Quote:
Originally Posted by jms62
Mattress King is a class 1 doucgebag but what I highlighted above is preposterous that is in it to lose.... If that was the case then why run a horse that is favored in a race with a 1.5 million dollar purse ?
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I had the same reaction. It makes no sense to purposely lose money so that you pay less taxes on your other income. You still come out a net loser on the combined income/loss. The guy is stupid, but probably not that stupid. Or, at least his accountants are probably not that stupid.
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Curlin and Hard Spun finish 1,2 in the 2007 BC Classic, demonstrating how competing in all three Triple Crown races ruins a horse for the rest of the year...see avatar
photo from REUTERS/Lucas Jackson
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