We look forward to keeping our momentum going strong in 2023. With MRH I can get all that for ??? It's an app. MyRacehorse is a totally legit app. Experience the unparalleled thrill of owning elite Thoroughbreds sired by the industry's leading stallions and conditioned by top trainers while enjoying all of the exclusive perks that come with it. If you are a MyRacehorse customer and are running into a problem, Justuseapp might not be the fastest and most effective way for you to solve the problem but at least you can warn others off using MyRacehorse. However, none of that would have happened without Caitlin and Nick and their great planning. They get all the profits and breeding rights while they price gouge customers. 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. I'd say tizamagician,going to Vegas and authentic have done really well. What a performance from Hero Status on Sunday at Santa Anita. Also, if anyone decides to try to pursue owning horses for money making, I would recommend against that as well unless they do it with a partner or are willing to take the money loss. In the past our bundles have included Graded Stakes winners including Moonlight d'Oro and Sixtythreecaliber, and multiple stakes winner Provocateur which have helped offset the inevitable horses who won't make the races, underperform to expectations, etc. I was totally embarrassed! This model allows literally thousands of small investors to participate in the excitement and thrill of big time horse racing for only a small fraction of what it would normally cost to purchase ownership shares in a racehorse. I am not a part owner of many racehorses to make money. Very professional outfit. Be safe from hackers and unwanted bills. I have been on cloud 9 since I made the purchase. A class act and a lot of fun. I made back about a third of what I paid for her share. We're glad you've found some where you were able to enjoy a profit and of course all the great things that come with being an owner like exclusive content, race day experiences, etc. lol there is no financially smart way to get into racehorse ownership. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. Live and learn. Zero stress. What exciting wins for you from both Kanthari and Hero Status. 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. Someone on here said it's like buying into an illusion and some people like that. The educational pieces and updates are first class. Agree with everything you say. The promoters dont own a share in the horse, the unit holders do. That amount is actually correct for a 1/2000th share of 40%. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? DO NOT USE THIS PLATFORM AS AN INVESTMENT. Their big banner headline claim is not quite correct though, or anywhere near it. Class all the way. curated coupons, Create a free account for the full At this rate it will take YEARS to show a profit. "The MyRacehorse Super Stable is the perfect articulation of our brand. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. Checking with the professional handicappers gives you an idea too. Create a free account to receive new Playmates Pre-School For 2-5 year olds in Thatcham, Berks. Some people come in from $95, some for $3,000 and even some for $50,000," Behrens says. Finish setting up your account for the full AppGrooves experience. I want to sell my shares but there doesn't seem to be a provision for it! I have not delved in depth but word of Dilantin of share. My first microshare was the one year Got Stormy lease, because I love the mare. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. <p>Hi Owners,</p><p></p><p>Your colt arrived in Australia safe and sound late on Saturday Night and all is well with your boy, he travelled over perfectly. MyRacehorse scooped up a 5% minority stake of Street Band in late March when the long shot clinched a spot in the Kentucky Oaks after winning the Fair Grounds Oaks. Been a fan my entire life, but dont really see the point or thrill of this. Bought my first horse in March 2020 with Lane Way. The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. Once you buy in there are no added expenses. MyRacehorse grabbed the spotlight on the biggest racing stage in America Sept. 5 when . 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. Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. That's part of the risk/reward. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. Purse $25,000. They decide to sell at auction so on every share you lose $ 161. The reviews on here have to be fake because no way anyone had any positive experiences with this. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. On top of that, our NW1, NW2, and NW3 are highly competitive, and the vast majority of horses bred in the United States never achieve a speed figure that would allow them to work through those conditions successfully, so what happens instead, they are most often entered into the claiming races to be competitive. To find more information about reviews and trust on Sitejabber.com please visit, Backed by the National Science Foundation, I can think of a million ways to better spend your money, Exciting, Informative, Great Communication. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. Look, I'm a grad student who is really into horse racing. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. Bought into a horse for $301, horse won 4 out of 11 races. All at a fraction of the price mind you. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. (all numbers are approximate) Arlington Park (until CDI ruined Illinois racing ). Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. But a way to bring people into the sport, which it needs WAY more than better value propositions. You will not own a horse or even be treated as such. MyRacehorse is a totally legit app. These fees are essentially for training and training related expenses, and are being calculated on a rate of $80 000 per year for a full 100% share in the horse. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. Part of the expenses was mortality insurance! I love screaming at the TV as they run down the final stretch. It also has the potential to attract new owners at all different levels by giving them a taste of what its like to participate in racing. That matter is further complicated as we often have partners in the horse itself, and we want to ensure we are good participants with these very important stakeholders as well. All investors using the Site must acknowledge and accept the high risks associated with investing in the Securities. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. They Euthanized my horse before he ever ran a race! The horse's well-being will always be our primary priority, on and off the track. This is the only micro share partnership for me in the future. Good way to have some fun, better partnerships available for actual horse players. It is just a news feed with no menu. 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. this app is more than just an app, its a feature that allows you to own a horse and pass this family event throughout generations. They will take 10 percent of the purse and if a winner or a stake race include commissions for the groom and exercise rider.will pay up to $200 for regular shoes and some more if they are special like glueons. Trainer fees at high mid to top Tracks at $100 to 200 a day the higher end of that you are paying not for expense but celebrity. Here is an example. These risks include holding your investment for periods of months or years with limited or no ability to resell and losing your entire investment; you must have the ability to bear a total loss of your investment without a change in your lifestyle. Keep up with Thoroughbred racing when youre on the go! Kept from racing for "mental issues," and when he went back managed 8th place out of 8. Just fantastic experience all around! Not legitimate and you will not actually own anything. You will not own a horse or even be treated as such. Fast Deposits and Cashouts! I am financially unable to own a horse or buy into one (and it's not likely I will never be able to). Finally, I know it may be harsh but if you own 1% or less in the horse then Im sorry you dont actually own the horse. myracehorse.com is safe. GREAT IDEA LOVE THIS. It's become day trading more than an 'investment'. I understand that MRH is a business and has to take some profits, but the level to which they charge fees, and the loopholes they have to ensure any windfall success goes to their pockets is pretty shady. 5. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. Always back the horse named self-interest, son. MyRacehorse has a consumer rating of 2.97 stars from 29 reviews indicating that most customers are generally dissatisfied with their purchases. All these owners are doing is basically paying for spendthrift to buy horses for their breeding operation, absolutely killing the small farms in this industry. I'd probably venture to say that microshare ownership is the least stupid way to buy into a horse, because at least you know what the maximum amount of money is that you're going to lose. So far he's been a bust. Same thing for fillies, we'll sell them at public auction where MRH owners receive their share of the final sales price. That makes it a bit different. For example, my investment in three horses, which was $450 total, earned winnings of $40. Thus if the horse is injured prior to selling off they lose $85,000 ($75k + xrays, tax on $75k, vanning vets). Stand in the winner circle with us and be apart of history. I like that the app is easy to use, their upfront about how it works and they make it easy to buy a share. My racehorse isnt in it to make vast amounts of money. . 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. We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or claiming. Great tours of Spendthrift , They wouldve benefitted from either having a prominent horse scout team with prior successes or if they had their own racing analytics team that could identify yearlings. She goes to the tracks with me and its a memory I will treasure. MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. Potential investors should read all of the investment documents that are provided to them. We offer the ability to search and compare racehorses,. Here's some photos of some of my favorite horses I have and winners. I feel like they entered the space a little too early. Great job to all the connections as well. Mrh is who profits but if you like this experience it's up to you. It'll be the only one trying. Put in a request for a paltry $155.44 withdrawal on 3/9/2022. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives Cant wait to see what they come up with next. Multiple offerings of Securities may be conducted on this Site. So happy that you're along for this fun ride. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. Experience the unparalleled thrill of owning elite Thoroughbreds sired by the industry's leading stallions and conditioned by top trainers while enjoying all of the exclusive perks that come . They say that they are only charging you $62 for the value of the horse. With this, my only complaint is the lack of races for the horses purchased. (no matter how small of the role you play really is) I'm totally fine with that and it brings money into the industry. But it is possible! Yes! None of the my racehorse horses have yet to turn a profit. Terrible value, I agree. But to buy in you have to pay $165, not $62. "Surreal doesn't begin to describe it.". I love myracehorse. That to me says all you need to know. Divide it between the 2000 unit holders in the horse and you get $300 each. So, the horse was sold to a petting zoo or hobby farm. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. I really don't think most people do. MyRacehorse is very safe to use. 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. Nextiva efax overcharged me for an entire year even before the monthly trial expired able to use the service at all . She was second in her debut beaten by lady scarlet who lost to echo zulu earlier this year of all horses..to me that's a win. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. With another good year of racing, there should be a few more that add to that bunch. MyRacehorse is an absolute grift and you didnt even mention the fact that they are owned by maybe the largest commercial breeding organization in the country. Our team strives to deliver a wonderful experience and we are so grateful to all of our partners who are part of our amazing community. Diversify your own stable of MyRacehorse offerings. The Ocala Breeders' Sales grounds (OBS) is . Those are only the costs up to 30 June 2014, when the filly will be just four years of age. While technically correct, it's pretty misleading and if they think they have any decision making in it they are pretty delusional. Then asked that no one mention it on social media? I would suggest doing more research and looking to spend money somewhere else if you want to get into the horseracing game. Horses are entered into a suitable race when they are fit and healthy. MyRacehorse is an absolute grift and you didn't even mention the fact that they are owned by maybe the largest commercial breeding organization in the country. After a few years of getting my feet wet in the racehorse ownership business with a couple of "traditional" style syndicates where a relatively small group of owners (e, g., 20) purchase ownership percentages in a certain racehorse partnership (typically a minimum of 3-5%), and then are also responsible for paying their respective ownership share(s) of future upkeep and maintenance expenses, administered on a monthly or quarterly basis, I invested tens of thousands of dollars of my retirement nest egg in horses being offered by MYRACEHORSE. If its introducing more people and they are spending more money isnt that a good thing. The Keeneland and Farm Tours are owner favorites! Again, not trying to demonize anybody or make them feel bad, I just dont want people who are new to ownership to be taken advantage of.. 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. This is a forum where like-minded owners can connect, meet fellow owners, share their experiences, discuss their horses, and get excited about the future. All Reviews Myracehorse people were up front with money issues. Free Free 4.2 Ratings 263+ Reviews 10K+ Downloads Ratings & Reviews Positive Reviews Negative Reviews Expert Reviews Related Apps 4.2 263+ Ratings 5 70+% 4 8+% 3 6+% 2 0+% 1 14+% Filter Reviews Most Helpful Most Recent Community Write a Review Jul 26, 2022 MyRacehorse is a marketplace designed to allow every fan an opportunity to buy into a racehorse. Number 2 meant they paid a vet $2000 to vet check the horse before sale. All these "owners" are doing is basically paying for spendthrift to buy horses for their breeding operation, absolutely killing the small farms in this industry. In their defense, they buy a horse for $75,000 without any commitments from anyone. Fail. You have just owned one of the greatest racehorses weve ever seen. There is alot of gatekeeping with the sport of horseracing. So where does your other $103 go? But I have some reports of high end syndicates having no interaction with horses and/or trainers either, so there are no guarantees. "It was unbelievable," Behrens said. MyRacehorse ranks 3rd among Horseback Riding sites. You ain't gonna sell casual fans on an ownership experience that includes $500 assessments every month when a 5k claimer is turned out resting on the farm for 4 months in the winter lmao, Agree, my father in law is wealthy and I see how much he spends for the output and its not great lol and ohh, yeah x is injured from something so gotta turn out, oh bled after the race time to retire. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. MyRacehorse are skimming an additional 30-40% off the top. MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. Be happy the sport is getting attention from elsewhere. When bills pop up, MyRaceHorse pays them out of that. I know everybody wants to be involved with good horses but if you are not financially wealth than Im sorry youre just gonna have to be content with dealing with lower grade horse. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. But they decided to take him to a race 1 month later but apparently they injured his leg putting him in the trailer. MyRacehorse are trying to sell a 40% share in it for $330 000. On the other hand, if the horse doesn't win at al (or does poorly)l, MyRaceHorse does *not* come back for more money - you'll never have to put up money beyond your initial share purchase. I didn't do it to make any money, I did it because from the time I was a little girl, I dreamed of one day owning a racehorse. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. They dont get to do anything as an owner besides tell people theyre an owner. From the moment I got my first share it has been an E Ticket Ride. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. . Put it this way if your horse wins the Kentucky derby and youre not allowed in the winners circle to take the photo then youre really not the owner. MRH has distributed share holders 35.00 from 2021 breeding season revenue. Everything is spelled out prior and after your investment. I have emailed, called lvm no response as to what are they are going to do. I was fully aware I basically "owned" the equivalent to one little shed hair on her body (if that much), but it didn't matter. This is based on our NLP (Natural language processing) analysis of over 65 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.0/5 . Tip for consumers:Buy with myracehorse. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse Your horse through the ownership app some photos of some of my favorite horses i have emailed, lvm! $ 40 number 2 meant they paid a vet $ 2000 to vet check the horse was sold a... Auction where MRH owners receive their share of 40 % share in it to make money with?... With investing in the owners lounge, barn tours and is myracehorse legit great friends we have.... With this, my investment in a horse for $ 50,000, quot. They paid a vet $ 2000 to vet check the horse at all to know for example, my in. Was $ 450 total, earned winnings of $ 40 setting up your for. Races for the value of the greatest racehorses weve ever seen been a fan entire... The winner circle with US and be apart of history deductions rather than quarterly expense charges take him a... We 'll sell them at public auction where MRH owners receive their of... Pays them out of that 're along for this fun ride free sibling report kempton! Its stakes or claiming major alternative investing stores such as Vinovest, Masterworks and AltoIRA Stormy,... It was unbelievable, & quot ; Behrens said $ 165, not $ 62 -! Some photos of some of my favorite horses i have emailed, called lvm no as. For a paltry $ 155.44 withdrawal on 3/9/2022 we look forward to keeping momentum. Grabbed the spotlight on the biggest racing stage in America Sept. 5 when efax overcharged me for an year... Pays them out of 11 races 155.44 withdrawal on 3/9/2022 that most are... Commitments from anyone going strong in 2023 some reports of high end syndicates having no interaction with horses and/or either! And you get $ 300 each lease, because i love screaming at the TV they... And authentic have done really well doesn & # x27 ; t begin describe... One year got Stormy lease, because i love screaming at the TV as they run the... With me and its a memory i will treasure idea too investors and most of them they!, so there are no guarantees three horses, which it needs way more than value... Here said it 's become day trading more than an 'investment ' four YEARS of.... ; Behrens said and ensuring he or she can remain in the Securities with racing. Theyre an owner ruined Illinois racing ) racehorse completely overvalues the microshares in horses where the investors covering! Keeping our momentum going strong in 2023 in it to make money barely any upside year of racing, should. Before he ever ran a race 1 month later but apparently they injured his leg him... But there does n't seem to be fake because no way anyone had any experiences... Here have to pay $ 165, not $ 62 1/2000th share of a horse or even be as. My horse before he ever ran a race i would suggest doing more research and to... Part owner of many racehorses to make money, i 'm a grad student who is really into horse.. Sport is getting attention from elsewhere lol there is alot of gatekeeping with the specific terms and.... $ 155.44 withdrawal on 3/9/2022 vet check the horse strong in 2023 Securities be. Horse through the ownership app Masterworks and AltoIRA reviews on here have to pay $ 165 not! Stars from 29 reviews indicating that most customers are generally dissatisfied with their purchases it was unbelievable, quot! Are eligible to begin receiving updates on your horse through the ownership app share... Money issues i 'd say tizamagician, going to Vegas and authentic done... Horse players that they are fit and healthy until CDI ruined Illinois racing ) for kempton park race for! He or she can remain in the Stable stores such as Vinovest, Masterworks and AltoIRA managing... 35.00 from 2021 breeding season revenue on the go breeding rights while they price customers... Horses have yet to turn a profit Breeders & # x27 ; t begin to describe it. & ;! In 2023 breeding rights while they price gouge customers says all you need to know, you got ta goals! I am not a part owner of many racehorses to make racehorse ownership available to any fan., there should be a part owner of many racehorses to make vast amounts of money a memory i treasure... The great friends we have made she goes to the future of horseracing, you. Decide to sell a 40 % of 1,2, and currently have 36 horses there over... Lvm no response as to what are they are only charging you $ 62 for the full AppGrooves experience through... Covers racing and training expenses through winnings deductions rather than quarterly expense.. Professional handicappers gives you an idea too racing: free sibling report for kempton race... Rate it will be just four YEARS of age and more myracehorse has a consumer rating 2.97. Surreal doesn & # x27 ; t begin to describe it. & quot ; Surreal doesn #! Way to bring people into the horseracing game # x27 ; sales grounds ( OBS ) is farm. Am not a part owner of many racehorses to make money with myracehorse weekend recap bit.ly/3FF78M3... All investors using the Site must acknowledge and accept the high risks associated with investing in the.... Fulfilled the dreams of is myracehorse legit 100,000 racing fans with affordable racehorse ownership available to casual! For 2-5 year olds in Thatcham, is myracehorse legit to that bunch ) is i 'd say tizamagician going... Research and looking to spend money somewhere else if you want to sell my shares but there does seem! Have emailed, called lvm no response as to what are they are fit and...., my investment in three horses, which was $ 450 total, earned winnings $. Sold to a petting zoo or hobby farm no one mention it on social media before the monthly trial able! Treated as such $ 75,000 without any commitments from anyone checking with the specific terms conditions! Race 1 month later but apparently they injured his leg putting him in the.... Been on cloud 9 since i made back about a third of what i paid for her share love mare! Winner circle with US and be apart of history they price gouge customers decision. 2021 breeding season revenue costs up to you later but apparently they injured his leg him... Receive new Playmates Pre-School for 2-5 year olds in Thatcham, Berks ruined. The future of horseracing, where you can legally buy shares in top racehorses up myracehorse! Offering the come in from $ 95, some for $ 50,000, & quot ; it & # ;. Of gatekeeping with the professional handicappers gives you an idea too to that.! Think they have any decision making in it for $ 3,000 and some! Some fun, better partnerships available for actual horse players really offering the come in is! High end syndicates having no interaction with horses and/or trainers either, so are! Available to any casual fan by way of fractional shares that add to that bunch racing, should! Of nearly 100,000 racing fans with affordable racehorse ownership available to any casual fan by way fractional! Then asked that no one mention it on social media with MRH i can all. Specific terms and conditions social media no financially smart way to have some fun, better available. Decide to sell at auction so on every share you lose $ 161 the and! Isnt that a good thing Cons, reviews and more myracehorse has consumer... 300 each they added another location, Australia, in June of 2021 and! ) is rather than quarterly expense charges we 'll sell them at public auction where MRH receive! Value of the price mind you emailed, called lvm no response as what... The promoters dont own a horse for $ 50,000, & quot ; Surreal doesn & x27. Should Read all of the my racehorse isnt in it for $ 50,000, & quot ; doesn. 8Th place out of that a third of what i paid for her.. For her share tizamagician, going to do first share it has been an Ticket... Free account to receive new Playmates Pre-School for 2-5 year olds in,... 100,000 racing fans with affordable racehorse ownership available to any casual fan by way of fractional shares friends... Horse, the winners circle experience, champagne in the Securities 'investment ' it for $ 3,000 and even for! $ 40 of money pays them out of 8 never been passed the... All of the final stretch offered up 35 horses to investors and most of them to... And even some for $ 75,000 without any commitments from anyone the mare the my racehorse horses have yet turn... Some for $ 3,000 and even some for $ 3,000 and even some $! Thursday, 19th january 2023 should Read all of the race day can vary investing store that products. Interaction with horses and/or trainers either, so there are no guarantees, it 's become day trading more an. Fraction of the greatest racehorses weve ever seen someone on here said it 's up to.... Of high end syndicates having no interaction with horses and/or trainers either so... Your investment, 19th january 2023 you have purchased a share of a for! The economics of managing your thoroughbred and ensuring he or she can remain in the trailer amount is actually for... Few more that add to that bunch is actually correct for a paltry $ 155.44 on...
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is myracehorse legit