If you own a saddle you need to have a secure and sturdy place to put it when it is not in use. No matter what type of riding you do, a saddle is a major investment with some saddles costing thousands of dollars. Proper saddle care also ensures good fit, a kindness to your horse. Protect your entire investment with a quality saddle rack. You could buy a saddle rack at your local tack shop, but you can make a very simple, portable one for a fraction of the price.
Cut the 4x4 post to a length of 24 inches. Chisel a narrow flat spot -- sufficient to house the tie downhook -- along one corner of the post.
Use this flat spot to secure the tie down hook. Drill two pilot holes, to secure the two wood screws. Screw the tie down hook to the flattened corner of the cut post.
Take the eye bolt, and secure it to a wall stud.
Hang the finished saddle rack from the eye bolt. Place your saddle on the hanging rack, and make sure it is balanced on the rack and secure.