Investor beware. Here's to keeping the momentum going! They say that they are only charging you $62 for the value of the horse. Multiple offerings of Securities may be conducted on this Site. Seat at the track were on the finish line, food was tasty and great service. Search. The ad has an invalid phone number, or one that goes to a fax machine or other business. Invest a modest amount (or more) in the race horse prospects offered. Arlington Park (until CDI ruined Illinois racing ). 5. Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. Thanks again!! We look forward to keeping our momentum going strong in 2023. Hi Penelope, we ecstatic to read your comments; thank you. Excited does not even begin to describe how keen we are to see your . Potential investors should read all of the investment documents that are provided to them. Seeing them lifts my days. I always loved the sport and this brings a whole new level of being apart of it! As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. It is just a news feed with no menu. MyRacehorse grabbed the spotlight on the biggest racing stage in America Sept. 5 when . What's the sense of investing tens of thousands of dollars in a horse(s) if you can't get the opportunity to see it(them) up close and personal. Looking forward to the future with MRH. See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. I own one micro-share in 8 different horses. Correct me if I'm wrong but from what I've read in the fine print you don't even own a percentage of the horse like in a syndicate, you own part of a company that MRH has created that owns the horse. About. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. My horses have been ill, injured or recuperating. The reality is that this is one of the most challenging dynamics our team must navigate; balancing the desire to keep our horses in the stable so the owners can enjoy and race them and also knowing when to make them available in claiming races or even a sale/auction. Yes! Yes, I am very pleased with Myracehorse. How the hell can a company that doesnt own a horse take 1/8th of the sale price if its sold? Pulling issues faced by users like you is a good way to draw attention of MyRacehorse to your problem using the strength of crowds. Wow, you just completely destroyed the app with this update. When bills pop up, MyRaceHorse pays them out of that. Just blindly bought into this dream of owning a fraction! Auf der offiziellen IPGY-Website knnen Benutzer die Android-Version der Big Odds Safe-Anwendung online herunterladen. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! I am not sure of the extent of the ownership with the shares that I have , If MRH owns these horses throughout their racing careers and into the breeding sheds ,do the shareholders reap any of the benefits from the breeding ? Maybe start off slow and go from there. Learn about the racing business and feel and BE a part of it. I love myracehorse. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. My horses have been ill or injured or recuperating. 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. Eh - Im a member and have had a lot of fun with it. Because the suckers real share of the whole horse is just 0.008%. Anyway they took him to the vet and put him down. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. Your cash outlay is finished the day you buy into a MyRacehorse horse. She has since had 15 starts after leaving MRH ownership. Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. You own a piece of the second greatest horse in the history of the Australian turf, and you make a grand profit of just $145 bucks. Paddocks are dangerous places. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. Your real card info stays hidden. I bought a few shares of a horse (Collusion Illusion) last year. You are strongly advised to consult your legal, tax and financial advisors before investing. I completely understood what it was going in. It is just a news feed with no menu. Three quality prospects tailor made for one of the industry's best trainers, Chad Brown. As you see in the picture at the top, MyRacehorse is offering what they claim to 0.2% shares in this Extreme Choice filly for $165, all expenses included. But it is possible! I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. OurRacehorse would be a far more appropriate name for the title, although the truth be known OurBigSkim would be the best name of all, and the closest to the truth. What exciting wins for you from both Kanthari and Hero Status. Authentic will likely bring me about $600 to $1,000 annually in future income through stud fees. As to your point about pricing, 100% accurate but consider this (BTW I called out Red Feather 20 years ago about their markup, it was egregious) but their goal was to make $$ without any risk. The first thing any proceeds do is top off the reserve account for expensive. Which means that if like Winx it races until its 7-year-old season you have to pay another $204. Bills can be upwards of a $1000 a month and can be higher. . Featured dangers from annoying pop-ups to hidden Trojans, that can steal your identity, will be revealed. 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 . Not only can you own a horse but you can be rest assured that their well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7.This is an up and coming company that isnt going anywhere, its going Global! Claim your listing for free to respond to reviews, update your profile and manage your listing. My first filly was claimed after 3 races in which she had wins and placing. The best way to buy a racehorse is to join a syndicate or racing club and buy a stake in your own racehorse, says Emma Lunn. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. 20 percent of your money is being paid to the promoters as a management fee. I do own a share in Tizamagician which just happens to be 1 of 5 horses that myracehorse has turned a profit on, but their product should be viewed strictly for entertainment purposes. Not worth it First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. $1000. While making a profit in the industry is very difficult, it is possible. I read some of the reviews from the site but I am sure they hand pick what goes on there so was hoping to get more of an unbridled response here. Yes. Just imagine what their payout would be for a horse that's NOT this great! Purse $25,000. She goes to the tracks with me and its a memory I will treasure. You are paying $68 every year after that for every year it races on. Because the suckers real share of the whole horse is just 0.008%. 1st class operation. The victory gave 5,314 people unprecedented and legitimate bragging rights to owning a Kentucky Derby . Every owner (whether your with MRH or doing it on your own) will end up with those circumstances. Agree with everything you say. Part of the expenses was mortality insurance! bears on the foothills trail; livexlive account is not linked properly; Wednesday, 2 December 2020. These prospects have ties to some of racing's biggest. Welcome to the MyRacehorse Australia Owners Group. "It's price point accessible, so come in for whatever you want. Terrible value, I agree. If they don't respond we plan to file a complaint with the SEC. I could go on for an hour but just cogitate there first. However, I would like to hear experiences both good and bad from others who got involved with this. This has not been the positive experience I had hoped for. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. Tip for consumers:Buy with myracehorse. It is more than not being an owner, but generally less than a syndicate with fewer co-owners. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. IS Going to Vegas And Justify the only two that have returned a positive return? Allow me to illustrate this with a simple example. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. That's value for money isn't it? To buy into her you pay $179 per share which gives you 0.05% of here which means 100% is 2000 of these shares. 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. Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. Great tours of Spendthrift , Their big banner headline claim is not quite correct though, or anywhere near it. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. But a way to bring people into the sport, which it needs WAY more than better value propositions. We saw and got pictures with 2 triple crown winners. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. 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. Dont shit on peoples parades because they are small share owners who arent millionaires. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. Is it Legit? Please fix this. "The MyRacehorse Super Stable is the perfect articulation of our brand. Fast Deposits and Cashouts! It doesnt bring money into the industry. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. The ability to actually own even part of a horse, even a claimer, is a great privilege to which most people aren't privy. I buy a Lotto ticket each week and believe that I will never win. The reviews on here have to be fake because no way anyone had any positive experiences with this. MyRacehorse has a consumer rating of 3.18 stars from 22 reviews indicating that most customers are generally satisfied with their purchases. It's a GREAT concept. This whole thing is a rort, a scam, and a con. 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. Acquisition Costs: $3 As you may know, we have large stables throughout the United States, the United Kingdom, and Australia, managing over 120 horses for more than 50,000 owners. Terrible experience from start to finish. That's just the start of the shake, the intro to the grift. We will certainly keep purchasing shares in future offerings! They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. For more information, please see our Ive told people if you enjoy racing and understand the game owning a horse (or part) is amazing. 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. Prevention Platform. MyRacehorse are skimming an additional 30-40% off the top. 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 . I have owned them 100% and owned them in Partnerships. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Unfortunately, horses get injured, don't make the races, and underperform. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. Thats just the start of the shake, the intro to the grift. and our Good luck with your horses. Myracehorse people were up front with money issues. You are only six questions away before we can help you to get started! Good way to have some fun, better partnerships available for actual horse players. I am in it for the excitement and fun. is myracehorse legit. Tip for consumers:Think twice ! 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. coupons for your favorites apps every week. This is not legitimate and you will not actually own anything. MyRacehorse is a totally legit app. For the money paid, the bad news just seems to layer every week. Unbelievable me and few friends invested in what they promoted as great blood line 2yr old colt that ran one of the fastest times ever at the auction. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. 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 MRH marketplace connects buyers and . Not legitimate and you will not actually own anything. Your high end trainers it can be significantly higher. No trainer charges $80 000 a year. HOWEVER, Those who become " partners " in this micro stock share venture soon realize that the ONLY one who is making any money is the owners--MyRaceHorse, and Spendthrift Farms. Weight, 122 Lbs. curated coupons, Create a free account for the full Press question mark to learn the rest of the keyboard shortcuts. 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. IF it earns the $20 million before it turns 4 and 3/4. So far their customers are getting sucked into high priced yearlings with poor pedigree ratings and race records. Best money I ever spent. With MRH I can get all that for ??? MyRacehorse is excited to offer owners the chance to enjoy an unforgettable opportunity to see their two-year olds and experience the magic and tradition of one of racing's most important venues in Ocala, Florida. 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. Those seeking another level of ownership experience can purchase a race day ownership badge. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. 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. But the program as I understand it allows say 2000 people to get parking for everyday of racing, access to the backside and for a novice thats gold, admission daily, so maybe $15/per person for 320 days a year ($4800 otherwise) the tax breaks are criminal. <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. I'm an owner who loves watching my thoroughbreds racing at the top of their game. And get similar app recommendations worth your time. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. Is MyRacehorse Legit? I have owned racehorses for over 50 years. I know quite a few people in this industry and can get a more personal experience elsewhere. 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. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. I had always hoped to own Racehorses and this app gave me an opportunity to own part of a Racehorse that has Tremendous Potential to be Great. This is their payout for a horse that's a major, top money maker. So are the claimed prepaid expenses of $68 out of each $165 unit share. Eventually, I will have a positive ROI with him. They absolutely do not get backside access. They were educated and informative but engaging and personable. Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. 996 talking about this. So are the claimed prepaid expenses of $68 out of each $165 unit share. We hope you continue to enjoy the ride! Who collects that? 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. Be Kind and Courteous MyRacehorse are skimming an additional 30-40% off the top. My Racehorse is a great opportunity for entertainment. It gets better, or worse as the case may be. Last, Tracks have been accommodating to share holders. Hi Dan, thank you! Why? 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. Always back the horse named self-interest, son. Let's just take the first offering on the front page. Face it, if someone is looking for a good "value", then there are a lot better ways to invest money than racehorses, no matter what the format of the investment. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. 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. You can always find ownership information disclosed on the horse's offering page. You have to read the fine print to get the real picture. So he couldn't run. Kept from racing for "mental issues," and when he went back managed 8th place out of 8. For additional commentary, follow us on twitter @jsiegelracing. Acquisition Costs:$8 - Includes Vet Check and Bloodstock Fee, 3. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. Cheers. one of Dortmunds last crop of foals. Costs of ownership are very expensive and most horses won't earn enough to cover their training and care costs, let alone their purchase price. In Australia and the UK, claiming races are not particularly prevalent; instead, they lean on handicapped races, allowing owners to place their horses in competitive spots, regardless of their class, with a chance to win and earn purse money. 1. She raced a couple days ago and did an amazing job! Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. MyRacehorse are trying to sell a 40% share in it for $330 000. "It's equity-based. 20 percent of your money is being paid to the promoters as a management fee. One of their top horses finished third in a $ 300,000 race. Horse value: $62 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. Then I went to see her run at a MyRacehorse event and I was hooked! But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. 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. 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. MyRacehorse ranks 2nd among Horseback Riding sites. The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. We had a great weekend with My Racehorse. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. How does my racehorse work? Mrh is who profits but if you like this experience it's up to you. 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. It was no hidden secret. I also agree on anyone who calls themselves an "owner." Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. Is MyRacehorse not working? MyRacehorse is very safe to use. 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. Now I can focus on that private jet . Are you sure you want to delete your app review? While most issues have legitimate . But to buy in you have to pay $165, not $62. We use cookies for analytics, personalization, and ads. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse One of the three horses never even made it to a race because the horse had absolutely no interest in racing. I plan on purchasing more horses. MyRaceHorse a new app that lets fans purchase minority stakes in horses as easily as they can buy a beer and hot dog at their local track is angling to "democratize" the snooty business of horse ownership, says co-founder Michael Behrens. MRH has distributed share holders 35.00 from 2021 breeding season revenue. Just fantastic experience all around! The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. World's #1 Fraud. What I didn't think through enough before I made my investment switchover to MYRACEHORSE is something that should have been a front and center consideration in my thinking and that is good customer service, or lack thereof. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? For example, my investment in three horses, which was $450 total, earned winnings of $40. Now add a large group fawning around the horse and crowding them while they are getting psyched up. You get a "microshare" level of the horse owner's experience. Hi Ronald, So great to hear you're enjoying your experience. Justuseapp Safety Score for MyRacehorse Is 40.5/100. OurRacehorse would be a far more appropriate name for the title, although the truth be known OurBigSkim would be the best name of all, and the closest to the truth. Live and learn. Everything is spelled out prior and after your investment.
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Investor beware. Here's to keeping the momentum going! They say that they are only charging you $62 for the value of the horse. Multiple offerings of Securities may be conducted on this Site. Seat at the track were on the finish line, food was tasty and great service. Search. The ad has an invalid phone number, or one that goes to a fax machine or other business. Invest a modest amount (or more) in the race horse prospects offered. Arlington Park (until CDI ruined Illinois racing ). 5. Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. Thanks again!! We look forward to keeping our momentum going strong in 2023. Hi Penelope, we ecstatic to read your comments; thank you. Excited does not even begin to describe how keen we are to see your . Potential investors should read all of the investment documents that are provided to them. Seeing them lifts my days. I always loved the sport and this brings a whole new level of being apart of it! As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. It is just a news feed with no menu. MyRacehorse grabbed the spotlight on the biggest racing stage in America Sept. 5 when . What's the sense of investing tens of thousands of dollars in a horse(s) if you can't get the opportunity to see it(them) up close and personal. Looking forward to the future with MRH. See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. I own one micro-share in 8 different horses. Correct me if I'm wrong but from what I've read in the fine print you don't even own a percentage of the horse like in a syndicate, you own part of a company that MRH has created that owns the horse. About. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. My horses have been ill, injured or recuperating. The reality is that this is one of the most challenging dynamics our team must navigate; balancing the desire to keep our horses in the stable so the owners can enjoy and race them and also knowing when to make them available in claiming races or even a sale/auction. Yes! Yes, I am very pleased with Myracehorse. How the hell can a company that doesnt own a horse take 1/8th of the sale price if its sold? Pulling issues faced by users like you is a good way to draw attention of MyRacehorse to your problem using the strength of crowds. Wow, you just completely destroyed the app with this update. When bills pop up, MyRaceHorse pays them out of that. Just blindly bought into this dream of owning a fraction! Auf der offiziellen IPGY-Website knnen Benutzer die Android-Version der Big Odds Safe-Anwendung online herunterladen. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! I am not sure of the extent of the ownership with the shares that I have , If MRH owns these horses throughout their racing careers and into the breeding sheds ,do the shareholders reap any of the benefits from the breeding ? Maybe start off slow and go from there. Learn about the racing business and feel and BE a part of it. I love myracehorse. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. My horses have been ill or injured or recuperating. 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. Eh - Im a member and have had a lot of fun with it. Because the suckers real share of the whole horse is just 0.008%. Anyway they took him to the vet and put him down. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. Your cash outlay is finished the day you buy into a MyRacehorse horse. She has since had 15 starts after leaving MRH ownership. Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. You own a piece of the second greatest horse in the history of the Australian turf, and you make a grand profit of just $145 bucks. Paddocks are dangerous places. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. Your real card info stays hidden. I bought a few shares of a horse (Collusion Illusion) last year. You are strongly advised to consult your legal, tax and financial advisors before investing. I completely understood what it was going in. It is just a news feed with no menu. Three quality prospects tailor made for one of the industry's best trainers, Chad Brown. As you see in the picture at the top, MyRacehorse is offering what they claim to 0.2% shares in this Extreme Choice filly for $165, all expenses included. But it is possible! I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. OurRacehorse would be a far more appropriate name for the title, although the truth be known OurBigSkim would be the best name of all, and the closest to the truth. What exciting wins for you from both Kanthari and Hero Status. Authentic will likely bring me about $600 to $1,000 annually in future income through stud fees. As to your point about pricing, 100% accurate but consider this (BTW I called out Red Feather 20 years ago about their markup, it was egregious) but their goal was to make $$ without any risk. The first thing any proceeds do is top off the reserve account for expensive. Which means that if like Winx it races until its 7-year-old season you have to pay another $204. Bills can be upwards of a $1000 a month and can be higher. . Featured dangers from annoying pop-ups to hidden Trojans, that can steal your identity, will be revealed. 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 . Not only can you own a horse but you can be rest assured that their well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7.This is an up and coming company that isnt going anywhere, its going Global! Claim your listing for free to respond to reviews, update your profile and manage your listing. My first filly was claimed after 3 races in which she had wins and placing. The best way to buy a racehorse is to join a syndicate or racing club and buy a stake in your own racehorse, says Emma Lunn. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. 20 percent of your money is being paid to the promoters as a management fee. I do own a share in Tizamagician which just happens to be 1 of 5 horses that myracehorse has turned a profit on, but their product should be viewed strictly for entertainment purposes. Not worth it First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. $1000. While making a profit in the industry is very difficult, it is possible. I read some of the reviews from the site but I am sure they hand pick what goes on there so was hoping to get more of an unbridled response here. Yes. Just imagine what their payout would be for a horse that's NOT this great! Purse $25,000. She goes to the tracks with me and its a memory I will treasure. You are paying $68 every year after that for every year it races on. Because the suckers real share of the whole horse is just 0.008%. 1st class operation. The victory gave 5,314 people unprecedented and legitimate bragging rights to owning a Kentucky Derby . Every owner (whether your with MRH or doing it on your own) will end up with those circumstances. Agree with everything you say. Part of the expenses was mortality insurance! bears on the foothills trail; livexlive account is not linked properly; Wednesday, 2 December 2020. These prospects have ties to some of racing's biggest. Welcome to the MyRacehorse Australia Owners Group. "It's price point accessible, so come in for whatever you want. Terrible value, I agree. If they don't respond we plan to file a complaint with the SEC. I could go on for an hour but just cogitate there first. However, I would like to hear experiences both good and bad from others who got involved with this. This has not been the positive experience I had hoped for. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. Tip for consumers:Buy with myracehorse. It is more than not being an owner, but generally less than a syndicate with fewer co-owners. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. IS Going to Vegas And Justify the only two that have returned a positive return? Allow me to illustrate this with a simple example. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. That's value for money isn't it? To buy into her you pay $179 per share which gives you 0.05% of here which means 100% is 2000 of these shares. 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. Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. Great tours of Spendthrift , Their big banner headline claim is not quite correct though, or anywhere near it. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. But a way to bring people into the sport, which it needs WAY more than better value propositions. We saw and got pictures with 2 triple crown winners. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. 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. Dont shit on peoples parades because they are small share owners who arent millionaires. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. Is it Legit? Please fix this. "The MyRacehorse Super Stable is the perfect articulation of our brand. Fast Deposits and Cashouts! It doesnt bring money into the industry. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. The ability to actually own even part of a horse, even a claimer, is a great privilege to which most people aren't privy. I buy a Lotto ticket each week and believe that I will never win. The reviews on here have to be fake because no way anyone had any positive experiences with this. MyRacehorse has a consumer rating of 3.18 stars from 22 reviews indicating that most customers are generally satisfied with their purchases. It's a GREAT concept. This whole thing is a rort, a scam, and a con. 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. Acquisition Costs: $3 As you may know, we have large stables throughout the United States, the United Kingdom, and Australia, managing over 120 horses for more than 50,000 owners. Terrible experience from start to finish. That's just the start of the shake, the intro to the grift. We will certainly keep purchasing shares in future offerings! They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. For more information, please see our Ive told people if you enjoy racing and understand the game owning a horse (or part) is amazing. 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. Prevention Platform. MyRacehorse are skimming an additional 30-40% off the top. 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 . I have owned them 100% and owned them in Partnerships. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Unfortunately, horses get injured, don't make the races, and underperform. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. Thats just the start of the shake, the intro to the grift. and our Good luck with your horses. Myracehorse people were up front with money issues. You are only six questions away before we can help you to get started! Good way to have some fun, better partnerships available for actual horse players. I am in it for the excitement and fun. is myracehorse legit. Tip for consumers:Think twice ! 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. coupons for your favorites apps every week. This is not legitimate and you will not actually own anything. MyRacehorse is a totally legit app. For the money paid, the bad news just seems to layer every week. Unbelievable me and few friends invested in what they promoted as great blood line 2yr old colt that ran one of the fastest times ever at the auction. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. 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 MRH marketplace connects buyers and . Not legitimate and you will not actually own anything. Your high end trainers it can be significantly higher. No trainer charges $80 000 a year. HOWEVER, Those who become " partners " in this micro stock share venture soon realize that the ONLY one who is making any money is the owners--MyRaceHorse, and Spendthrift Farms. Weight, 122 Lbs. curated coupons, Create a free account for the full Press question mark to learn the rest of the keyboard shortcuts. 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. IF it earns the $20 million before it turns 4 and 3/4. So far their customers are getting sucked into high priced yearlings with poor pedigree ratings and race records. Best money I ever spent. With MRH I can get all that for ??? MyRacehorse is excited to offer owners the chance to enjoy an unforgettable opportunity to see their two-year olds and experience the magic and tradition of one of racing's most important venues in Ocala, Florida. 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. Those seeking another level of ownership experience can purchase a race day ownership badge. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. 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. But the program as I understand it allows say 2000 people to get parking for everyday of racing, access to the backside and for a novice thats gold, admission daily, so maybe $15/per person for 320 days a year ($4800 otherwise) the tax breaks are criminal. <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. I'm an owner who loves watching my thoroughbreds racing at the top of their game. And get similar app recommendations worth your time. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. Is MyRacehorse Legit? I have owned racehorses for over 50 years. I know quite a few people in this industry and can get a more personal experience elsewhere. 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. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. I had always hoped to own Racehorses and this app gave me an opportunity to own part of a Racehorse that has Tremendous Potential to be Great. This is their payout for a horse that's a major, top money maker. So are the claimed prepaid expenses of $68 out of each $165 unit share. Eventually, I will have a positive ROI with him. They absolutely do not get backside access. They were educated and informative but engaging and personable. Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. 996 talking about this. So are the claimed prepaid expenses of $68 out of each $165 unit share. We hope you continue to enjoy the ride! Who collects that? 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. Be Kind and Courteous MyRacehorse are skimming an additional 30-40% off the top. My Racehorse is a great opportunity for entertainment. It gets better, or worse as the case may be. Last, Tracks have been accommodating to share holders. Hi Dan, thank you! Why? 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. Always back the horse named self-interest, son. Let's just take the first offering on the front page. Face it, if someone is looking for a good "value", then there are a lot better ways to invest money than racehorses, no matter what the format of the investment. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. 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. You can always find ownership information disclosed on the horse's offering page. You have to read the fine print to get the real picture. So he couldn't run. Kept from racing for "mental issues," and when he went back managed 8th place out of 8. For additional commentary, follow us on twitter @jsiegelracing. Acquisition Costs:$8 - Includes Vet Check and Bloodstock Fee, 3. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. Cheers. one of Dortmunds last crop of foals. Costs of ownership are very expensive and most horses won't earn enough to cover their training and care costs, let alone their purchase price. In Australia and the UK, claiming races are not particularly prevalent; instead, they lean on handicapped races, allowing owners to place their horses in competitive spots, regardless of their class, with a chance to win and earn purse money. 1. She raced a couple days ago and did an amazing job! Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. MyRacehorse are trying to sell a 40% share in it for $330 000. "It's equity-based. 20 percent of your money is being paid to the promoters as a management fee. One of their top horses finished third in a $ 300,000 race. Horse value: $62 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. Then I went to see her run at a MyRacehorse event and I was hooked! But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. 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. 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. MyRacehorse ranks 2nd among Horseback Riding sites. The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. We had a great weekend with My Racehorse. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. How does my racehorse work? Mrh is who profits but if you like this experience it's up to you. 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. It was no hidden secret. I also agree on anyone who calls themselves an "owner." Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. Is MyRacehorse not working? MyRacehorse is very safe to use. 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. Now I can focus on that private jet . Are you sure you want to delete your app review? While most issues have legitimate . But to buy in you have to pay $165, not $62. We use cookies for analytics, personalization, and ads. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse One of the three horses never even made it to a race because the horse had absolutely no interest in racing. I plan on purchasing more horses. MyRaceHorse a new app that lets fans purchase minority stakes in horses as easily as they can buy a beer and hot dog at their local track is angling to "democratize" the snooty business of horse ownership, says co-founder Michael Behrens. MRH has distributed share holders 35.00 from 2021 breeding season revenue. Just fantastic experience all around! The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. World's #1 Fraud. What I didn't think through enough before I made my investment switchover to MYRACEHORSE is something that should have been a front and center consideration in my thinking and that is good customer service, or lack thereof. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? For example, my investment in three horses, which was $450 total, earned winnings of $40. Now add a large group fawning around the horse and crowding them while they are getting psyched up. You get a "microshare" level of the horse owner's experience. Hi Ronald, So great to hear you're enjoying your experience. Justuseapp Safety Score for MyRacehorse Is 40.5/100. OurRacehorse would be a far more appropriate name for the title, although the truth be known OurBigSkim would be the best name of all, and the closest to the truth. Live and learn. Everything is spelled out prior and after your investment.
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