How to own a racehorse without breaking the bank

(CNN)Want to become a racehorse owner but don’t want to break the bank?

The “Sport of Kings” may be dominated by royalty, rock stars, celebrities and tycoons, but for racing fans with more moderate cash reserves there are several cost-effective ways to buy into the sport.
There is, though, one caveat: just like with any investment, pouring your money into owning a thoroughbred racehorse comes with a certain degree of risk.

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