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Now don’t kill me asking but does anyone know if Ron Burke and associates make any real money in this sport? All I know is how expensive it is just to break even. Burke seems to own and train hundreds of horses. I don’t think he claims horses and he raises his horses from birth. We all know that many babies never win a qualify race. I also know Burke wins a bunch of stake races. Are these wins enough to offset all the disappointments? Does he breed and make money in that business? His overhead must be huge too. How many assistant trainers, grooms, vets etc does he employ? Any thoughts?
His stable has been earning over 20 million per year. I can't imagine his expenses being anywhere near that so I would bet him and his associates are making a nice profit.
yeah, but so many ways to bleed cash, I would imagine at best their net/net is maybe 7 or 8 percent, so yeah maybe a million or a tick over.
A million every year on the books. Also, I hear a few of his owners do well betting.
That would surprise me
Mark Weaver and Mike Bruscemi gamble. Trust me.
i believe you. Frank Popfinger once told me as a young kid. If you dont make twice as much gambling as your horse earns racing youll go broke in this business. And nobody did better than Frank betting his own money. I could tell you stories you literally would not believe about frank.
Frank was the conductor of many races at Roosevelt back in the 60's and 70's.
Where are the pools even large enough to actually show a profit gambling on harness racing? I know plenty of guys that used to grind out a living ever year betting but today there is no way anyone can make a good score because the pools are small everywhere. It would have to be a multi race wager and then you show me someone that bets pic 3, 4, and 5’s and I’ll show you a loser in the long run. And I can’t remember that last time I actually saw a Ron Burke winning horse pay over $20. He is overbet in every race. They fir sure aren’t making very much through the windows. Trust me on this.
Fall 1998, I run into Junior Spano at a deli. He is grooming for Frank. He says look at the results tossing me a daily News. I do and I'm like, so what's up? He says, "Frank made a hundred thousand cash last night for himself." I said, "he didn't even win a race last night" Junior says, " I know" and starts laughing. Fact is Frank had 4 in from his barn and all 4 ran second. That didn't stop Frank from crushing.
