Barns often need workers to feed, turn horses in and out, and clean stalls, and many barns can be somewhat flexible about the hours that you work. For the most part, horses are a costly hobby and interest. If you own a percentage of a horse, the above costs break down in the same proportion. Examples include racing, breeding, some forms of competition and horse slaughter. Breeding Timer: The 6 hour wait between breeding attempts was removed in June 2018. By Don Blazer It is so easy to have a successful horse business that virtually anyone who wants to succeed can succeed! As a rough rule of thumb, if a horse can generate prize money of an average of $5,000 per race, implying sound regional and possibly mid-week city class, it is a horse which covers both its costs and has a good chance of paying back the purchase price. Look around and you might think there is a lot of competition vying for the business you want. If you want to buy a unproven racehorse outright, the initial horse cost is often manageable; websites list a wide variety of racehorses that are available in the $3000 to $10,000 price range. The obvious one which appeals to most farmers is breeding. How much money did secretariat make for his owners? There are different ways of making money out of horses. The level of competition in the horse breeding line of business to some extent depends largely on the location of the business and of course the capacity of your horse breeding ranch. You'll lose more money in the process than you'll ever make. The only ways people make money from horses themselves involve exploitation. You choose the breed; the rules for making money with horses remain the same. These two breeds command huge prices as race horses. Horse breeding is attractive to farmers, but there are many overt and hidden costs – horses need to be fed, stabled and cared for for a minimum of three years before they can be sold, writes Dr Mac. If you can successfully add horse grooming to your horse breeding business, you are likely going to … You should consider whether you want to breed the animal to sell its offspring, meat, or animal products. Y ou recently retired … Make Money With Horses. Right up front, if you are interested in horses because you want to make money, find another interest. Horse Breeding Tip: View the Stable locations of your horses by opening your world map (M) and clicking the city then click the horse icon at the bottom right.You can also view your horse’s location at the Stable Keeper. In February 1973, four months before his history-making victory at Churchill Downs, it was announced that 32 breeding “shares” had been sold at a record-breaking price of $190,000 a share, netting Claiborne Farms and Meadow Stable more than $6 million—$30 million in today’s money. These animals are less common, but can be highly profitable if you want to earn money from your “pets.” There are several considerations when choosing an animal to breed for money. However, direct descendants of a champion racehorse could sell for many multiples of that number, as could young champion racehorses with Triple […] But as much as you might like a non-racing or other breed, and as much as you might wish it weren’t true, it is true—the greatest flow of cash is in Thoroughbreds and Quarter Horses. All you have to do is: 1. get credentials, 2. focus on a niche, 3. become an expert. One of the easiest ways to make money while working with horses is to pick up a part-time job doing barn work. 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