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Veteran
Posts: 101
| When you are running someone else's horse and the horses wins a check how do you split the money?? 50/50? Percentage? Owners always get the awards.
Owner pays the entry fee.
Thanks!!
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 Uh....never mind
Posts: 2696
  
Location: Midwest Farmer's Daughter: Central Illinois | I always thought that it was fair to subtract the entry fee from the winnings & give it back to whoever paid it, then split the remainder 50/50.
Unless of course the winnings are less than the entry fee, then it all goes to who paid it. |
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 Shelter Dog Lover
Posts: 10277
| When mine were at the trainers I paid entry and checks were split 50/50. |
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Veteran
Posts: 101
| Thanks guys!! I really appreciate your opinion! Want it to be fair both ways! |
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 Elite Veteran
Posts: 825
| When I rode for someone else it was split 50/50 after entry fees for that class. The owner hauled, fed, and kept the horse exercised...I just jumped on at the shows.
As far as awards, depends on the person really. I won 2 saddles in the same year on said horse- owner kept one and I kept the other...granted that my horse had a hand in winning the one that I kept. |
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Veteran
Posts: 101
| Well I will add a little more! So what seems fair?
Horse is at my house, in my care.
I ride 4/5 days a week not incl races.
No paid training
Owner pays for hay and shoeing
So again, owner pays entry. I haul to the races.
We are trying to work out the money situation so it is fair. What does everyone do??
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 I keep my butt inside
Posts: 3281
Location: Weatherford, Texas | Is horse in training or is it more of a lease type thing? If in training then I could see that you could keep winnings as fair for training expenses. If it is more of a lease thing then subtract fees and split. Also- I would work out some contingency if the horse sells (if it is up for sale). For no training fees etc I think 20-30% of asking price. If lease then 10% if you set up the sale etc. |
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Veteran
Posts: 101
| cooper08 - 2013-12-11 5:31 PM
Is horse in training or is it more of a lease type thing? If in training then I could see that you could keep winnings as fair for training expenses. If it is more of a lease thing then subtract fees and split. Also- I would work out some contingency if the horse sells (if it is up for sale). For no training fees etc I think 20-30% of asking price. If lease then 10% if you set up the sale etc.
The mare is in training with me. I have had her about 8 months.
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Extreme Veteran
Posts: 410
| shining b bar - 2013-12-11 8:08 PM
cooper08 - 2013-12-11 5:31 PM
Is horse in training or is it more of a lease type thing? If in training then I could see that you could keep winnings as fair for training expenses. If it is more of a lease thing then subtract fees and split. Also- I would work out some contingency if the horse sells (if it is up for sale). For no training fees etc I think 20-30% of asking price. If lease then 10% if you set up the sale etc.
The mare is in training with me. I have had her about 8 months.
To me sounds more like a lease situation. If she is in training with you you should be getting paid monthly for training fees. |
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Veteran
Posts: 101
| RoadToVegas - 2013-12-11 8:42 PM
shining b bar - 2013-12-11 8:08 PM
cooper08 - 2013-12-11 5:31 PM
Is horse in training or is it more of a lease type thing? If in training then I could see that you could keep winnings as fair for training expenses. If it is more of a lease thing then subtract fees and split. Also- I would work out some contingency if the horse sells (if it is up for sale). For no training fees etc I think 20-30% of asking price. If lease then 10% if you set up the sale etc.
The mare is in training with me. I have had her about 8 months.
To me sounds more like a lease situation. If she is in training with you you should be getting paid monthly for training fees.
It is not a lease. She is a great friend of mine and we were going to sell the horse. After she ran in the futurity, the owner decided to keep her. |
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 Veteran
Posts: 197
Location: Jones, OK | Typically if you are just mounting out at a rodeo it is usually 15-25% mount money if you pull a check. It all just depends on what the owner and rider agree upon. |
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 Expert
Posts: 1432
Location: Never in one place long | When I used to let the girls I was training run some of my older horses, I always did 50/50 minus their entry fees... I was really nice considering they had no cost but the entries... I did require that they ride at least 4 days out of that week or they couldn't compete on them. I think that is important. Who really is carrying the risk though??? In my case, me the owner, I'd be the one to pay is something happened, feed costs, vet cost etc.... I did also require that they paid for their shoes/trimming, especially if they were the only ones running the horse! Why should I pay for the shoes for them to run?! |
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