Anybody have $100,000

[golfer]

Burning a whole in your pocket?

Ben's Cat needs a BC sponsor:

http://www.drf.com/news/laurel-leath...n-breeders-cup

[Clip-Clop]

If you like the horse and he gets in you would probably get the same return if he wins on 1/10th of the 100K as a wager, no?

[blackthroatedwind]

Originally Posted by Clip-Clop

If you like the horse and he gets in you would probably get the same return if he wins on 1/10th of the 100K as a wager, no?

Basically. It's a horrible gamble to supplement pretty much any horse to that race. $100K for a $1 Million race? Absurd. It isn't as though there is some additional breeding value for the winner.

[philcski]

Originally Posted by blackthroatedwind

Basically. It's a horrible gamble to supplement pretty much any horse to that race. $100K for a $1 Million race? Absurd. It isn't as though there is some additional breeding value for the winner.

I agree... especially in this scenario. You're risking $100k to win $600k and let's face it, the BC Turf Sprint is a huge crapshoot and it's hard to say ANY horse in the field is worthy of a wager at 5-1. If you're going to be 1/5 in a (generally) formful race like the Turf... maybe it's worth a shot. But the Turf Sprint? Forget it.

Didn't he win a WAYI race anyways where they're supposed to pay the supplement for him or something?

[Rudeboyelvis]

Without tossing in a considerable chunk of the ownership for this type of investment, I think Leatherberry is just having some fun with this - It costs nothing to ask, right?

[hockey2315]

Originally Posted by philcski

I agree... especially in this scenario. You're risking $100k to win $600k and let's face it, the BC Turf Sprint is a huge crapshoot and it's hard to say ANY horse in the field is worthy of a wager at 5-1. If you're going to be 1/5 in a (generally) formful race like the Turf... maybe it's worth a shot. But the Turf Sprint? Forget it.

Didn't he win a WAYI race anyways where they're supposed to pay the supplement for him or something?

Not that we haven't already established how ridiculous this whole thing is, but it's even worse in this case. The backer would get 50% of the "profit." So, $100K would yield a profit of $250K if he won, $50K if he ran second and $5K (!) if he ran third. Obviously, Ben's Cat won't be 5-2 or less in the race.

[golfer]

Ben's Cat is a very nice horse, and I think if he were to go, his best effort would definitely have a shot at winning the thing. It would make a great story for someone to pony up the dough, but as an investment, it's obviously a joke. If the King doesn't put up the cash, I guess we will never find out.

Perhaps they can pass around the plate at Laurel for the next few weeks.

[philcski]

Originally Posted by hockey2315

Not that we haven't already established how ridiculous this whole thing is, but it's even worse in this case. The backer would get 50% of the "profit." So, $100K would yield a profit of $250K if he won, $50K if he ran second and $5K (!) if he ran third. Obviously, Ben's Cat won't be 5-2 or less in the race.

Oh wow, I didn't catch that part of the article. You're absolutely right. It's even worse than what I laid out.