How much will this cost me? Upfront and then ongoing?
Firstly as an owner (or you and your fellow syndicate members) must consider how much you would like to spend. The initial purchase price of a greyhound can be anywhere between $2,000 and $10,000 AUD. Be prepared to pay around $95 per week (incl. GST) per greyhound from the time it begins rearing until it reaches racing age (this excludes any major vet bills). If the greyhound begins a racing career there will be no further ongoing fees (exluding major vet bills and any long term spelling) as you will enter into a 50/50 prize money split with the trainer.