Today, given the expansion of this sporting industry, every individual has the opportunity to see these sporting events. While millionaires and the top class represent horses in the races, others enjoy betting or watching event. Individuals involved in this sport as a handler, jockey, owner or spectator does so, due to the money, betting, excitement and the adrenaline rush. If you’re interested in buying a horse to race, the industry is sprawling with many options. So, are you thinking of having buying a winner of your own? Thinking of taking part in some competition for the price money? If you’re a first time buyer, you might be in need of some tips. If you’re wondering if you have to be a millionaire or high class individual to buy a horse, you’ve got it wrong. With that said, this article would therefore, be highlighting some important facts about it. It’s a simple guide, which requires doing more in depth research for a good deal. With that said, consider the pointers mentioned below:
Choosing the correct advisor
Planning to get involved in horse racing Australia? If you’re in the market for the first horse, consult an advisor. The agent could be racing trainer, a veterinarian or other. You could find these agents on highly reliable websites. Moreover, these agents would be responsible for;
Offering best advice and help you with the buying decision of the animal.
They could recommend a reputed vet to examine the animal and certify that it’s deemed fit for racing.
Depending on the budget for buying a racehorse, you have different ownership options for consideration. Based on the purchase deal, the benefits and role of owning this animal would be different. With that said, here are some of the options suiting your budget;
Sole ownership or 5 percent owner
Group with a licensed promoter
Part ownership with a syndicate, etc.
There’s no such assurance of finding and purchasing a winning horse. You could purchase an animal mainly from auctions held that are published in catalogs with details. Once, you’ve identified a good animal for purchase, the rest is up to you. The responsibilities include;
Training and so on.
Around horse racing Australia competitions, the prize money varies. Therefore, once your horse is ready for a competition, there’s a high possibility of it becoming a victor. It’s obvious that there are expensive purchases beyond your affordability. However, on the other, you have many other options as well. Therefore, own a stud or filly fit for racing and get involved in this sporting industry. As a fact, research for more information, prior to purchasing a horse to race.