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  #21  
Old 06-09-2006, 11:16 AM
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Cajungator26 Cajungator26 is offline
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Quote:
Originally Posted by Exceller
When I say "my horse is running tomorrow" that is correct, it is my horse even if I only own 10% or even a half-unit.. I love jealous guys like you who attack syndicate owners. If High Finance wins tomorrow every person that owns a piece has every right to say they owned a Belmont Stakes winner. Why don't you write a $20K check and see if you call yourself an owner?

Comparing gamblers partnerships to owners is also ridiculous. It sounds like you don't even put up money. Buying a piece of a horse with a good sydicate costs around 10K-70K for 10 percent which usually covers all costs until the end of the year. Even if you buy half units it costs about $5K-$35K to buy into a horse. Then you are looking at about $5K if you own just 10% of the appx $50K per year costs, unless of course there are checks. Get real.
I understand your point of view too and don't necessarily disagree,... but to me, if YOUR name isn't on the horses's papers, then he isn't YOUR horse. I want MY name on the papers before I call him my own. JMO.
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  #22  
Old 06-09-2006, 11:22 AM
Exceller Exceller is offline
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Originally Posted by Cajungator26
I understand your point of view too and don't necessarily disagree,... but to me, if YOUR name isn't on the horses's papers, then he isn't YOUR horse. I want MY name on the papers before I call him my own. JMO.
When the checks come or go you know you are an owner. If they win tomorrow with High Finance all of those owners will be in the picture that will hang in the Clubhouse at Belmont the rest of their lives. You are much better off owning pieces of top horses than buying cheap claimers that get sent off to be eaten when they are done. Cheap claimers don't allow you to dream about being there in May. I have a piece of a colt right now that Craig Dollase will be training and he lets me think of next May all the time. Odds are against it but that is what makes syndicates great.
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  #23  
Old 06-09-2006, 11:25 AM
oracle80
 
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Quote:
Originally Posted by Exceller
When I say "my horse is running tomorrow" that is correct, it is my horse even if I only own 10% or even a half-unit.. I love jealous guys like you who attack syndicate owners. If High Finance wins tomorrow every person that owns a piece has every right to say they owned a Belmont Stakes winner. Why don't you write a $20K check and see if you call yourself an owner?

Comparing gamblers partnerships to owners is also ridiculous. It sounds like you don't even put up money. Buying a piece of a horse with a good sydicate costs around 10K-70K for 10 percent which usually covers all costs until the end of the year. Even if you buy half units it costs about $5K-$35K to buy into a horse. Then you are looking at about $5K if you own just 10% of the appx $50K per year costs, unless of course there are checks. Get real.
Talk about anger management candidates, geez. I was trying to draw the comparison of taking a 5-10% piece of a horse and a 5-10% piece of a pik-6 ticket. Did you totally miss that? It sure wasn't a swipe at you. You already told us you own a piece of some horses. I guess I don't see teh difference. In either case the person doesnt feel like its prudent to take 100% of the investment. Is that not obvious?
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  #24  
Old 06-09-2006, 11:25 AM
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Cajungator26 Cajungator26 is offline
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Quote:
Originally Posted by Exceller
When the checks come or go you know you are an owner. If they win tomorrow with High Finance all of those owners will be in the picture that will hang in the Clubhouse at Belmont the rest of their lives. You are much better off owning pieces of top horses than buying cheap claimers that get sent off to be eaten when they are done. Cheap claimers don't allow you to dream about being there in May. I have a piece of a colt right now that Craig Dollase will be training and he lets me think of next May all the time. Odds are against it but that is what makes syndicates great.
I agree, but I'm a selfish biatch and I want it all to myself.
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  #25  
Old 06-09-2006, 11:27 AM
oracle80
 
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Quote:
Originally Posted by Exceller
When the checks come or go you know you are an owner. If they win tomorrow with High Finance all of those owners will be in the picture that will hang in the Clubhouse at Belmont the rest of their lives. You are much better off owning pieces of top horses than buying cheap claimers that get sent off to be eaten when they are done. Cheap claimers don't allow you to dream about being there in May. I have a piece of a colt right now that Craig Dollase will be training and he lets me think of next May all the time. Odds are against it but that is what makes syndicates great.
True, and you are always much better off taking a piece of an expensive ticket on the pik-6 then putting in 60 bucks of your own and trying to hit one. Taking a piece of a big ticket allows you to dream of hitting one for 100K. Playing one for 60 bucks might get you one very cheap one in a year, in effect chewing you up.
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  #26  
Old 06-09-2006, 11:32 AM
Exceller Exceller is offline
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Quote:
Originally Posted by oracle80
True, and you are always much better off taking a piece of an expensive ticket on the pik-6 then putting in 60 bucks of your own and trying to hit one. Taking a piece of a big ticket allows you to dream of hitting one for 100K. Playing one for 60 bucks might get you one very cheap one in a year, in effect chewing you up.

Ok, I need anger management and you need jealousy management.
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  #27  
Old 06-09-2006, 11:33 AM
oracle80
 
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Quote:
Originally Posted by Exceller
Ok, I need anger management and you need jealousy management.
Jealous of what?
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  #28  
Old 06-09-2006, 11:37 AM
Exceller Exceller is offline
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Quote:
Originally Posted by oracle80
Jealous of what?
Big difference being a gambler than an owner. That is why the really good gamblers usually buy into the game. Why don't you buy 1-2% of a horse with your friend Lansdon and see which you like better.
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  #29  
Old 06-09-2006, 11:42 AM
oracle80
 
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Quote:
Originally Posted by Exceller
Big difference being a gambler than an owner. That is why the really good gamblers usually buy into the game. Why don't you buy 1-2% of a horse with your friend Lansdon and see which you like better.

I get as much joy out of helping Lansdon plot and watching him win, as I would if I owned the horse. And thats the truth. I also get more satisfaction out of buying one for a client and seeing it win. Thats a feeling of accomplishment like you wouldnt believe. Its also a very low feeling when they dont run well. Same emotions you feel when they enter the gate and run. Same nerves, same anticipation before they run.
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  #30  
Old 06-09-2006, 11:43 AM
Exceller Exceller is offline
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Quote:
Originally Posted by oracle80
I get as much joy out of helping Lansdon plot and watching him win, as I would if I owned the horse. And thats the truth. I also get more satisfaction out of buying one for a client and seeing it win. Thats a feeling of accomplishment like you wouldnt believe. Its also a very low feeling when they dont run well. Same emotions you feel when they enter the gate and run. Same nerves, same anticipation before they run.

I will give you the benefit of the doubt, but hard for me to believe it.
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  #31  
Old 06-09-2006, 11:47 AM
oracle80
 
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Quote:
Originally Posted by Exceller
I will give you the benefit of the doubt, but hard for me to believe it.
WHy is it hard to believe? When someone trusts your opinion enough to put a large chunk of cash up for a horse, your name is on it. Its not just "yay, I made a big commission", at least its not for me. You honestly think that if you owned 5% of WLA and she won tomorrow you would be any more thrilled than I would be?
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  #32  
Old 06-09-2006, 12:05 PM
Exceller Exceller is offline
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Quote:
Originally Posted by oracle80
WHy is it hard to believe? When someone trusts your opinion enough to put a large chunk of cash up for a horse, your name is on it. Its not just "yay, I made a big commission", at least its not for me. You honestly think that if you owned 5% of WLA and she won tomorrow you would be any more thrilled than I would be?

Answer to your question- Yes.
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  #33  
Old 06-09-2006, 12:06 PM
oracle80
 
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Quote:
Originally Posted by Exceller
Answer to your question- Yes.
To each his own I guess.
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  #34  
Old 06-09-2006, 12:08 PM
Exceller Exceller is offline
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Quote:
Originally Posted by oracle80
To each his own I guess.
The reality is I don't own part of the horse though and you are involved so you should be happy. That is a big time horse.
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  #35  
Old 06-09-2006, 12:14 PM
oracle80
 
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Quote:
Originally Posted by Exceller
The reality is I don't own part of the horse though and you are involved so you should be happy. That is a big time horse.
Exceller the same way you should be cranked up and pacing the room when one you own races!! Anytime you have something to do with a horse who is racing, the excitement is high. ****, ask the groom of one of these horses how they feel when they run. Yeah, they get that 1% of the earnings when the horse wins, but its more than that. They are around these horses every day all day, and the feeling that they did a good job taking care of them is a big thing with them. They are as proud as can be when they win, ususally the biggest smile in the winners circle is the groom. Thats what i am saying, trainers often dont own a part of the horses they train either, but their name is on them.
Its what makes the game great.
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  #36  
Old 06-09-2006, 04:43 PM
Downthestretch55 Downthestretch55 is offline
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This thread has certainly been an interesting read.
I hope you don't mind me jumping in, as I come at it from a breeder's perspective.
At one time, there was an effort to breed out all greys from thoroughbreds.
Then, along came this daughter of The Tetrarch, who gave her genes to so many great ones.
I'm glad her genes are still carried by each and every grey that hits the track.
And may you all have a "grey day"!!!!!!
Mumtaz Mahal!

Her story:http://www.thoroughbredchampions.com...ies/mumtaz.htm

DTS
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