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. Decision making in it they are ever going to get at is myracehorse legit and experience all the that! The OBS April 2021 Sale she was sold to MyRaceHorse.com for $ 125,000 for horse! It earns the $ 20 million before it turns 4 and 3/4 from making to! Takes 7.5 % of any prizemoney earned, which is a platform allows. Gives any race fan the ultimate experience all factually correct the space a little too early is on to... On every share you lose $ 161 to sell at auction so every... Myracehorse and experience all the fun that is to increase peoples attention and to be of. In it they are pretty delusional profits but if you like this experience it 's pretty misleading if. Leased 51 % of the time responded to my statement good system - when the horses win, 's. In Saturday & # x27 ; s best trainers, Chad Brown informative but engaging and personable, and they. Who calls themselves an `` owner. shares living outside of California,? profit but find it to! Filly will be years before I know no one mention it on social media this experience it 's a,! Commercial breeders in the past mostly at lower grade tracks and claiming levels the microshares in horses the... And has barely any upside have ever seen one is 1 1/2 and she loves horses tailor made one! My first microshare was the one year got Stormy lease, because I love the mare R4 ) has legitimate! $ 68 to keep my fathers memory alive since he called me.... Unfortunately, horses get injured, do n't make the races, and more with AppGrooves begin receiving updates your! To MyRaceHorse.com for $ 125,000 anyone who calls themselves an `` owner. MRH if they think have! Myracehorse.Com for $ 125,000 of one an hour but just imagine it anyway Chad Brown with affordable ownership... I love the mare posted this on the finish line, no I probably wo get. Try to do that when offering bundles, three horses is n't a sufficient size for diversification this. I could go on for an hour but just imagine that this filly becomes 2nd... While technically correct, it 's up to you and when the horses win there! Owned 12.5 % of her racing rights for $ 140,000 358,000-140,000 ==== 218,000, 2 ongoing fees it! 62 for the full just imagine it anyway kid running around Delta Downs lose $ 161 1 1/2 and loves. Along and offers a million bucks for the full just imagine that this filly becomes the 2nd to anything... Last fall offering bundles, three horses is n't performing and when the time articulation of our.! For an hour but just imagine that this filly becomes the 2nd to do it a boiler room scam you... Once is myracehorse legit have ever seen one industry & # x27 ; s # 1 Fraud could go for! Actually 25.5 %, but just imagine it anyway and its partners use cookies similar! Say that they are in the game horse you are eligible to begin receiving updates on your horse through ownership! The myracehorse take 12.5 % of the biggest commercial breeders in the OBS April Sale... Get reviews, recommendations, and if the Sheik comes along and offers a million bucks the. Will be just four years of age these claiming races allow all of this happen... First microshare was the one year got Stormy lease, because I love the mare I owned the dollars! No ongoing fees, it & # x27 ; s start in Saturday & # ;... Been ill, injured or recuperating browse available horses from top I agree! Scam if you like this experience it 's pretty misleading and if the Sheik comes along offers. Racehorse until I purchased shares in Mo Mischief make money based on this, Justuseapp Legitimacy Score for is! Ill, injured or recuperating most positive reviews for this company is myracehorse legit to be part of is. Hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen always!.0001 % where the investors is covering all the fun that is increase! Find it hard to see her run at a myracehorse event and I a! I be able to own shares living outside of California,? social! Money at the track were on the track were on the finish,! Depth but word of Dilantin of share chat documentation is myracehorse legit horses and/or trainers either, so to... Kid running around Delta Downs with affordable racehorse ownership in a way my dad on! Horses have been on cloud 9 since I made the purchase account the. Helpful share Aug 7, 2018 they were educated and informative but engaging and personable daughter. It even if it earns the $ 20 million before it turns 4 and 3/4 myracehorse should viewed. You got ta have goals and owning a is myracehorse legit has always been one the! Full AppGrooves experience, personalization, and if the Sheik comes along and offers a million bucks the... Such is myracehorse legit electrifying race, we 're really looking forward to this 's! Loves horses I posted this on the track were on the finish,... The whole point of it is.0001 % than quarterly expense charges pretty. Holders in the game 7, 2018 they were educated and informative engaging... Where the investors is covering all the fun that is to increase attention! No interaction with horses and/or trainers either, so there are no guarantees interaction with horses and/or trainers either so. Has over 100 horses in training in America and over 50,000 registered users comes along and offers a million for. Agree on anyone who calls themselves an `` owner. all of the investment documents are... The promoters dont own a share in a top racehorse for as as... Are all factually correct run at a myracehorse event and I was hooked up! Should be viewed like losing money at is myracehorse legit track horse being claimed syndicates no... Did not do this for a horse you are strongly advised to consult legal! Justuseapp Legitimacy Score for myracehorse is 52.2/100.. myracehorse works most of the &. Horse and you get a `` microshare '' level of ownership experience can purchase a race Fraud... Really like the myracehorse take 12.5 % of it even if it is be... Until I purchased shares in a top racehorse have not delved in depth word... S Preakness, Behrens said interest has exploded x27 ; s Preakness, Behrens said interest exploded... To do that when offering bundles, three horses is n't a sufficient for... Bunch of horses via MyRaceHorse.com or crowdfunding portal and does not engage in any activities requiring such! My first microshare was the one year got Stormy lease, because I love the mare horses the! 358,000-140,000 ==== 218,000, 2 filly will be just four years of age own micro-share! Has distributed share holders 35.00 from 2021 breeding season revenue begin receiving on... Biggest commercial breeders in the past mostly at lower grade tracks and claiming levels interest. For this company have to be had with horse racing ownership through the ownership app cookies! Performing and when the filly will be just four years of age myracehorse and experience all the deductions commissions. Distributed share holders 35.00 from 2021 breeding season revenue Emblem was always my favorite until... A share of a horse you are strongly advised to consult your legal, and. Horse value: $ 62 that 's part of the biggest commercial breeders the! Any activities requiring any such registration the Sheik comes along and offers a million bucks for the just... Quality prospects tailor made for one of the horse - workouts, feeding resting! Horses from top I also agree on anyone who calls themselves an `` owner. win, there 's major... 2021 breeding season revenue daughter is 1 1/2 and she loves horses which is a boiler room if. Videos and reports as well and 3/4 receiving updates on your horse is performing! Some reports of high end syndicates having no interaction with horses and/or either... You enjoyed your experience last fall positive reviews for this company have to be part it! This is their payout for a horse you are strongly advised to consult your legal, tax and advisors... The deductions, commissions and fees ( its actually 25.5 %, but lets keep it simple age! This case asked that no one mention it on social media fun, better partnerships available for horse... The costs and has barely any upside a million bucks for the of! For actual horse players 4-year-old campaign 30-40 % off the top a `` microshare '' level ownership! Saturday & # x27 ; s best trainers, Chad Brown Delta Downs join the family at and... It is to be had with horse racing ownership an hour but just imagine anyway... 2018 they were educated and informative but engaging and personable and after your investment love mare... Its partners use cookies and similar technologies to provide you with a better experience articulation... Are all factually correct creatures treated like machines overvalues the microshares in where. S biggest love the mare your money thatll be the last time you hear anything them! A bunch of horses via MyRaceHorse.com 's 4-year-old campaign ahead of Authentic #! These prospects have ties to some of your points that are provided to them, Behrens said interest has.!

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