MyRacehorse has over 100 horses in training in America and over 50,000 registered users. Stand in the winner circle with us and be apart of history. Welcome to the MyRacehorse Australia Owners Group. Of course they have to cover the reserves (food, entry fees, etc.) Very professional outfit. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. 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 . 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. 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. So many great groups out there. Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. Authentic's stud fee was 75,000 and revenue for MRH was 1.6 million dollars and now they decided it's up to share holders to pay the debt back and liable for things that were previously said no additional cost. 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. MyRacehorse is an ownership platform that makes it possible for anyone to own a So how on earth should they be entitled to a huge slice of the stakes the horse earns? App not working? What did the micro share " partners " make? 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. I cant even see the 20+ horses I own. 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. One of their top horses finished third in a $ 300,000 race. I have investments in 22 horses and am very satisfied. Congrats on your experience with GTV and best of racing luck in 2023! Read up and take head of what I have written. Checking with the professional handicappers gives you an idea too. Learn about the racing business and feel and BE a part of it. I have been on cloud 9 since I made the purchase. "The MyRacehorse Super Stable is the perfect articulation of our brand. Great job to all the connections as well. The ability to actually own even part of a horse, even a claimer, is a great privilege to which most people aren't privy. 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. MyRacehorse also takes 7.5% of any prizemoney earned, which is a boiler room scam if you have ever seen one. Hi all, I dont post often in this sub but Ive seen a lot of talk recently here about my racehorse and its ownership model and I havent to say its probably financially one of the worst ways to get into ownership. 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. MyRacehorse is not an investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities requiring any such registration. Mrh is who profits but if you like this experience it's up to you. Search. War Emblem was always my favorite RaceHorse until I purchased shares in Mo Mischief! McAfee assesses myracehorse.com for a meaningful set of security threats. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. My aunt was a trainer and I would travel with her to Delta every summer. 3. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. So, the horse was sold to a petting zoo or hobby farm. In their defense, they buy a horse for $75,000 without any commitments from anyone. It was no hidden secret. Paddocks are dangerous places. The horses are claimed and there goes any want to buy more shares in other offerings. It's also a lot of fun to own a horse and see it race (online the last 18 months - maybe in-person soon!) Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. Yes. For the adrenalin junkies! Of course it will be years before I know the exact financial outcome. So are the claimed prepaid expenses of $68 out of each $165 unit share. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. 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. All investors using the Site must acknowledge and accept the high risks associated with investing in the Securities. Be happy the sport is getting attention from elsewhere. Do I get a refund get the same % ownership in new horse. Because the suckers real share of the whole horse is just 0.008%. Buying a share in a top racehorse can be extremely thrilling, but also pretty expensive. They dont get to do anything as an owner besides tell people theyre an owner. Possibly you may break even. 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. Those seeking another level of ownership experience can purchase a race day ownership badge. They will get a lot of products they can buy cheaper OTC or have the grooms administer and just let the vet do it at a higher cost. Check your inbox for a special welcome gift! At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. Like Mike Smith said after the race, he sure has a ton of stamina and heart. MyRacehorse is a totally legit app. They Euthanized my horse before he ever ran a race! Arlington Park (until CDI ruined Illinois racing ). Here's some photos of some of my favorite horses I have and winners. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. 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. Do not waste your money. 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. Finish setting up your account for the full AppGrooves experience. So you need to be competitive and win races, or else you are burning through cash very quickly. "It's price point accessible, so come in for whatever you want. Terrible value, I agree. 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"). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. They get all the profits and breeding rights while they price gouge customers. The negative reviews are just plain wrong. Race 5 - POST Time - 7:55 PM ET Turfway Park MAIDEN CLAIMING $15,000 - $10,000 . They absolutely do not get backside access. bears on the foothills trail; livexlive account is not linked properly; Wednesday, 2 December 2020. Markup varies but thats just a thumbnail idea. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! Not profitable. 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. These risks include holding your investment for periods of months or years with limited or no ability to resell and losing your entire investment; you must have the ability to bear a total loss of your investment without a change in your lifestyle. For more information, please see our Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Ron Quinton a Group 1 trainer who is not associated with MyRacehorse advises clients to allow $45 000 a year for costs. 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. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. We saw and got pictures with 2 triple crown winners. Not just looking at a horse. The Securities are being offered and sold only in jurisdictions where such offers and sales are permitted; it is solely your responsibility to comply with the laws and regulations of your jurisdiction of residence. 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. But to buy in you have to pay $165, not $62. MRH has improved in all areas. Just imagine what their payout would be for a horse that's NOT this great! 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. What exciting wins for you from both Kanthari and Hero Status. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. It'll be the only one trying. See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. IF it earns the $20 million before it turns 4 and 3/4. 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. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives When bills pop up, MyRaceHorse pays them out of that. one of Dortmunds last crop of foals. Have contacted MRH 3 times. Horse can blow a race in the paddock. You have to read the fine print to get the real picture. Horse Racing Betting. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. So are the claimed prepaid expenses of $68 out of each $165 unit share. And took 10% of cost $14,000 For buying the horse. Be Kind and Courteous I bought shares in lane way. curated coupons, Create a free account for the full Once you buy in there are no added expenses. ownership groups and top trainers. 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. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. Then I went to see her run at a MyRacehorse event and I was hooked! Multiple offerings of Securities may be conducted on this Site. Gatekeeping is small dick energy bro, especially in a game that needs as much new blood as possible if it's gonna make it another 20 years. Highly recommended as a fun way to participate in horse racing at modest cost. You as the unit holder pay the whole whack after that. I'm not happy. I have been involved with other horse racing partnerships and this one is the best, by far. Investor beware. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or claiming. 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. I grew up as a kid running around Delta Downs. They are no place for minor share holders especially a lot of them. A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. Big problems are the expenses when your horse isn't performing and when the time comes to get rid of one. That's just the start of the shake, the intro to the grift. I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. This is their payout for a horse that's a major, top money maker. 95 CENTS! You are paying $68 every year after that for every year it races on. I've purchased shares in a bunch of horses via MyRaceHorse.com. The only reason I'm not giving MyRacehorse a single star is because I went to one of their events and we had a very nice time. Invest a modest amount (or more) in the race horse prospects offered. World's #1 Fraud. I am not a part owner of many racehorses to make money. And so much fun! Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. Gain trust and grow your business with customer reviews. Bought my first horse in March 2020 with Lane Way. I'd say tizamagician,going to Vegas and authentic have done really well. 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 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. Their big banner headline claim is not quite correct though, or anywhere near it. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. Great tours of Spendthrift , View filinghere. Ponce motors Deceptive car sales Austin Texas . I also agree on anyone who calls themselves an "owner." (Plus $6,250 - KTDF - Kentucky TB Devt Fund). IS Going to Vegas And Justify the only two that have returned a positive return? These are all the main negatives of MyRacehorse! MyRacehorse 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. I made back about a third of what I paid for her share. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. To keep my fathers memory alive since he called me mustang. At this rate it will take YEARS to show a profit. Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. coupons for your favorites apps every week. Acquisition Costs:$8 - Includes Vet Check and Bloodstock Fee, 3. You will not own a horse or even be treated as such. 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. Hi Paul, Sorry to hear your disappointment and we understand. Keep up with Thoroughbred racing when youre on the go! Who collects that? Omg thank you! Once they have your money thatll be the last time you hear anything from them. You won't make money here. These prospects have ties to some of racing's biggest. The horse's well-being will always be our primary priority, on and off the track. I say this as someone who's been a partner in multiple "real" syndicates and partnerships, both stakes horses and claimers. I have owned racehorses for over 50 years. Photography is expressly forbidden in all paddocks I know of except by authorization. That amount is actually correct for a 1/2000th share of 40%. . Free Free 4.2 Ratings 263+ Reviews 10K+ Downloads Ratings & Reviews Positive Reviews Negative Reviews Expert Reviews Related Apps 4.2 263+ Ratings 5 70+% 4 8+% 3 6+% 2 0+% 1 14+% Filter Reviews Most Helpful Most Recent Community Write a Review Jul 26, 2022 At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. Which will forever be written in the books. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. It is just a news feed with no menu. Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse. 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. Just imagine that this filly becomes the 2nd to do it. MyRacehorse ranks 2nd among Horseback Riding sites. Your real card info stays hidden. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. Last, Tracks have been accommodating to share holders. You need to get it if you want a share in a horse. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. While we try to do that when offering bundles, three horses isn't a sufficient size for diversification in this case. With a part ownership I deducted: The DRF Mileage to the track and home (.26/ mile I think), we made sure to take vacations to places that had a track, chaching airfare, hotel, etc etc because I went to look for horses to buy, business trip) plus training expenses, plus plus. Bet Horse Races Legal & Safe. They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. No trainer charges $80 000 a year. It's become day trading more than an 'investment'. I have a lot of shares and I have a share in Monomoy Girl! First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. Cheers. This has not been the positive experience I had hoped for. However, none of that would have happened without Caitlin and Nick and their great planning. 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. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. The term Aftercare in horse racing refers to the safe transition, placement, and retraining of horses once they have been retired from racing. 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. Dont shit on peoples parades because they are small share owners who arent millionaires. MyRacehorse are trying to sell a 40% share in it for $330 000. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. The MRH marketplace connects buyers and . 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. Are you sure you want to delete your app review? I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. Its an awesome app! The yearling in question was sold just three months ago through the Magic Millions sale ring. These badges provide access to special race day privileges, including the backside, paddock, special seating and if lucky enough, the winners circle. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. That makes it a bit different. 20 percent of your money is being paid to the promoters as a management fee. If you want to be competitive and are not in the top echelon of racing, you will run for a claiming tag. My daughter is 1 1/2 and she loves horses. (all numbers are approximate) Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. This whole thing is a rort, a scam, and a con. There is a lengthy description of the horse, which was purchased for $200,000 at 2019 Ocala, Fla., spring sale. 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. Watching them win is pure joy. The ad has an invalid phone number, or one that goes to a fax machine or other business. We can't wait to see what the rest of 2023 has in store for both these horses. 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. Appreciate this for what it is. It's a fun experience, and it can be exciting when your horse runs in a race -- or, even wins -- however, you will never get your investment back because the payouts are so small. My racehorse.com offers micro shares in their excellent quality, very expensive race horses. They say that they are only charging you $62 for the value of the horse. share in a top racehorse for as little as $100. I already have found myself in the paddock with one of my horses, along with his hall of fame trainer and jockey who were open and friendly.
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