How much does it cost to buy a good race horse?
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How much does it cost to buy a good race horse?
Racehorses are very costly investments. Just purchasing one will set you back an average of $75,000, though some sell for several million and others can be purchased for just a few thousand. No matter what you paid initially, you can expect to shell out several thousand more each month for upkeep and training.
How much does a race winning horse cost?
For the average joe, the minimum price for a horse starts at around $400, but you see most syndicates picking up a yearling for between $50,000 and $250,000.
How much do retired race horses cost?
How Much Does An OTTB Horse Cost? An OTTB horse will cost on average between $1,000 to $3,000. The price of an off-the-track Thoroughbred will vary based on its race pedigree, temperament, height, and bloodline.
Is a race horse a good investment?
It’s never a good idea to invest in a racehorse expecting to make money, but if done right, you can have fun, and there is a possibility for financial reward.