mandatory

  • Value at the tote (less is more) and in the St Leger

      Unfortunately, local horse racing continues to bleed customers of all ages. Very few of the millennial generation are sufficiently interested to invest in a tote that extorts 30% of stakes wagered in win and 40% in exotic pools before declaring a dividend; in purchasing horses that cost a...
  • One Hundred Percent Of Nothing Is Nothing

       A horse racing industry is a three-faceted construction made of investors, contributors and regulators. Investors (breeders, owners, punters and promoters) are the foundations. Contributors (trainers, jockeys and grooms) are bricks and mortar and regulators the roofs. Breeders invest in land; infrastructure; and bloodstock. They provide the sport’s competitors....

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