Del Mar Online Racing Community
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http://www.equibase.com/static/chart/pd ... 13USA7.pdf
3yo filly, first time starter went off at 16-1 picked up by LRF at Gulfstream Park. I am an investor in this new style partnership. No markup. LRF takes 10% of the initial raise to claim horses. Great work guys!
I am a financial advisor/stock broker. I am going to run it by my firm if its ok to take an initial 10% of each clients account before we do anything. I hope they say thats fine, because it sounds like a brilliant idea if people are stupid enough to go along with it. I will let you know what they say about the idea.
Petemo, what are you talking about?
Your example is irrelevant since you can't "run it by your firm" to raise prices. You have to run it by your client.
When I buy a horse I pay a bloodstock agent 5% - 10%. Just about everyone pays someone 5%-10%...Minimum.
Here, I pay LRF to buy, claim, re-buy, claim, etc. If we claim 7 horses, the percentage per horse is more like 2.5%.
If you know someone who only charges at this level, while also including day to day management, let me know.
BTW the horse ran an 84 Beyer.
Actually, JoeyT and dodger89 both signed up for accounts from the same computer with bogus names and addresses 100 miles apart.
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