Shares start at $95 and go for as little as 0.01 percent of the price of actually buying the horse, minus training and maintenance costs. share in a top racehorse for as little as $100. Tip for consumers:Buy with myracehorse. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. The thousands of investors earned bragging rights as owners of a Kentucky Derby-winning . MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. I just think its terrible value for money for newcomers to be starting out. Race 5 - POST Time - 7:55 PM ET Turfway Park MAIDEN CLAIMING $15,000 - $10,000 . The micro-ownership offered by MyRaceHorse makes the buyer a true part-owner of the horse, with 12,500 shares in Authentic being sold. No horse in Australian history has won more than $20 million on the track. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Investor beware. I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Loans from management is within th e contract. Yes. Unlikely you will ever make money. Please fix this. Divide it between the 2000 unit holders in the horse and you get $300 each. Seeing them lifts my days. Which means that if like Winx it races until its 7-year-old season you have to pay another $204. I have a lot of shares and I have a share in Monomoy Girl! . So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. Here's to keeping the momentum going! But to buy in you have to pay $165, not $62. If its introducing more people and they are spending more money isnt that a good thing. Save your money. is myracehorse legit. MyRacehorse is very safe to use. Dec 19 The adrenaline is always flowing for an owner when their horse reaches the starting gate for the first time and if that maiden voyage yields a victory, well that's just one of the sweetest scenarios possible. Cheers. When you add MyRunners 7.5% to the trainers 10%, the jockeys 5%, the 2% animal welfare levy, and the 1% that goes to the jockeys insurance scheme, it means that more than a quarter of any money that the horse picks up on the track disappears before the owners ever see it, almost a third going straight into the promoters pockets. Allow me to illustrate this with a simple example. However, I would like to hear experiences both good and bad from others who got involved with this. This whole thing is a rort, a scam, and a con. She raced a couple days ago and did an amazing job! For more information, please see our Be happy the sport is getting attention from elsewhere. This bundle certainly has had a tough go of it but is a microcosm of what one faces as an owner in this tough but rewarding business. 996 talking about this. To claim your App. MyRacehorse has a consumer rating of 2.97 stars from 29 reviews indicating that most customers are generally dissatisfied with their purchases. They Euthanized my horse before he ever ran a race! At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. Diversify your own stable of MyRacehorse offerings. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. I am in it for the excitement and fun. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Seat at the track were on the finish line, food was tasty and great service. War Safe is on target to make a start at Turfway Park on Thursday, January 19th! Bet Horse Races Legal & Safe. Eventually, I will have a positive ROI with him. IN 3 WEEKS THEY SENT 3 OF MY RECIPIENTS DEAD FROZEN TINY BOUQUETS calgary . That's one of the reasons why we've consistently expressed to partners the importance of diversifying their stables. Best of racing luck in 2023! All investors should make their own determination of whether or not to make any investment, based on their own evaluation and analysis. Hi Dan, thank you! myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. . With a part ownership I deducted: The DRF Mileage to the track and home (.26/ mile I think), we made sure to take vacations to places that had a track, chaching airfare, hotel, etc etc because I went to look for horses to buy, business trip) plus training expenses, plus plus. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. So happy that you're along for this fun ride. Not worth it Best of racing luck in 2023! My horses have been ill, injured or recuperating. Part of the expenses was mortality insurance! MyRacehorse has a consumer rating of 3.18 stars from 22 reviews indicating that most customers are generally satisfied with their purchases. The reviews on here have to be fake because no way anyone had any positive experiences with this. Free Free 4.5 Ratings 209+ Reviews 10K+ Downloads Go to App Details Ratings & Reviews Positive Reviews Negative Reviews Expert Reviews Related Apps 4.5 209+ Ratings 5 77+% 4 7+% 3 6+% 2 0+% 1 8+% Filter Reviews Jun 18, 2021 Create a free account to receive new If not , I still enjoyed watching races besides the small distributions to our accounts, we still cashed WPS EX TIR and SUPR on site and the wagering parlos, I hope Sarrocchi and all the new acquisitions are successful. The third horse actually won one race, placed and showed in a couple others, but was ultimately sold because the horse could not even complete at the Grade 2 level. I also agree on anyone who calls themselves an "owner." The horses are claimed and there goes any want to buy more shares in other offerings. Get started today. You also receive a bunch of video updates of the horse - workouts, feeding, resting, etc. Ahead of Authentic's start in Saturday's Preakness, Behrens said interest has exploded . I mean I know no one is going to get rich with 0.01% ownership. Not just looking at a horse. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. MyRacehorse owned a 12.5 percent stake in the Derby colt and sold micro shares of Authentic ownership to 5,314 people almost 1,000 of whom signed up on Derby day. MyRacehorse is a company with a deliciously ironic name, for no one who buys any of their shares in a yearling they are actually units in a speculative investment trust, not shares has their own horse at all, they share a unit in it with thousands of others. ownership groups and top trainers. I cant even see the 20+ horses I own. Unfortunately, horses get injured, don't make the races, and underperform. When things like boarding, trainer costs, vet, feed, vanning, etc. Because the suckers real share of the whole horse is just 0.008%. We can tell you, as a manager of a global stable, we far prefer the handicap approach, allowing horses to be competitive and the owners to keep their horses longer, but unfortunately, that is just not the landscape here in the US. You as the unit holder pay the whole whack after that. This is the only micro share partnership for me in the future. Cant wait to see what they come up with next. Up and coming company that is going Global. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. (all numbers are approximate) Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. Prior to any investment in any Securities, you should review a copy of the current offering circular relating to those Securities included in the corresponding offering statement filed with the U.S. Securities and Exchange Commission, by visiting the following url:My Racehorse CA LLC CIK#: 000174448. Hi Paul, Sorry to hear your disappointment and we understand. That's part of the risk/reward. You have to read the fine print to get the real picture. It's also a lot of fun to own a horse and see it race (online the last 18 months - maybe in-person soon!) You'll fell more apart of the sport by just placing a few bets. My issue is I want to be involved, seeing my horse, trainer, jock and the backside so the chances of that are slim. It is just a news feed with no menu. I plan on purchasing more horses. About. Another bonus is to get brief interviews of the jockeys after the race where they explain from the jockey's view how the race went ("she had a lot of stamina left, we just got caught in traffic near the start"). See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. While most issues have legitimate . Live and learn. Some second career examples include eventing, hunter/jumper . This conclusion was arrived at by running over 65 MyRacehorse User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Best money I ever spent. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. 95 CENTS! (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). In addition to the app updates, the MyRacehorse ownership team will provide a suite of experiential services for owners. I mean I know no one is going to get rich with 0.01% ownership. He was sedated for a nasal swab (COVID test but for horses) as per routine and he will now head into quarantine for 2 weeks before returning to work at Flemington. Nextiva efax overcharged me for an entire year even before the monthly trial expired able to use the service at all . And took 10% of cost $14,000 For buying the horse. MRH is a scam! In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. Like Mike Smith said after the race, he sure has a ton of stamina and heart. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. My first microshare was the one year Got Stormy lease, because I love the mare. So are the claimed prepaid expenses of $68 out of each $165 unit share. Horses are entered into a suitable race when they are fit and healthy. The Keeneland and Farm Tours are owner favorites! Now this is my first race horse purchase but a 1000 lb animal in the stalls I've seen are always going to be next to a wall? So I saw a commercial for the the site and it had me curious. You need to get it if you want a share in a horse. Three quality prospects tailor made for one of the industry's best trainers, Chad Brown. That amount is actually correct for a 1/2000th share of 40%. 3 is the fee to trainer and then then my racehorse takes a monthly fee too.and innsurance premiums are taken out too, which comes out to $6166.66 per month or $405.47 per day. Chasing time owner, Do get the okay when the trainer has the horse in a race if it can win or not, On average how many shares does a first time boyer invest in, Sitejabbers sole mission is to increase online transparency for consumers and businesses, Sitejabber has helped over 100M consumers make better purchasing decisions online, Suspicious reviews are flagged by our algorithms, moderators, and community members. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. Once you buy in there are no added expenses. Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse. Out of that comes your jockey fee sliding scale, pony fee ($35 avg). Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys.
