an extremely high level of danger, that I sadly got to witnessed first hand. Every aspect of this
First off when purchasing your horse you have to watch for proper balance. Balance is arguably the most important aspect when examining a horse since it is fundamental for both movement and performance, this is determined by the horse's bone structure.(Duberstein) Some aspects that play a role in determining the balance includes the horse's weight along with the proportions and angles of the body. A horse can be light weighted or heavy weighted and still balanced if its bone structure allows for equal distribution of that weight. Appropriate balance of a horse allows it to carry itself in a well mannered fashion.("Test Your Eye for Horse Conformation") Along with a horse's balance, structural correctness plays a major role in
I remember as a little kid and now being fascinated by race horses. When I was around eight years old, my grandfather took me to a farm where they raise race horses. They were out exercising Mine That Bird and a few other horses. I thought it was so fascinating! The owner walked up to and asked if I enjoy watching them, I said very shyly,” yes sir.” He took me to the barn and let me look at all the foals and I was astonished. I got to thinking what all do they have to do to get these young foals ready to one day race? I asked Mr. Allen, and he said, “there are many things that you can do but some people don’t do the right thing and they cheat their way to victory”.
Horse Racing is very contronsival topic. Horse Racing is 39 billion dollar year industry. This is ,major sport and has a lot revenue. There are many people who go down to track and bet on these horses as entertainment day. It is filled with good times, booze, and gambling. All the thing you need to have fun. However, what happens to the horses?
Horse racing is more than just being a sport for most Americans, it 's a part of our culture and who we are as a people. I think that America 's confidence and trust in horse racing, and any wagering that goes along with it, underscores our historical loyalty to horses. After
Throughout the history of American Quarter horses the main issue of the industry is the extent amount of drug usage on horses. The use of drugs on horses can help for healing and speed up the time of injury recovering, yet most of the time drugs hurt the horses. Today, this abusive action has only increased since the founding of the association. Quarter horses are jeopardized by having drugs injected in them to gain endurance and speed, but people fail to mention the risks that can occur. Injecting horses with dangerous drugs can cause heart attacks that may cause death after their race.
May 10, 2006. It’s a warm foggy morning in Kentucky. In the early morning hours a racehorse, Mining My Own, went into labor. By nine that morning, she gave birth to a less than extraordinary bay stud. The breeders decided to name him, Mine That Bird. His owners never really thought the horse would amount to much, and as a yearling, decided to sell him for the low price of $9,500. MTB went to a race track in Canada and started his racing career and later returned to the United States. He won just enough races to qualify him for the biggest race in the thoroughbred industry, the Kentucky Derby. Mine That Bird was the 19th out of 20 horses in the race
Selection is based on previous performance including race record; pedigree and phenotype to which play an important role when evaluating racehorses with conformation which is subjective to opinion or experience (McIlwrath, 2004). Foals in the racing industry are purchased through auction sales and stud farms and are based on their conformation, way of going and pedigree although conformation criteria differs from foal to 2-3 year old through musculoskeletal changeability. What has to be considered is the sire or dam who have produced winning progeny and has made the most prize money through races ran (O 'Mara, 2015).
“Doping and the inappropriate use of normal medications present a serious threat to the integrity and reputation of our sport, because they give athletes an unfair advantage and threaten the welfare of horses.”(FEI’s Clean Sport Campaign pg1) Federation Equestre Inerationale and several other animal welfare organizations have well-established regulations trying to create a more perfect sport. Because riding in shows is so competitive riders need to understand that showing isn’t always about winning but learning for the experience of showing.
“Thousands of Thoroughbred racehorses will have only a three to four year racing career if any at all. There may be no future for them at all and possibly slaughter.” Van De Motter said.
Tuesday November the 4th marked another Melbourne Cup, promising a day filled with champagne, crowds and colour. 1000s of spectators, staff and jockeys had lined up in the hope of cashing in on some success. Unfortunately this was not the case for the owners of Admire Rakti or Araldo, who tragically died after the race. This sudden and shocking news has re-ignited the issue of whether horse racing should be banned in Australia. Ironically this issue is driven on both sides by the same impulse: the love of the horse. Organisations including the coalition for the protection of racehorses along with animal welfare groups are concerned about the treatment and well-being of the horses. Similarly, horse owners, jockeys and staff’s main focus is the welfare of the horse.
In this manner, I will acknowledge the oppositions argument against the event’s cruelty; my broad understanding of the issue will instil some level of confidence in readers. A contrasting conjunction will be used however, to cut across the positivity that will be created and will hint at the author’s position on the issue; that the Melbourne Cup is cruel. Aiming to appeal to the audience’s sense of empathy, the excruciating training undergone by the ‘two-year-old horses’ will be explained with the consequences listed: ‘torn ligaments and tendons, dislocated joints and even fractured bones’ and ‘excessive stress’. This building up of sympathy prior to the introduction of the arguments will invoke in the audience the want to halt this cruelty already. The commonly recognized phrase ‘the race that stops a nation’ will be used effectively to convey the author’s point of view on the issue, serving as a pun. Intending to create guilt in the readers, the celebration on this day will be shown to cost the lives of the horses. Rhetorical questions will be utilized to belittle the opposition’s arguments, leaning on the side of sarcasm. The use of reputable sources such as the University of Melbourne, the RSPCA and the Coalition for the Protection of Racehorses throughout will provide shocking statistics that support arguments, this will evoke moments of agreeance in
Since my parents are directly involved with horses they enjoy participating in these events and so do I, they are fun to watch and not to mention I love to ride horses. This community is heavily passionate about what they do it’s their hobby and also their life they take care of their horses every day. They express a feeling of joy with their animals and try to share it with the audience by competing.
Wagering bets on horse races have been one of the main factors of an appeal that have kept this profession alive. The betting system used primarily in the United States has been used for hundreds of years where bidders get payoffs based on the odds against the horse they want to win. Bettors can wager not only on the winning horse, but they have the option of bidding on the horse that comes in first or second, the horses that come in second or third etc. and win a prize based on what they
The science behind evaluating racehorses is deciding which faults make a direct impact to the horse’s career. The requirements needed for a horse to succeed starts at the conformation of the foal/yearling. To which conformational faults are passed down from parents, however, faults may or may not have consequences to their racing career, and therefore different trainers/bloodstock agents may have different inceptions with regard to acceptable faults (TOBA, 2015).