Ways to make money in horse racing investments
You like horses and like to make it as your daily activities? Some take it seriously, but to some only as a weekend hobby. Some can make it profitable and take this ‘love’ to a daily thing. They talk, eat, read, google about horses and invest on horses too.Some like to know how to make money and support your hobby and make it profitable.
First of all, you must have at least 2 of the ingredients. No. 1 – love horses, No. 2 a business minded personality.
Let me share you some ideas of horse racing profits. There are many ways you can become profitable on horse racing, some are not honest ways, which is not good. Many lost money in horse racing and to extend saying ‘HORSE RACING IS DIRTY’
Let’s go to the ways to make money in Horse Racing In Singapore.
- Be a racehorse owner and buy a very good horse. You make money from horses winning races, buy at least a Class 3 or better horse. This is the only way to make money as a race horse owner, and if you choose not to bet on horses. Class 3 horses prize money is a $70,000, in which winning horses owner will take more than 43% of the purse money of $70,000, which is going to be around $30,000 to $32,000. This will cover your 1 years training bill. If your trainer charges you $3000 per month on the professional fees, box, feed, training and upkeep. It is important to keep the overheads low. Local trainers may charge about $100/day of upkeep. Remember : Expensive horses is not necessary good horse. A Good horse is usually from a good proven bloodline, have good conformation, scopey, strong, good physical and walks nicely, have a good attitude, calm and more… Short cut in buying a good decent race horse, you need money and connections. I can help to do this.
- Focus on betting, and there are a few strategies and you will need to pay a lot of attention on the horses work out in preparation for the races. Handicapping is essential skills, but you may find a good handicapper or tipster for this. Other things about winning bets on horses is having good eyes for observing recent Trails. Barrier Trials are usually conducted on weekdays, usually on Tuesdays and Thursdays. Sprinters are usually easier to catch as the have to show it during the weekdays morning trials. There’s more other things about batting which you need to learn from past races. Anyway, If you ever choose to bet on horses, bare in mind.. you only use spare monies and that you can afford losing them. It is not recommended to bet on horses as there are many stories of money losing punters and ended up a broken person. From Riches to Rags. Many people who is long enough in this industry will have stories of the above. So, only aim the other way, in which bring small money and aim for big money. Example of Small money bets are Tierce and Quartet bets. A $2 Bet – and if you are lucky you may bag a big return on them. Small Bets or Large bets – End of the day is about LUCK. Best recommendation is not to bet on horses as it is not easy and nothing is a sure bet!
- Buy and sell horses. If you have the skills to select young horses. Buy them, get them prepared for the sales in it’s countries and sell them for profits. This needs many years of experience. It is a business and it can be profitable. Many data of good stallion horses, dams and bloodlines must be mastered or at least studied. You need large capital of around $100,000 (SGD) and a risk of losing your money, due to unsold or bad enough to have an injured horse. You also must have experience in handling buyers and foreign trainers, if you were to operate from Singapore. You also need to pay taxes on your profits. (You need to ask your accountant or other professionals in this matter) Prepared horses are usually sold online like inglisdigital.com or the gavelhouse.com and there are some others too. You need to set a minimum price for the seller to sell for you and usually it is through an online auction – which you may have buyers from a few countries. If your horse have got not much attention, you may lose the participation fees charged by the auctioneer. Again here you need to buy good quality horses, to get attention and to sell at good prices. Send to a good trainer who is experience enough to prepare your horses for sale.
If you are interested in starting to buy race horses and like help from me, kindly give me a call at +65 91753396 My name is Encik Sam, with more than 30 years of experience and waiting for you to leverage on my skills, connections and more.