If you want to make money on horses, you have two options: racing or breeding. Either way, seek out someone who knows the thoroughbred business, develop a plan and don’t be afraid to sell after you win a race.
A day at the races can be good fun, and as the world’s economic troubles continue to bite, putting your money on the right horse could see you make more than just a one-off win.
In the thoroughbred business, good bloodlines means big money for breeding. Click to learn the highest prices paid for thoroughbreds at auction.
Go inside the winner’s circle where millions are made.
These four-legged animals are not only beautiful and powerful, they can be valuable investments. CNBC's Nicole Lapin reports.
The Hon. Harry Herbert, chairman of Highclere Thoroughbred Racing, told CNBC, that investing in race horses is "a numbers game, just to spend a fortune on one horse you are taking a gigantic risk."
We all get the question: If there were one sporting event that you could have been at, what would it be? For me, that’s the easiest question in the world. The 1973 Belmont to watch Secretariat win by an amazing 31 lengths. In my mind, that’s still the most amazing sporting achievement of all time.