How much does the average OTTB cost?
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How much does the average OTTB cost?
An OTTB horse will cost on average between $1,000 to $3,000. The price of an off-the-track Thoroughbred will vary based on its race pedigree, temperament, height, and bloodline.
How much do retired race horses sell for?
Value depends on how long you are willing to wait and how many people you have looking at your horse. While it is rare for horses fresh off the track to sell for more than $5,000 as riding prospects it has been known to happen. Prices are more often in the $1,000 to $3,000 range.
How much does a retired thoroughbred cost?
You can expect to pay between $800-2,000 dollars for a horse from and horse rescue facility. If you get your horse directly from an owner, there will likely be no charge. They often give away horses to avoid the continuing costs of housing and feeding racehorses without the potential to earn money.
How much is a thoroughbred racehorse worth?
The cost of racehorses varies greatly depending on their pedigree and conformation. The average sales price of a racehorse is $76,612. The average price for a two-year-old thoroughbred in training is $94,247, and the average cost for a yearling is $84,722.
Are Ottbs good first horses?
While there are exceptions to every rule, an OTTB is usually not well suited to a beginner or even intermediate rider. This horse needs to not only be re-trained to develop into a safe riding horse but will also need to be un-trained in what he has come to learn is expected from him under saddle.
How much does it cost to adopt a retired racehorse?
The average purchase price or adoption fee for an OTTB was $1,985, but that number factors in the 31 percent of horses that were acquired for free. Removing those free horses from the equation puts the average price of an OTTB at $2,894.
How much is a Kentucky Derby horse worth?
There have only been three Kentucky Derby winners to sell at auction for $500,000 or more: Fusaichi Pegasus ($4,000,000), Winning Colors ($575,000), and Alysheba ($500,000). Despite the inflated auction prices of horses in the last 30+ years, most of the Derby winners sold since 1980 were bought for less than $50,000!
How do you buy an ex race horse?
Buying an ex-racehorse? Here’s what you need to know first
- Be realistic about your ability and experience.
- Understanding the lifestyle of a horse in training.
- Be patient.
- Where to look for your ex-racehorse.
- Look up the horse’s record.
- Ask to see it ridden and ride it yourself.
- Ask about the horse’s temperament.
- Get it vetted.
Are OTTB good horses?
In general, the breed has a strong competitive drive and can be people pleasers. Of course, every horse is different. These characteristics also make OTTBs ideal equine partners for a variety of riding disciplines and equestrian activities.
What is the highest price paid for a race horse?
Fusaichi Pegasus is the most expensive horse ever costing $70 million. Living up to the mythical, this Thoroughbred racehorse won the Kentucky Derby in 2000. He has career earnings of almost $2 million and sired of over 75 stakes winners worldwide. Considering his price, his offspring were considered a disappointment.