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Let’s Get Racing 2018

‘Your New Best Friend’ 

A guide to becoming a member of a greyhound syndicate in Ireland

 

Facts about greyhounds

Fancy owning a 40mph couch potato?!

  • Gentle and peaceful, greyhounds make wonderful family pets. They love to laze about, particularly on comfy couches (like all of us!) and need very little exercising.
  • Greyhounds can be traced back to 3000BC and Ancient Egypt.
  • The greyhound is the only breed of dog mentioned in the Bible: “A greyhound; a he goat also; and a king, against whom there is no rising up.” – Proverbs 30: 29-31
  • There are about 30 recognised colour forms to be found in greyhounds.
  • The greyhound is so ingrained in Irish life that its image featured on the old sixpence coin.
  • Greyhounds are the most regulated canine breed in Ireland. They’re the only breed with their own legislation – the Welfare of Greyhounds Act 2011.

 

Introduction to becoming part of a syndicate

Look a greyhound racing a little bit differently

Have you visited the dogs and loved the buzz of the night? Do you enjoy the greyhound you’ve picked being first past the post? Felt like getting more involved?

There’s nothing like watching a dog you - or a group you’re a part of – own. And getting involved is easier than you think!

 The IGB’s Syndication Programme covers all the bases for you and makes greyhound ownership a rewarding and thrilling experience for all involved.

Whether you’re on your own or involved with family, friends, colleagues, you’ll benefit from expert advice on a whole range of issues, from the purchase of the greyhound, selecting the trainer and how to get the very best from your dog.

 

How can I get involved?

A small price to pay – give a little, get a lot

Buying and training a greyhound is not as expensive or as difficult as you might think. A syndicate of five people, for example, could invest €1,000 for a promising young greyhound, making the once-off cost of €200 per member. During the dog’s training programme, the ongoing commitment could be as low as €15 per week.

In return, you get a share of any prize money, all the emotion of greyhound racing meetings and a reason to celebrate if your dog crosses the line first!

 

Who do I speak to?

We are with you all the way

Whether your budget is high, low, or anything in between, the IGB’s Syndication Programme will put you in touch with breeders and trainers, giving you the opportunity to get the best greyhound to suit your syndicate.

The IGB also run regular Greyhound Sales, allowing you to see your potential greyhound perform. We are always available to answer any queries that you may have too!

 

Your greyhound’s performance

Like a fine wine, improving with age

Like any athlete, greyhounds need nurturing and developing before they can fulfil their potential on the track. This will certainly be the case if you and your syndicate decide to invest in a pup or an unraced greyhound.

Greyhounds usually reach their peak at around the age of two and a half years old (as a general rule of thumb). The greyhound’s trainer will know the dog’s form, personality and temperament best and will be able to guide you more accurately on what to expect at each stage of your greyhound’s career.

Young dogs starting out are likely to improve with age, while some experience and maintain their form for longer than others. It’s all part of the thrill of being a greyhound owner!

 

Page 6: It’s a good time to get involved

The Irish greyhound industry is looking forward to an optimistic and bright future. The IGB has been allocated €16.8 million in total for 2019, which will help continue the implementation of its Strategic Plan 2018-2022. This extra funding will be targeted at a range of initiatives including increased investment in stadia, wider marketing and actions to further enhance greyhound welfare.

Over 514,000 people visited Irish greyhound tracks last year, which is around 10% of the country’s population. These people are attracted by quality restaurants and bars and corporate entertainment facilities, in addition to the excitement of the racing itself.

And we want YOU to get involved!

 

FAQ’s

  • How much does a greyhound cost?

This can depend on a number of factors. However, average costs are between €3,000 and €10,000. The IGB’s Syndication Programme can either put you in direct contact with an owner or buy on your behalf.

  • How much does a greyhound’s upkeep cost?

Again, this can vary, but it is generally around €50 or €60 a week. Small costs such as race entry fees can be added too.

  • Is there a limit to the amount of people who can be involved in a syndicate?

No. However, 20 is the recommended limit by the IGB as administering a syndicate any larger can be difficult.

  • Can I opt out of the syndicate at some stage, if I want to?

A greyhound syndicate is considered a partnership. In business, a partnership agreement is drafted when a partnership is formed. This usually says that, upon leaving, a member must sell their share of the greyhound to existing syndicate members for the same price they originally paid for it.

  • How often can a greyhound race?

The frequency of a dog’s races will depend on the best interests of their welfare first and foremost.

  • How long is a greyhound’s racing career?

Greyhounds begin racing from about 12-18 months and generally continue racing until around four years of ages. However, some greyhounds have been known to remain in racing longer. Again, this depends on the best interests of the dog’s general welfare.

  • Who looks after the greyhound?

A trainer in the area where the dog is most likely to do its racing.

  • Who names the greyhound?

The syndicate itself can name the greyhound. If the greyhound is already named, the syndicate can change the name if it so wishes. IGB guidelines must be adhered to during this process.

  • What happens if the greyhound gets injured?

Most injuries are treatable. A track vet attends all race meetings and sales trials to ensure that appropriate care is provided to injured greyhounds. However, on occasion, it may be more suitable to keep the dog as a pet or to consider breeding the dog.