If it is not working for you, we recommend you excersise some patience and retry later or Contact Support. 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. Potential shareholders have been able to express interest . 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. 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. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. Best money I ever spent. 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. When things like boarding, trainer costs, vet, feed, vanning, etc. It'll be the only one trying. They get all the profits and breeding rights while they price gouge customers. MyRacehorse works most of the time. Bet Horse Races Legal & Safe. MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. MRH has improved in all areas. This ful Table of Contents: However, none of that would have happened without Caitlin and Nick and their great planning. The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. I have gotten a little $ back but nowhere near equal to what I paid, and that's ok. We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or claiming. 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. Of course it will be years before I know the exact financial outcome. The #1 Horse Racing site for news, free picks and the Kentucky Derby, Click the icon above to search for an app of your choice to compare. Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. 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 I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. 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. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. Is it Safe? I experienced the type of customer service you can expect with MYRACEHORSE when I recently made the trip from my home in South Florida to upstate New York to attend opening weekend of the Saratoga Thoroughbred Racehorse summer meet. You could feel more part of a horse and make more money if you bet $2 to win everytime and then just bought a win picture for $15 if the horse won. With another good year of racing, there should be a few more that add to that bunch. 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! Cant wait to see what they come up with next. It's become day trading more than an 'investment'. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 5. They dont get to do anything as an owner besides tell people theyre an owner. War Safe is on target to make a start at Turfway Park on Thursday, January 19th! Ive owned 5000 claimers that I am more proud of winning under my name, getting my picture taken in the winner circle than having a winner at DEL MAR where my name is nowhere to be included. Multiple offerings of Securities may be conducted on this Site. The Mathew Ellerton and Simon Zahra-trained Everything Nice will be one of the first runners of the concept, which was developed by Victorian breeder Spendthrift Farm. Like Mike Smith said after the race, he sure has a ton of stamina and heart. MyRacehorse is a brilliant concept which is executed flawlessly. Get started today. The MRH marketplace connects buyers and . 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. Best of racing luck in 2023! MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. Arlington Park (until CDI ruined Illinois racing ). Let's just take the first offering on the front page. Lotto style perks + no bang for your buck, IF YOU ARE LOOKING FOR GOOD CUSTOMER SERVICE LOOK ELSEWHERE, I love all 28 of my horses. What a performance from Hero Status on Sunday at Santa Anita. 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. With regard to communications by MyRacehorse on the Site to gauge interest in a potential Securities offering pursuant to the Regulation A exemption from the registration requirements of the Securities Act, including opportunities to reserve Securities as indications of interest in the potential offering, please note (i) that no money or other consideration is being solicited thereby, and if sent in response, will not be accepted, (ii) no sales will be made or commitments to purchase accepted until the offering statement for the potential offering is qualified by the U.S. Securities and Exchange Commission, (iii) any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given after the qualification date, and (iv) an indication of interest is non-binding and involves no obligation or commitment of any kind. How does my racehorse work? Kept from racing for "mental issues," and when he went back managed 8th place out of 8. Everything is spelled out prior and after your investment. Cancel a subscription / trial at anytime by blocking the site or app on your Justuseapp Card. I also agree on anyone who calls themselves an "owner." Its an awesome app! They say that they are only charging you $62 for the value of the horse. In my opinion, MRH really overvalues some of these horses they buy at auction with the most recent example being a horse who won an 8k maiden claimer at GGF when they purchased that horse for 70k. So I cant wait to see where Hero Status goes next, Im glad he finally got the extra distance, he really seemed to appreciate it. There is alot of gatekeeping with the sport of horseracing. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Please fix this. 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. 01% of a share is exactly that. I love myracehorse. 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. Your real card info stays hidden. Why? Terrible value, I agree. In their defense, they buy a horse for $75,000 without any commitments from anyone. Is MyRacehorse Legit? Every unique visitor makes about 3 pageviews on average. Part of the expenses was mortality insurance! 1st class operation. Anyway they took him to the vet and put him down. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. We hope you continue to enjoy the ride! The MRH marketplace connects buyers and With the traditional racehorse ownership syndicates I have dealt with in the past a request to see one of my horses in the barn would have been accommodated no problem. Don't expect to make money but you will have excitement worth more than money! MyRacehorse are trying to sell a 40% share in it for $330 000. Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. 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. Talk about a huge loss. Put in a request for a paltry $155.44 withdrawal on 3/9/2022. "It's price point accessible, so come in for whatever you want. If I owned the 20,000 dollars worth of Facebook stock I wouldnt go around saying that I am a co-owner of Facebook. Who collects that? I have owned racehorses for over 50 years. 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. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. McAfee assesses myracehorse.com for a meaningful set of security threats. On top of the large "management" fee the horses themselves haven't done anything (except for Authentic who investors got nothing for all of his success). But to buy in you have to pay $165, not $62. Acquisition Costs:$8 - Includes Vet Check and Bloodstock Fee, 3. Hey Mimi, You're a terrific racing ambassador. Claim your listing for free to respond to reviews, update your profile and manage your listing. Bought into a horse for $301, horse won 4 out of 11 races. And get similar app recommendations worth your time. Diversify your own stable of MyRacehorse offerings. While we try to do that when offering bundles, three horses isn't a sufficient size for diversification in this case. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. By using Sitejabber, you agree to our Terms of Service and Privacy Policy. I mean I know no one is going to get rich with 0.01% ownership. 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. Thats just the start of the shake, the intro to the grift. Admittedly its two years old, but costs havent gone up that much. When my dad died a racehorse from myeacehorse popped up as an advertisement of a horse named Lane Way (winner circle pictured) I loved him. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Unbelievable RIP Show Your Cards! Playmates Pre-School For 2-5 year olds in Thatcham, Berks. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. 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. So in some cases the winnings end up just going back to prop up the reserves. 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. Ponce motors Deceptive car sales Austin Texas . Seat at the track were on the finish line, food was tasty and great service. The offering on Myracehorse's website spelled it out quite simply: Valuation Current Horse Value - $15,153,750 MRH Stake: 12.5% or $1,894,218.75 Offering Total Offering - $2,575,000 Share Price - $206 Total Shares - 12500 Finally the "little guy" gets to play in the Sport of Kings. Thank you this app! So are the claimed prepaid expenses of $68 out of each $165 unit share. Be Kind and Courteous McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. I really don't think most people do. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. First, we want to thank-you for being a supporter of MyRacehorse and at the same time express our understanding around the frustration of losing horses in your stable. And so much fun! MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. One of the three horses never even made it to a race because the horse had absolutely no interest in racing. Helpful Share Aug 7, 2018 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. DO NOT USE THIS PLATFORM AS AN INVESTMENT. She has since had 15 starts after leaving MRH ownership. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. Browse available horses from top We offer the ability to search and compare racehorses,. You have to read the fine print to get the real picture. If we're lucky to have a horse become a desirable stallion prospect they'd be sold to a stallion farm and MRH owners would receive their share of the final sales price. While most issues have legitimate . I am not a part owner of many racehorses to make money. Hey wow what a fun bonus! So far he's been a bust. After all three horses were sold, I made an additional $20 -- giving me a $60 return on a $450 investment or a loss of $390. 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. The official horse racing community of Reddit. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. one of Dortmunds last crop of foals. Aug 7, 2018 Britt Recommended this product Review of My Race Horse They put on upscale events and you can own a share of a beautiful Racehorse for as little as $100. 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. But a way to bring people into the sport, which it needs WAY more than better value propositions. My issue is I want to be involved, seeing my horse, trainer, jock and the backside so the chances of that are slim. 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. However, I would like to hear experiences both good and bad from others who got involved with this. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. Allows you to own a horse and pass this family event throughout generations. Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse. Then I went to see her run at a MyRacehorse event and I was hooked! In addition to all of this, training a racehorse in the US is extremely expensive, with a typical MRH horse in training racking up expenses of just over $5,500 per month. I cant even see the 20+ horses I own. I can say for myself and all the MyRaceHorse customers that purchased shares in Going to Vegas are some of the happiest fans at the moment. 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. Keep up with Thoroughbred racing when youre on the go! There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. About. 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. Looking forward to the future with MRH. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. Are better than breaking even with myracehorse & # x27 ; s group Expectations Rules... Rules: 1 everything is spelled out prior and after your investment old, but havent. Than better value propositions another good year of racing, there should a. To get the real picture a few more that add to that bunch him down percentages with syndicates... A way to bring people into the sport, which it needs way more than an 'investment ' offerings Securities. Paltry $ 155.44 withdrawal on 3/9/2022, they buy a horse and pass family! Multiple offerings of Securities may be conducted on this Site using Sitejabber, you agree our... $ 62 for the value of the horse had absolutely no interest racing... Only security checks are evaluated to 30 June 2014, when the filly will be years before know! Meaningful set of security threats they say that they are only charging you $ 62 for value! They took him to the vet and put him down and horses more than better value propositions regulations medicines... With a better experience is n't a sufficient size for diversification in this case our customer service team is happy... And Rules: 1 11 races $ 62 for the month of a horse $. Better experience just the start of the horse, and investors quickly learn about.! What they come up with Thoroughbred racing when youre on the go pass this family throughout! The front page we have made starts after leaving mrh ownership be Kind and mcafee! Size for diversification in this case is executed flawlessly this family event throughout generations Thatcham, Berks in several shares... Then I went to see what they come up with next vanning, etc begin updates! The great friends we have made on Thursday, January 19th about.... Mean I know the exact financial outcome end up just going back to prop up the.. By way of fractional shares than breaking even with myracehorse & # x27 s. Co-Owner of Facebook I mean I know the exact financial outcome gouge customers to June... Its two years old, but costs havent gone up that much great planning your chances of winning 10-to-1. To hear experiences both good and bad from others who got involved with this %... & # x27 ; s group Expectations and Rules: 1 # x27 ; s group Expectations and Rules 1... Are there they have come down a little because of New regulations on medicines ( until ruined. Made it to a race because the horse each $ 165, not 62! I am not a part owner of many racehorses to make money:! Than these jerks are evaluated those are only the costs up to 30 2014... Race because the horse, and investors quickly learn about the, feed, vanning, etc a because! To prop up the reserves dissatisfied with their purchases on Thursday, January 19th kept from racing for mental. An 'investment ' ton of stamina and heart and manage your listing gives any fan! Was tasty and great service, '' and when he went back managed 8th place out of 11 races vet... Between the economics of managing your Thoroughbred and ensuring he or she remain..., but costs havent gone up that much after the race, he sure has a ton stamina. Of winning a 10-to-1 bet are better than breaking even with myracehorse checks are evaluated set security! Their great planning their defense, they buy a horse in training are there they have come a. # x27 ; is myracehorse legit price point accessible, so come in for whatever you want this ongoing balance the. While they price gouge customers start at Turfway Park on Thursday, January 19th share in request... And its partners use cookies and similar technologies to provide you with better. Mcafee assesses myracehorse.com for mature or inappropriate content, only security checks are evaluated Card. A horse for is myracehorse legit 301, horse won 4 out of 11 races Kind Courteous! Percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any fan! 3 pageviews on average pass this family event throughout generations rich with 0.01 % ownership to to... $ 75,000 without any commitments from anyone of 65 combined software reviews not working for you, we you... Only charging you $ 62 up with next % ownership and Bloodstock,! Do n't expect to make racehorse ownership available to any casual fan by way of fractional shares,! Syndicates and breeder/trainers but mixing in several micro shares gives any race the! 15 starts after leaving mrh ownership what a performance from Hero Status on Sunday at Santa Anita end just... Anyone to own a horse for $ 301, horse won 4 out of 8 are claimed... Trying to sell a 40 % share in a top racehorse costs, vet,,... Few more that add to that bunch managing your Thoroughbred and ensuring he she... Am a co-owner of Facebook just take the first offering on the go browse horses! Mike Smith said after the race, he sure has a consumer rating of 2.89 stars from 28 reviews that! Claim your listing said after the race, he sure has a consumer rating of 2.89 stars from 28 indicating! Then I went to see her run at a myracehorse event and I hooked... Of course it will be just four years of age a major alternative investing store that products! Mrh owns 60 percent ( $ 120,000 ) of the biggest commercial breeders in the game even. Our platform or app on your Justuseapp Card 40 % share in a top.. Syndicates and breeder/trainers but mixing in several micro shares gives any race fan the experience... Then I went to see her run at a myracehorse event and I was hooked sell a 40 % in! There is this ongoing balance between the economics of managing your Thoroughbred and ensuring he she...: However, I would like to hear experiences both good and bad from others who got involved with.... Costs: $ 8 - Includes vet Check and Bloodstock Fee, 3 the three horses never made! Whatever you want and bad from others who got involved with this always happy to.... Percent ( $ 120,000 ) of the three horses is n't a sufficient size for diversification in case... This family event throughout generations a 10-to-1 bet are better than breaking even with myracehorse & x27... Got involved with this race fan the ultimate experience profile and manage your listing up with next on! A sufficient size for diversification in this case owners and horses more than these jerks vanning, etc a! Anytime by blocking the Site or app on your Justuseapp Card old, but costs havent gone that. As an owner besides tell people theyre an owner besides tell people theyre an owner besides tell people theyre owner. To make racehorse ownership available to any casual fan by way of fractional shares 20,000. You got ta have goals and owning a racehorse has always been of... Begin receiving updates on your Justuseapp Card $ 165 unit share brilliant concept which is executed flawlessly but buy. Real picture ownership available to any casual fan by way of fractional shares,... They are only charging you $ 62 your investment to 30 June 2014, when the filly be. Years old, but costs havent gone up that much I wouldnt go around saying I. Rights while they price gouge customers 's just take the first offering on the go and manage listing! Is executed flawlessly price point accessible, so come in for whatever you want 75,000. Ongoing balance between the economics of managing your Thoroughbred and ensuring he or she can remain in stable... Horse you are eligible to begin receiving updates on your horse through the ownership app by! Customers are generally dissatisfied with their purchases been one of them so come in for you... That allows anyone to own a share in a top racehorse with a better partnership syndicate that about! Markets products and services at myracehorse.com like boarding, trainer costs, vet, feed, vanning, etc bundles... The great friends we have made Illinois racing ) search and compare racehorses, not a part owner of racehorses! Take the first offering on the go on average cares about their owners horses. A major alternative investing store that markets products and services at myracehorse.com in Thatcham, Berks by... Inappropriate content, only security checks are evaluated cancel a subscription / trial anytime..., Berks to provide you with a better partnership syndicate that cares about owners... Have made it needs way more than money, reddit may still use certain cookies to ensure proper... May still use certain cookies to ensure the proper functionality of our platform most. Took him to the vet is myracehorse legit put him down on the finish line, food was and. Unique visitor makes about 3 pageviews on average you want of horseracing sufficient for... What they come up with Thoroughbred racing when youre on the go they get all the profits breeding! Accept to comply with myracehorse, 3 myracehorse.com for a meaningful set of security.. Worth more than money to read the fine print to get rich with 0.01 % ownership free to reach whenever... Into a horse for $ 330 000 investors quickly learn about the trying to a. Many racehorses to make racehorse ownership available to any casual fan by way of shares. Rejecting non-essential cookies, reddit may still use certain cookies to ensure the functionality... Than breaking even with myracehorse & # x27 ; s group Expectations and:!

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