Monday, April 27, 2015

Pointers To Buy A Racehorse

By Stella Gay


People enjoy different types of sports. Some enjoy individual sports such as golf, billiards, or bowling. Others also enjoy team sports such as basketball, volleyball, or baseball.

Sports where speed and stamina are involved are enjoyed by most men. Horse racing is usually watched by them. Richer persons buy a racehorse eagerly so that profits can be gained from these winnings. The following steps should be taken for the endeavor.

To start, their knowledge on the purchases should be evaluated first by the individuals. If enough matters are possessed on the matters, the conditions, breeds, and other characteristics wanted for the horses should be decided. Otherwise, referrals and tips should be gathered from several trainers. Lots of trainers can certainly be found in various areas. Referrals and tips related to this endeavor can certainly be provided by these trainers.

He could also be hiring a bloodstock agent. This agent is usually earning a commission in buying and selling thoroughbreds. This agent could be recommending a breed that meets the budget of the buyer and suits his needs. The individual should be verifying the reputation of the agent first prior to engaging his service. This way, he could be having an assurance that he will be receiving the best breed.

The buyers should consider the total costs of this undertaking. They have to know the purchase prices of the horses that they will get. They should also factor in the amounts that they need to spend for the vaccinations and the supplements of these creatures. The purchasers should also estimate the expenses that they will incur to feed these horses, too.

The purchaser could be employing three methods for him to be obtaining a breed, namely through a claiming race, auction, or private purchase. In a claiming race, the agent cannot be conducting a physical inspection on the steed. In an auction, the bloodstock should be placing the highest bid for him to be getting the desired steed. In a private purchase, the seller will be selling the creature directly to the agent at a certain price. The veterinarian could also be inspecting its condition beforehand. The buyer should be determining the method he will be going with.

After possessing this animal, the owner should be hiring a trainer who will be preparing the steed for the race. He should be looking for a trainer with the qualifications, skills, and knowledge necessary in performing his duties. It would be better if he will be choosing one who already has numerous relevant experiences.

Racing licenses are needed to be obtained by the owners. They will be allowed by these licenses to have different races participated in. Their local agencies should be checked about the requirements needed to be complied with, such as procedures, licensing applications, and fees. The requirements might vary and depend on their states.

The thoroughbreds should also be registered to jockey clubs. The registration papers should be presented to the organizers of the races. The physical descriptions, pedigrees, and names of these horses are usually contained in these papers. Colors should also be applied for by the owners. These colors will be worn by the riders to have the owners represented when they ride the horses.




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