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Originally Posted by blackthroatedwind
That horse is not worth $32K......not really even close.
What does what was paid for him as a 2YO matter? He has now established his value and pretty much run out of conditions.
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You say that he's not worth $32,000. Don't they have state-bred claiming races? He could run right back in the race that he just won. He'd have to run for a tag to be eligible, but he'd have a decent shot to win. He probably couldn't compete in an open $32k claiming race, but in a state bred he would probably be fine.