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Owner Trainer Combination

This is a very lucrative, but overlooked, topic in horse racing. It is not only important in major races, such as Kentucky Derby betting, but also when placing wagers at local tracks. Here are some important things to note down in your racing form when you try to figure out which horse to pick:

One angle that yields excellent results is watching who is the owner of the horse that you want to wager on. If the trainer also owns the horse, it’s a powerful plus factor. Statistics show that trainer owned horses win over 10% more races than the standard types, where the trainer gets a fee for training, but has no financial interest in the horse.

Trainers generally are a hard working bunch, and they try winning with all horses. When the animal is fit and ready, they try to win, regardless of ownership. But we still have these statistics, which show a difference in the win percentages.

To understand why this is so; one must understand how the training profession works. Good trainers charge a fee – usually between $60.00 to $70.00 daily, payable by the owner at the end of each month. This includes the regular upkeep of the horse, and the training/conditioning.

This fee doesn’t cover standard extras, like a veterinarian, blacksmith, etc. Those costs are charged to and paid by the owner separately; on top of the standard daily fees just mentioned. As can be seen, this adds up to a pretty penny. All told, owners are on the hook to the tune of approximately $2,500 in fees monthly, regardless of whether the horse wins or not.

Trainers thus are well compensated for all costs involved in the upkeep and maintenance of the thoroughbreds they have in their stable. So there is no extra urgency on their part. They are not under undue pressure to win.

When a horse is in shape, they enter it into a race, hoping to win. Even if the horse doesn’t win the race, they hope to at least get a piece of the Purse money for the owner.

But all this is takes on a completely different tack when a trainer owns the horse. The fees that we mentioned about the upkeep, training, etc., all have to come out of the trainers own pocket. As a result, trainers who are also the owners have a built-in extra urgency. Every day that a horse is in the stable and doesn’t produce costs them money. They don’t have the luxury of “charging” these fees to anyone. It’s burning a hole in their own pockets.

So it is their highest priority to get these horses to produce – ASAP.

The bottom line:

Trainers try to win with all the thoroughbreds under their care. But there is extra, strong financial pressure on them to win with the horses that they own.

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