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What's the connection between wealthy people and horse racing?

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  • 15-04-2017 9:46pm
    #1
    JoeyPeeps
    Closed Accounts Posts: 110 ✭✭


    I don't understand it.


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    #2
    gitzy16v
    Closed Accounts Posts: 2,093 ✭✭✭gitzy16v


    They're the only ones who can afford it.


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    #3
    bonzodog2
    Registered Users Posts: 6,210 ✭✭✭bonzodog2


    They can afford to buy racehorses and have a bit(lot) of a flutter ?


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    #4
    Collie D
    Registered Users Posts: 11,312 ✭✭✭✭Collie D


    How come I never see office temps driving Ferraris?


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    #5
    Speedsie
    Registered Users Posts: 1,308 ✭✭✭Speedsie
    ¡arriba, arriba! ¡andale, andale!


    D'ya know how to make a small fortune in racing?











    Start with a large one!
    :)


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    #6
    DivingDuck
    Registered Users Posts: 1,396 ✭✭✭DivingDuck


    Horses are expensive.


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    #7
    Your Face
    Closed Accounts Posts: 7,277 ✭✭✭Your Face


    Race horses are expensive and its risky.
    You might buy a horse with good bloodlines and it turns out to be a nag.
    Johnny Paycheck can't take that chance.


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    #8
    JoeyPeeps
    Closed Accounts Posts: 110 ✭✭JoeyPeeps


    so the people who own the horses may actually have never of ridden them?


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    #9
    Beyondgone
    Closed Accounts Posts: 1,166 ✭✭✭Beyondgone


    It's the same as the connection between rich people and Picassos.
    Give something a value. Stick to the story and sell it amongst your friends. Keeps capital together, appreciates and provides a safe haven. Art, Horses, Ferraris, gold and Antiques. Also provides a few good days out. It's mostly bollox, but once the illusion is preserved, the circle keeps on turning.


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    #10
    gitzy16v
    Closed Accounts Posts: 2,093 ✭✭✭gitzy16v


    JoeyPeeps wrote: »
    so the people who own the horses may actually have never of ridden them?

    Most likely.


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    #11
    jamesbere
    Registered Users Posts: 5,022 ✭✭✭jamesbere


    Well money can be exchanged for goods and services. Some people have a lot of money hence why they can buy expensive things like horse's

    Hope this helps


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    #12
    odyssey06
    Registered Users Posts: 28,317 ✭✭✭✭odyssey06


    Of course, historically owning horses that could be ridden (i.e. not farm work horses) was a sign of the aristocracy... A knight would have to have his own horse. The equivalent term in French is chevalier which i think just means 'horse man'?

    "To follow knowledge like a sinking star..." (Tennyson's Ulysses)



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    #13
    DontThankMe
    Closed Accounts Posts: 732 ✭✭✭DontThankMe


    After they are done making their millions controlling us plebs working 9-5 for them. They like to buy animals and watch them make millions for them instead.


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    #14
    stampydmonkey
    Registered Users Posts: 2,359 ✭✭✭stampydmonkey


    They have similar faces


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    #15
    Atoms for Peace
    Closed Accounts Posts: 2,888 ✭✭✭Atoms for Peace


    It's a good cover for dodgy money.


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    #16
    biko
    Registered Users Posts: 81,223 ✭✭✭✭biko


    It's the pony dream - wealthy people are still 13 year old girls at heart.


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    #17
    Victor
    Registered Users Posts: 78,298 ✭✭✭✭Victor


    Stud fees are tax free.


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    #18
    Beyondgone
    Closed Accounts Posts: 1,166 ✭✭✭Beyondgone


    I dunno. Our local town has 11 bookies. 50% of the people(ish) go in to punt on the horses. The other half are football junkies. That tidal wave of money flows upwards, unlike sh1t, which flows downwards. So between selling the horses themselves to the naïve and aspirational/a mate, there's the bookies bonanza (aka prize-money) to be considered. Also, owning a "Stud" has a certain cachet. All that manicured concrete.


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