THEY’RE ALL DESERVING
Regarding the USTA’s poll assessing the “deservingness”
of Continental Victory, Malabar Man, Matt’s Scooter,
Miss Easy and Moni Maker for the living hall of fame.. Guess
what. THEY’RE all qualified each in his or her unique
Continental Victory. This Hambletonian winner may have
been as good a 3-year-old trotting filly as anyone has ever
Malabar Man lugged amateur driver Malvern Burroughs to
gold and glory on two continents and in doing so provided
almost Hollywood like saga not to mention the priceless
extra reams of press coverage.
Matt’s Scooter became the world’s fastest harness
horse at the apex of what must be considered an illustrious
Miss Easy was a pacing filly on a par with the legendary
Moni Maker is well… Moni Maker…
All five are “living hall of famers” or at
least they should be.
ADDRESSING BUY BACKS
Illuminating piece by Harold Howe in his Harness Edge Magazine
illustrating the ticklish ramifications of buy backs- routine
in the thoroughbred world but frowned upon in the harness
world. Fortunately insightful thoroughbred and harness breeder/owner
Bob Anderson did put the topic in proper perspective.
Horses are first and foremost commodities and as such have
levels of value. Despite the venue, the auction itself is
not exactly a fire sale. Especially since at some auctions
like art auctions it’s not even uncommon to commence
bidding at a designated number.
The bidder seeks to acquire merchandise for a minimal investment
while the seller seeks what he considers fair market value.
Unfortunately, there’s no barometer for determining
fair market value except whatever number each individual
attaches to the product. Nor is there such a thing as book
value to suggest subsequent value after 12 months usage
or 12,000 miles (whichever comes first) placing the buyer
in a sort of limbo. The seller on the other hand has already
absorbed the cost of manufacture and is understandably reluctant
to part with a lexus for what is essentially a corolla type
As Bob Anderson stated it’s not unreasonable for a
consignor reserve a horse at about two thirds its real value.
Needless to say consignors assessing unrealistic numbers
will wind up taking some back.
There’s also the growing trend toward partnerization
and/or tacit understandings amongst many bidders who may
not be combining on the horse in the ring but do have associations
on other horses. This has a huge impact on the number of
bids any horse is likely to attract.
Curious if the degree of partnerization is nearly as prevalent
in the thoroughbred world as it has become in our world?
Kudos to Harness Edge for addressing the topic.
Anyone involved in the information dissemination business
(touting) knows full well the inevitability of loss axiom.
The player will ultimately lose (except for those few who
attain elite professional status) therefore the playing
field must constantly be replenished to in order to stay
in business. Since the player must ultimately lose it is
also advisable to make that process as painless and pleasant
as possible. This the casino people understand very well.
The racing industry needs to understand that regardless
of how many betting outlets there ultimately may be, if
what they’re betting on proves not to be worth betting
on, it ultimately will not work.