Greyhound Syndication in Victoria- What to Look for when choosing a syndicate
There are a lot of people out there who promote greyhound syndication and sell shares in greyhound syndicates. Many of them are advertised on this website. However, for the beginner greyhound enthusiast, it can be really hard to work out who are the best syndicators and what to keep an eye out for. This is why I have written this article.
Below I have outlined three factors you should consider if you want to get involved in greyhound racing as an owner through syndication. You should consider the following:
Price of the greyhound shares- Different syndicators set up their pricing in different ways. You may pay an upfront fee and ongoing costs or you may pay a lump sum upfront with no ongoing costs. Also, share prices change depending on a number of factors. A share in a puppy will be cheaper than a share in a ready to race dog, but a ready to race dog may give you more chance of winning. Also, if a share in a syndicate seems to cheap, there may be something the greyhound trainer is not telling you.
Quality of greyhounds previously trained by trainer- Another factor to consider is the experience of the trainer who will be looking after the dog. Have they had much previous success? How many of the dogs they train make it to the racetrack regularly? You should try and associate yourself with a successful trainer because this an boost your own chances of success as an owner in a greyhound syndicate.
Whether the trainer holds any regular owner events or allows you to visit your greyhound- You may also want to keep an eye on your greyhound when it is not at the track. As such, you may want to keep an eye out for a greyhound syndicate where the greyhound trainer holds regular functions and allows you to come out and see how your greyhound is traveling.’
Just some things you may want to think about before you get involved in greyhound syndication.
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