Giddy Up: The Profitability of Horse Ownership and Racing
Whether your ambition is to raise horses to race or just to care for studs, there’s a lot to gain from horse ownership and racing.
Bet Small, Win Big: Biggest Earnings for Betting on Horseracing Accumulator bets are a single bet that rely on all horses you bet upon winning, making the betting process both risky and highly lucrative for the one lucky enough to win. 1. Online Punter (anonymous) from Leicester, England made $1,133,970 USD off a $26 accumulator bet. 2. JP McManus famously won $1.3 million in just a single day in 2016 at Cheltenham. 3. Conor Murphy placed a $75 bet on all of his boss’ five horses, earning him $1.5 million in an accumulator Retired Horse or Stud in Waiting? When racehorses retire, they’re typically studded. For many horse owners, earnings can be just as large, if not more so, than the prize money offered for any given horse race. This is because it’s recurring revenue that can continue to generate money for owners, even after their horse retires from the track.
Top 3 Highest Earning Studs (Fee per Mare) When successful racehorses retire, they often become studs. Other breeders and owners pay a stud fee to impregnate their mare. Many studs, such as Tapit (below), are paired with as many as 130 mares per year, making their annual stud earnings a huge return on investment. 1. Tapit: $300,000; $35 million annually 2. Frankel: $172,216; $22.4 million annually
Via:
https://www.pacustomhorsestalls.com/blog/giddy-up-the-profitability-of-horse-ownership-and-racing/