How to Invest in a Racehorse

573 WordsFeb 4, 20182 Pages
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

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