MUST-READ article on Jacobson and others

MUST-READ article on Jacobson and others

Postby second_glance » Thu Jan 09, 2014 4:07 pm

Steve Zorn, based in NY, is very savvy about the business of racing, especially in NY. Perturbed by recent events involving Jacobson in particular, he did some investigating and discovered that the Jacobson-Drawing Away Stable partnership arrangement is such that Jacobson actually often profits from those seemingly nonsensical claim drops and frequent racing. Specifically, he does not get a day rate from DAS, instead he gets as much as 65% of any purse. Nothing illegal about this, BTW.

Steve also writes more broadly about the issue of TB aftercare and the problems his partnership has encountered trying to track former horses.

http://businessofracing.blogspot.com/
second_glance
 
Posts: 2524
Joined: Mon Sep 16, 2013 10:42 am

Re: MUST-READ article on Jacobson and others

Postby Lakeway » Thu Jan 09, 2014 4:38 pm

second_glance wrote:Steve Zorn, based in NY, is very savvy about the business of racing, especially in NY. Perturbed by recent events involving Jacobson in particular, he did some investigating and discovered that the Jacobson-Drawing Away Stable partnership arrangement is such that Jacobson actually often profits from those seemingly nonsensical claim drops and frequent racing. Specifically, he does not get a day rate from DAS, instead he gets as much as 65% of any purse. Nothing illegal about this, BTW.

Steve also writes more broadly about the issue of TB aftercare and the problems his partnership has encountered trying to track former horses.

http://businessofracing.blogspot.com/


Thanks so much for posting this s_g. Uncle Smokey's death was very upsetting at the time, and even more so after someone posted his recent race record. Now even more upsetting to read in this blog that "According to some who were at the track that day, Uncle Smokey was definitely sending signals that he didn't want to race".
Lakeway
 
Posts: 335
Joined: Thu Sep 12, 2013 8:00 pm

Re: MUST-READ article on Jacobson and others

Postby 8596wool » Thu Jan 09, 2014 7:12 pm

second_glance wrote:Steve Zorn, based in NY, is very savvy about the business of racing, especially in NY. Perturbed by recent events involving Jacobson in particular, he did some investigating and discovered that the Jacobson-Drawing Away Stable partnership arrangement is such that Jacobson actually often profits from those seemingly nonsensical claim drops and frequent racing. Specifically, he does not get a day rate from DAS, instead he gets as much as 65% of any purse. Nothing illegal about this, BTW.

Steve also writes more broadly about the issue of TB aftercare and the problems his partnership has encountered trying to track former horses.

http://businessofracing.blogspot.com/



I think Drawing Away Stable IS David Jacobsen. IMO, whomever "allegedly comprise" Drawing Away Stable are likely phantom owners...on paper..relatives and "friends"of Jacobsen who get "some benefit"...maybe tax breaks or free parking and access to backstretch. Maybe some cash. Wasn't Jacobsen's father mob-connected? Either way, Jacobsen answers to no owner except himself.

Just shows what NYRA is all about. Dutrow who rarely had a horse breaksdown or NEVER founf for slaughter is banned becaude some politico on the NYRA committee hated him. Jacobsen who is the most amoral,immoral trainer of all merrily fills NYRA's races and destroys horses like there trash. At least Penn Nat'l got rid of Gill. NYRA...perceives themselves at as premier track... only once you scrape the surface NYRA is as rancid and rotten as that qtr horse track in New Mexico.
8596wool
 
Posts: 96
Joined: Fri Sep 13, 2013 8:20 pm

Re: MUST-READ article on Jacobson and others

Postby second_glance » Thu Jan 09, 2014 7:51 pm

8596wool wrote:
second_glance wrote:Steve Zorn, based in NY, is very savvy about the business of racing, especially in NY. Perturbed by recent events involving Jacobson in particular, he did some investigating and discovered that the Jacobson-Drawing Away Stable partnership arrangement is such that Jacobson actually often profits from those seemingly nonsensical claim drops and frequent racing. Specifically, he does not get a day rate from DAS, instead he gets as much as 65% of any purse. Nothing illegal about this, BTW.

Steve also writes more broadly about the issue of TB aftercare and the problems his partnership has encountered trying to track former horses.

http://businessofracing.blogspot.com/



I think Drawing Away Stable IS David Jacobsen. IMO, whomever "allegedly comprise" Drawing Away Stable are likely phantom owners...on paper..relatives and "friends"of Jacobsen who get "some benefit"...maybe tax breaks or free parking and access to backstretch. Maybe some cash. Wasn't Jacobsen's father mob-connected? Either way, Jacobsen answers to no owner except himself.

Just shows what NYRA is all about. Dutrow who rarely had a horse breaksdown or NEVER founf for slaughter is banned becaude some politico on the NYRA committee hated him. Jacobsen who is the most amoral,immoral trainer of all merrily fills NYRA's races and destroys horses like there trash. At least Penn Nat'l got rid of Gill. NYRA...perceives themselves at as premier track... only once you scrape the surface NYRA is as rancid and rotten as that qtr horse track in New Mexico.


No, I'm pretty sure the stable is real enough. Various members are on FB; many seem to be pretty serious bettors. Some are speaking up in his defense, many are quiet. What does often happen is that Jacobson is a co-owner with DAS. Anyway, I don't really see why he'd need a paper partnership, if he's not charging a day rate.
second_glance
 
Posts: 2524
Joined: Mon Sep 16, 2013 10:42 am

Re: MUST-READ article on Jacobson and others

Postby 8596wool » Thu Jan 09, 2014 8:18 pm

You're right. Just looked at the facebook page. Now I got it. The DAS syndicate is a low-end operation...for ex.,$500.00 you can say "you own a racehorse". Jacobsen has "50 syndicate owners of one horse".

I became physically ill looking at those DAS racers...many who are now dead,
8596wool
 
Posts: 96
Joined: Fri Sep 13, 2013 8:20 pm

Re: MUST-READ article on Jacobson and others

Postby second_glance » Thu Jan 09, 2014 9:23 pm

8596wool wrote:You're right. Just looked at the facebook page. Now I got it. The DAS syndicate is a low-end operation...for ex.,$500.00 you can say "you own a racehorse". Jacobsen has "50 syndicate owners of one horse".

I became physically ill looking at those DAS racers...many who are now dead,


Wish I had the time to do with his operation as I once did with Michael Gill's -- follow every horse, including the first couple of starts for horses claimed away from Gill, as well as noting horses that had to go off track for some time after being claimed from him. My impression is that Jacobson doesn't have a breakdown rate noticeably higher than other trainers running claiming horses, but there may be a statistically significant number of horses that break down rather soon after leaving his stable.
second_glance
 
Posts: 2524
Joined: Mon Sep 16, 2013 10:42 am

Re: MUST-READ article on Jacobson and others

Postby 8596wool » Thu Jan 09, 2014 10:59 pm

Jacobsen runs the most horses of any trainer at nyra. So, statistically he probably has a breakdown rate comparable to the rest of the claiming trainers. Doesn't tell the Jacobsen story accurately as you know. He sends the "walking dead" to the hinterlands to die if they make it around the track in their last race for him....

Jacobsen's wining rate was 25% before monitors and cameras were in his barn last spring for 30 days....and 4% after. That is FACT. Jacobsen and NYRA made a deal...Jacobsen would fill those claiming races at NYRA and (win them all) and nyra stayed out of his way after they found " no wrongdoing after the 30day surveilance of Jacobsen's barn(s). Those new nyra execs are so far removed from the actual racing event ...they are likely incompetent in this area.

The reputable ny trainers( an oxymoron?) go to FL in the winter and form "committees" to study how to retrain race horses.
They must "suspect" Jacobsen is running those poor horses on more than 'hay,oats and water. Jacobsen routinely races his stock back on 3/4/5 days between races, drops them to win and so on till they literally drop dead.

I handicap(ed) and (used to) bet nyra almost daily for the past 15 years. I have been "watching" DAS since Jacobsen got back from his 25 year ban...so this expose on the Toque tale is par for Jacobsen. My pals at my local OTB know "I NEVER bet a Jacobsen horse...that is why I'll never be a "successful" handicapper...

NYRA looked the other way when Paragallo's horses were found on slaughter trucks and auctions. Looked the other way when Paragallo's farm was seized by authorities . Only banned Paragallo was he was indicted by a Columbia County grand jury. Looks like Jacobson is fire-proof at NYRA. Must have "pictures" of someone.
8596wool
 
Posts: 96
Joined: Fri Sep 13, 2013 8:20 pm

Re: MUST-READ article on Jacobson and others

Postby Sparrow Castle » Fri Jan 10, 2014 12:14 am

second_glance wrote:
8596wool wrote:You're right. Just looked at the facebook page. Now I got it. The DAS syndicate is a low-end operation...for ex.,$500.00 you can say "you own a racehorse". Jacobsen has "50 syndicate owners of one horse".

I became physically ill looking at those DAS racers...many who are now dead,


Wish I had the time to do with his operation as I once did with Michael Gill's -- follow every horse, including the first couple of starts for horses claimed away from Gill, as well as noting horses that had to go off track for some time after being claimed from him. My impression is that Jacobson doesn't have a breakdown rate noticeably higher than other trainers running claiming horses, but there may be a statistically significant number of horses that break down rather soon after leaving his stable.


Wish I had more time too, but I do have some of his claimers in my stable, such as Be Bullish 9 year old gelding he's claimed more than once. Today I added Birdsofafeather, 3 year old filly with 3 starts that he claimed today from Jason Servis.

I don't know about his breakdown rate compared to other claiming trainers, but looking at the NYS incident database, there's a lot of deaths under his watch since 2009. There used to be someone on the web who kept track of these stats by trainer. I'll google a bit and see if it's still active and I can find it. http://breakdown.gaming.ny.gov/searchbreakdown.trainer.php?ID=142912

Thanks for the info, 8596wool. I too am concerned.
User avatar
Sparrow Castle
 
Posts: 4667
Joined: Wed Sep 18, 2013 6:44 pm

Re: MUST-READ article on Jacobson and others

Postby serenassong » Fri Jan 10, 2014 10:04 am

Granted, this horse has a lot of issues and layoff lines- but Grand Rapport was a gate scratch yesterday as the favorite in race 1, and he just raced a week before that. Vet/Jock must have seen/felt something was amiss- I'm going to keep more of an eye out on these runners, thanks for the heads up.
"I reject your reality, and substitute my own!"- Mythbusters
"Oh, What fresh Hell is this?!"- Sheldon Cooper(quoted from Dorothy Parker)- Big Bang Theory
"Sometimes I think he's the King of Stupid" - Old Man- Pawn Stars
User avatar
serenassong
 
Posts: 4697
Joined: Fri Sep 13, 2013 4:36 pm
Location: Connecticut

Re: MUST-READ article on Jacobson and others

Postby Catalina » Fri Jan 10, 2014 12:31 pm

second_glance wrote:
8596wool wrote:You're right. Just looked at the facebook page. Now I got it. The DAS syndicate is a low-end operation...for ex.,$500.00 you can say "you own a racehorse". Jacobsen has "50 syndicate owners of one horse".

I became physically ill looking at those DAS racers...many who are now dead,


Wish I had the time to do with his operation as I once did with Michael Gill's -- follow every horse, including the first couple of starts for horses claimed away from Gill, as well as noting horses that had to go off track for some time after being claimed from him. My impression is that Jacobson doesn't have a breakdown rate noticeably higher than other trainers running claiming horses, but there may be a statistically significant number of horses that break down rather soon after leaving his stable.


Would it help if I were to assemble (from Equibase) a list of his entries/runners/race dates/tracks/results, and who claimed the horses away from him? Collecting this going forward shouldn't be that involved. Going back would be another matter. I could probably devote an hour a day to the project, discounting the few occasions of longer out-of-town trips.
Catalina
 
Posts: 3160
Joined: Fri Sep 13, 2013 5:08 pm
Location: South Texas

Next

Return to Rescue/Adoptions

Who is online

Users browsing this forum: No registered users and 1 guest

cron