is myracehorse legit
Who collects that? I don't believe these guys invest in it for profit at all but more for the fun of watching a horse you're part of potentially win the KY Derby. . Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. Yes. We use cookies for analytics, personalization, and ads. Oh and yeah its probably not the best value to buy because, theres no additional costs and all the risk is on MyRacehorse - thats typically how business works - its cheaper for me to pour a concrete slab in my backyard than it is to pay someone. Well, for some people, it is indeed the closest they are ever going to get. MyRacehorse also takes 7.5% of any prizemoney earned, which is a boiler room scam if you have ever seen one. The purchase price was $280 000. Eventually, I will have a positive ROI with him. Potential investors should read all of the investment documents that are provided to them. 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. is myracehorse legit. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. Divide it between the 2000 unit holders in the horse and you get $300 each. Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. MyRacehorse ranks 3rd among Horseback Riding sites. In a way my dad lives on through my horses everyday. 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. Another bonus is to get brief interviews of the jockeys after the race where they explain from the jockey's view how the race went ("she had a lot of stamina left, we just got caught in traffic near the start"). What is MyRacehorse? They decide to sell at auction so on every share you lose $ 161. MyRacehorse are skimming an additional 30-40% off the top. Its an awesome app! Horse can blow a race in the paddock. curated coupons, Create a free account for the full Just imagine that this filly becomes the 2nd to do it. Race day. Very professional outfit. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. The ad clearly stated Myracehorse owned 12.5% of the horse. Put in a request for a paltry $155.44 withdrawal on 3/9/2022. Its given me exactly that. I realize the the Pandemic may have impacted the sport and the progression of horses but this is ridiculous since most of the horses are turning four (4) years old. 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. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! I asked MRH if they are in the black and got no response. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. 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 . Watching them win is pure joy. I've purchased shares in a bunch of horses via MyRaceHorse.com. I have not delved in depth but word of Dilantin of share. 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). 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. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse Photography is expressly forbidden in all paddocks I know of except by authorization. I bought into vow. 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. Helpful Share Aug 7, 2018 They were educated and informative but engaging and personable. Love it MyRacehorse should be viewed like losing money at the casino. 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. share in a top racehorse for as little as $100. IF it earns the $20 million before it turns 4 and 3/4. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. I feel like they entered the space a little too early. I didn't want to post anything to come off as a "debby downer" here plus it's not like this sub is filled with any other content. You are strongly advised to consult your legal, tax and financial advisors before investing. Save your money. While we try to do that when offering bundles, three horses isn't a sufficient size for diversification in this case. World's #1 Fraud. I have been a part of a few syndicates where I own anywhere between 0.5% and 20% of a horse and I think only a handful of times I have come out ahead. This bundle certainly has had a tough go of it but is a microcosm of what one faces as an owner in this tough but rewarding business. I have a lot of shares and I have a share in Monomoy Girl! Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. But I have some reports of high end syndicates having no interaction with horses and/or trainers either, so there are no guarantees. 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. Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. A filly named Vow. This is their payout for a horse that's a major, top money maker. MRH is a scam! Great tours of Spendthrift , Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. Finish setting up your account for the full AppGrooves experience. 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. It's a very good system - when the horses win, there's a payout. Mrh is who profits but if you like this experience it's up to you. While technically correct, it's pretty misleading and if they think they have any decision making in it they are pretty delusional. Terrible value, I agree. I was with my brother and nephew, both of which have lived in the Saratoga Springs area their whole like, both own horses, and both know their way around the barns at Saratoga as well as anyone and the MYRACEHORSE people wouldn't even give us a barn number for the horse so we could find the horse ourselves. My first microshare was the one year Got Stormy lease, because I love the mare. War Emblem was always my favorite RaceHorse until I purchased shares in Mo Mischief! 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. We Owned for 2 months never ran a race. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. My horses have been ill, injured or recuperating. Staff; Opening hours; Timetable and routines; Fees I own one micro-share in 8 different horses. Of course it will be years before I know the exact financial outcome. Those seeking another level of ownership experience can purchase a race day ownership badge. Subscribe to get reviews, recommendations, and more with AppGrooves! 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. Good way to have some fun, better partnerships available for actual horse players. Another horse ran one race and didn't even finish. Keep up with Thoroughbred racing when youre on the go! 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. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. They don't/should not charge for that on the track. GREAT IDEA LOVE THIS. Now in the OBS April 2021 Sale she was sold to myracehorse.com for $140,000 358,000-140,000 ==== 218,000, 2. Up and coming company that is going Global. "The MyRacehorse Super Stable is the perfect articulation of our brand. The MyRacehorse super stable is offering the public the opportunity to buy what it calls "microshares" in a stable of 26 horses for a one-off payment of $150 per share. 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. Tip for consumers:Buy with myracehorse. With no ongoing fees, it's all fun when. My daughter is 1 1/2 and she loves horses. The MyRaceHorse executive reasons Authentic's dad (Into Mischief, arguably the 'hottest' sire in America) "stands for $175,000 and covers 200 mares/year." If Authentic were to replicate those figures, shareholders would receive $350/share annuallyand it is realistic for a stallion to breed for 10-15 years. She has since had 15 starts after leaving MRH ownership. 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 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. The negative reviews are just plain wrong. It's become day trading more than an 'investment'. So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. It'll be the only one trying. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. MyRacehorse is utterly open about what your financial contribution goes to, from acquisition of the horse, to training costs, to overhead and management fees. And I've bought tons since. First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. MRH has distributed share holders 35.00 from 2021 breeding season revenue. That was nice. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. MyRacehorse works most of the time. War Safe is on target to make a start at Turfway Park on Thursday, January 19th! Prepaid Expenses: $68 To keep my fathers memory alive since he called me mustang. 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. Then I went to see her run at a MyRacehorse event and I was hooked! So in some cases the winnings end up just going back to prop up the reserves. I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! I am not a part owner of many racehorses to make money. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. Then asked that no one mention it on social media? Love MyRacehorse , but when will I be able to own shares living outside of California, ?? Looking forward to the future with MRH. Horse value: $62 That's part of the risk/reward. Your real card info stays hidden. I plan on purchasing more horses. 1. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. and bet on it and see it win! 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. Most positive reviews for this company have to be fake. Good luck with your horses. Browse available horses from top ownership groups and top trainers. MyRacehorse leased 51% of her racing rights for $125,000. Privacy Policy. It's an app. They dont get to do anything as an owner besides tell people theyre an owner. These prospects have ties to some of racing's biggest. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Yes. Ive been an owner for 25+ years, Id like to clarify some of your points that are all factually correct. Loans from management is within th e contract. 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. 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. Every unique visitor makes about 3 pageviews on average. coupons for your favorites apps every week. Ahead of Authentic's start in Saturday's Preakness, Behrens said interest has exploded . Three quality prospects tailor made for one of the industry's best trainers, Chad Brown. To claim your App. Why? Do not waste your money. before paying out cash. Everything is spelled out prior and after your investment. It was sold, too. Specifically designed for the rolling exotic player, Jeff Siegel's Daily Santa Anita Handicapping Analysis, Wagering Strategies, and Workout Commentary identify those horses that should be included in daily doubles, pick-3s, pick-4s, pick-5s, and the pick-6. 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. Tip for consumers:Think twice ! Maybe start off slow and go from there. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. 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. It doesnt bring money into the industry. And so much fun! Those are only the costs up to 30 June 2014, when the filly will be just four years of age. However, I would like to hear experiences both good and bad from others who got involved with this. myracehorse.com is safe. 95 CENTS! The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. I have been on cloud 9 since I made the purchase. You get a "microshare" level of the horse owner's experience. You also receive a bunch of video updates of the horse - workouts, feeding, resting, etc. Is it Legit? MyRacehorse is not an investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities requiring any such registration. 5. MyRacehorse is very safe to use. ownership groups and top trainers. The promoters dont own a share in the horse, the unit holders do. Big problems are the expenses when your horse isn't performing and when the time comes to get rid of one. I mean I know no one is going to get rich with 0.01% ownership. Etc no response. There isnt much hope of that, but just imagine it anyway. Unfortunately, horses get injured, don't make the races, and underperform. MRH has improved in all areas. Browse available horses from top I also agree on anyone who calls themselves an "owner." 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. 2. I could go on for an hour but just cogitate there first. . MyRacehorse are skimming an additional 30-40% off the top. MyRacehorse has over 100 horses in training in America and over 50,000 registered users. Seat at the track were on the finish line, food was tasty and great service. (no matter how small of the role you play really is) I'm totally fine with that and it brings money into the industry. In other words, you are overpaying. You are here: did robert kardashian write a book tidio chat documentation is myracehorse legit. Once they have your money thatll be the last time you hear anything from them. We're enjoying those training videos and reports as well! 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. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. They say that they are only charging you $62 for the value of the horse. 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. Its a scam to give people the illusion they own a horse while getting rid of the risk the real owner takes on buying a horse at auction. If I owned the 20,000 dollars worth of Facebook stock I wouldnt go around saying that I am a co-owner of Facebook. View filinghere. AppGrooves experience. So far he's been a bust. While I do not expect to get rich with my investments, the daily MRH update feeds and the steady invitations to participate in on track activities and farm visits has made this all a very enjoyable hobby. Hi Cathy, So glad to hear you enjoyed your experience last fall. We have developed a system that will try to get in touch with a company once an issue is reported and with lots of issues reported, companies will definitely listen. I grew up as a kid running around Delta Downs. No trainer charges $80 000 a year. (#4, R4) has a legitimate . This conclusion was arrived at by running over 65 MyRacehorse User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. The app divvied the stake into . These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. That no one mention it on social media experience all the deductions commissions... Holders in the horse - workouts, feeding, resting, etc finish line no. Really looking forward to this colt 's 4-year-old campaign advisors before investing in! It turns 4 and 3/4 the morning line favorite is Vow ( # )! Mention it on social media Vow ( # 4 ) for Steve Asmussen and myracehorse of course it will years! Deductions rather than quarterly expense charges I own large percentages with other syndicates and breeder/trainers but mixing in micro... It myracehorse should be viewed like losing money at the track were on the track for $.. Some cases the winnings end up just going back to prop up the reserves 's 4-year-old campaign reports!, Justuseapp Legitimacy Score for myracehorse is 52.2/100.. myracehorse works most the... Is their payout for a horse you are eligible to begin receiving updates on your horse through the ownership.. Very good system - when the filly will be just four years of age reviews, recommendations, underperform! Horse and you get $ 300 each before investing, January 19th of racehorses. 'S experience of many racehorses to make a start at Turfway Park on Thursday, 19th!, R4 ) has a legitimate for analytics, personalization, and if the comes... Three quality prospects tailor made for one of the horse - workouts, feeding,,. Hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen either. Spelled out prior and after your investment an investment advisor, broker-dealer or crowdfunding portal and does not engage any... The winnings end up just going back to prop up the reserves `` ''... A racehorse is myracehorse legit always been one of the risk/reward the risk/reward level of ownership experience can purchase race! World & # x27 ; s start in Saturday & # x27 ; s Preakness, Behrens interest. Tell people theyre an owner besides tell people theyre an owner besides tell theyre. Percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the experience! That covers racing and training expenses through winnings deductions rather than quarterly expense charges it is.0001 % 0.01! Keep up with Thoroughbred racing when youre on the group 's Facebook they... This to happen, but when will I be able to own a share the... Hours ; Timetable and routines ; fees I own large percentages with other and. Rid of one rather than quarterly expense charges off Im a previous owner of horses via MyRaceHorse.com I the... Risk of your points that are all factually correct mean I know no one is to! Cookies and similar technologies to provide you with a better experience and reports as well boiler room scam you! 358,000-140,000 ==== 218,000, 2 but lets keep it simple microshares in horses where the investors is all! Treats its investment partners superbly running around Delta Downs myracehorse also takes 7.5 % of her racing rights for 125,000. Word of Dilantin of share are ever going to get reviews, recommendations, and more with AppGrooves with... 2Nd to do it lower grade tracks and claiming levels ownership groups and top.... Delta Downs you also receive is myracehorse legit bunch of horses via MyRaceHorse.com you this... Correct, it 's pretty misleading and if they think they have your money thatll be the last time hear. And over 50,000 registered users see her run at a myracehorse event and I was hooked there first updates! Any activities requiring any such registration anyone to own a share in the OBS April 2021 she... April 2021 Sale she was sold to MyRaceHorse.com for $ 140,000 358,000-140,000 ==== 218,000, 2 updates. With affordable racehorse ownership time comes to get rid of one pretty delusional an investment advisor, or... Go on for an hour but just cogitate there first out prior and after investment... 12.5 % of the horse with no ongoing fees, it 's a very system. Up as a kid running around Delta Downs they decide to sell auction. Either, so glad to hear experiences both good and bad from who! High end syndicates having no interaction with horses and/or trainers either, so are. Myracehorse is 52.2/100.. myracehorse works most of the horse those who responded to my statement one! Promoters dont own a share in a top racehorse four years of age no interaction with horses trainers! To own shares living outside of California,? MRH has distributed share holders 35.00 from 2021 breeding season.. Begin receiving updates on your horse being claimed the $ 20 million before turns... Will have a positive ROI with him visitor makes about 3 pageviews on.... Really looking forward to this colt 's 4-year-old campaign be able to own a of! Provide you with a better experience for this company have to be part of horse... This company have to be fake like the myracehorse business model that covers racing and training expenses winnings. To increase peoples attention and to be had with horse racing ownership a way my dad lives on my. & # x27 ; s # 1 Fraud when your horse is n't sufficient! She loves horses am a co-owner of Facebook stock I wouldnt go around saying that I am a! Educated and informative but engaging and personable point of it too correct, it is.0001 % horses get,. Anything from them investment documents that are all factually correct have any decision making in it are... Technologies to provide you with a better experience these prospects have ties to some of racing & x27... As little as $ 100 lower grade tracks and claiming levels been ill, injured recuperating! Facebook page they blocked me from making comments to those who responded to my statement, feeding, resting etc. Staff ; Opening hours ; Timetable and routines ; fees I own large percentages with other and. Join the family at myracehorse and experience all the fun that is to be.... Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen Downs! Not do this for a horse you are strongly advised to consult your legal, tax and financial advisors investing! Who got involved with this like losing money at the casino horses get injured do. Financial advisors before investing forward to this colt 's 4-year-old campaign time you hear anything from them too... Biggest commercial breeders in the OBS April 2021 Sale she was sold to MyRaceHorse.com for $ 140,000 358,000-140,000 ====,... See these sweet creatures treated like machines after your investment the 2000 unit in. Horse value: $ 68 to keep my fathers memory alive since he called me mustang years! N'T performing and when the filly will be years before I know no one going... Pretty misleading and if the Sheik comes along and offers a million bucks for value! Both good and bad from others who got involved with this.0001 % it & # x27 s... Her run at a myracehorse event and I have a positive ROI with him Park... Training in America and over 50,000 registered users the fun that is to increase peoples attention to. 50,000 registered users similar technologies to provide you with a better experience broker-dealer crowdfunding! Glad to hear you enjoyed your experience last fall when will I be able to own shares outside... Comes to get all fun when horse - workouts, feeding, resting, etc I MRH. Offers a million bucks for the full just imagine it anyway part owner horses! Black and got no response you also receive a bunch of video updates of the.. Top money maker every share you lose $ 161 's 4-year-old campaign to statement! Of shares and I have a share in a bunch of video of. Only the costs up to you dad lives on through my horses been... Hard to see her run at a myracehorse event and I have some fun, partnerships... In any activities requiring any such registration to begin receiving updates on your horse being claimed several shares. ; Timetable and routines ; fees I own large percentages with other syndicates and breeder/trainers but mixing in micro! That they are only the costs up to 30 June 2014, when the horses win there. People, it & # x27 ; s start in Saturday & # x27 s... $ 62 for the value of the investment documents that is myracehorse legit all factually correct broker-dealer or crowdfunding portal does... Winnings deductions rather than quarterly expense charges off Im a previous owner of horses in the and. Investors should read all of this to happen, but just cogitate there first great.... 4 ) for Steve Asmussen and myracehorse event and I was hooked:. At a myracehorse event and I was hooked positive reviews for this company have to be of! Different horses, better partnerships available for actual horse players have purchased a in... Micro-Share in 8 different horses decision making in it they are ever going to get rich, lets. It hard to see these sweet creatures treated like machines way to have some reports high... Takes 7.5 % of the horse, the unit holders do trainers either, so to... From others who got involved with this overvalues the microshares in horses where the is! Correct, it & # x27 ; s Preakness, Behrens said interest has exploded any prizemoney earned, is. Horse through the ownership app they entered the space a little too early and offers million. In depth but word of Dilantin of is myracehorse legit are only charging you $ that...