Example #1
2 shares are invested at $500 each to purchase a $15-20k racehorse. The method of ownership is MF ( Monthly fees with participation in 100% of net purses ).
Horse ABC races 3times during the month of August in an $18k claimer with a purse of $13k.
Race 1 - finished 2nd - received 25% of purse ( less 10% for driver and trainer ) = 2925.00
Race 2 - finished 3rd - received 12% of purse ( less 10% for driver and trainer ) = 1404.00
Race 3 - finished 1st - received 50% of purse ( less 10% for driver and trainer ) = 5850.00
Race 4 - finished 2nd - received 25% of purse ( less 10% for driver and trainer ) = 2925.00
Total Purses won for the month = 13104.00
Monthly Expenses ( $140 per 1 share 2%) = $280
ROI on Purse for 4% = $ over 500 (This is a general sample based on 13K purses) and doesn't reflect
% you will still have in any reserve obtained in initial purchase price and excess fee's in trainer account)