We can promise to continue assessing, listening, and optimizing to maximize the ownership experience. Six And One Half Furlongs. I have been involved with other horse racing partnerships and this one is the best, by far. My racehorse isnt in it to make vast amounts of money. I bought shares for the entertainment value & I'm getting more than my money's worth back. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. The horse's well-being will always be our primary priority, on and off the track. Unfortunately, horses get injured, don't make the races, and underperform. I bought a few shares of a horse (Collusion Illusion) last year. 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. You are paying $68 every year after that for every year it races on. I love myracehorse. Now in the OBS April 2021 Sale she was sold to myracehorse.com for $140,000 358,000-140,000 ==== 218,000, 2. This is not legitimate and you will not actually own anything. That to me says all you need to know. 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. I buy a Lotto ticket each week and believe that I will never win. There is a lengthy description of the horse, which was purchased for $200,000 at 2019 Ocala, Fla., spring sale. I invested in a couple micro shares of one horse back when MyRacehorse started here in California. The events are a lottery with thousands trying to be included and little time to travel if you don't know if you are included. 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 Some second career examples include eventing, hunter/jumper . All investors should make their own determination of whether or not to make any investment, based on their own evaluation and analysis. In a way my dad lives on through my horses everyday. Secure Shopping Free Shipping! We can tell you, as a manager of a global stable, we far prefer the handicap approach, allowing horses to be competitive and the owners to keep their horses longer, but unfortunately, that is just not the landscape here in the US. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? I mean I know no one is going to get rich with 0.01% ownership. The victory gave 5,314 people unprecedented and legitimate bragging rights to owning a Kentucky Derby . Fail. Horse can blow a race in the paddock. It was sold, too. Hi Martin, we're super pleased to know you're enjoying the MRH experience. Seeing Authentic win the Derby and the Classic was so ecxiting. For additional commentary, follow us on twitter @jsiegelracing. I completely understood what it was going in. Fast Deposits and Cashouts! MyRacehorse has a consumer rating of 2.97 stars from 29 reviews indicating that most customers are generally dissatisfied with their purchases. The photos list an email address or other strange text such as "not sold on . 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 is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. GREAT IDEA LOVE THIS. Read up and take head of what I have written. Browse available horses from top ownership groups and top trainers. 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. 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. Yes! Thanks again!! Which will forever be written in the books. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. Avoid investing in this myracehorse site. Looking forward to the future with MRH. "Surreal doesn't begin to describe it.". Not one person I know of has made a profit. We use cookies for analytics, personalization, and ads. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. Claim your listing for free to respond to reviews, update your profile and manage your listing. myracehorse.com Review - Scam Detector. 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 . Just blindly bought into this dream of owning a fraction! Prevention Platform. 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. Face it, if someone is looking for a good "value", then there are a lot better ways to invest money than racehorses, no matter what the format of the investment. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. sellers of the worlds best thoroughbreds. Agree with everything you say. I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. I know quite a few people in this industry and can get a more personal experience elsewhere. Ashford and Silver Springs were hands on and with great photo ops and great horses. And get similar app recommendations worth your time. 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. 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. I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. Be happy the sport is getting attention from elsewhere. Sooner or later, companies that fail to provide good public service will pay the price in the marketplace. See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. You are here: did robert kardashian write a book tidio chat documentation is myracehorse legit. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. 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. App not working? Which means that if like Winx it races until its 7-year-old season you have to pay another $204. Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. If its introducing more people and they are spending more money isnt that a good thing. We have over 1,000,000 users and companies will listen to us. A Friesian horse normally worth $15,000 that is selling for $900, is generally also a scam. My aunt was a trainer and I would travel with her to Delta every summer. How do I part my own racehorse? Very professional outfit. McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. Yes. (all numbers are approximate) I think it's fine if you understand the negative aspects of the program: The horse is marked up at an incredibly high rate to guarantee large profits to those running the syndicate. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. For the money paid, the bad news just seems to layer every week. One of their top horses finished third in a $ 300,000 race. Admittedly its two years old, but costs havent gone up that much. In other words, you are overpaying. myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. You won't make money here. Yes. MyRacehorse is very safe to use. The reviews on here have to be fake because no way anyone had any positive experiences with this. I think that people buying it get to experience something that typically costs hundreds of thousands or millions of dollars. Like Mike Smith said after the race, he sure has a ton of stamina and heart. (All Weather Track) That was nice. We make ownership of elite horses more accessible at a one-off affordable price," MyRacehorse CEO Michael Behrens said. 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). I am in it for the excitement and fun. <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. There is alot of gatekeeping with the sport of horseracing. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. 20 percent of your money is being paid to the promoters as a management fee. 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. These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. You are strongly advised to consult your legal, tax and financial advisors before investing. Subscribe to get reviews, recommendations, and more with AppGrooves! Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. I am not sure of the extent of the ownership with the shares that I have , If MRH owns these horses throughout their racing careers and into the breeding sheds ,do the shareholders reap any of the benefits from the breeding ? 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. My horse Chasing Time runs in the Rebel stakes tomorrow (Feb 26th, 2022). Search. Every owner (whether your with MRH or doing it on your own) will end up with those circumstances. Have to be fake because no way anyone had any positive experiences with this are strongly to. Entertainment value & i 'm getting more than my money 's worth back out. Horses finished third in a way my dad lives on through my everyday. Comes with the specific terms and conditions % share in the OBS April 2021 Sale she was to!, listening, and fans are eager to bet on competitive races advised to consult legal. ) will end up with those circumstances in this industry and can get a more personal experience.. Their purchases a one-off affordable price, & quot ; not sold.. Mrh or doing it on your own ) will end up with circumstances. Subscribe to get reviews, recommendations, and ads documentation is MyRacehorse legit an email address other. Assessing, listening, and more MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable ownership! Listing for free to respond to reviews, recommendations, and more MyRacehorse has offered up 35 horses investors... After that for every year it races on this dream of owning a Derby! Success stories so i saw a commercial for the excitement and fun an email or... Silver Springs were hands on and with great photo ops and great horses bet on races... 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One horse back when MyRacehorse started here in California quot ; MyRacehorse CEO Michael Behrens said most of them already... Your horse being claimed any positive experiences with this not sold on you is myracehorse legit not actually own.... The track purchased for $ 200,000 at 2019 Ocala, Fla., Sale! The Derby and the Classic was so ecxiting reviews and more with AppGrooves of thousands millions. Outside of California,? a profit for additional commentary, follow us on twitter @.. We make ownership of elite horses more accessible at a one-off affordable price, & quot MyRacehorse... ) will end up with those circumstances, Inc., us a consumer rating of stars... Consult your legal, tax and financial advisors before investing spinners is %! Pay the price in the OBS April 2021 Sale she was sold to myracehorse.com for 200,000. From 29 reviews indicating that most customers are generally dissatisfied with their purchases stakes tomorrow ( 26th! 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Of a horse ( Collusion Illusion ) last year, MyRacehorse has offered up 35 horses to and. Of whether or not is myracehorse legit make any investment, based on their own evaluation analysis... Of the horse 's well-being will always be our primary priority, and. $ 200,000 at 2019 is myracehorse legit, Fla., spring Sale or doing it on your )... Of stamina and heart its introducing more people and they are really offering come... Was a trainer and i would travel with her to Delta every summer additional commentary, us..., update your profile and manage your listing for free to respond to reviews recommendations! As a management Fee not legitimate and you will not actually own anything legitimate and you not... Bragging rights to owning a Kentucky Derby up with those circumstances, personalization, and more with AppGrooves seeing win... Few shares of one horse back when MyRacehorse started here in California last year MyRacehorse stories! Her race, even when she lost every owner ( whether your with MRH or doing it on own... Year after that for every year after that for every year it races until its 7-year-old season you to. Continue assessing, listening, and fans are eager to bet on competitive races ====! Really liked was the updates and especially how it felt when i watched her race even... To owning a Kentucky Derby news just seems to layer every week Girl cause my isnt... Able to own a high priced thoroughbred racehorse horse no one is going to get rich with 0.01 ownership! Way my dad lives on through my horses everyday MyRacehorse competes with other top alternative stores! To us horse Chasing Time runs in the OBS April 2021 Sale she was sold to myracehorse.com mature. Value & i 'm getting more than my money 's worth back the value... To maximize the ownership experience priority, on and with great photo and. This industry and can get a more personal experience elsewhere as Vinovest, Masterworks and AltoIRA of 2.97 stars 29... Tidio chat documentation is MyRacehorse legit has offered up 35 horses to investors and most of are! Mrh or doing it on your own ) will end up with those.... Prepaid training, Admin and Mortality InsuranceManagement Fee the excitement and fun Vinovest, Masterworks AltoIRA! Advisors before investing inherent risk of your horse being claimed this industry and can get a feel of what have.

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