Looking For An Adrenalin Rush?

FOR some people, simply drawing the winner of the office $2 Melbourne Cup sweep is a buzz. So imagine what it would be like to own the winner of one of Australia’s biggest races.

Someone who knows and has given thousands of 'everyday folks' the thrill of being in the winner's stall is Dean Watt, founder and principal of Dynamic Syndications.

Dynamic Syndications horses have managed to win just every major race on offer including the Cox Plate, Golden Sipper, Blue Diamond, Caulfield Guineas and Galaxy.

Horses that carry Dynamic's famous red and white design have won 1725 races and $30 million in prizemoney between them. For every one of Dynamic's 500 plus winners, there is a very happy team of owners.

“It's an adrenaline rush that is very difficult to describe and impossible to bottle,'' Watt says. “Your heart thumps, your palms go sweaty and it's an exhilarating feeling that you would never have been able to experience - that is what it's like to win a race, especially if it's your first.

“The anticipation and the excitement is absolutely out of this world and it's why we are all involved in the sport of racing.''

Racehorses aren’t always cheap but prizemoney levels in Australia are among the highest in the world. On top of outstanding prizemoney levels, most Australian states and territories have bonus schemes that frequently add up to $20,000 on top of the winning horse's prizemoney.

Sales companies including Australia's leading auction house, Inglis, offer enormous incentives for eligible horses as part of their $5.4m race series.

One of Dynamic Syndication's own horses, Specific Choice, was on the end of a huge pay-day when he won at Rosehill in November before going out for a holiday.

“We paid $65,000 for Specific Choice as an Easter yearling, we picked up $48,500 for winning the race plus a $20,000 BOBS bonus and $100,000 Inglis Bonus, that's $168,000 for winning a benchmark 71,'' Watt noted.

"Your heart thumps, your palms go sweaty and it's an exhilarating feeling…"

People wishing to own a racehorse can choose to join an existing syndicate and establish new friendships or band together with existing friends or family.

The benefits of ownership have recently been expanded to cater for larger syndicates, as Champion Thoroughbred Belinda Howard explains.

“As of last year, owners who have a five percent share are guaranteed to get their name in the racebook which is really beneficial especially when owning small shares because it's nice to be able to see your name in the racebook come raceday and makes for easy ticketing collection and a whole lot of other things as well,'' Howard said.

“So if we sold a horse and it was made up of five percent shares then all twenty people would get their name in the book.

“It's a much cheaper way and takes away a lot of the risk, even when owners want to buy a ten percent share of the horse, because of the new rules we encourage them to take a five percent in two (horses).

“One of those horses could be a Group 1 winner and the other one might not make it to the track so it just spreads the risk and also gives you double the racing essentially which is what people want in syndication - they want to go racing and they want to have fun.''

 

Champion Thoroughbreds principal, Jason Abrahams is a renowned owner/breeder on the Australasian scene. He bred and sold Group 1 winning champion filly Nechita to Patinack Farm and has led in a host of winners wearing the Champion Thoroughbreds colours including Rosehill Guineas winner Zabrasive and the cracking filly Hoss Amor.

“Apart from the obvious potential financial benefits of owning a premium racehorse, there is a considerable 'fun' element to the experience, Howard adds.

“There is a lot of camaraderie in between the ownership groups of the horses we have got running especially the older ones like (stakes winner) Lightinthenight. ``His ownership group socialise together. They are like-minded people who love racing and talking about the horses.''

Syndicators aren't the only avenue to racehorse ownership. Sydney-based Trainer Connections is a fully licensed and Racing NSW approved business that links trainers with owners in a very direct way.

 

Trainer Connections' expertise in compliance and transparency enables a more formal relationship to build between trainers and owners.

“As a trainer, I want to go to the sale and buy a horse because I want that horse, as opposed to when a syndicator gives them a horse based on a particular pedigree. We start with a horse that the trainer actually wants to buy,” comments Trainer Connections’ Craig Tognolini.

“Because there is no 'middleman', the costs to trainers and prospective new owners are generally lower and what we do at Trainer Connections is match trainers with owners and get them to meet one on one where there's no mark-ups, that's our model.''

Trainer Connections also has a direct debit system which guarantees both parties obligations are met promptly and without any fuss.

But of course, it's not just the outgoings that Tognolini's team concerns itself with. Owning a horse is about winning and Trainer Connections has made an instant impact in that department.

The first two horses that the burgeoning young business 'matched' were dual metropolitan placed two-year-old Let's Frolic (trainer by Tim Martin) and the multiple 2YO stakes winner, Twilight Royale (trainer by Bjorn Baker), now taking the filly’s earnings to over $487,000.

All reputable syndicators are bound to comply with a stringent set of laws regulations that ensure proper conduct on behalf of the horse traders.

 

“The best part about dealing with a licensed syndicator is transparency, integrity and also protection under law,'' Dynamic Syndications boss Dean Watt points out.

“They are the three key areas. Professional operators all operate off essentially the same model.''

The measures that syndicators must undertake to meet all of the rules and requirements of their license give owners the security and peace of mind so they can get on with the real purpose of horse ownership.

“Racing is the sport and we are all on a level playing field. Every time we buy a yearling out of the sale ring, everybody walks away with those same hopes and dreams,” Watt adds

“The reality is that most of us can realise them with just a little bit of average racing luck. There's nothing quite as exhilarating as winning a race whether it be at the Bong Bong picnics or a Group 1 at Randwick, you still get that rush.

“I defy anybody to be able to explain the difference between owning a hundred percent of a horse or five percent, the adrenalin rush is identical. You're getting a hundred percent of the satisfaction for a fraction of the cost,” Watt concludes.

To find a share bloodstock.com.au/syndications is the best place to compare all current thoroughbred shares available for purchase from Australia’s leading Syndicators. The site has plenty of information to keep you up to date with race results, yearling purchases and also has a dedicated team of bloodstock consultants that are always happy to assist.

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