It's called the sport of kings: thoroughbred racing. In the US last year, $10.7 billion was wagered on the sport, and $1.6 billion was handed out in prize money. But if you want to get in on the action, be ready to take a big gamble. Bidding on a yearling that has never been ridden could cost up to $3 million per horse! This year's Fasig-Tipton Saratoga Sale promises to bring millionaires and billionaires from around the world.
Cobra Farms owner Gary Biszantz on investing in thoroughbreds.
West Point Thoroughbreds president Terry Finley explains how small businesses all over the country can invest in a thoroughbred.
Celebrity chef Bobby Flay explains what he looks for when he buys a horse.
FBN’s Cheryl Casone at the Fasig-Tipton Saratoga Sale with celebrity chef Bobby Flay on horse sales.