Step 3 - Buying Your First Racehorse

Will your horse win?

Not all horses are winners, but once your thoroughbred makes it to the racetrack, statistics show that it has a better than even money chance of winning prizemoney.

Below are some facts & figures relating to the 2010-2011Australian racing season.

• Total prizemoney $428.3 million (plus $27.1m in Incentive Scheme payouts)
• Average prizemoney per race $22,678
• 31,181 horses competed in 18,888 races
• 374 race clubs conducted 2,641 meetings
• 4,606 metropolitan races and 14,282 other races
• 23,988 horses earned prizemoney
• 595 horses earned prizemoney greater than $100,000
• 45 horses earned prizemoney greater than $500,000