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Veterinarian Offline Visit My Farm Visit My Farm Joined: Sun Jan 27, 2019 2:18 pm Posts: 2793

Racing Thoroughbred Pricing

Post by Veterinarian »

Hello everyone!

I am really curious about what the pricing in trained Racing Thoroughbreds is currently?
I have sold trained thoroughbreds for up to 4 billion (usually around 10 million tbh) but lately I have seen many players, mostly newbies but some of them are old accounts, offering around 25k to 100k for trained Thoroughbreds.

I was also extremely confused when I put one of my best stallions up so that he could be champed and he got offers from 1k to 300k.

If trained Thoroughbreds that had not been champed or had good pedigrees were sold for up to 4 billion how did the offspring of a world record holder (I paid 100 million to get a stud from him) and, at the time I put him up, a Master Champion in Racing with results close to under 2 minutes got such low offers?

I understand the 300k offer (even though I had sold to that person, just, a trained Thoroughbred with no impressive pedigree for 10 million) but the 1k offer....surprised me a lot.

So I am asking the public, what is the price of a trained Thoroughbred and what of a champed one with good pedigree (that is not awful at the discipline ) ?

I do not want to overprice my Thoroughbreds since I am used to selling them for millions.

Are the players who offer around 1k newbies? Well then what about the player who offered 300k (who from previous purchases I know that they have more than 1mil)?
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Retsi Offline Visit My Farm Visit My Farm Joined: Wed Oct 12, 2016 5:41 am Posts: 1074

Re: Racing Thoroughbred Pricing

Post by Retsi »

Thoroughbreds are now more common. Race type ones are a dime a dozen, with more people breeding them, the prices have drastically lowered. I can still sell mine for large prices but I'm a well known breeder, whereas others may struggle. There isn't a lot of variety in the breed, you mostly see bucksins, chestnuts, black, bay, palomino. It may also be that some of the breeders who spent fabulously on TBs previously, are no longer shopping necessarily. You could still sell an ultra rare for a high price but anything else isn't going to get you much.
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Veterinarian Offline Visit My Farm Visit My Farm Joined: Sun Jan 27, 2019 2:18 pm Posts: 2793

Re: Racing Thoroughbred Pricing

Post by Veterinarian »

Retsi wrote:ping
Thoroughbreds are now more common. Race type ones are a dime a dozen, with more people breeding them, the prices have drastically lowered.
I see your point and yes that's probably it, I just got confused when I saw offers like 1k or 10k or 17k :lol: I meen a trained horse is sold for more than 25k and a racing Thoroughbred that is basically a grinder in Racing should be sold for the price of 200k (maybe lower) since that is what grinders are sold for. Adding to all of that the fact that he is champed to master champion so it is proven that he is not a bad racehorse through his times and win % and the fact that his sire is the current world record holder of racing, who is a horse that was up for a limited time with a stud fee of 100 million then is it logical for him to get sold for a price of around 50k?

If I personally put him up for sale I would either sell him for a price of 100 million if I just wanted my money back or more if I wanted to profit.

So, yes, racing Thoroughbreds are now more common and let's say that the price of a trained Racing Thoroughbred that was sold for 1 million the price is now lowered to 300k so considering the fact that I got this horse basically for 100 million shouldn't the horse be sold for 30 million?
It may also be that some of the breeders who spent fabulously on TBs previously, are no longer shopping necessarily. You could still sell an ultra rare for a high price but anything else isn't going to get you much
Thanks for clearing that up and yes it must be the fact that breeders who spent a lot on Thoroughbreds are not shopping now :lol:
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Re: Racing Thoroughbred Pricing

Post by BlackOak2 »

There's also the possibility of 'accidentally' getting a horse for a reduced price because somebody isn't paying attention, or also in the case of newbies, to be offered a gift, especially if they can't post on the forums.

In this case, I think it's a little of the former and maybe because they're thinking that the horse might be just wanting to be rid of.
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Retsi Offline Visit My Farm Visit My Farm Joined: Wed Oct 12, 2016 5:41 am Posts: 1074

Re: Racing Thoroughbred Pricing

Post by Retsi »

Veterinarian wrote:.
The stallion has an average speed, anywhere in the 50-60 range is not as flashy. His color is not common but not uncommon. He may be too tall for breeders looking for a potential stallion, ridiculous height has been a plague among Thoroughbreds, with horses reaching 20hh, that may be a turn off. If I were thinking of buying him, I would look at his body conformation, which is good. His stat conformation which is average. More importantly, his WPS which is above average for a purebred. Anything above 70% the desired category with over 100 starts is desirable because they are consistently placing. I would say that 100 million was far too high for the stud fee, kind of ridiculous actually, but now you have a horse that's lost you a considerable amount of money unless you show him, stud, or sell him for more.
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Veterinarian Offline Visit My Farm Visit My Farm Joined: Sun Jan 27, 2019 2:18 pm Posts: 2793

Re: Racing Thoroughbred Pricing

Post by Veterinarian »

Retsi wrote:
Veterinarian wrote:.
The stallion has an average speed, anywhere in the 50-60 range is not as flashy. His color is not common but not uncommon. He may be too tall for breeders looking for a potential stallion, ridiculous height has been a plague among Thoroughbreds, with horses reaching 20hh, that may be a turn off. If I were thinking of buying him, I would look at his body conformation, which is good. His stat conformation which is average. More importantly, his WPS which is above average for a purebred. Anything above 70% the desired category with over 100 starts is desirable because they are consistently placing. I would say that 100 million was far too high for the stud fee, kind of ridiculous actually, but now you have a horse that's lost you a considerable amount of money unless you show him, stud, or sell him for more.
True, I might be a bit too attached to him because of how much I paid for him lol.

Again thanks for telling me your thoughts!

PS:while everyone was getting horses that were above 15hh inwas getting around 13hh :lol: so you can say that I am pleased with his height XD
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Retsi Offline Visit My Farm Visit My Farm Joined: Wed Oct 12, 2016 5:41 am Posts: 1074

Re: Racing Thoroughbred Pricing

Post by Retsi »

Veterinarian wrote:.
I don't sell some of mine because I would want way to much for them. I also had a problem with the small ones. I rehome half the foals I had :roll:
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Veterinarian Offline Visit My Farm Visit My Farm Joined: Sun Jan 27, 2019 2:18 pm Posts: 2793

Re: Racing Thoroughbred Pricing

Post by Veterinarian »

Retsi wrote:
Veterinarian wrote:.
I don't sell some of mine because I would want way to much for them. I also had a problem with the small ones. I rehome half the foals I had :roll:
:lol:
I unfortunately had to continue breeding my short Thoroughbreds because at the time that I started working with Thoroughbreds they were sold for millions and I did not have enough money at that time. Fortunately I have bred my lines with tall Anglo Arabians so I am good now :lol:

And about the pricing thing, yes I cannot agree with you more XD I have seen plenty of plain awful horses (with reds etc.) being up for billions so, yes, breeders sometimes get too attached to their horses and overprice them.

However, for my particular horse I would not have it any other way since I paid so much for him. :lol:
Unfortunately Seabiscuit does not seem to pass his genes to his offspring so, all in all, I wasted 1 billion (since I got a few more offsprings from him) and I will not get it back anytime soon :lol:

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