Horses have always been a part of man’s victories. They were handsome escorts of kings, hardworking pawns of generals, and devoted companions of knights. Today, they accompany man in a new form of victory-winning a horse race. Buying your own racehorse can be a very risky and challenging. To help make your investment fun and profitable, you will need all the right purchasing, breeding, and horse racing tips.

A thoroughbred is the breed strong enough for a race. They are graceful, robust, clever, and athletic, which explains why people enjoy coaching them for sports and tournaments. The first thing to consider in owning one is the fee. They label the sport ‘Sport of Kings’ for good reason. You have to fork out around $10,000 to claim the thoroughbred as your own at the time of purchase. The actual fees mount up once you take it home. Ready your pockets for as much as $24,000 yearly for training costs, $3,000 for vet charges, and $3,000 for food and grooming expenses. These add up to an average of $30,000 a year. You could get the aid of a bloodstock agent if you do not have adequate background and know-how with horses. These agents buy and sell the animals, so you may seek their advice or have them accompany you at the time of purchase.

Once you already own the animal, envision what kind of races you wish to embark on. This will guide you in selecting the right trainer and jockey to work with your pet. Trainers are compensated around $100 per day. They create training exercises that can help thoroughbreds build their ideal competitive form, and at the same time formulate dietary plans, structure behavioural modification techniques, and perform routine health checks. Once your animal is prepared to compete, you will require the expertise of a jockey. A good jockey with proper riding experience can make your pet’s physical attempts more efficient throughout the competition.

If your thoroughbred is already mature enough, obtain a license in order to join various races. Look up your state’s standard application procedures, prerequisites, and charges. Also register the animal in a jockey club so it may be given an official name and customised silk to put on as a trademark in the tracks. Nurturing and training your pets competently can make you earn millions of dollars if they perform consistently well and acquire high horse ratings in the track.