Racehorse syndication is an exciting world to be a part of. If you’ve always wanted to join one, there are several crucial questions you need to ask your syndicate before subscribing.
Here at BlueBlood Thoroughbreds, we encourage our clients to ask first before signing up. Being a part of a syndicate is thrilling, but it can easily become confusing or overwhelming to those new to the setup.
To make it easier, we’ve compiled 7 common questions every person looking to buy a horse or join a syndicate should ask.
1. What is a racehorse syndicate? What are its advantages from sole-ownership?
Racehorse syndicates are a form of thoroughbred ownership where a group of people share in the proprietorship of a racehorse. The group can have as many as 20 people (depending on the syndicate).
Unlike sole-ownership, which means a single person takes care of all the expenses associated with owning and managing a horse, a syndicate shares the burden of costs among members evenly. Thus, cutting back on the huge overhead expense.
2. So you’ve found a potential syndicate to work with, what’s their history or track-record? Do they have positive customer feedback?
A quick tip: when looking for syndicates to work with, perform a thorough background check. Ask friends or family if they are familiar with the syndicates that you want to be a part of. You can also do your own research about their history or enquire from previous clients. A mixture of personal as well as third party information can help you make an informed decision.
Here at BlueBlood Thoroughbreds, we offer a proven track record. Our company specialises in guiding new owners or those interested in a thoroughbred for sale through the ins and outs of racehorse syndication. You can al...
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...ir proprietorship. They can do scheduled visits without any problem.
7. What happens when your horses’ career ends?
Curious owners can throw this question to their chosen syndicate and find out. When a horse’s career ends, they are often sold and the owners divide the profits. Other times, they are sent off to stud. It all depends on what the collective decides on.
The world of horse ownership is now more affordable and achievable with the help of racehorse syndication. Like all investments, it’s important to be an informed investor. Get to know our syndicate. Ask a lot of questions and express your concerns. A good company will welcome these and provide you with the right answers.
Just like here at BlueBlood Thoroughbreds, we want you to be thrilled and take part in this wonderful world of horse racing. Get in touch with us today. We’d gladly welcome your call.
This “business” aspect of organized crime is what the movie industry has latched on to in the Gangster genre. In Scarface, Tony Camonte is in the business of selling beer to the town watering holes. Of course, he doesn’t so much sell the beer as force it on the bar owners at jacked up prices. And just like any other business, there is competition for dominance in the market. And for this dominance, or rather monopoly, ringleaders do not think twice about taking their competition out – not by buying them out or forcing them into bankruptcy, but by sending a squad out to murder them.
Even though any breed is allow to participate in barrel racing, the American Quarter horse is the most predominate breed in the sport mainly because it is the most versatile of all breeds and has the speed and agility to bend around the barrels. When it comes to types or bloodlines of the horse it is more of a personal opinion. A competitor can choose a horse that is more for racing in order to provide a faster horse or a cutting horse that is will provide more maneuverability and a smaller bend around the barrels. One good ideal is to pair racing and cutting bloodlines in order to produce a horse with the ideal combination of speed and agility.
The auction lot is not a place that a horse would want to be as many although not all are a terrible place for a horse to be. All types of horses are found at an auction all though an estimated 93.2% of the horses that are at the lots and are on their way to slaughter are deemed in good condition according to the US Department of Agriculture’s Guidelines for the handling and Transportation of equines to slaughter. The young and healthy horses are what the kill buyers are looking for, as they are able to make a greater profit then that of older and sick horses. Horses that are dropped of at the lots are not put in proper pens that leads to fighting and establishing a pecking order, ultimately for creating injury to the horses that
Organized crime is a collective result of the commitment, knowledge, and actions of three components: (1) Criminal groups, who are core persons tied by racial, linguistic, ethnic or other bonds; (2) Protectors, who are persons who protect the group’s interests; and (3) Specialist support, which are persons who knowingly render services on an side-job basis to enhance the group’s interests. In order to thrive, an organized crime group needs many different elements. First, it needs an ensured continuity of members, clients, supporters, funds, etc. Additionally, it needs structure, criminality, violence, memberships based on common grounds, and a willingness to corrupt a power and profit goal. Generally, mafia organized crime groups disguise themselves behind the ownership of a legitimate business to avoid questioning from the Internal Revenue Service (I.R.S.) regarding any financial sources. The ille...
Based on my colleagues’ reporting in 2012, an average of 24 horses die each week at racetracks across the United States.
The American horse racing industry has been admired by generations upon generations. Although it is a very cherished sport, like any other sport, there are many issues involved. The major issue that I find is that many owners make the decision to breed when there are other solutions. The Jockey Club, also known as the head council for the American Horse Racing Industry, should be addressing the major issue of overbreeding in the American horse racing industry.
Attention Getter: War Admiral, Citation, Secretariat, American Pharaoh. Have you heard any of these names before? These are the four of the 12 horses that have won the triple crown.
With over nine million types of horses in the United States, the need for quality health care for the horses has never been stronger. It’s certain that more equine veterinarians than ever before will be needed in the years to come to provide the care that owners want for their horses. According to the American Association of equine practitioners (AAEP), nearly half of the equine veterinarians are involved with performance horses(44.8%). The AVMA’S most recent employment survey of 2016 indicated that there were about 3,874 veterinarians in exclusively equine practice, with and additional 4,177 involved in mixed practices.
One of my earliest memories of Grandpa begins with us driving to the Monmouth Park Racetrack. We sure did love to go to the track and root for Julie Krone or one of our other favorite jockeys. He loved challenges, and he especially loved the challenge of picking the ponies. He would read the race programs in the Asbury Park Press and usually pre-pick most of the day's favorite horses before ever leaving the house. Still, on arrival, we always bought the program and maybe a race sheet or two before entering the track grandstand. After picking up a couple of seats right around the finish line or maybe a little past it, back to figuring he'd go. As he went, grandpa would always point out the horses that had won recently or looked like they were due. "I have a feeling about this one" he'd say.
One way I do this is due to the fact that horses aren’t cheap. Not only is there an expensive upfront cost, but there’s also the all year round expenses like feed bills, expensive hay prices, vet bills, the farrier bill, and the pricy tack (which is all the equipment needed to ride and own horses). Owning and showing horses is one of the most costly activities a person can get into. The majority of my paycheck goes to my horse and into my gas tank to take him places. Kron states that “besides control we use things to compete,”(130). Another way that Boomer’s a sign of my status is through competing with him. To compete, I take him to barrel races and game shows to see who can do the patterns the fastest. At barrel races and game shows we try to get the fastest time to win money and or ribbons. We don’t usually come in first, but all I care about is doing our best and improving our times. This establish a sign of my status because it not only helps me raise it in the horse world, but I also gain more respect because I’m more worried about doing my best and keeping my horse healthy versus just caring about the the money and buying the horses that’ll get me that even if I had to discard horses to get there. Meaning if a horse isn’t good enough or fast enough I wouldn’t sell them unlike some people do. This is a common practice in the horse racing
Peter Maas declares organized crime the “biggest business in the country” (Maas). “The largest and best known organized crime group is the nationwide organization variously known as the ‘syndicate’, the ‘mob’, the ‘Mafia’, and the ‘Cosa Nostra’” (Nash, Jason O-155). Some activities of the Mafia include gambling, loan sharking, pornography, illicit drugs, and racketeering. The Mafia began in Sicily, but did not retain to just that one location. In fact, in the late nineteenth century many of the Sicilian members immigrated to the United States (Nash O-155). The Mafia in the United States contains members that are Americans with Sicilian ancestry (“Mafia” M-48). There are several Mafia groups in the United States. Law enforcement authorities agree that there are around twenty-five groups that operate in large cities across the nation (Nash O-155).
Sliding the barn doors open, I step into a warm, comforting environment. Musty straw mingles with the sharp aroma of pine shavings, complementing each other. A warm glow from sporadically placed incandescent lightbulbs richens the leather tack, all cleaned and hanging ready for the day's use. From it wafts the smell of a new pair of shoes. The fruity essence of "Show Sheen", applied after yesterday's baths, still lingers in the air. Even the harsh stinging scent of urine and manure is welcome at this early morning hour. Breaking open a bale of hay, I sense the sweetness of the dried timothy as it engulfs my olfactory system, making me wish my queasy stomach had not made me skip breakfast. I am nervous, as are many others. I know that the day ahead will bring excitement, dread, triumph, and defeat. The unpredictable nature of horse shows causes frenzied questions, like salmon spawning, to run constantly though my mind. Will the judge like my own particular style? What if the red flowers bordering the first jump spook my horse? What if a piece of paper on the ground blows into the ring? Will this horse show be a success? The outcome depends not just on me; but a...
According to the FBI, organized crime is consisting of Russian Mobs that fled to the U.S., groups that are engaging in drug trafficking and scams from African countries and Enterprises based in Eastern European nations like Romania. Many groups have started using the in...
The members have been generating client bases in their own related businesses since 1999, previously, the members enjoyed mild success in their own businesses, and have been limited only by capital and available time.
Completion of at least 100 hours of continuing educations in the horse profession and equine science. To