What can racehorse owners do to make money?

Throughout my lifetime, I have watched countless new owners jump into to the horse business and burn through many hundreds of thousands of dollars. Not good for them, not good for racing and especially bad for horses.

With millions of dollars at stake in the thoroughbred industry, lucrative state-bred programs, claiming opportunities and ever increasing purse structures the sport of horseracing is a great place to make money. The business of racing is fun and virtually recession proof. Ownership through partnerships now make it possible for many new people to become active participants in the Sport of Kings.

One of the most successful new owners in racing is my friend Roddy Valente. Over the past several years, Roddy and trainer Bruce Levine have amassed a stellar record of wins with value-based claimers and NY-Breds. This year alone, Valente’s stable has earned over $777,000 (as of July 10, 2008) and his top charge, undefeated home-bred BUSTIN STONES, is scheduled to run next in the Grade 2 $250,000 Alfred G. Vanderbilt Handicap at Saratoga on July 26. I spoke with this dynamic owner-trainer team at the O! for UnbridledTV and Roddy articulated just what new owners need to do to achieve success on the track… Click the video (plays 7 mins) to find out what you can do to be a profitable player in the racing game …