Horse Racing Profits Revealed

Dyana and her fans in the winner's circle after her first race June 15, 2021 at Belterra Park in Cincinnati.

I often hear that horse racing is unethical because it's all about money and making people rich, so I thought I'd do a fully transparent deep dive into the 2021 finances for Lady Dyanaformer to expose the real profits of horse racing.

For starters, it's important to point out that Dyana ran her first ever races in 2021, so it also was her first chance at making any money. There were obviously expenses in the years since she was born in 2018 that increased when she went into full-time training in June of 2020, but I'm only going to share the expenses from 2021 to show a full calendar year profit and loss.

Additionally, it's important to note that Dyana finished 2021 with a Starts Percentile Ranking (SPR) of 87. Dyana's SPR of 87 means her average earnings per start were greater than 87% of ALL 3-year-old Thoroughbred fillies in North America registered with The Jockey Club who raced in 2021. To calculate a horse's SPR, the horse's average earnings per start are compared to the average earnings per start of like horses (i.e. same sex, age and year(s) record). That means only 13% of 3-year-old female horses in North America earned more per race than Dyana in 2021 with the other 87% earning less per race.

Certainly we got very rich in 2021 having such a talented filly, so, here are the numbers....

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