I was fully aware I basically "owned" the equivalent to one little shed hair on her body (if that much), but it didn't matter. Divide it between the 2000 unit holders in the horse and you get $300 each. So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. MyRacehorse are trying to sell a 40% share in it for $330 000. "It's price point accessible, so come in for whatever you want. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. PER SHARE PRICE BREAKDOWN Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. Potential shareholders have been able to express interest . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Shares start at $95 and go for as little as 0.01 percent of the price of actually buying the horse, minus training and maintenance costs. I feel my racehorse is more geared towards people wanting to have fun and it gives the average person an opportunity to "own" a tiny portion of a horse they would of otherwise never had any shot of participating in at a high level. That's just the start of the shake, the intro to the grift. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. 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. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. I bought shares for the entertainment value & I'm getting more than my money's worth back. 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. I have not delved in depth but word of Dilantin of share. And so much fun! The Keeneland and Farm Tours are owner favorites! 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. I have emailed, called lvm no response as to what are they are going to do. I want to sell my shares but there doesn't seem to be a provision for it! Part of the expenses was mortality insurance! 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. We saw and got pictures with 2 triple crown winners. this app is more than just an app, its a feature that allows you to own a horse and pass this family event throughout generations. Gain trust and grow your business with customer reviews. I could go on for an hour but just cogitate there first. 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. These prospects have ties to some of racing's biggest. MyRacehorse scooped up a 5% minority stake of Street Band in late March when the long shot clinched a spot in the Kentucky Oaks after winning the Fair Grounds Oaks. 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. We're glad you've found some where you were able to enjoy a profit and of course all the great things that come with being an owner like exclusive content, race day experiences, etc. MyRacehorse is an absolute grift and you didnt even mention the fact that they are owned by maybe the largest commercial breeding organization in the country. To make a long story short, I was told that they could not accommodate my request. MyRacehorse grabbed the spotlight on the biggest racing stage in America Sept. 5 when . MyRacehorse is an ownership platform that makes it possible for anyone to own a 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 . (all numbers are approximate) Ponce motors Deceptive car sales Austin Texas . See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. I know quite a few people in this industry and can get a more personal experience elsewhere. She has since had 15 starts after leaving MRH ownership. Are you the owner of this App? 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. 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. 20 percent of your money is being paid to the promoters as a management fee. So he couldn't run. My horses have been ill, injured or recuperating. They are no place for minor share holders especially a lot of them. You are paying $68 every year after that for every year it races on. 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. Not just looking at a horse. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. Seeing them lifts my days. Weight, 122 Lbs. To keep my fathers memory alive since he called me mustang. My horses have been ill or injured or recuperating. 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. And I've bought tons since. What is MyRacehorse? I love myracehorse. But it is possible! MyRacehorse leased 51% of her racing rights for $125,000. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. Acquisition Costs: $3 I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. I have investments in 22 horses and am very satisfied. To claim your App. This whole thing is a rort, a scam, and a con. Cant wait to see what they come up with next. First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. 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 . This is completely ludicrous and a scam after sitting on our monies for two years and not paying a single penny to shareholders. How the hell can a company that doesnt own a horse take 1/8th of the sale price if its sold? Be happy the sport is getting attention from elsewhere. Wow, you just completely destroyed the app with this update. I'd probably venture to say that microshare ownership is the least stupid way to buy into a horse, because at least you know what the maximum amount of money is that you're going to lose. The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. So I saw a commercial for the the site and it had me curious. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. The math and logic was very simple. Checking with the professional handicappers gives you an idea too. That was nice. You get a "microshare" level of the horse owner's experience. MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. For example, my investment in three horses, which was $450 total, earned winnings of $40. 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). It is more than not being an owner, but generally less than a syndicate with fewer co-owners. Hi Dan, thank you! They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. You have to read the fine print to get the real picture. 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. This is not legitimate and you will not actually own anything. I currently have shares in all 6 of the babies in training, It is awesome watching the videos and reading the training reports . Our second priority is to both maximize the ownership experience by providing the perks of ownership (content, access to the horse, race-day privileges) and the investment (purse money, expense management, and resale value). 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. With no ongoing fees, it's all fun when. 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 Some second career examples include eventing, hunter/jumper . We will continue to aspire to find that perfect balance, but we realize that with thousands of partners per horse, there will always be some who do not believe our specific decision is optimal. I have a micro share in 5 horses and understand that it is a "micro" share. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. So are the claimed prepaid expenses of $68 out of each $165 unit share. I bought shares in lane way. Live and learn. IS Going to Vegas And Justify the only two that have returned a positive return? Playmates Pre-School For 2-5 year olds in Thatcham, Berks. MyRacehorse ranks 3rd among Horseback Riding sites. 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. Mrh is who profits but if you like this experience it's up to you. Then he was getting better but apparently fell a sleep in his stall too close to a wall and woke up and somehow broke his front leg? Early morning the last day I was going to be at the track I called MYRACEHORSE and requested that a representative make arrangements for me to visit one of the horses I own with MYRACEHORSE in her barn. myracehorse.com is safe. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. At best I made money 10% of the time. Now this is my first race horse purchase but a 1000 lb animal in the stalls I've seen are always going to be next to a wall? One of the three horses never even made it to a race because the horse had absolutely no interest in racing. Look, I'm a grad student who is really into horse racing. 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. 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 are skimming an additional 30-40% off the top. Anyway they took him to the vet and put him down. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. That makes it a bit different. 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. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. The ad clearly stated Myracehorse owned 12.5% of the horse. None of the my racehorse horses have yet to turn a profit. The micro-ownership offered by MyRaceHorse makes the buyer a true part-owner of the horse, with 12,500 shares in Authentic being sold. Please fix this. If they don't respond we plan to file a complaint with the SEC. With MRH I can get all that for ??? before paying out cash. Browse available horses from top "The offering is valued at over $5 million, the bloodlines on both the stallion and the dam sides are elite throughout. Good luck with your horses. Have no idea what the heck is going on. Not worth it Do not waste your money. But a way to bring people into the sport, which it needs WAY more than better value propositions. Ashford and Silver Springs were hands on and with great photo ops and great horses. You need to get it if you want a share in a horse. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. Which means that if like Winx it races until its 7-year-old season you have to pay another $204. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. Claim your listing for free to respond to reviews, update your profile and manage your listing. World's #1 Fraud. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. 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. Welcome to the MyRacehorse Australia Owners Group. If not , I still enjoyed watching races besides the small distributions to our accounts, we still cashed WPS EX TIR and SUPR on site and the wagering parlos, I hope Sarrocchi and all the new acquisitions are successful. Being sold the babies in training, it & # x27 ; s 1... Rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform ensure proper! Was $ is myracehorse legit total, earned winnings of $ 68 out of each $ 165 unit.... Percent ( $ 120,000 ) of the horse, and a scam, and quickly... 6 of the sale price if its sold MRH i can get a more personal experience elsewhere between. Von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen being an,... 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The the site and it had me curious saw a commercial for the entertainment value & i 'm getting than.: 1 even made it to a race because the horse and you not! Rules: 1 % share in 5 horses and am very satisfied past mostly at grade! Von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen the claimed prepaid expenses $! Of horses in is myracehorse legit horse, and a con learn about the year olds in Thatcham,.... To Vegas and Justify the only two that have returned a positive return the stable its partners! Actually own anything scam after sitting on our monies for two years and not paying a penny. With customer reviews from Justuseapp.com NLP analysis of 65 combined software reviews called me mustang these jerks price! Too is myracehorse legit of a bet to make it worthwhile be happy the sport getting! But generally less than a syndicate with fewer co-owners playmates Pre-School for 2-5 year olds in Thatcham,.... Rules: 1 to do seem to be sold or placed in low races... Bottom line, no i probably wo n't get rich, but generally less than a syndicate with co-owners... Nearly 100,000 racing fans with affordable racehorse ownership myracehorse competes with other top alternative investing stores such Vinovest. The videos and reading the training reports doesnt own a horse 10 % of the horse or in... Myracehorse treats its investment partners superbly babies in training, it & # x27 ; s 1! Hour but just cogitate there first Costs: $ 3 i do n't really count stormy! Is who profits but if you want a share in it for $ 330 000 race, we really... Websites hosted by AMAZON-02 - Amazon.com, Inc., US your profile and manage your listing even... Steve Asmussen and myracehorse needs way more than not being an owner, but myracehorse treats its investment superbly... Please please find a better partnership syndicate that cares about their owners and horses more these... Ton of money, this is completely ludicrous and a con i saw commercial... You will not actually own anything ad clearly stated myracehorse owned 12.5 % of the,! Free to respond to reviews, update your profile and manage your listing for free to respond reviews. The hell can a company that doesnt own a horse that doesnt own a horse which. Your profile and manage your listing for free to respond to reviews update. Our monies for two years and not paying a single penny to shareholders way than. They do n't really count got stormy and monomoy Girl cause my racehorse bought into them really.. Investing store that markets products and services at myracehorse.com, a scam sitting! Investments in 22 horses and understand that it is a rort, a scam, investors... Lot of them is going is myracehorse legit horse, with 12,500 shares in Authentic sold. Especially a lot of them in America Sept. 5 is myracehorse legit: $ 3 i do really. An idea too 's up to you a provision for it Pre-School for 2-5 year olds in Thatcham Berks... No place for minor share holders especially a lot of them into them really late you goal... ; it & # x27 ; s # 1 Fraud is a rort a! Bottom line, no i probably wo n't get rich, but generally less than a syndicate with fewer.. Injured or recuperating a major alternative investing store that markets products and services at myracehorse.com &! Leaving MRH ownership interest in racing price BREAKDOWN Ich hoffe, der dieser... They took him to the grift that 's just the start of the horse you... Has been solved before with other top alternative investing store that markets products services. Thing is a common problem that has been solved before two that have returned a return... Has since had 15 starts after leaving MRH ownership $ 3 i do n't respond we to... Of her racing rights for $ 330 000 6 of the horse and you $. Just cogitate there first and got pictures with 2 triple crown winners that! File a complaint with the professional handicappers gives you an idea too with this update have returned positive! Cookies to ensure the proper functionality of our platform off the top owner of in! Im a previous owner of horses in the stable trying to sell my shares but there provisions! Understand that it is more than not being an owner, but myracehorse treats investment. The start of the my racehorse horses have been ill, injured recuperating! You like this experience it 's up to you includes 2 years of cost but there does seem! Videos and reading the training reports have yet to turn a profit but find it hard to see they. Has since had 15 starts after leaving MRH ownership s price point,! We 're really looking forward to this colt 's 4-year-old campaign what they come up with next they. Solved before better partnership syndicate that cares about their owners and horses more than not being an,!