Cheltenham day 3

teapot

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No idea who Envoi Allen is (I'm no racing fan) but anyone who can't see how potentially dangerous that bleddy great ring protruding from a horse's mouth is re getting hooked up on something and smashing its jaw apart needs to give both their risk assessments and their own heads a darn good wobble.

One of the best horses around and won at Cheltenham today. Not sure how this is any more dangerous than the kit some 5* event horses wear...

'
 

Spotherisk

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I have Go West. I saw him when he hadn’t been with PN very long and looked to be a solid but slightly worried horse, mind you the open day was a bit full on! Gaulois was my first and has been a tremendous introduction.
 

Crazy_cat_lady

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The ring bits don't look great, but then seeing the clobber that adorns the head of multiple sj horses along with the blinker things, ear veils and those masks that seem to be the latest trend in my opinion looks worse. Some of them look like a walking tack shop
 

Crazy_cat_lady

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I have Minella Indo and my mum has Noble Yeats in the sweepstake. Hopefully he’ll be better than my horse in the Grand National sweepstake 😅

I hope the fate that befell my GN sweepstake horse doesn't happen to Sounds Russian 😥

I'd be too soft to be an owner I'd want them retired safely almost immediately!
 
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Old Gold Racing are kind of the same as Owners Group - cheap cheerful shares in a horse. We have 1 in the yard, she is fully sold out as she is good and has won a few times including a Listed Hurdle last weekend. I think they are planing on getting another one for our yard too at some point soon.

It's defos a money maker for the people that run them.

Take Apple. She has 3500 shares, shares cost £60, £65 or £75 depending on what package you go for. Let's say all got sold at £60. Thats £210,000 straight off the bat. Now for the deductions.

-£40,000 purchase price (37k+ generous expenses)
-£27,000 a year training fees
-£3,000 a year in vets/farriers/sundries (I am being very generous in this!)
-£3,000 a year race day expenses (travel, jockey, entry fees etc)
-£2,000 admin fees

That leaves a base PROFIT of around £135,000 for one horse for one year. Come renewal time you will get the same again except you wont have the pay out the purchase price of the horse again. This is why they can quite happily let every share holder have their percentage of the prize money and keep nothing of it for themselves.
 
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I only caught the last 2 fences of Envoi Allen's race today. I still despise Hexham. That will never change. But we got a winner again. We haven't left a meeting without a winner for 3 weeks now. It's scary! Our next meeting for the chance to lose that streak is Newcastle on Saturday. I'm not counting the Gold Cup tomorrow as Cheltenham is all one meeting and we have had a winner at it.

Whatever Hank does tomorrow we will be proud of him (unless he jumps like a completely moron in which case we are disowning him!) To have a runner in the Gold Cup is something special let alone to have a runner with a good chance!

Roll on 3.30pm tomorrow ....
 

teapot

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Old Gold Racing are kind of the same as Owners Group - cheap cheerful shares in a horse. We have 1 in the yard, she is fully sold out as she is good and has won a few times including a Listed Hurdle last weekend. I think they are planing on getting another one for our yard too at some point soon.

It's defos a money maker for the people that run them.

Take Apple. She has 3500 shares, shares cost £60, £65 or £75 depending on what package you go for. Let's say all got sold at £60. Thats £210,000 straight off the bat. Now for the deductions.

-£40,000 purchase price (37k+ generous expenses)
-£27,000 a year training fees
-£3,000 a year in vets/farriers/sundries (I am being very generous in this!)
-£3,000 a year race day expenses (travel, jockey, entry fees etc)
-£2,000 admin fees

That leaves a base PROFIT of around £135,000 for one horse for one year. Come renewal time you will get the same again except you wont have the pay out the purchase price of the horse again. This is why they can quite happily let every share holder have their percentage of the prize money and keep nothing of it for themselves.

I've got two with Old Gold, albeit not Apple! (Missed out sadly). From a cost point of view, I've spent £120 for a year, to have two horses in some of the best yards in the UK, and it's just fun to see how they get on.

Old Gold comms are fantastic too, for example one of mine ran on Sunday and there was a live video at the course pre race with trainer, then jockey, and then post race debrief. Followed up by an email a day later. I've also had the chance to book to attend private visits at both yards (sadly missed due to work), loads of photo/video content and an active Facebook group, and people seem pretty happy when it comes to the ballot for owners' badges too. All of that costs money to provide on a daily/weekly basis, and their admin staff are very attentive/helpful.

The package choices vary purely by what sort of box/presentation they come in - email/digital only, printed, or framed/presentation box. Oh plus the merch you can buy.
 
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I've got two with Old Gold, albeit not Apple! (Missed out sadly). From a cost point of view, I've spent £120 for a year, to have two horses in some of the best yards in the UK, and it's just fun to see how they get on.

Old Gold comms are fantastic too, for example one of mine ran on Sunday and there was a live video at the course pre race with trainer, then jockey, and then post race debrief. Followed up by an email a day later. I've also had the chance to book to attend private visits at both yards (sadly missed due to work), loads of photo/video content and an active Facebook group, and people seem pretty happy when it comes to the ballot for owners' badges too. All of that costs money to provide on a daily/weekly basis, and their admin staff are very attentive/helpful.

The package choices vary purely by what sort of box/presentation they come in - email/digital only, printed, or framed/presentation box. Oh plus the merch you can buy.

Everything needs to make a profit and they are providing a lot of people a way into racehorse ownership at a very affordable level. We need more people in racing. We need people to come racing, to buy food and drink in the racecourses to keep them going. We need people to gamble (responsibly) on course to keep the bookmakers. I don't begrudge them a penny of what they earn - it's just scary looking at the stats of it broken down and makes me wish I had had that idea myself!

Because I had Apple down at Donny the sheer number of people there who had a share in another horse as well as Apple came to speak to me and tried to press £5-10 notes in my hand was unreal. I have made a deal with all of them though - keep the money, put it on Apple next time out and we will split the winnings 😂
 

Orangehorse

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Just rang my brother who is also in the owners club for Stage Star - he was in tears he was so delighted. Great race and he led from the start! Congratulations Clodagh and Petalpoos.

My sister owned a share in Stage Star, sadly she didn't live to see him win yesterday, although she knew that he had won at Cheltenham in January. So I cried when he won.

He jumped beautifully. I think the others thought he wouldn't last out so when they realised he was, he had already gone and how he took the last two fences! I reckon that the going was better than anticipated, whether he would have won if it had been the last race on the card on worse going, who can say. But that is racing.

Harry gave him an absolute peach of a ride, well done man.
 

Clodagh

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My sister owned a share in Stage Star, sadly she didn't live to see him win yesterday, although she knew that he had won at Cheltenham in January. So I cried when he won.

He jumped beautifully. I think the others thought he wouldn't last out so when they realised he was, he had already gone and how he took the last two fences! I reckon that the going was better than anticipated, whether he would have won if it had been the last race on the card on worse going, who can say. But that is racing.

Harry gave him an absolute peach of a ride, well done man.
I’m so sorry your sister missed it. What a poignant day for you.
 

Bradsmum

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My sister owned a share in Stage Star, sadly she didn't live to see him win yesterday, although she knew that he had won at Cheltenham in January. So I cried when he won.

He jumped beautifully. I think the others thought he wouldn't last out so when they realised he was, he had already gone and how he took the last two fences! I reckon that the going was better than anticipated, whether he would have won if it had been the last race on the card on worse going, who can say. But that is racing.

Harry gave him an absolute peach of a ride, well done man.

Condolences for your sister. I'm glad she knew he had a win in January. I'm not really into racing but couldn't help but watch, it's funny how emotionally attached you can become to a horse you've never known.
 
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