Terry Green

What’s a former professional cutting rider from Gulfport, Miss., doing in the winner’s circle at Saratoga Race Course after the Gr1 Hopeful Stakes? Well, he’s posing with his first Gr1 stakes winner, Basin, a horse he purchased for $150,000 at the 2018 Keeneland September Yearling Sale. “I can’t explain it,” Green said, taking a break from the 2019 Keeneland September Yearling Sale. “I’ve watched the race 25 times, probably 50 times. It’s hard to believe. When we bought the colt, we thought he was nice. When I’m sitting here in this arena, and you buy him from the bottom of the totem pole... what’s $150,000 when you see these prices these horses are going for?”

Green, 67, had quite a unique introduction to horses. “As a kid growing up in Mississippi, my grandfather had some horses,” he said. “He had cattle and he would turn them loose. Back in the day, we would brand them and turn them loose in the woods. At certain times of the year, we’d round them up. I would go into the woods with my grandfather and herd cattle. I couldn’t wait to do it every time with my grandfather. It was a blast.”

After graduating from the University of Southern Mississippi, Green became a developer, building houses, apartments and shopping centers—an occupation he continued when he moved to Houston in the late ‘80s. “I heard of cutting horses (a Western style equestrian competition which demonstrates a horse’s athleticism and the horse and rider’s ability to handle cattle), and I watched it,” Green said. “It was really cool—just a horse and a cow by themselves. I just enjoyed it so much.”

He enjoyed it even more when he became a cutting rider in the late ‘90s, competing in the non-pro ranks for some 15 years. In 2003, he opened 200-acre Jackpot Ranch in Weatherford, Texas, which became a leader in producing outstanding cutting horses.

By then, he’d ventured into the casino business, almost by accident. He and a friend in the restaurant business, Rick Carter, went on a day cruise out of Miami. “Everybody was in the casino,” Green said. “I said, `This would be unbelievable in Mississippi.”

Green and Carter contacted the Mississippi Port Authority and secured the rights to do a gambling cruise ship out of Gulfport. “We didn’t know anything about gambling,” he said. “We started sailing in and out of Mississippi. It didn’t work. We had too many people working in the engine room. We came up with the idea that if we could tie it to the dock, we could make it work. It got approved. I think it was 1989 or 1990. Now we own two casinos there, both in Gulfport, Miss. It’s really exciting. How did we do this? We were just a couple local guys from Mississippi.”

Thoroughbreds were next, thanks to his friendship with Mike Rutherford Jr., a fellow cutting rider. They became hunting buddies.

Mike’s father is a life-long horseman who began riding horses and working with cattle at the age of eight in Austin, Texas. He was a force in Quarter Horse racing before switching to Thoroughbreds. He purchased Manchester Farm in Lexington, Ky., in 1976, and it continues to thrive.

Mike and his father invited Green to their farm seven years ago. Green was blown away. “I said this is a great alternative,” he said. “I said I’m not going to be able to ride cutting horses forever.”

Two years later, Green and Rutherford Jr. created Jackpot Ranch-Rutherford. They purchased and campaigned Mississippi Delta. “She was a Gr3 winner,” Green said. “That really gave me a buzz.”

Green purchased some land near Lexington, Ky., to begin Jackpot Farm. “We built barns and paddocks,” Green said. “The last two years, I really got into it. I have about eight or nine horses now. I kind of fell in love with it pretty quick.”

Basin’s performance in the Hopeful did nothing to cool his passion. “Oh my God,” Green said. “It’s unbelievable.”

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