It is important to understand that there is no typical scenario for a horse and its racing career. But in the hopes of giving a full picture of what a life of an active race horse may look like and what the accounting looks like, here are two scenarios:

Scenario #1

WV Stables claims a horse (We will call it "Captain Ron" for this example) for $20,000.
Captain Ron runs three times in a 3 month period for our stable and has 1 win, 1 place, and 1 show and this earns him $33,000 in purse money.
In the third race, Captain Ron is claimed in by another stable for $22,500.
A club member that opts into Captain Ron for 1% would pay $299 ($200 for the 1% and a $99 management fee)

The accounting would look like this:

   Purse Income$33,000
Total Inflows:$33,000


Insurance$200
Jockey Fees$3,500
   Training Fees$9,500
   Vanning$300
   Vetting$500
      Total Outflows:$14,000
   Net+$19,000

A 1% club member will get 1% of $22,500 + $19,000 or $415.
The Captain Ron Team is a winner!

Scenario #2

WV Stables claims a horse (We will call it "Slow Poke Junction" for this example) for $15,000.
After claiming Slow Poke Junction, we realize that it has a chip in its ankle. We need to remove the chip to make the horse more comfortable and hopefully a better runner. The vet bill for that is $4,000. After 6 months of recovery and retraining, Slow Poke joes back to the track.
Slow Poke Junction runs three times in a 3 month period for our stable and has no in the money finishes and this earns him just $500 in purse money.
In the third race we make the determination that Slow Poke is just not going to be the type of runner we want so we are able to sell him in a private sale to another owner for $1,500.
A 1% club member that opts into Slow Poke would pay $249 ($150 for the 1% and a $99 management fee)

The accounting would look like this:

   Purse Income$500
Total Inflows:$500


Insurance$200
Jockey Fees$100
   Training Fees$10,000
   Vanning$800
   Vetting$6,000
      Total Outflows:$17,100
   Net-$16,000

A club member's 1% share equals = 1% of ($1,500 - $16,600) = -$151

But because of the way the club works, no member owes any of that loss. Wasabi Ventures Stables assumes that loss.

Unfortunately, Slow Poke was not a winner.

*These results are not typical