Monday, September 19, 2011

Buying a Racehorse - Your Questions Answered

Buying a racehorse is an exciting way to get involved in the racing industry. By researching what owning a racehorse entails, how to choose a racehorse, and how to develop a training program, owners can ensure that their first experience is a success. Even a beginner can do well at races and have a lot of fun by finding the right horse and working with a suitable racehorse trainer.

What is the first step to buying a racehorse?

First, customers should decide if they need help from a professional to select the right horse. Bloodstock agents receive a commission for helping customers evaluate a horse's experience, conformation, and pedigree. It is best to find a bloodstock agent with solid references to ensure that they are well qualified. Set a budget while keeping in mind not only the initial cost of the horse but also expenses for stabling, training, shoeing, race entries and transport, supplies, and vet care.

What are the different ways of buying a racehorse?

Buying a racehorse can be done in several ways. Buyers can find untrained horses, horses that have started training, and horses who already have racing experience. In claiming races, the prices are set before the horses race, after the race new owners can claim their horse at the agreed price. In auctions, the horses' ages and pedigrees are available to help bidders evaluate them. Buying a horse directly is the safest method because it is possible to have a veterinarian conduct a full exam to make sure that the horse is sound and to determine if it is likely to have problems racing in the future. Alternatively, customers can share interest in a racehorse through a partnership. They can also invest in more than one racehorse through a syndicate. These options advertise the horses' ages, pedigrees, and track records to help potential investors evaluate their potential.

How to find the right racehorse trainer?

Regardless of the quality of the horse, it is essential to find the right racehorse trainer to bring the horse to its full potential. The trainer should have a solid record with the horses he or she has trained. He should have already achieved good results with other horses. Good racehorse trainers are also able to deal with people well and communicate with their clients. The right trainer will be able to devise a suitable program to get the horse in shape and prepared for each event. He will also be able to select the appropriate races for each horse and know how much time to leave in between races.

Buying a racehorse can be a very exciting experience. By enlisting the right people to help select and train the horse, beginners will receive a successful introduction to the racing world. As they gain experience, they will develop a sense for which horses they want to buy and train and will find that racing is a highly rewarding game.

If you are considering whether to buy a racehorse, then a racehorse trainer will normally have a good selection of racehorses for sale.


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