Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:

  • We have tons of content. In fact, since November 2011, I've published more than 26,000 posts on thousands of different business ideas and opportunities.
  • We don't sell much advertising. In late 2013, I realized that by selling advertising, what I was really selling was my readers. In 2014, I've already radically cut down on the number of ads and will hopefully keep cutting.

The secret to making money with race horses isn’t to bet on the ponies, it’s to invest in them! It’s relatively easy to invest in racehorses, reports the Huffington Post. If they win, you’ll get a share of the purse, plus then they’ll be in demand for breeding and you’ll receive a portion of those proceeds as well.

If Saturday’s Kentucky Derby makes you dream of owning a thoroughbred for the price of a nag, you’re in luck. Several firms arrange partnerships for small-timers to buy a share of a racehorse. Investments begin in the low hundreds of dollars.

Dave Dillon, a Chicago hospitality executive, plunked down $5,000 for a 5 percent stake in a yearling through Team Valor International, a Versailles, Ky.-based stable. Dillon’s chances of profiting were remote — up to 95 percent of owners lose money, estimated Team Valor owner Barry Irwin. But Dillon’s colt, Animal Kingdom, was an exception in the grandest way imaginable. It won last year’s Kentucky Derby.

“Animal Kingdom was way past catching lightning in a bottle,” Dillon told The Huffington Post. “It was catching lightning in a bottle that’s locked in a safe.”

After spending a chunk of his winnings on memorabilia, Dillon received a check for his cut of the purse from both the derby and Animal Kingdom’s second-place finish in the Preakness — $65,000. He could receive about $300,000 when the horse begins breeding.

Here are some racing syndicates that you can invest in:

Photo by Cheryl Ann Quigley/ShutterStock.

About these ads

Originally posted by Dane Carlson on May 4, 2013 in Ideas.

StumbleUpon


Related Posts

BluePromoCode - Fast, reliable coupons
import export business