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How To Join a Greyhound Racing Syndicate

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Greyhound racing is becoming more popular than ever. With attendances reaching three million and £2.5 billion wagered on races each year, it is no surprise that greyhound racing remains one of the UK’s most popular spectator sports. Owning a racing greyhound is a very exciting hobby but the cost of buying your own greyhound and then funding the kennel bills, veterinary costs and homing fees can become very expensive. However, being involved in a syndicate is not just about sharing costs … it is also about sharing the joy of winning.
Owning a greyhound as part of a syndicate is affordable and great fun - nothing beats the thrill of watching your own greyhound pass the winning line first – and should you be interested in starting out in the greyhound racing industry, the best way is to begin with a syndicate.
A syndicate is a group of three or more individuals owning shares in a greyhound being trained for racing, which enables all syndicate members to share the benefits and the costs associated with greyhound racing.
The people in the syndicate pool together funds to buy a greyhound and have it trained to race, with each person paying a share of the monthly bill. The syndicate gets all the fun and excitement of greyhound ownership, because whilst greyhound racing is cheaper than horse racing, it can still be a heavy financial burden if you get involved on your own.
Syndication also allows you to get involved in the excitement of greyhound racing without it hugely impacting on your life, because the trainer is responsible for the day to day management of your greyhound.
The Irish Greyhound Board, for example, have the resources and contacts in place to guide you successfully through the syndication process. Whether you would like to form a syndicate at work, with family members or just a group of friends – you’ll benefit from the knowledge of their expert facilitators on issues ranging from the initial purchase decision to trainer selection.
On the other hand, one of the most reputable, The Champagne Club, formed over 22 years ago and now grown to become one of the most successful syndicates and winning events like the St Leger with Bubbly Totti live on Sky TV. Each member receives an equal share of the prize money won after expenses have been deducted - and there are no hidden 'extras'.
There is a maximum of 100 shares issued for each Bubbly greyhound, with many of the shares purchased by existing members of The Champagne Club before the remainder go on offer to new members. All money raised from the sale of shares is used for the purchase, veterinary fees, training and ultimately the homing of each greyhound.
Members buying a share in a Bubbly greyhound receive a share certificate with a photograph, and are added to a database that sends a text every time your greyhound is racing - with details of the track, time, trap and most importantly what the trainer thinks of its chances of winning. You can also walk your dog at the kennels any Sunday morning. On regular occasions the Club has hospitality nights at various tracks where you can meet fellow members. Check out their website and see what’s on offer and how a good syndicate should be run.
Remember, if you decide to start your own syndicate, you will be responsible for the greyhound when it reaches the end of its short racing career, or is retired due to injury.
Also be prepared for other members not paying their monthly bills if the greyhound is injured and there are hefty kennel bills to be settled.
Greyhound racing provides an opportunity to meet with friends, new associates and fellow enthusiasts in a fun, entertaining and social atmosphere. You may even get up on the winners podium! At the end of the day, however, the greyhound’s welfare is paramount and a great deal of thought should be given to this before deciding to set up a private syndicate.
Ask for syndicate details at your local track from the racing manager.
Never buy a greyhound without having professional advice
Always check out a trainer before putting your greyhound into training
Not all greyhound trainers have a responsible attitude to their charges and you should ensure that the kennel has a proveable policy of re-homing retired greyhounds.
Be wary of a trainer that will not allow you to visit the kennels


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