Dick Jerardi – Racing Economics with Butch Reid
Butch Reid has been training horses since 1985. Like so many of his brethren, he led the life of a gypsy, going from track to track depending on the season and the horses in his barn. He has won 729 races with purse earning for his owners of $22.2 million, nice numbers but, once you start factoring in all the expenses, nothing that is going to make anybody rich. When he heard a casino was coming to Parx, not all that far from where he grew up in South Jersey, he said “I decided I might beat the gate and get here as