Month: December 2018

How To Become A Syndicate Member Of Horse Racing

Published / by Aiden Lindt

There are hundreds of games which are played all over the world. One of them is horse riding and horse racing. Horse racing is of many types such as flat racing, jump racing, harness racing, quarter horse racing, endurance racing, maiden racing, stakes race, allowance and claiming race and many more. These all have set their rules by which these are played. Some are of longer time interval while some are of the shorter time interval.

The lovers of horse racing who are not the owners of a horse their-selves use horse syndications Australia. The team members can be ranging from one to twenty including manager and other team members. The task of this team is to find the owner and a partnership happens between the two persons. To be a partner or syndicate there are some terms and policies which should be taken under great consideration. For becoming a syndicate member of horse racing a written agreement is given to the parties which should be read carefully and then signed. Normally the terms and policies which are given are that the person is agreed to all aspects of costs and all other interests related to racing and horse during this partnership. The partners must be aware of the pros and cons of racing that sometimes you may win or sometimes you may lose. The partner must be clear about any happening which could occur in the future related to the race. Partners must set themselves to attain all the updates and they must set a third party liability insurance in case of an emergency. Before taking the ownership it is better to visit the place to see the horse for which you applied for partnership or ownership. In the agreement, there is a clause related to the amount of money you may win during the race that either you will have some of it or not.

Horse syndication can also be done by allowing race horse shares for sale. As this game is so expensive as most probably was played at the times of British rule so even now the people who can afford the price and are interested in it play it. A huge amount can be served for this purpose by them. Those race horse shares which are for sale can be purchased by those people and they become the partner or overall owner of the racing horse. As one can keep more than one horse or as many as he can.

There are different types of race horse syndicate members. One is of that type which takes care of the horse of the owner of every type as they take care of their training, veterinary and their transport and the cost which is consumed is sent to the owner in billing form and the owner pays the cost while some members charge per day cost and owners pay them their fixed amount of taking care of their precious horse which they train for the race and it remains so costly.