Where in the owner's or trainer's business model is anyone making money? Every trainer at an "A" track tells me they are breaking even or making a few bucks on their daily rate. I say BS, but I won't argue. There are other line items to make money on. So they break even, whatever, but really make their money on the 5%.....OK. Not at Monticello! LOL. The only reason trainers take horses on deals is because they: a) can't find owners and/or make money the traditional way; b) because they are trying to dig out of a hole; c) because they think they can make a score and do better than the bill; d) it's the only way to make money. If neither is making money, unless you have an unlimited supply of it, you won't be long for the business.