What are horse racing syndicates, and how do they work?

A syndicate is an agreement between a group of people who pool their money to buy a share in a horse. They can do this by becoming owners, or ‘part-owners’, of the animal and receiving a portion of its earnings when it wins races.

Syndicates are a great way for budding racehorse owners to get involved in the sport without having to find thousands of pounds upfront, which many people don’t have spare cash lying around for such things.

If you’re thinking about joining one, here’s what you need to know:

The benefits of horse racing syndicates

Remember that it’s not just about the thrill of the race. You get to be part of a team, and you could win some money along with it.

It’s also worth looking at all the other reasons why horse racing syndicates are so attractive to bettors. Becoming involved in this kind of group will help you make friends and learn more about horses, racing and betting – all things that can only enhance your enjoyment when watching races on TV or going for afternoon tea at Ascot!