Greyhound Syndication- Why I prefer Syndicates instead of outright ownership.
Obviously I am a fan of greyhound syndication. Otherwise I wouldn’t have started this website. In this post, I just wanted to outline a couple of the reasons why I am a fan of greyhound syndication and why I think that you should get involved too.
Greyhound Syndication is cheap- With greyhound syndication, costs are shared by all members of the greyhound syndicate. This means that you, as a shareholder, will not bear the brunt of all costs. Costs are shared. As such, you will not be out of pocket as much as you would be if you were a sole owner.
With Greyhound Syndication you Can Spread Your Risk- If you have a certain amount of money to invest in greyhounds, you could buy one greyhound outright or you could buy shares in multiple greyhounds. Buying shares in multiple greyhounds has its advantages because you have more chances of finding a winner, even if one of your greyhounds is not a star.
With Greyhound Syndication you Can Spread Your Rewards- Like the above point, being involved in a number of greyhound syndicates can also mean that you increase your chances of rewards. The more shares you own, the more chances you have of finding a winner.
Greyhound syndication is fun and exciting. I have outlined some of the reasons above why I am in favour of greyhound syndication.