If you are planning on buying a racehorse in the near future, you might be wondering why it would be worth your time and money to purchase one at all. After all, these horses cost quite a bit of money, and if you don't know what you're doing, it's possible that you will lose money rather than make it as an owner.
As you begin to research thoroughbred sales, however, you will find out that there are several reasons why buying a racehorse is worthwhile and can potentially change your life forever in an incredibly positive way.
1) Buying a racehorse is an investment
If you're an avid racing fan, you may have thought about buying a racehorse. If so, this blog post is for you! The first step to thinking about whether or not purchasing a racehorse is right for you is understanding what Thoroughbred Sales are. Some horses at these sales are already at the racing level and have had their own successes on the track, and others will never make it to a racetrack.
2) You get what you pay for
To be a successful racehorse owner, there is one mantra you should follow - you get what you pay for. Many people think they can buy an old horse, train it, and win. It's an alluring thought. And while it might happen from time to time, more often than not, it ends in disappointment.
3) Don't have time to ride? Hire it out!
If you're Buy A Racehorse Australia, choosing a leading provider would make an effort to help combat this by offering top-quality Thoroughbreds for sale in a low-key and hassle-free manner.
In addition to their in-person buyers, we offer a comprehensive catalogue of our available horses that can be browsed on the internet or perused through PDFs emailed to prospective buyers.
4) This hobby grows on you
There are many reasons to get into horse racing, but few of them have as much instant gratification and long-term investment as buying a racehorse. It all starts with breeding.
Finding that perfect broodmare for your stallion is just like trying to find your spouse; you can't do it unless you know what you're looking for in a partner, and don't let anything pass by without giving it a good, hard look.
Trust me, and I've seen some that were amazing but cost more than their fair share when it came time to collect on the check - at this stage of my life, I'm looking for something a little more realistic.
5) The rush of watching your horse run
Many people buy racehorses, spend a few thousand dollars on the initial purchase, and never follow up. This is unfortunate because the hobby can become incredibly addictive and rewarding in just a few years of committed involvement. The reasons to buy a racehorse vary depending on your needs.
If you're looking for a fun way to connect with family or friends, you might want to join in ownership. If you're looking for diversification in your investment portfolio, consider buying stakes or shares from horses that run in graded stakes races.