Thanks a millions - 75 of them

Gai Waterhouse deep in conversation with horse breeder Tom Magnier at the sales. Source: Adam Taylor / News Limited

MAGIC Millions is perfecting the art of avoiding the "ugly kids".

The first major yearling sale of the season has ended on a high with the four-day premium sale realising a gross of more than $75 million. It represented a rise of $8 million at a clearance rate of nearly 90 per cent.

Gai Waterhouse was the biggest buyer, outlaying more than $8 million for 39 lots including the sale-topping $1 million Redoute's Choice-Hades colt.

She will also get another 15 youngsters to train with Round Table Racing spending more than $2 million.

Magic Millions managing director Vin Cox heaped praise on his bloodstock department for the yearlings they catalogued.

"There's a real art to the selection process. It's a delicate balance of finding the right horses and getting breeders to bring the right horses," Cox said.

"The hard part is knocking a horse back. Nobody likes to be told their kids are ugly.

"We don't profess to getting it right every time, but when you're selling nine out of 10 horses in the ring, it means we must be doing something right."

Denise Martin's Star Thoroughbreds bought 19 yearlings for more than $2.4 million with all to go to Sydney trainer Chris Waller, who was active with 10 yearlings costing more than $2.3 million.

Selection manager Barry Bowditch, who has been with Magic Millions since 2005 after transferring from Inglis, said he took particular pride in the success of some emerging sires at the sale.

"We committed to Denman (15 sold at an average of $180,000) early and also I Am Invincible (10 at $200,500)," he said. "It's important to identify horses that might throw progeny pre-Christmas and those two sires took off early and thankfully we had good numbers to offer our clients."

A colt by More Than Ready out of Polaway fetched $600,000, the highest price of the Saturday night session. The colt was bought by newly licensed Sydney trainer Bryce Heys.

"Physically he was as an impressive colt as there was on the sale ground," Heys said. "He thought he was the best colt in the sale.

"He's got the pedigree to back it up. He's a generation away from a Golden Slipper winner and I bought him with a profile to graduate to that race."

The yearling focus switches next week to Sydney for the Inglis Summer Classic sale then moves to New Zealand for NZ Bloodstock's Premier Sale at Karaka in Auckland.

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