Thursday, April 23, 2015

Steps 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.

Bloodstock agents can also be hired. Commissions are usually earned by these agents when horses are purchased and sold by them. Breeds that could meet those budgets of the clients and suitable for their own needs can be recommended by these agents. The reputations of the agents should be verified first by the individuals before their services will be engaged. This way, assurance will be theirs that the best breeds will be received by them.

The whole costs of this endeavor should be considered by the buyers. The purchase prices of desired horses should be known. The amounts needed to be spent for the supplements and the vaccinations of these thoroughbreds should also be factored in. The expenses that will be incurred by the purchasers so that these horses can be fed should also be estimated.

Three ways can be employed by the purchasers so that these breeds can be obtained, namely through the claiming races, auctions, or private purchases. For claiming races, physical inspections on these steeds cannot be conducted by the agents. For auctions, the highest bids should be placed by the bloodstocks so that the desired steeds can be obtained. For private purchases, the creatures will be sold directly to these agents at specific prices. Their conditions can also be inspected beforehand by the veterinarians. The ways that will be gone with by the buyers should be determined.

Once they have these animals in their possessions, the owners should hire trainers who will prepare these steeds for their races. They should look for those trainers who have the qualifications, knowledge, and skills which they need to perform their duties. It will also be good if they will choose those who have a lot of related experiences already.

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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