The above is an example of how it works most of the time.....people would be shocked if I mentioned names of trainers and bloodstock agents that I have a VERY knowledgable account of them pulling these kinds of shady deals.....shocked I tell you...I could even nae the sales, the horses and the way it was done - but I obviously would never do that here....I acknowledge these accounts on this forum just to let you understand how FURIOUS I get when I hear or see it happen....
It is the single biggest thing wrong with our industry today IMO...
OWNERS PROTECTION (we don't do enough of it) these guys screw (gentle term) the very people that fnd the game and personally patron them as trainers and keep them in business...How cold is that?
An absolute cancer to our game and it WILL eventually kill our game...mark it down, unless something changes....Think about it for a minute...There are too few wealthy persons that are eligible to own horses anyway - say maybe the top 3-to-5 % people in the country and less in the world (percentage wise)....Now, tell these owners - many of whom made their fortunes through SOUND business practice - that they will now be investing in a game that is a 95% chance that they will lose money every year involved based on racing costs and revenues, and is also a high-risk proposition in terms of the actual principle investments itself (the horse(s) ) as far as paying $5,000 - $5 ,illion on an animal that can break down or colis and die at any minute....Adding to the intrigue now, you have these *******s - these opportunist leaches and scumbags of the earth - who are supposed to be your advisors to help you succeed in the game when they are really looking to drain you for every dime you can before you have bad luck and leave them (which is inevitable)....(BTW, I've even heard a VERY famous trainer say that he drains them aggressively early on because you never know how long they'll be with you - referring to rich clients)...Once horse racing is exposed for this type of wide spread scandal beyond the other scandals that already exist in our game, DOES THIS SOUND LIKE A GAME YOU WOULD BE INTERESTED IN INVESTING YOUR TIME, MONEY, AND ENERGY IN?
These *******s are getting rich on ZERO credentials and ruining our great game at the same time...I hope everyone of them gets caught and prosecuted..I really do....we have to come up with a better way to protect our owners before it is too late to where our reputation is such that horse racing will be known as a game of frauds and cheats and one that nobody will touch with a ten-foot pole when it comes to investing in it....scary thought, but think about it..
I don't care how dumb some people are, NOBODY will just sit there and lose their ass in an industry and take it with a smile - I guarantee you that...not even most of the wealthiest people in the world.....and now with all of this stealing and dirty business with trainers and agents with buying horses - I REALLY guarantee that people won't sit back and get humiliated and allow people to cheat them, even if its more principle that money driven...
Let me also say this.....trainers need to accept more responsibilty when it comes to buying horses legitimately too IMO......If you are a trainer and you think a horse is worth $100,000 and want to buy him at a sale and you go to $150,000 to buy the horse because you think you can because it is the owner's cash and not yours - that is wrong and unethicle IMO....Trainers should spend the money as if it was their own, but they don't becasue they are usually lazy and ultimately do not care about what the owner spends for a horse as long as they get to train it....(not all trainers are like this obviously..I'm singling out a popular group that I see this sort of behavior from all the time). I laugh because they raise their hands like its no big deal at all....I watch some of these guys at the auction..a horse will be going $400,000....$450,000....$500,000 and the hands effortlessly go up in the air and I can't hal;p but think to myself with soem of these guys that "Damn, he has never probably even seen $500,000 in his total life - yet he is effortlessy bidding it as if it were like chump change" - how ironic I find that....
This game has ALOT of horrible habits ad traditions that simnply need to be run out...they are cancerous and sometimes as an owner you almost get the fealing as if your are supposed to be f *cked over in this game when this sh it happens....its almost like they expect you to accept it....
The overall fact that the owner economics in this game are WAAAY upside-down suggests that we really need to address this issue fast and make it right...
Think about it...if you were a stockholder in a company that always lost money, wouldn't you sell and find a better investment?..Of course you would....Owners are the lifeblood of the industries...without them there is no product...no horses....no trainers get paid, no jockeys get paid - see where I'm going?
Yet despite that fact, 95% of the owners in our game lose their asses every year while some of the trainers and jockeys get rich....upside-down economics....
Owners pay for everything...the last thing they need now is getting a ram-job from these *******s who claim to be professionals - but are really just fraudulent crook hillbillies that call themselves trainers and bloodstock agents (again, most trainers are probably okay people...as for agents - no comment...I'd never use one...)
09-08-2006, 04:20 PM
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