I dunno if this has been formally announced yet or not. But I just heard that Mr. Ramsey is looking for someone to put up $200k to supplement Oscar Nominated to the Derby. I guess whoever he had lined up didn\'t pan out. Promise is to get 50% of purse of Derby and the next 2 triple crown races as well if he runs in them. But no ownership percentage.
My question is this, if I thought Oscar could win why wouldn\'t I just bet $200k on him at 40-1 or whatever in the Derby. By my math thats about $8M. That\'s way more than 50% of the purses even if he wins all 3 races. No vet bills or stud rights either way.
I don\'t see any angle here. Is someone going to pay $200k just to enjoy some type of Derby ownership experience?
If so, that\'s a market waiting to be plucked.
It is and it is. You should see what Derby contenders go for in February. Ask Covello.
JB, you are correct that the prices are nuts
MJ, you are correct that it\'s a silly proposition
the leg of Destin that just traded was a much better deal than what Ramsey is offering
The Ramsay deal is ridiculous. Do you know how much that leg cost? Eclipse has been more aggressive lately but being a large partnership -- not sure they are focused on just the notoriety.
Hey Strike,
I know what they were asking but don\'t know what final terms were
Good luck this week