What kind of profit does a horse owner gets when it wins a race?

Question

What kind of profit does a horse owner gets when it wins a race?

Answer 1

It depends on how many owners (stables, single entrepreneurs), what % the trainer takes, what % the jockey takes (always 10%)....

Answer 2

All depends on what the purse is ??

They take out for the trainer and then the Jockey

and if the race is a paid into ?

or added money

So all will very""

Answer 3

Most races have 60% of the purse money going to the owner of the winning horse.....From that he has to pay his trainer 10%, Jockey 10%

The other expenses are variable but include:

Training Fee

Vet Bills

Ferrier Bills

Stable

Special Feed and suplements

Insurance

Transportation

Entry Fees

Nomination Fees

Bloodstock fees (usually 5% of purchase price)

Liscensing Fees

There are many others depending on how you come to own your horse (ie auction, breeding, claiming)