Delaware Horse Industry Guest Lecture

The Delaware horse racing industry is near and dear to my heart so I was very interested in the Horse Racing industry lecture by Mark Davis. To me the most interesting thing was part was that the drivers only make 5%. I personally have a friend that is a drives horse at dover downs, Harrington, Rosecroft and ocean downs and learning that he only makes 5% of the winnings was an eye opener. The fact that 46% of people who own horse have an income between $25,000 and $75,000 really amazes me. I fall into this category but it still surprises me that so many people who own horses fall into this category especially since most people own more than one. Knowing the cost of feed and upkeep its surprising how many people can afford to keep horses in that salary range. It was even more shocking was the statistic that less people own horse with an income of over 100,000 a year than the number of people who own horse who make less than $50,000 annually.

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