Author Topic: DAILY RATES...75$ A DAY..60 90 100 ?  (Read 4509 times)

0 Members and 1 Guest are viewing this topic.

horses first

  • Elite
  • ******
  • Posts: 3217
Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #15 on: May 11, 2022, 04:08:09 PM »
60k a month and it's laughable that people say purses are up? When the prices go up on everything those prices are not on par anymore and they actually haven't been on par with inflation for decades. It will be interesting by the time we get to the sales on what kind of enthusiasm with dollar spent. It may not be where the markets are but by the time consumers say we had enough paid higher prices for everything. Then you have an issue with the possibility of recession once you get there you have states that have racinos or government subsidy that will be looking for revenue since most states can't build revenue with gambling or marijuana. Inflation is a killer and once it breaks you have slowed growth enough into a recession or stagflation. Then come the job losses. At some point the 100 a day will turn back to 50 a day looking to get owners back that get flushed out.

PIGLAND

  • Living Legend
  • *******
  • Posts: 163667
Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #16 on: May 11, 2022, 06:43:21 PM »
the bills seem to go way up if your horse wins

horses first

  • Elite
  • ******
  • Posts: 3217
Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #17 on: May 12, 2022, 12:39:08 AM »
PA sire money has been going down yearly but the three year old trot fillies today raced for total of 135k. Anyone that follows is that a much lower total than past years?

dinkadoo

  • Elite
  • ******
  • Posts: 4815
Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #18 on: May 12, 2022, 07:22:30 AM »
there's a solution.  fractional ownership  ngc3 ngc3 ngc3 ngc3
Don't knock the factional ownership -- I own two hoof nails of 8 different thoroughbreds....

Total cost -- $704    Return about $110     Bills = $0     

Possiblity of turning a profit -- about the same as paying bills on a standardbred -- about 0

 

shout out

Refresh History
  • Sound off !
  • Bernie Madoff: Frank didn't either.
    July 23, 2022, 08:45:54 AM
  • AGUA CALIENTE: SOARING NOW,YIKES,DIDN"T SEE THAT C
    July 22, 2022, 10:00:16 PM
  • Bernie Madoff: Never heard of it.
    July 05, 2022, 06:53:44 AM
  • Buffalobum: Buffalo raceway
    July 04, 2022, 11:26:52 AM
  • Frank the Zipper: One Brick Short
    June 24, 2022, 09:38:00 PM
  • Calhoun: Laz sucked.  Beat crows and a no-try McWicked in 48.4.  BFD
    June 24, 2022, 09:06:22 AM
  • Bernie Madoff: Lazarus N
    June 23, 2022, 04:28:50 PM
  • EPM: Cosby
    June 21, 2022, 08:43:30 PM
SimplePortal 2.3.7 © 2008-2022, SimplePortal