The big money in equestrian sports isn't in the betting — it's in the breeding.
Fast forward a few years, when the winner's racing career is over and the horse is "retired to stud." It could be a dreamy scenario for some: The horses earn a ton of money just for having the mares line up to have a little bit of private time with them.It used to be common for top-end racehorses to get sold in retirement, but today, many owners are hanging onto horses with the idea that a bigger pay day may be coming down the road through stud fees.
More than 20,000 foals are born in the United States and Canada every year. After the birth, owners must decide whether to sell the offspring or keep them for racing." For those that don't go to the auction market, they're owned by the people who bred them, and they'll go on and race their own stock or they may be sold privately.
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