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-   -   Raising Costs (http://www.racingforum.com.au/greyhound-training/88-raising-costs.html)

Morgan 03-29-2008 02:39 PM

Raising Costs
 
I have been associated in Greyhound syndicates for awhile although im at the stage where im looking at buying a dog by myself, im not sure about the costs involved in raising and training it.
Can anyone help?

Just need some rough figures.

Thanks in advance

bundy 03-29-2008 02:53 PM

You usually buy your pup anytime after 3 months of age.

Rearing is usually $35-$45 a week depending where you go.
This is usually up until 14-16 months of age.

Then you need to break it in which is $250-$350
Then you need to spell for a month roughly $35-$45 a week.

To name it is $30-$50 depending on what state.

Trainers are either:
50/50 prizemoney and no fees
50/50 and all 3rds and no fees
First $50/$100 then 50/50
60/40 and weekly fees
Prizemoney to owner and weekly fees of anything upto $80 a week.

~ Bundy

Morgan 03-29-2008 04:26 PM

So a pup bought at say 11 months will need to be reared for around 4 months at say $40 a week.

+ $300 to be broken in

+ $40 for naming

From this i get figures of about

$1060

Also what do you mean ( Then you need to spell for a month roughly $35-$45 a week. )

Thanks

bundy 03-29-2008 04:32 PM

After breaking in are often sore and tired..... the breakers are a full on period of time....
So they need a months break, or spell, to get back to good fitness and rid soreness and any niggling injuries....

Morgan 03-29-2008 05:58 PM

Oh okay thanks for clearing that up.

Im going to look into this over the next few weeks as syndicates are good although there is nothing like buying your own dog and raising it up to the racing stage.

cliffy 04-16-2008 02:07 PM

morgan,

if you buy a pup no matter what age make sure you get it reared properly and fed the best etc.

i must admit i no longer buy pups like i use to due to high risk involved in success but it is the only way you will get a chance at that elusive champ or topline dog.

the last 2 years i found buying breakin or lightly raced young dogs has given me the most success and the majority of them have covered their own costs.

whichever way you go good luck.

cliffy

TheChook 04-16-2008 05:23 PM

You very much so much be careful buying a pup at 11 months old - Some people will break them in at 10 months old to see if there is any ability there, if not they will put $2,000 or more and sell them off saying ''guaranteed untired''

Best Bet is to buy a pup around 6 months old. This way YOU choose where it is reared so make sure it gets the best of everything, and every chance to be a success - as rearing is VERY important

Brad is spot on with all costs, much so as he has been there himself! But to total it up, buying a well bred 3 month old youngster at say $2,000 plus all costs to get it to roughly 24 months old.

Im using this as my example. I have a pup 2yrs old in June, $1,500 for him, $2000 rearing, $350 breaking in, then $40 per week since he was 16 months old after breaking in.

Whether the pup could run or not was another story but either way $5000 was to be spent.

At the same price your best chance is to buy a pup recently broken in as you can witness if it can run or not - take out the 16 months worth of hope.

Usually good break ins will go for $4k and upwards depending on who you contact.

Morgan 04-16-2008 05:46 PM

So on average to raise a pup to the racing stage costs roughly $5000.

What sort of return would you be looking at if he/she is a reasonable runner in Vic races?

Thanks

bundy 04-16-2008 06:01 PM

Every track (except meadows and sandown im unsure) is approx $945 a win

TheChook 04-16-2008 06:26 PM

Depends if your dog is placed with a trainer on a 50.50 deal. Your dog would need to win $10,000 for you to get a return which is equal to 11 wins, unless the dog wins in the city which is $3,780 win prizemoney.

Thats why your best chance is to buy a dog thats lightly races or just broken in.


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