Those two questions crossed my mind this morning when I awoke to see that two of my juvenile sales tips of 2010 won back-to-back races at BusanKeyongnam racetrack, the first of them heading a "sales-tip exacta."
Fleeting Joy came home the winner by a length and a half in Race 2 at Busan Sunday, the 5/1 third choice in a field where the three top betting interests all came off my tip-list. He was followed home in second by fellow sales-tip and 9/2 Sniper King. The betting favorite, sales-tip Sand Hi at about 7/2, finished sixth, but beaten a grand total of about three and a quarter lengths. Since the online race charts at the Korean Racing Association's Web site don't include running lines or comments, I don't know whether he could make any excuses.
About 30 minutes later, two more sales-tips went to post in Busan's Race 3. In this one, Kidari Joe was the winner by a length and a half at about 11/2 odds over race-favorite Dave's Train, who was sent off at about 3/2. The fifth sales-tip to run in Korea on this day, Myeongpumtansaeng, finished last as the longest-shot on the board in Race 2, nearly 59/1. She was one of two fillies racing against nine colts and geldings.
Both races were Class 4 events for foreign-bred horses. Korean racing has no maiden races. Rather, a horse races among Class 4 company (either foreign-bred or domestic) until he has earned enough money to advance him to Class 3; sometimes it takes more than one win to accomplish, as it did for sales-tip Viva Ace, who finished second, first and first in three Class 4 efforts before promoting.
I recommended all five horses who ran on this day among 187 juveniles I selected on this blog from several of this year's 2-year-olds in training sales.
Fleeting Joy (Kitten's Joy-Speedy Sunrise, by Cherokee Run) is a dark bay or brown colt bred in Kentucky by Kenneth L. and Sarah K. Ramsey. He sold for only $7,500 to the Korean interests as Hip 476 at the Ocala Breeders' Sales Co. April auction of 2-year-olds in training. I recommended the colt out of the same female family as G1 winner SIBERIAN SUMMER, English champ juvenile filly PLAYFUL ACT and others, then was a bit stunned by the price he commanded. Perhaps something on the vet report troubled buyers?
"A $15K RNA as a yearling, he's by a pretty good sophomore sire, out of a $102K-earning dam, breezed a respectable 10.2, and still didn't bring any money," I wrote following the sales session.
He's done OK so far in Korea, winning in his fourth start and hitting the board in two others for $25,763. (Runner-up Sniper King has two seconds and a third from four starts for $15,187.)
Kidari Joe, a dark bay or brown colt by Tiznow-Trickle of Gold, by Formal Gold, sold later in the same auction, as Hip 595, for a lot more money -- and still only $20,000. That price surprised me a little, as well, considering he's the first registered foal out of a Grade 3-winning dam who was victorious in 10 of her 20 lifetime starts for $467,709.
He also breezed 10.2 His dam sold in November 2009 in foal to Henny Hughes for $40,000. He struck me as on the short side, but he's solid as a side of beef and has acquitted himself well among the sort of horses that populate foreign Class 4 in Korea -- a group that might be limited in talent vs. maiden special weights at a premier American track, but which also often includes 3- and 4-year-olds, leaving the juveniles at some disadvantage.
"About as cheap as you can imagine getting a Tiznow, especially from a dam who could run," I previously said of this one.
His earnings from three starts, including a second place, have reached $22,780.
The two maiden-breakers bring the total number of winners to 46. That's 24.6 percent of all selections and a pretty fair 41.1 percent of the 112 to have made at least one start thus far.
The group has won 63 of 409 combined starts, a strike rate of 15.4 percent, and with 75 seconds and 45 thirds, their in-the-money rate is 44.7 percent.
Combined earnings have reached $3,192,809. That's an average of $7,806 per start and $28,507 per starter.
Follow all 187 sales-picks -- and a few pans, two of whom are set to make their racing debuts today -- in the list at the end of this former post.