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In this Discussion
- bluchrystals August 2020
- bravo25 August 2020
- CheshireFarms August 2020
- ConfluenceStable August 2020
- CrowsnestRidge August 2020
- DarkFrost August 2020
- Herzeloyde August 2020
- Mistylynn91 August 2020
- pinkie August 2020
- stardustgirl August 2020
- Xzeina August 2020
Who's Online (3)
- Corvus 2:13PM
- GoldenSpur 2:14PM
- Haystack 2:14PM
Tips & Tricks for Selling Your Horses
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Introduction
Greetings! My name is Cheshire Farms, and I consider myself still to be a newbie player (I'm only on my 3rd season right now). And as a newbie, I've made lots of mistakes when it comes to breeding, selling, and purchasing my horses. Because I don't want players to regret making the same mistakes, I like to message them when I see it happen. One of the most common things I see are horses that are underpriced for sale or for breeding.
My goal for this thread is to eventually have a comprehensive guide on “How to Price Your Horses.” But because I only have experience with some colors, I’m looking for community contribution, so we can help other players.
I welcome all comments and suggestions, this should be a positive thread to kick off future discussion.
If you have a pricing formula or suggestion for pricing other colors, please contribute it below. This game has been around for a long time now, and there are tons of colors and pattern genes to play with.
The first section of this thread will be in general, however the other sections of the thread will be based on my experience with my DFP1 breeding line, and how I came to value them. I realize this doesn’t directly translate to other Genes, but that is where your feedback and examples will come in handy. Overtime I hope to add your contributions to this thread, in the posts below.Table of Contents
What to Look At
*New Players Read This Before Selling* Pricing Based on Lifetime Payout
Understanding the Real Dollar Value of your Horse
Taking the Market into Consideration
Advertising Breeding Services
Selling My Horses
Be Careful Pricing Foals
The Cost of Breeding This Horse
Market Your Horse
Where Do We Go From Here?Post edited by CheshireFarms at 2020-08-16 12:30:00 -
WHAT TO LOOK AT
Pedigree
While not every player feels this way, many like to breed horses that have even generations on both sides of their pedigree. Some players also like to keep it within the same Body Type (ex. Ponies). Based on the current trends, an Even Pedigree is valued more than an uneven one.
If you scroll to the bottom of the Pedigree, you will see if this horse had any offspring. This is important to the seller because a horse that has bred already can not be Genetically Modified. In addition to this, you can look at the quality of foals a horse has been producing.
Some might favor an unbred horse, while others might favor a proven breeder. While neither garners more value than the other, I like to market them in a way that highlights this feature. I used the Owner Notes to keep track of the best offspring from that season, that way people looking to buy can see they are a proven producer of quality horses.
Records
Records work in 2 ways. They can tell you what price you purchased your horse for if you are going to sell, and they can show you what other people paid before you purchase a horse. This is important to establish a history of value. Using the Search Tool, you can look up Specific colors, or Somatic Tattoos and check the sales history of similar horses. Records only show you sale history, but not breeding fees. Not only does this help you from being overcharged, but it also helps establish a market value for a horse you might want to sell.
Control Panel
The control panel is where you will do all your Testing as well as set Fees for Breeding and Selling. This is also where you can place Owners notes for other people to publicly read. (See Below)
Age
If the horse is too young to breed, the buyer might not want to spend so much, due to waiting for their investment to mature. And if the horse is too old, they get less breedings out of them, and run the risk of dying off at a certain age. We’ll discuss pricing young horses more later in this thread.
Since age has no factor in the horses ability to pass on their traits, a young horse of breeding age should be considered more valuable than an older horse. Additionally the older horse is more likely to have been bred regularly, and you may encounter their name in many pedigrees depending on the breeding program. A younger horse has been on the market for less time, and may be a better fit if you are establishing a breeding program.
Daily Payout
Every horse you have contributes a little towards your Daily Payout. Some players look at this, but it’s really more of a slow return on your investment. Horses that have been showing longer, have earned more points, and typically have a larger Daily Payout. For more information on this see here: https://www.huntandjump.com/forum/discussion/31645/basic-information-for-new-players/p1
For more information on Pricing based on Lifetime Payout, see here: https://www.huntandjump.com/forum/discussion/comment/219553#Comment_219553
Testing Scores
Test all your horses. Not only will it tell you how your breeding program is going, but it also puts the buyer at ease knowing you did all your testing and produced a horse that will not be gelded. Buyers beware of purchasing horses that have not been tested.
Buyers beware of purchasing horses that have not been tested.
Strict Breeding Advice is only available on Premium Accounts, the test holds the offspring to a higher standard than Breeding Advice. Horses that have passed SBA and are ranked Superior when doing a Comparison test should always be considered more valuable than horses that have not been SBA tested.
Owners Notes
Owners notes are a great tool to take advantage of. On your horses Profile Page, under the Control Panel tab, there is a button that says "Edit Notes". These notes will show up on your horse's profile page, and come in handy when you want a pass along a message about your horse or breeding program. If your horse passed Strict Breeding Advice, put it in the notes. If your horse tested Superior to their Sire or Dam, put it in the notes. If your horse was the best foal of their Sires season, PUT. IT. IN. THE. NOTES. Notes are there to help market your horse.
Somatic Tattoos
Most horses come with Tattoos, some are game generated, and some are Player Made. Tattoos can also show you if any of the genes were modified.
Here is a list of all Game Generated Somatic Tattoos. These are called Rank Special Herd Helpers.
To find this list again without the link, it is under the My Stable Section. Click “Member Home” and scroll down to “Account and Stable Management” then select “My Herd Helper Collection”.
Everyone of these Herd Helpers can be searched by copying the name, and pasting it in the “Tattoo Name” box of the Search Tool. Why would you want to search for this? Well each Herd Helper has a different combination of genes, or breeding & showing qualities that you might find useful for the foundation of your breeding program.
Each Herd Helper is on a Foundation horse, and as a Foundation horse, some of them give you better breeding bonuses than others. These are the Basic foundation types for breeding and are ranked as follows.
Top Notch Producers: All horses have 100% breeding ability. They will be great sires and dams.
Perfect Foundations: All horses will have 100% training ability, 100% breeding ability, and perfect consistency. They will be great at showing and producing foals.
Exceptional Producers: These horses will be exceptionally good parents compared to other foundations. They will have greater than 100% breeding ability.
Exceptionally Perfect: Not just perfect, but exceptionally perfect. These horses can train higher and produce better offspring than normal creates. They will have greater than 100% breeding ability and greater than 100% training ability. They also will have perfect consistency.
Exceptionally Perfect foundation horses are considered more ideal for their ability to pass on breeding & showing bonuses. However they show up in a more limited range of genetics than the other Herd Helpers, so they are often used as a starting horse for Genetic Modification.
I value an Exceptionally Perfect horse at a higher level than an Exceptional Producer because of their Perfect Consistency and 10.4 PT. When bred together, they often produce Consistent offspring with higher PT.
Genetically Modified Horses
Players have the ability to modify the genes of unbred horses. Some genes are basic and common, while others are more Rare, or Limited Edition. The horse's ability to pass on these genes is going to influence their value. A horse with 2 copies of the same gene will always pass 1 copy along to the offspring, this is called a Color Guarantee.Post edited by CheshireFarms at 2020-08-16 12:50:13Thanked by 1ChateauAlbere -
UNDERSTANDING THE REAL DOLLAR VALUE OF YOUR HORSE(using DFP1 as an example)
Back in June, Ammit released the new Limited Edition Dun Factory Promoter gene for $15.00 USD each. This gene was only available as a Limited Edition and can not be purchased through the normal Gene Mod Treatment action.
I'm currently breeding my 3rd season of DFP1 horses. Because of my experience with this gene, and working with fellow breeders on these lines, I have chosen to use it as an example for this article.
Dun Factor Promoter is Reliant on at Least 3 Things
2 Copies of the DPF1 Gene
1 Copy of Dun (D not nd1)
Other genes don't seem to influence it at this time. I thought Sooty or DP would help to make the markings more pigmented, but it seems like they have a max expression in the game at the time of writing this.
The Cost to Purchase DPF1
Because Dun Factor needs 2 copies of the gene, and at least 1 copy of Dun, it would have cost you at least $30 USD back in June. That is $30 USD of your hard earned money, and possibly 1 GMT if your horse doesn't already have Dun. And while some genes can be purchased by converting your HB's into IV's and then trading them in for GMT's, you can't do that with this gene at the moment.
What is the HB Value per $1 USD
As of August 2020, the current conversion rate is $100,000 hb’s = $1 USD
This conversion rate takes into consideration a number of Limited Edition Genes which can only be purchased during Special Events or at random from the Roving Gene Sale.
That means my homozygous DFP1 horse would be valued at $3,000,000 hb’s. As a new player in this market, you won’t be able to afford to purchase that horse, and very few players would be willing to spend that much money on buying him unless everything fit perfectly into their breeding program. The chances of you seeing a positive return on your investment? Maybe by the end of the horse's lifetime, depending on how marketable the offspring are, what the breeding fees work out to be, and if you can keep the market from being saturated.
But There Is Hope
The main reason I would have a hard time getting a return on my $3 MILL investment, is because other players (including myself) undervalue their horses. Established players have a show herd of geldings that sit in the stables and just turn out tons of money for them every day. But as a new player, with all the mistakes we make, and the learning curve to this game, it can be a struggle to even earn $2,500 every day. And you spend your time investing even more money then you see returned. But if you think of your HB’s as real tangible money that you work hard for, how much value does $30 USD have to you? How many hours did you have to work to earn that? Or how many chores did you have to complete? Now that $3,000,000 hb horse might have a different value.
Is This Conversion Right For You?
$100,000 hb’s may seem a little steep depending on the color(s) you are looking to buy. Some colors can be purchased in the Gene Mod Treatment lab, and others only show up during a Roving Gene Sale. Some colors show up more often during a RGS. And some are so old, they don’t hold their original value any more.
Make sure you check the GMT Lab before purchasing from the Roving Gene Sale or before purchasing GMT tokens.
Exchanging HB’s for GMT’s
For every $12,500 hb’s you may exchange it for 1 IV (Investment Voucher), and every 1 GMT token will cost you 10 IV’s.1 GMT = $125,000 hb’s.
Not all GMT’d Horses Will Keep Their Value or Have the Same Value Across H&J
Let’s take a look at Snowflake. It commonly shows up in the Limited Edition Gene sales for $7.50 USD a gene, and it takes 2 copies of the gene to show up on an LP horse, so that is $15.00 USD ($1,500,000 hb’s).
But this gene can also be created using the Gene Mod Treatment. It costs 10 GMT’s per copy, for a total of 20 GMT’s (that is $2,500,000 hb’s or $25 USD).
Or you can buy GMT’s from the Upgrade tab, 10 GMT’s for $45.00 USD.
But Snowflake is common now, and so wide spread that even basic foundation Herd Helpers pop up with it in their genes. This is important to know, because some rare genes can be found on Rank Special horses or even Basic Foundation Creates, and by understanding how the Search Tool works you can sometimes find what you are looking for, without having to convert your money over.Post edited by CheshireFarms at 2020-08-16 14:49:04Thanked by 1ChateauAlbere -
TAKING THE MARKET INTO CONSIDERATION
What does this mean? Well with the new Search Tool, we can specifically look to see if there are other horses just like ours. You may have a horse that is Homozygous for another gene, so that foal will always inherit a copy of that gene. Maybe this gene is rare, or not seen in that Pattern Combination yet. Maybe your horse is Higher Papered, or Higher Gen'd, maybe they are Consistent and pass down a Higher PT score. Know your horse's worth, and market it.
At the time I wrote this, there were 111 homozygous DFP1 horses in the game, and the only 2 that were publicly being bred were mine.
Someone put a similar horse up for $250 hbs
Just because someone else did, doesn't mean you need to as well. If you have the quality, market that quality. People don't always look for the cheapest thing to buy, because we've naturally learned that cheap doesn't always mean better in real life. We are more inclined to buy something in the mid-range. But don't go crazy with it. If one stud is $250, and another is $100,000 that doesn't mean the mid range for your horse should be $50,125 hbs. You might need to narrow down your market using the Search Tool, and advertise to a specific audience (on the forum or in chat).
Keep in mind, if players are looking to breed a specific line, they will need to add new blood. A less expensive Stallion is more likely to show up in a horse's pedigree. And is more likely to show up in horses being sold or auctioned as well. So making sure you have access to new bloodlines that are quality horses is important to prevent bottlenecking. That cheap stallion may have been around for many breeding seasons, which may give your horse the advantage of being the new guy.
Thanked by 1ChateauAlbere -
ADVERTISING BREEDING SERVICES
When the DFP1 gene first came out, HOMOZYGOUS Straws were going for $25,000 hbs and Eggs for $30,000 hbs. At the time of writing this there were only 2 Stallions standing for Public Stud (they are both mine). One is a Foundation Stallion, standing @$25k, and the other is a 2nd Generation standing @$27,500 (and that will probably change as I age up the better quality 2nd gen stallions).
At the time of writing this, my Foundation stallion (valued at $3,000,000 hb’s) had been bred to 5 times this season, earning me $125,000 before the 15th of this Month.
There are currently 2 Heterozygous Stallions on the Public market (both are also mine). These horses all test Superior to their Sire and may pass on 1 copy of DFP1. Because breeding to them is not a guarantee of passing down color, it is kind of a gamble. They are currently standing at stud for $10k each, however this is most likely going to change as more of my stallions mature, and I have stallions with higher test scores. For now, the public market is breeding them at $10k. It is important to note with this gene, a horse must have 2 copies to express it, so it doesn’t make sense to price the Heterozygous horses too high since the breeder is going to have to invest more time and money into getting a homozygous horse. You want to try and keep them affordable to encourage multiple breedings, but not so affordable as to devalue your homozygous horses.
At the time of writing this, my 2nd Gen stallions had been bred to 3 times this season.
Updated: August 13, 2020
When I started writing about the Value of DFP1, I initially rated my horses to be worth $750,000 based on GMT conversion. However I had forgotten that because he was a Limited Edition Gene that has only come up once in the Roving Sale, his conversion value is actually $100,000 per $1 USD, making him worth $3,000,000 hb's.
That June when the gene came out was my first month playing the game, and I didn't understand market value. So when I posted on the forum asking if people would be interested in straws, and if so how much they were willing to pay, players offered $25k for Straws and $30k for eggs.
There are two points to learn from this. First point is that I didn't understand my horses value, and could have assigned a higher service fee. The second point however, I find more interesting. Which is, when asked for feedback, the community said $25-$30k.Post edited by CheshireFarms at 2020-08-16 15:00:33 -
SELLING MY HORSES
Like Public Studding, the market will influence this. Using the handy dandy Search Tool, you can narrow it down a little more to see if there are any similar horses currently for sale, and what their stats look like. You can also look in the horses Records Tab to see if there is any sale history. This may help give you a baseline to start.Suggested Starting Prices For Basic Foundations
(this does not take into account Rank Specials or Rare Genes)
Normal Foundation Horse/Top Notch Producer = $2,500
Perfect Foundation Horse = $2,750
Excellent Producer Foundation Horse = $3,000
Exceptionally Perfect Foundation Horse = $3,250
If you are selling a horse that is currently Breeding, and the market has been actively breeding to them, take into consideration what kind of money you might miss out on if you sell your horse. Now I'm not saying your Stallion should sell for $20,000,000 because he can breed 50 horses every season from the age of 3 to 19 (16 years x 50 coverings = 800 Breedings @ $25k each). Because the value of that stallion is going to degrade over time. The genes he carries are going to be more common through breeding, or will become more readily available on the market.
If your horse was open for public breeding last season, look to see how many players purchased services from that stallion.
For my horses, June and July saw lots of breeding and selling of Straws/Eggs because this was a new gene, and only foundation horses of breeding age were on the market. The Colts that were born in June, have now aged up enough to breed this season, and the 2nd Gen Mares won't be of breeding age until September.
At the time of writing this, I had one of my 2nd Gen Stallions on the Public Market for $100,000. I also had him in a Color Chat at a discount for $75,000. I came to this figure because I thought it would be realistic to get 4 public breedings out of him, additionally I didn't have a need for him as I bred higher testing Colts of the same generation. While I wrote this article, he sold in the Color Chatroom for $75,000 hbs.
Post edited by CheshireFarms at 2020-08-16 15:04:46 -
BE CAREFUL PRICING FOALS
Just because my 2nd gen Stallion of Breeding Age sold for $75k, doesn't mean a 2nd gen colt I bred this month will sell for that price. If I were to buy a newborn Colt for $75k, I would have to wait about 2 months (depending on their birthday) before they were old enough to breed. And for Fillies it is even longer. So that is 2-3 months I have to wait to see any return on my investment. That is 2-3 months of similar horses breeding and going to market. I am more inclined to pay higher fees for horses of breeding age than I am for foals.Post edited by CheshireFarms at 2020-08-13 00:47:54 -
THE COST OF BREEDING YOUR HORSE
You want to make sure you made a profit when selling or breeding your horse. If you spent money on an outside stud, include the Stud Fee in the foals price. And if you have testing available, test your horses and include that in their cost. If you are selling the horse, factor in the full amount into their Fee. But if you are putting your horse up for Public Breeding, spread the cost of this horse over a number of breedings.
Check List
Stud/Straw Fee = __________
Vet Bills = $1,000
Pasture Breeding = $500
Straw Collection = $500
Egg Flush = __________
Creating an Embryo = $2,000
Creating an AI Embryo = $5,000
Genetic Testing = $100
Performance Testing = $500
Breed Testing = $1,000
Comparison Testing = $4,000 or $8,000
Post edited by CheshireFarms at 2020-08-16 15:07:14 -
MARKET YOUR HORSE
If your horse is just sitting there and not selling, it could be that you didn't market them enough. It could also be that they are too high, or maybe someone hasn't come around and started working on a breeding program they would fit into. Regardless of the reasons, there are multiple ways to market your horse. I like to treat my account on this game as if I'm marketing a real stable, I'll make a Sales thread, and a Breeding thread, and then treat them as my own little Marketing Blog. Take advantage of the Thread Layout and add some graphics to jazz it up. Have you made a banner or forum avatar yet? If you are actively posting in the forum, a banner is a great way to tell people who you are and what you have to offer. Join a Color/Breed chat room, and advertise your horses so that fellow breeders know this is something you are working on. The room might not be that active, but it will be as active as you make it. Chat Rooms allow you to list your horses for sale and breeding at different prices than what you have on the market (which is why I was able to give my fellow DFP1 breeders a significant discount from the Public Market Price).
Try and stay consistent with your pricing. And don't get discouraged if they don't sell right away. Give it a week, and then maybe think about changing it. In the meantime, make sure you are showing them 2x a week so you can make some money.
DON'T BE AFRAID TO ASK THE COMMUNITY FOR THEIR OPINION. If you are still unsure, make a post about it. The forum is more active then the Chat Rooms are, and there are many people here that are happy to help lend you some guidance.
Post edited by CheshireFarms at 2020-08-16 15:23:09 -
WHERE DO WE GO FROM HERE?
If you read this entire thing, thank you. And I hope you leave here with a little more understanding on how to Value your horses. The new Search Tool really helps us see what is on the market without having to search through pages of horses that don't meet that criteria. Whatever money you put into a horse, make sure you include that in your Sales Price/Breeding Fee. And take advantage of the Horses Notes, Forum and Chat Rooms to help market your horse.
I realize everyone has a different value to horses, I value some horses higher than others because of the lines I'm trying to work with. But I want to make sure that you know the value of your horse. Money is important in this game, it provides you opportunity to buy higher quality horses, to Comparison Test more, and even be able to trade in HB's for Special Game Items that you would otherwise have to buy with your own real Money. So don't short change yourself.Post edited by CheshireFarms at 2020-08-13 00:46:14 -
I don't understand your conversion rate.
"1 GMT = $125,000 hb’s.
1 GMT = $5.00 USD
$1 USD = $25,000 hb’s"
I've been told $1 = $1,000,000 hb's and $1 = $100,000 hb's. So what exactly is the conversation rate??Thanked by 1CheshireFarms -
$1 = 100,000 hb's is the standard conversion rate.
1 GMT from the Upgrades tab costs $5
1 GMT from the IV exchange tab costs 125,000 hb's
Post edited by DarkFrost at 2020-08-13 09:07:00HJ1: 266615
Licenced for Watercolour, Chinchilla, Diamond Phantom Sparkle, Ice 2, Nacre -
I love how thorough this is. The layout is wonderful and could be so helpful for new players!
I wanted to mention, you suggested not factoring a horse's daily payout in their sale price. Sometimes you absolutely should. With your really great show horses and your pointed foundations, the going rate is something like, price them at roughly half their lifetime payout. An example... a 2 year old foundation with no special or rare genes and with a lifetime payout of 15k hbs could be sold for much more than the base price of 2500 or so! You'd want him to be around 7.5k hbs. hope I worded that correctly. I don't mean to confuse or offend because I think what you did here is fantastic. Thank you for putting this together!ID# 260926 Magnum Riding Horses
Forest Server MCzigans91
Mesa Server Circle C -
Thank you for that input @Mistylynn91 I will look into this and make an update. I haven't looked at Life Time payout or Daily Money earned in my horses, so this is something I will need to explore.
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@Xzeina & @DarkFrost
I came to that value by using the GMT prices under the games Upgrads.
Value in Question
$1 USD = $25,000 hb's is as follows
Information from GMT Upgrades
Under Upgrades you can purchase 1 GMT for $5 USD (or 10 GMT for $45 USD)
Under Voucher Exchange you can purchase 1 IV for $12,500 hb's.
It takes 10 IV's to convert into 1 GMT. So $125,000 hb's is = 1 GMT.
if $125,000 hb's = 1 GMT
and $5 USD = 1 GMT
then $125,000/$5 = $25,000 per $1 USD
When you look at the Horsebuck Infusion option under upgrades, $25,000 hb's is valued at $3.25.
Unless I drastically miscalculated, a conversion rate of $100,000 hb's per $1 USD is price gouging.Thanked by 1Alianne -
Most of the RGS genes and pastures can only be purchased for real money, so it cannot be compared to the GMT value. There is reliance on another person being willing to exchange their finite resource (money) for your potentially infinite resource (hbs).
I'd say the majority of members are using their in-game cash to buy IV's and converting to GMT's for large purchases such as KitM and Snowflake, this has $0 value as they earn all of this money through their show herds, selling ponies, etc.
$3.25 to purchase 25,000 hb's, that's $13 to purchase 100,000 hbs - and tbh buying game cash through the upgrade store is very bad value as it is in most games.
It's not unreasonable to charge 100,000 hb's for $1 worth from the real money only store, and whilst a few people are willing to on occasion do this for free or cheap, this is the standard rate (at least since I joined).
TLDR: For you to break even (i.e be able to 'cash out') your DPF1 stud would need to earn you 3,125,000 hb's in stud fees over his lifetime.
You'd have enough HB's to buy $30 worth of genes off another member or invest into 25 GMT's. With these 25 GMT's you could buy; 2x Snowflake ($15 from RGS) and 1x DP (maybe $5 from RGS). So really, the value of a GMT would be 66,000 hb's (30 - 20 = 10 (33%) provided there was 0 incentive for the person making the real cash purchase.
Post edited by DarkFrost at 2020-08-13 10:41:13HJ1: 266615
Licenced for Watercolour, Chinchilla, Diamond Phantom Sparkle, Ice 2, NacreThanked by 1Ammit -
@DarkFrost I'll have to look into this more. I'll see what information I can collect and figure out an average. Converting USD to HB is not equal across the different game upgrades unfortunately, so I was just going with the GMT information.
But you are correct in saying that many Limited Edition genes are not available with GMT's. -
@CheshireFarms I know the current going rate is 100,000hbs, we should (at least for now) use that in any calculation.
RGS genes are all over the place;
Snowflake (like your example) is $7.50 from the RGS lab (750,000 HB's at the current rate) but 1,125,000 if you buy it through Gene Mod. So actually the 1:100,000 hb's works in the in-game buyer's advantage here as a straight swap would leave the real cash purchaser out 4 GMT's. (33% but can't buy part GMT) :))
Pearl (the only other gene both in RGS and Gene Mod right now) is $2.50 from the RGS lab (250,000 hb's at the current rate) but 225,000 hb's if you buy through Gene Mod. So the real cash buyer would be out (10%) worth if using the funds to purchase their own Pearl gene.Post edited by DarkFrost at 2020-08-13 11:02:41HJ1: 266615
Licenced for Watercolour, Chinchilla, Diamond Phantom Sparkle, Ice 2, Nacre -
PRICING YOUR HORSE BASED ON LIFETIME PAYOUT
Thank you @Mistylynn91 , @DarkFrost , @ConfluenceStable and @stardustgirl for providing more information
New players joining the game are now able to make Foundation horses from Daily Herd Helpers (DHH) with Points already assigned to them. A percentage of these points become daily income for your stable, and help finance your startup. The amount of assigned points is at random, but sometimes you can get really high point earners. Because the resources out there are not very clear for new members, make sure you understand what to look for before selling/auctioning/removing any of your horses.
As horses show, they gain more points, the greater the number of total points in your stables (counting all horses), the more money you can earn every day. So keep this in mind if you start selling your foundation stock.
Lifetime Payout is a little tricky to understand as a new player, so I'll do my best to explain it. There are 3 parts to a horses points. They are: Total Points, Daily Payout, and Total Lifetime Points.
Total Points
This is the total number of points a horse has currently earned. Some horses are created with points already on them, these are foundation horses created from Daily Herd Helpers. You can read more about this here.
Daily Payout
Daily Payout reflects a percentage of the Total Points, divided by 7 (7 days in the week). This is what the horse will earn you as a daily bonus from showing. If you want to check your Daily Payout (from all your horses added together), you can go to "Member Home" and scroll down to "Performance Overview".Current Lifetime Points
The Current Lifetime Points tell you how much money a horse will earn you over its lifetime (until it's 18th birthday). This can change over time based on the horses showing history.
How Do They All Work Together
If a horse is in your stable being shown (2x a Week), they will earn points as long as they do not come in last place. This is reflected in their Total Points. Check here to see how shows work. A percentage of those points become the horses Daily Payout. The more points earned from Shows, the greater the Daily Payout. At the end of the day when the game Rolls Over the Daily Payout amount will be subtracted from your horses Lifetime Points.
This horse started with $10,810 hb's and after 3 days of paying $47 hb's from Daily Payout, they now have $10,669 hb's to earn until they are 18 years old.10.810 - (47 x 3 days) = 10,669If the horse starts to perform better in shows, that number will change. But this is the general idea of how these 3 things work together.This horse has not shown, or was newly created/bred and did not have any points. They will have to earn points through showing.This horse has 15 total points, and earns $2 hb's a day. If they stay at $2 hb's and you continue to keep them but not show them, they would have earned you $888 hb's for sitting in your account and looking pretty.
*Pro Tip: If using your Pastures to Breed, rorate them each season so they earn some show points to make you more money. Breed one month, and then show the next. - Thanks to @CorvusThis horse has finished training (see "Leveled Off") and is currently 10 years old (not shown here). Now that they are 10, I could put them in Auction for a starting price of their Current Lifetime Points, and get a quick payout. Or I can keep showing them, to get a slower return, but possibly make a little more on my investment.
While this is a slow return for your money invested, and sometimes you might not even make your money back. Lifetime Points do play an important role in pricing out your horses.
Suggested Pricing for Basic Foundation Horses with Points
This suggestion does not take into account any uncommon or rare genes the horse might have. The common practice for selling pointed Basic Foundations, is to set the sale price for 1/2 the Current Lifetime Points. So if the Lifetime Points were $12,000 hb's you would set the minimum sale price for $6,000 hb's.
Keep in mind any fees you paid out to get this horse. So that $6,000 price tag might earn you $1,900. Which is not enough money to replace the horse you just sold. In reality, making and then selling horses isn't a stable way of earning money in this game, but that is a entirely different thread.
If you are selling a Basic Foundation Horse with Lifetime Points, my suggestion would be to see if you could recoup 30% of their Lifetime Payout ON TOP of whatever the horse cost you in creating it (including the testing fees). So if the Lifetime Points were $12,000 hb's you would set the minimum sale price for $3,600 hb's + Creation Fee ($2,500) + Testing Fees ($1,600) = $7,700 hb's. This allows you to earn $3,600, and if the new owner keeps the horse for the rest of their lifetime they will earn at minimum $4,300 hbs.
While the new owner would not break even right away, they could make more on their investment by breeding and showing over time.
*Pro Tip: The standard ratio of 3 showing horses for every 1 breeding horse is the best habit you can get into, but let's face it, breeding is more fun! - @ConfluenceStablePost edited by CheshireFarms at 2020-08-16 12:25:34 -
At 10 years old you can put horses in auction and get their lifetime payout. :)HJ1: 266615
Licenced for Watercolour, Chinchilla, Diamond Phantom Sparkle, Ice 2, NacreThanked by 1CheshireFarms -
@DarkFrost I was gonna mention that too, but didn't want my original comment to get too lengthy.
@CheshireFarms that looks good to me so far. I just know I made the mistake of not paying attention to pointed foundations when I was brand new. I sold everything for like 3k hbs flat out, no matter how much money it earned me. I had to spend several months catching up on my show herd.ID# 260926 Magnum Riding Horses
Forest Server MCzigans91
Mesa Server Circle C -
My exceptional or exceptionally producing foundations with het DP sell for 20-25k on market, hom DP for about 50k (unless they are liver, I usually post them for offer on the forum, maybe 75k?)
All of my expro or experf foundations het for snowflake have always sold at 75k
I do love this post, it is extremely helpful! If my information contribution has chaged please let me know:) -
I like bargains myself, but @bravo25 is about right as far as the most I would pay for DP or snowflake. I'm normally willing to pay slightly higher for points or exactly the right genes to go with those two, as well.
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@Bravo25 I'd have to look up DP but Snowflake is definitely overpriced for the market. It's an old color and regularly comes on $2,500 foundations. There are tons of horses on the Market for breeding for less than 1/10 your price. I bought a homozygous snow at auction for $2,750 and the owner declined my offer to pay more for him
CF Snow Wolf SN P -
The market is not set in stone :)
Fashion and trends are also factors that adds to the desirability of the horse. Snowflake and DP are both old classics that a lot of people breed for and want in their herd, therefore a lot of people are willing to pay more for those genes.
To base the stable economics on horse sales and breeding alone is not a good strategy in the game. Trends comes and goes, and suddenly everyone goes crazy after something different. New and old open genes are often more sought after than closed fantasy genes because they have a bigger group of potential buyers.
I also think that many people breed mostly for themselves, to get a herd that they love, and are happy to help other players out if they can. I never sell lined horses, unless someone ask me for a specific horse, and that horse happens to be one of my more open lines, and I trust the buyer. But when I do, I usually give them away for free, because they are priceless to me (so it is impossible for me to put a fair price on them, for emotional reasons), and I love to help other people.
Post edited by Herzeloyde at 2020-08-14 18:18:39 -
^ What she said!
One of the most difficult things is to get people to understand that they cannot sustain a stable of any size through selling/breeding. I challenge you to find a stable with more than 5000 horses that makes their only money from sales and breedings.
Ammit made some changes a couple years ago, so that new players would have more of a chance to build their barns to a point where they could fund their breeding programs through their show barns. She set it up so that until your daily payout is 20,000 points total, every horse you create (Foundations) will have a pre-set number of points. This allows new players to either keep the horses to build their own herd, or to possibly sell that horse for a bit more than an unpointed horse would go for. When you first start out you may need that occasional boost from selling a horse, but thinking that that will fund your barn for any length of time will get you stuck in a rut. It is the same as buying a cash infusion from the Voucher Exchange; it can take care of the immediate problem, but not the longer term issue.
I've played this, or versions of this, game for over 12 real life years, and even after all this time I still can't get sales prices right all the time. I can afford to under price the horses I do sell because I have a huge show herd. The standard ration of 3 showing horses for every 1 breeding horse is the best habit you can get into, but lets face it, breeding is more fun!
However you want to play is how you should play. Lots of people start out using sales/breedings to fund their barn, but eventually they switch over to the 'massive show herd' point of view. There is nothing wrong with your thread, Cheshire, and it is obvious that you put a lot of thought into how things work. (It is also SUPER nice of you to help out new players!) I just want to be the cautious old grandma, here and offer the 'historical' perspective.Post edited by ConfluenceStable at 2020-08-15 13:58:56
ConfluenceStable- HJ1 ID#235298 * ConfluenceFarms- HJ2 ID#1998 * ConfluenceRanch- HJ3 ID#15 -
@ConfluenceStable can you explain the daily payout some more, because I've never made $20k in a day and my horses I created stoped coming with points a long time ago.
To be fair, I had a really hard time understanding that aspect of the game. And still do. Lots of my foundation horses were sold without taking points into consideration (didn't really know too - might have to make a entirely different thread for the new player now). -
I'm still pretty new to the game, but I wanted to say thanks to @CheshireFarms for putting so much thought and work into this post. I personally really struggle with pricing horses that I choose to sell and so usually find myself posting them in the forum or auction and then taking offers rather than proposing a price myself, but I'd like to get more comfortable with setting a price myself. Sometimes I can't tell if someone is being super generous to me with an offer or whether that's just the market value (I assume often it is generosity!). I think you have some really good tips on how to highlight some of the good points of a prospective breeding/selling horse, and I will definitely make better use of owner's notes and sales posts in the future. I also like the idea of having a forum banner to represent what you specialize in and breed.
I would also absolutely agree with @ConfluenceStable that the more effort I have been putting into my show herd and saving up for IVs to buy new show barns the better things have been going for me. To answer Cheshire's question, I think the 20,000 cut off is about points. Once a new player hits 20,000 points held by all of their horses then they no longer make pointed creates. This points total determines your daily showing bonus. I think 20,000 equates to around 2,000-2,500 hbs per day (my current show bonus multiplied by 9.335 equals my total points). In hindsight this is a really key cut-off that I think it would be good if new members were somehow made more aware of. I think it is in the FAQ under "Beginner's Bonus", but maybe could be expanded upon or emphasized a bit more? Perhaps with some advice to take lifetime payout into consideration when placing a pointed create up for sale?
I'm certainly not an expert, but in hindsight I probably should have tried to stay under the 20,000 points total until I was completely happy with the herd I had - sold the pointed creates for at least half of their lifetime payout if they weren't ideal for my breeding goals and built up a stronger show herd. Once you're not making pointed creates I've found that I can occasionally get a large sale if I have a rare/desirable rank special that I won't be using but otherwise I sell a lot of horses for base price in the auction so now I geld/spay most horses I don't want to breed and just keep them. I haven't dabbled with many of the rare/fantasy genes yet though, so can't speak much on that.
Since I think some folks do enjoy looking at sales prices, market value, public breeding and such, it might be fun in the future to do some kind of challenge or game where everyone has to reach certain breeding goals starting from foundations but they can only start with so many of their own creates, so participants have to breed or buy horses from other participants to reach the end goal? Again, I'm pretty new so maybe that's tricky or unworkable, I have no idea.Post edited by CrowsnestRidge at 2020-08-14 22:00:53ID #265959 | He/him | Breeding Black Satin, Liver, and Grullo Arcturus Horses | Licenses: Mushroom, DFP2, Onyx, Axiom Blue and GreenThanked by 1CheshireFarms -
Yes, I really like how you created this post, it is so well written and amazingly done!!
Here are two links that explain how to use show horses and points to build a strong game economy. The first one was written by me, and are not nearly as structured as yours. This was written after Ammit made the change that allows new members to create foundations with points, and the first part is based upon selling and buying those.
I started a side account to try out the technique myself, and when I played this with dedication, I managed to build a self sustaining account with 2000 stalls, all bought for game money within 2 months, just by thinking strategically.
https://www.huntandjump.com/forum/discussion/41800/new-member-let-me-give-you-150-000-hbs/p1
The 2nd post was written before the pointed foundation change, but the information is still valid, and is about the strategy for established players and players who have reached the 20 000 points held mark and are ready to move on further into the game.
https://www.huntandjump.com/forum/discussion/27151/attn-new-players-want-to-know-how-to-make-money-to-support-your-hj-habit
And there is of course nothing wrong with selling and breeding horses for a good value. It is a good side income for a small barn who is in the phase of building a sustainable economy, besides - it is very fun.
But doing it alone will not get you far in the game, if your goal is to build a self-sustaining economy, where your horses pays for the barns, IV and all the in-game purchases you want and needPost edited by Herzeloyde at 2020-08-15 03:28:45Thanked by 1CheshireFarms -
I think the 20k payout per day was a typo, I believe it's 20k points which is about 2000 hbs per day. But for a new person that's still really helpful. In addition the $1.99 basic 3 month upgrade is really helpful and very inexpensive.Thanked by 1CheshireFarms
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And about pricing horses for sale; the easiest way to find out their value, is to do a search for similar horses for sale, and see how they are priced. If there is a huge gap between the highest price and the lowest price, maybe try something in between, close to what you would pay for the horse if you were buying.
If nothing similar is up for sale, try to search the forum, or just set a price you are comfortable with.
If they don't sell within a reasonable time (f.ex 2 weeks), then the price is probably higher than what people are willing to pay for the horse, so if you still need to sell, you can either lower the price or try an auction, either the public auction or a forum auction.
If anyone is looking to buy show horses, here is some guidelines on how to find good prospects: https://www.huntandjump.com/forum/discussion/comment/205382#Comment_205382 -
This is a super helpful thread, thank you! I'm newish to the game too (joined in May), and show hers are definitely the best way to go in terms of getting and keeping a consistent income. I do make a decent amount of money selling horses on the side, but my most consistent is by far the show horses.
Also, for pricing foundations with points, when I've been selling mine on my alt account, I'll usually do it for 50-70% of their lifetime payout. If they have 400+ points, I usually keep them. When I'm looking at purchasing foundations (for breeding OR for showing), I usually try to get ones that have at least 300 points. Also, while keeping your spelding foals around is good, I've found that purchasing a few show horses with higher daily payouts and auctioning the spelding foals was better for my first few months, but now I can afford to keep the speldings around more often than not.ID is 267069 / she/they/he
Breeding warmbloods and riding horses.
Licensed for Mushroom, Splash M, Axiom Red, Axiom Blue, Wrong Warp, Onyx, Watercolor, Apple, Autumn, Diamond Sparkle, Ghosts, Cobweb, Lace, Spiders, and Jellyfish. -
You guys are absolutely right about the 20,000 being total points held, and yes it was a typo! Sorry about that! If you want more detailed explanations about how the points total is calculated to make the daily bonus, you'll have to find one of the "math" folks. I am mathematically challenged, but I'm pretty sure that what is in the Basic Information For New Players post is correct (https://www.huntandjump.com/forum/discussion/31645/basic-information-for-new-players#Item_15)
Also, just as a 'fun fact'; Before Ammit made the changes for the new player bonuses (which includes the Acheivement Awards, the pointed creates, and the $2 upgrade for new players) she ran a contest that had us ALL entering. The challenge was to see how quickly we could go from a brand new account, with no upgrades or infusions to being able to buy a Basic Upgrade with IVs. It was insane! A pointed show horse on the sales boards was grabbed up in seconds, and that is when the bootstrapping method came into general play. I THINK the winner did it in 2 months.Post edited by ConfluenceStable at 2020-08-15 14:12:29
ConfluenceStable- HJ1 ID#235298 * ConfluenceFarms- HJ2 ID#1998 * ConfluenceRanch- HJ3 ID#15Thanked by 1CheshireFarms -
Sorry I was away with family the last two days and only had the phone, so I'll be able to answer better now.
@Mistylynn91 and anyone else, could I get some feedback on this topic. https://www.huntandjump.com/forum/discussion/comment/219553#Comment_219553 I don't understand how life time points work, specially on horses that are older. As in, I don't understand how the LTPs tie into their selling value.
@DarkFrost so at 10yo we can put them in auction and get the remaining lifetime value + the $2500? Or just straight LTP's?
@Herzeloyde & @ConfluenceStable , of course the market isn't set in store. But it also shouldn't be ignored. New genes that came out recently will be a hot commodity, but will degrade over time. More people buy, breed, sell, ect. It starts to become more readily accessible to the general public. But that doesn't mean the market shouldn't be given proper consideration, this also includes the auction and forum sales.
Also Herzeloyde, thanks for the links. I will have to bookmark them!
And this article really isn't about a players entire stable economics, it's about knowing the value of your horses so you don't miss out on an opportunity to gain money (or in some cases get preyed upon). The game is designed to collect show horses and stick them in a stable to make you income. And to do anything with that income, you have to collect A LOT of horses. Which means you have to buy stables for them. And it just keeps circling like that.
If I buy 1 DHH in the game and test it, I've spent almost 2 days Daily Income. Not to mention if I want to breed it. And if I want to breed well, I need to take advantage of Pastures, so those horses aren't showing.
"The standard ration of 3 showing horses for every 1 breeding horse is the best habit you can get into, but lets face it, breeding is more fun!" - Confluence
^ I like this, and I will steal it to put somewhere in this thread.
@CrowsnestRidge yeah that happened with me, I would make all the pretty spotted ponies and wonder why all their foals were failing. Turns out I was making the wrong spotted ponies, and so I got rid of them and started rounding up a bunch of different Herd Helpers, trying to start my line all over again. @_@
@stardustgirl thanks! I'll take that information and the information from @Mistylynn91 and try to work it into the post above.Thanked by 1stardustgirl -
I believe you get whatever the lifetime value is, so if horse had 2501, that's what you'd get. I do not believe you can get less than 2.5k.HJ1: 266615
Licenced for Watercolour, Chinchilla, Diamond Phantom Sparkle, Ice 2, Nacre -
I'm terrible at explaining things and I just woke up haha! I have been playing since November, so while I pretty well have the gist of things, there are certainly plenty of other players who have a better understanding than I do.
Maybe someone else can help me explain better, but from what I've gathered, the only time you don't factor lifetime payout into the horse's price, is when its less than 2500 hbs. Horses with hundreds of points tend to go for at least half of the lifetime payout because you will be guaranteed to get your money back eventually, so they are at least worth that much right?
I'm bad at pricing. I think most of my horses are some of the cheapest ones on the sales board, compared to similar ones. I just personally factor what they will make throughout their life in with everything else about them.
Perfect Appy CC
Like this girl. Look how much she will make me if she never shows again and just sits in my barn. Id ask for at least 12k hbs for her, just purely because of her payout, if I was selling. The buyer would get that money back and then some. From there you could factor in the price and rarity of any other appealing genes she has. I don't know what Leopard Appies are worth, but lots of people breed for them.
Some lined horses can make a lot of money showing, as well. So I'd say it's the same thing. Factor in how much they can make you throughout their life, charge at least half that, then factor in the rare genes and paper levels ect. I hope that's somewhat helpful.Post edited by Mistylynn91 at 2020-08-16 06:55:38ID# 260926 Magnum Riding Horses
Forest Server MCzigans91
Mesa Server Circle CThanked by 1CheshireFarms -
I expanded on Pricing Horses & Lifetime Points: https://www.huntandjump.com/forum/discussion/comment/219553#Comment_219553
Please let me know if you have any comments or suggestions to add.
I included the example of selling a horse for 50% of their Lifetime value, but also added a suggestion at the end to set the price to 30% the Lifetime Value + fees involved in creating the horse.Thanked by 1CrowsnestRidge -
@CheshireFarms, I think this is fantastic! I would have loved something like this when I started. Thank you for all your hard work. I enjoyed seeing the other player's suggestions as well.ID# 260926 Magnum Riding Horses
Forest Server MCzigans91
Mesa Server Circle CThanked by 1CheshireFarms -
Edit, I just saw the post where most of this is already explained, I somehow missed it. But at least here you have real examples.
About points and current lifetime value:
The current lifetime value of a horse is always just current. The option to sell horses back to the game from the age of 10, and get their current lifetime value back, was created to help the mega size barns (barns with 10k+horses) to downsize, as we put a lot of pressure on the server.
The lifetime value of the horse is calculated from the amount of points a horse have in the given moment, and estimates how much money the horse will pay out in total until the rollover between 17/18 years, when the horse have 20 or 25% chance of dying (I can't remember the exact %).
The current lifetime value does NOT take into consideration the amount of points thee horse may gain in the future.
So if you need a big chunk of money, or stable space, you can take advantage of the option to put the horse in the public auction when he is 10, but in most cases he will earn you a lot more if you just keep him in your barn, because he will probably still be gaining points in every show he he enter which makes the daily payout larger.
As the horse ages, the lifetime value of the horse goes down. That is because the game assume that the horse will die when he turns 18. From 17 and until he dies, the life time value will always be calculated for one month, because thee game always assume that he will die the next month. But remember that in reality, there is just 20-25% chance of him dying.
Here are some examples with horses with the same PT and consistancy.
This 10 year old horse, with a PT of 13.5 and 718 points, which give a daily payout of 77 hbs could be auctioned today, for a life time payout of 17402 hbs. A nice amount of money.
9559542
But I keep as many horses as possible, so fast forward until she is 17 year old:
8179167
This horse, also with 13.5 PT score continued to gain points, and have now a total points of 3136, which gives a daily payout of 336 hbs. That is a lot more profit during the 7 months then I would have gained if I sold her as a 10 year old.
She was lucky, and leveled off near the top at her level, which means that in every show she gets more and more points. The game calculates the life time value as if she is going to die on the next rollover, but there is a higher probability that she will survive, and continue to accumulate more points.
8179406
This one also have a PT of 13.5,but leveled out further down at her competition level. But she still gains points every time she shows, and give a nice contribution to my bank account.
If you look at the first horse I posted, the 10 year old, you will also see why foundations created with a lot of points, especially those with exceptional showing abilities, are so valueable. There are yearlings created with more points, than she have gained in 10 months.
In the long run she will probably be the most profitable, since she will go further in competitions than a foundation will, but in short term (the first 10 months) the foundation will be more profitable. That is why the advice is to have a variety of show horses. Some will pay you big money later in life, other will earn you a good, steady income over a longer time.
The higher PT-horses will run through the lower classes, and never stay long enough at one level to accumulate a lot of points, until they level out in the high classes, and suddenly gets a lot of points in a very short time.
Post edited by Herzeloyde at 2020-08-17 08:56:42