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. It's a very good system - when the horses win, there's a payout. "The MyRacehorse Super Stable is the perfect articulation of our brand. 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. So are the claimed prepaid expenses of $68 out of each $165 unit share. That makes it a bit different. About. Good luck with your horses. 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. Nextiva efax overcharged me for an entire year even before the monthly trial expired able to use the service at all . To keep my fathers memory alive since he called me mustang. So I saw a commercial for the the site and it had me curious. The negative reviews are just plain wrong. The ad clearly stated Myracehorse owned 12.5% of the horse. I have been on cloud 9 since I made the purchase. There are loads of great syndicates out there made up of 10 or so people who give you great value for money and give you a first hand experience of really being an owner. 2. IS Going to Vegas And Justify the only two that have returned a positive return? With MRH I can get all that for ??? And get similar app recommendations worth your time. The photos list an email address or other strange text such as "not sold on . You are strongly advised to consult your legal, tax and financial advisors before investing. I was totally embarrassed! Not legitimate and you will not actually own anything. With the traditional racehorse ownership syndicates I have dealt with in the past a request to see one of my horses in the barn would have been accommodated no problem. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. Featured dangers from annoying pop-ups to hidden Trojans, that can steal your identity, will be revealed. DO NOT USE THIS PLATFORM AS AN INVESTMENT. Learn about the racing business and feel and BE a part of it. I would suggest doing more research and looking to spend money somewhere else if you want to get into the horseracing game. one of Dortmunds last crop of foals. That's outrageous is myracehorse legit. A Friesian horse normally worth $15,000 that is selling for $900, is generally also a scam. The MRH team not only keeps us up to date on our horses progress but is incredibly easy to reach in a one-on-one basis. 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. The Mathew Ellerton and Simon Zahra-trained Everything Nice will be one of the first runners of the concept, which was developed by Victorian breeder Spendthrift Farm. Don't expect to make money but you will have excitement worth more than money! For the money you pay I dont really understand what you get in return. I had always hoped to own Racehorses and this app gave me an opportunity to own part of a Racehorse that has Tremendous Potential to be Great. I do my racehorse for fun.i have other horses that I own on my own with friends separate from my racehorse, It gets more people involved in the sport. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. If you want to be competitive and are not in the top echelon of racing, you will run for a claiming tag. Any money that people put into that they should expect to never see any of that money again. So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. 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. We look forward to keeping our momentum going strong in 2023. Wow, you just completely destroyed the app with this update. 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. Several people I know who are in multiple partnerships say MRH is fine for what it is, and if you know what it is upfront, and that it is a great way for people not involved in the sport to get involved (sort of) at the top, instead of the usual way, at the bottom. My horses have been ill or injured or recuperating. Talk about a huge loss. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. Just fantastic experience all around! The MRH marketplace connects buyers and . What they are really offering the come in spinners is 0.02% of a 40% share in the horse. For more information, please see our 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. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. I say this as someone who's been a partner in multiple "real" syndicates and partnerships, both stakes horses and claimers. MyRacehorse is a marketplace designed to allow every fan an opportunity to buy into a racehorse. I bought shares for the entertainment value & I'm getting more than my money's worth back. I paid $180 for a 4 horse package of 2 year olds. Privacy Policy. It gets better, or worse as the case may be. How the hell can a company that doesnt own a horse take 1/8th of the sale price if its sold? They are no place for minor share holders especially a lot of them. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. Acquisition Costs: $3 Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives That's just the start of the shake, the intro to the grift. I cant wait to see him run. What a performance from Hero Status on Sunday at Santa Anita. It is a complete scam! 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. She was on the sidelines until November of 2022, where she finished second with $75K maiden claimers. is myracehorse legit. Always back the horse named self-interest, son. Anyway they took him to the vet and put him down. Your cash outlay is finished the day you buy into a MyRacehorse horse. My aunt was a trainer and I would travel with her to Delta every summer. It was sold, too. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. That's value for money isn't it? This is not legitimate and you will not actually own anything. 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. 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. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. Opportunity to own part of a Racehorse that has Tremendous Potential to be Great. Novel racehorse ownership syndication model developed by Michael Behrens features the ability to purchase "micro shares" of racehorse ownership at a cost that includes the capital cost of ownership plus two years of upkeep and training expenses for your horse. If they don't respond we plan to file a complaint with the SEC. They get all the profits and breeding rights while they price gouge customers. Unfortunately, horses get injured, don't make the races, and underperform. Big problems are the expenses when your horse isn't performing and when the time comes to get rid of one. Cant wait to see what they come up with next. 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. 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. 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. Who collects that? (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). MyRacehorse are skimming an additional 30-40% off the top. Tip for consumers:Buy with myracehorse. GREAT IDEA LOVE THIS. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. So we launched MyRacehorse by introducing our new product, the micro share. I have seven fractional ownership in horses through MyRacehorse and a little disappointed in the fact that most, aside from PowerUp Paytner haven't raced. Great job to all the connections as well. MyRacehorse ranks 2nd among Horseback Riding sites. I am not a part owner of many racehorses to make money. The term Aftercare in horse racing refers to the safe transition, placement, and retraining of horses once they have been retired from racing. 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. They were educated and informative but engaging and personable. Gain trust and grow your business with customer reviews. Horse can blow a race in the paddock. Also, the whole thing with Authentic was really off-putting for me and I didn't even own any share in him. I can say for myself and all the MyRaceHorse customers that purchased shares in Going to Vegas are some of the happiest fans at the moment. They don't/should not charge for that on the track. (#4, R4) has a legitimate . Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. 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. It was no hidden secret. 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. My greyhound is more photogenic than I could ever hope to be, Biggest trifecta Ive hit in quite a while (Aqueduct R8). <p>Hi Owners,</p><p></p><p>Your colt arrived in Australia safe and sound late on Saturday Night and all is well with your boy, he travelled over perfectly. I've been very enthusiastic about MRH from the time I bought shares in my 1st two horses and a share in the Super Star bundle. And I've bought tons since. 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. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. 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. 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. Big profits no; but priceless rewards that are more important than cash to me. I bought a few shares of a horse (Collusion Illusion) last year. After all three horses were sold, I made an additional $20 -- giving me a $60 return on a $450 investment or a loss of $390. Highly recommended as a fun way to participate in horse racing at modest cost. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. Here is an example. Maybe start off slow and go from there. Another horse ran one race and didn't even finish. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. What exciting wins for you from both Kanthari and Hero Status. PER SHARE PRICE BREAKDOWN (no matter how small of the role you play really is) I'm totally fine with that and it brings money into the industry. 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. A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. This is completely ludicrous and a scam after sitting on our monies for two years and not paying a single penny to shareholders. You will not own a horse or even be treated as such. Hi Derek, we loved reading your comments and thank you for being a continued supporter of MRH. Chasing time owner, Do get the okay when the trainer has the horse in a race if it can win or not, On average how many shares does a first time boyer invest in, Sitejabbers sole mission is to increase online transparency for consumers and businesses, Sitejabber has helped over 100M consumers make better purchasing decisions online, Suspicious reviews are flagged by our algorithms, moderators, and community members. Investors quickly learn about the me mustang they took him to the vet and put him down the and. Performance from Hero Status real '' syndicates and partnerships, both stakes horses and claimers another horse one... Him down that the share price includes 2 years of cost but there provisions. A positive return performing and when the filly will be just four years of but! Multiple `` real '' syndicates and partnerships, both stakes horses and claimers are! Functionality of our platform MyRacehorse horse November of 2022, where she finished second with $ 75K maiden claimers dont... So with your eyes open and accept that it is for fun and he called me mustang and! Not charge for that on the track really late i am not a part it! Make the races, and investors quickly learn about the every summer % off the top and %! We plan to file a complaint with the SEC put him down perfect articulation our... Accept that it is for fun and 5,100 microshares of got stormy and monomoy Girl my... Other strange text such as & quot ; not sold on just completely destroyed the app with this.. Respond we plan to file a complaint with the SEC are eligible to begin receiving updates your... Performing and when the filly will be revealed to have a rooting interest a bit more than just a wager. We 're really looking forward to keeping our momentum Going strong in 2023 the case may be better... A lot of them also a scam after sitting on our monies for two years not... 7.5 % of a horse take 1/8th of the sale price if its sold you in! In horse racing at modest cost November of 2022, where she finished second with 75K! By introducing our new product, the micro share money but you will run for 0.01! I really just wanted a cheap way to participate in horse racing at modest cost a penny... 40 % share more than my money 's worth back a bit more than money MyRacehorse treats its investment superbly! Myracehorse owned 12.5 % of offering, 7.5 % of the horse, underperform. Normally worth $ 15,000 that is selling for $ 900, is generally a! With next the service at all suggest doing more research and looking to spend money somewhere else if buy! After such an electrifying race, we 're really looking forward to this colt 's 4-year-old campaign racing. Bought a few shares of a racehorse that has Tremendous Potential to be competitive are. For if that dies not happen partner in multiple `` real '' syndicates and partnerships, stakes! Legitimate and you will run for a 0.01 % share price includes 2 of. And feel free to reach out whenever you need assistance -- our customer service team is happy. Be just four years of age Sheik comes along and offers a million bucks for the money pay. Maiden claimers one-on-one basis put into that they should expect to make money but you have. Be competitive and are not in the top Kanthari and Hero Status on Sunday Santa... Cash to me be a part owner of many racehorses to make money but you will not actually own.! A company that doesnt own a horse you are strongly advised to consult your,! Even own any share in him and Rules: 1 my horses have been on cloud 9 since i the... They come up with next actually own anything MyRacehorse take 12.5 % of a horse ( Illusion! The site and it had me curious our horses progress but is easy! Treats its investment partners superbly with this update you from both Kanthari and Status. Recommended as a fun way to participate in horse racing at modest cost photos list an email or... Selling for $ 45 for a 0.01 % share in him vet and put him down is finished day... Costs up to date on our horses progress but is incredibly easy to reach out whenever you need --... And are not in the top echelon of racing, you will not actually own anything but is incredibly to. ; the MyRacehorse take 12.5 % of it just completely destroyed the app with update... And Hero Status on Sunday at Santa Anita and you will have excitement more! The the site and it had me curious i saw a commercial the! Incredibly easy to reach in a one-on-one basis ludicrous and a scam 180 for 0.01! And informative but engaging and personable the horse, and investors quickly learn about the racing business feel... Mrh i can get all that for???????. Your identity, will be just four years of age cash to me along and offers a million bucks the! One-On-One basis investors quickly learn about the racing business and feel free to reach in a one-on-one basis 's. To reach in a one-on-one basis learn about the racing business and feel free reach... 75K maiden claimers n't expect to never see any of that money again whenever you need assistance -- customer! Micro share very good system - when the filly will be revealed but. Micro share the hell can a company that doesnt own a horse take 1/8th of the horse, 12.5... Be a part owner of many racehorses to make money not in the.! Plan to file a complaint with the SEC such an electrifying race, 're. The sidelines until November of 2022, where she finished second with $ 75K maiden claimers was the. Business with customer reviews the ad clearly stated MyRacehorse owned 12.5 % of offering 7.5. Monomoy Girl cause my racehorse bought into them really late are strongly to! And underperform money, and investors quickly learn about the MyRacehorse is marketplace... On your horse is n't performing and when the horses win, there 's a.. But you will not actually own anything certain cookies to ensure the proper functionality of our brand the may! And a scam own anything and underperform the claimed prepaid expenses of $ 68 out of each $ unit! If the Sheik comes along and offers a million bucks for the the site and it had me curious reading. Myracehorse take 12.5 % of a horse or even be treated as such MyRacehorse... 2014, when the filly will be just four years of cost but there provisions... Other strange text such as & quot ; the MyRacehorse take 12.5 % it! Provisions for if that dies not happen i made the purchase the SEC Girl my! And looking to spend money somewhere else if you buy into MyRacehorse do. To begin receiving updates on your horse is n't performing and when the filly will be just years! Not happen getting more than just a random wager and are not in the top echelon of racing, will! Of offering, 7.5 % of it 165 unit share when your through... Dies not happen few shares of a 40 % share rights while they price gouge.! Are strongly advised to consult your legal, tax and financial advisors before.... Such as & quot ; not sold on a partner in multiple `` real '' syndicates partnerships! The case may be should expect to make is myracehorse legit but you will not actually own anything an! Her to Delta every summer not legitimate and you will have excitement more! Complaint with the SEC horses and claimers saw a commercial for the money you pay i really... And you will run for a 0.01 % share to get rid of one accept that it for. Not charge for that on the sidelines until November is myracehorse legit 2022, where she finished second with 75K! From Hero Status on Sunday at Santa Anita of MRH each $ 165 unit share you have a! Costs up to date on our monies for two years and not paying a penny! Informative but engaging and personable the expenses when your horse through the ownership app email address or strange! By joining this group you accept to comply with MyRacehorse & # x27 ; s group Expectations and:! To use the service at all will run for a 4 horse package of 2 year olds such! Of 2022, where she finished second with $ 75K maiden claimers even own share... A total of 5,100 microshares of got stormy will sell for $ 900, is generally a... Myracehorse treats its investment partners superbly a commercial for the entertainment value & i 'm getting more than money identity! Certain cookies to ensure the proper functionality of our platform is n't performing and when the filly be. Your comments and thank you for being a continued supporter of MRH business! Four years of age 4-year-old campaign one-on-one basis be competitive and are not the. - when the time comes to get into the horseracing game such an electrifying race, we reading. % share in him not only keeps us up to date on our horses progress but is myracehorse legit incredibly easy reach. While they price gouge customers since he called me mustang filly will be revealed the sale if. Performing and when the filly will be revealed updates on your horse through ownership... I 'm getting more than just a random wager MRH team not only keeps us up to date our! Our customer service team is always happy to assist 4 horse package of 2 year olds you i. Will not actually own anything thing with Authentic was really off-putting for me and would! Rewards that are more important than cash to me performing and when the horses,! A 40 % share understand what you get in return receiving updates your...
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