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If you love horse racing and want to get involved in some capacity without having to buy a hugely expensive racehorse (or if you’re too tall to become a jockey), horse syndication is perhaps the next best thing. In essence, horse syndication is related to the buying and selling of shares related to a specific racehorse. There’s a lot more to it, though, so in this article we take a look at what is involved in relation to this share ownership and what the responsibilities of a share owner are. 

Horse syndication and horse shares

If you’re interested in getting more involved in horse racing, finding horse shares for sale will help you have part-ownership of a horse. When it comes to owning these shares in a syndicate, the syndicator works to find an appropriate horse, its owners and then arranges the admin, such as paperwork and transfer of ownership. Due to the differences between syndicates and partnerships, the Australian Securities and Investments Commission oversees and governs all horse syndicates to ensure that platforms offering shares in horses abide by the strict regulations in place. What are these platforms then, you might ask? Online syndicate platforms are services that allow prospective horse investors to browse through horse database to find what is currently for sale. This information can then be used to contact syndicators or to simply register any interest in a specific horse that is available on the website. In these instances, it’s important that you opt for a syndicate platform that only offers horses offered by Australian registered Syndicators or authorised representatives to ensure validity. 

Syndicates versus partnerships

Although they might sound similar on paper, there are differences between partnerships and syndicates when it comes to horse ownership. Those involved in a partnership will register a share in a horse under their own name/s, with the first person evident in the registration being assigned the role of manager, meaning they must take charge of the horse-related administration. A syndicate, on the other hand, is comprised of up to 20 people registered under a syndicate name (rather than their own names), with the manager of the syndicate response for the same duties as the manager in a partnership. Because the price of a thoroughbred racehorse can range from a few thousand dollars to over a million dollars, the initial share price can similarly vary. The price itself is made up of a few elements that dictate this price, and include things like the initial purchase price, animal veterinary inspections, venue transport and housing, fees related to any training needs and even things like advertising and promotional material.

Looking to get into horse ownership?

If you’ve long been a huge fan of horses but the steep price of ownership always scared you off, investing in horse shares is a much better way of going about it. If you’re a bit unsure of where to go from here, by looking through the syndicate platforms online you can get a much better idea of the asking price of these shares and what the best point of entry may be. Then you’ll have a real reason to get passionate at the track next time you drop by!

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Anyone who ever owned a horse knows how special these amazing creatures are and how unique each one is. Horses exist alongside humans and communicate and work with us, and these are abilities that few other animals possess to such a degree.

One fascinating feature of horses is the way they can learn to control each of their four limbs separately, allowing them to perform a wide variety of gaits, both natural and learned.

Natural gaits

There are certain natural gaits that most horses are capable of from birth. The natural horse gaits are the walk, the trot, the canter, and the gallop. There are variations within these rhythms, but in general all natural gaits fall into one of these categories.

Walk: The walk is the horse’s slowest gait. Each of the legs moves independently. Most horses lead out with the right front leg, but this is not universally true.

Trot or jog: While the walk is a four-gait beat, the trot is two beats. The front and back legs on opposing sides move together in a quick, smooth motion. Some people differentiate between the trot and jog, as the jog is a bit slower, but in general they are the same movement.

Canter: When a horse canters, it moves in a three-beat gait. One pair of feet — the front and back on opposing sides — will move at the same time. The other two feet strike the ground independently. This gentle, loping stride is typically comfortable to ride and lets the horse and rider travel long distances at a slightly higher speed.

Gallop: This fastest of all the horse gaits can sometimes appear to be a fast canter, but in reality it is a four-beat gait like the walk.

Unique gaits

Because horses are so versatile and can move all their limbs together or independently, they are capable of learning unique gaits. About 30 breeds have distinct gaits of their own. Although these movements are frequently referred to as “artificial gaits”, most of them are quite natural to the breeds who can perform them. Some horses can be taught artificial gaits for the purposes of sport or show.

Running walk: This movement is similar to an ordinary walk. It is a four-beat gait, but it is faster than a walk. The back hoof oversteps the front in a way that makes the horse appear to be gliding. The Tennessee Walking Horse has the most famous example of this gait.

Tölt or largo: There are several horses which display this type of gait, most famously the Icelandic horse and the Colombian Paso Fino. This gait also has much in common with the walk, but can be performed at very high speeds.

Slow gait: This is a popular show gait where both feet on the same side of the horse leave the ground simultaneously but land at different moments. This gives the horse’s movement a broken look. Also known called the “stepping pace,” this gait is often seen in American Saddlebred horses.

Pace: This unusual gait sees both feet on each side hitting the ground simultaneously, as if the horse was split in half. The gait appears smooth, and there is a moment when all four limbs are off the ground. Some horses even run at this gait, jumping from side to side. Horse breeds that like to pace include the Tennessee Walkers and the Icelandic horse.

Like humans, horse individuals walk in their own ways, with varying stride lengths or with toes pointed in or out. Genetics also factor into it, as recent studies linked specific genes to a strong preference for artificial gaits. Some gaits are far more enjoyable for the human rider than others, but all are part of the unique partnership that humans and horses have developed.