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Originally Posted by DropofHope
WOW! Are you a great judge of winning horses or lucky? or both? If you don't mind me asking - how substantial of an investment did it require from each partner? If you do mind....I totally understand!!! 
My other question is - how did it come to pass that you had 4 friends who were also involved in racing? |
When it comes to picking the horses the credit went to our trainer ( family friend ) and no matter how good you are at finding the horse it take alot of luck to just get to the races, much less win one.
We bought our first filly from a 2 yo in training sell at Hollywood Park in 86. A tiny little filly with obscure breeding and she sold for $4000. 7 months latter we started her at Fairplex Park and she went wire to wire for our first win. Training cost at the time were about $2000 a month, but that has gone up in 20 years.
The partners all worked together , played the horses and could use a write off on our taxes. We were real lucky to come out of the venture without losing alot of money and had great time.