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TopicWinning Horse Racing Methods Based on Workouts

  • Sat 6th Oct 2018 - 1:39pm

    Why don't more trainers move Fifth Gear Bets in and get part of that money? One of the reasons that has been opined is that the state is remote and it is hard to ship in and there are no other tracks to draw from. That may be true, but still, why not just set up a base of operations there?

    One problem is taxes. When I lived in Los Angeles there were taxes on top of taxes. It is a wonder that anyone does business there. Yes, they may handle a lot of money, but when you're also paying taxes to the federal government, the state, county, and city, it gets ridiculously expensive and you realize that the high prices you receive for your services are just going into the tax man's pocket. Then there is the actual cost of just living there.

    Have you tried living in Southern California? It is a very expensive place to set up shop. Imagine what it costs to keep a horse or horses. Land is so expensive that a few acres is considered a ranch. Then there are all the other costs, such as feed, and hired help. Labor and workman's comp costs are very high. All these expenses are passed on to owners. So the question then is whether or not those purses are really so high or should be adjusted even higher.

     

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