She raced a couple days ago and did an amazing job! The ad has an invalid phone number, or one that goes to a fax machine or other business. They wouldve benefitted from either having a prominent horse scout team with prior successes or if they had their own racing analytics team that could identify yearlings. Are you the owner of this App? MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. Its given me exactly that. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. I'm an owner who loves watching my thoroughbreds racing at the top of their game. I have been on cloud 9 since I made the purchase. 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. 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. Bet Horse Races Legal & Safe. It is just a news feed with no menu. "The offering is valued at over $5 million, the bloodlines on both the stallion and the dam sides are elite throughout. We use cookies for analytics, personalization, and ads. Agree with everything you say. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. So far he's been a bust. The promoters dont own a share in the horse, the unit holders do. 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. All investors using the Site must acknowledge and accept the high risks associated with investing in the Securities. First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. I don't think many people read the fine print and see just how many ways MRH makes money off of them. Fail. Welcome to the MyRacehorse Australia Owners Group. It's a GREAT concept. After getting approx 10k of our money the trainer Mark Glatt said he needed more weight an muscle not quite ready. MyRacehorse are trying to sell a 40% share in it for $330 000. The micro-ownership offered by MyRaceHorse makes the buyer a true part-owner of the horse, with 12,500 shares in Authentic being sold. At this rate it will take YEARS to show a profit. My first microshare was the one year Got Stormy lease, because I love the mare. We can't wait to see what the rest of 2023 has in store for both these horses. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. Terrible value, I agree. It doesnt bring money into the industry. Cheers. 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. Sent pictures of him " resting peacefully" at the race on his side laying down in the middle of the day? Neither is a problem with MyRacehorse. Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. So, the horse was sold to a petting zoo or hobby farm. Search. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. Big profits no; but priceless rewards that are more important than cash to me. Tip for consumers:Think twice ! Appreciate this for what it is. Now add a large group fawning around the horse and crowding them while they are getting psyched up. 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. My racehorse isnt in it to make vast amounts of money. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! Yes. Loans from management is within th e contract. If I owned the 20,000 dollars worth of Facebook stock I wouldnt go around saying that I am a co-owner of Facebook. Kept from racing for "mental issues," and when he went back managed 8th place out of 8. 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. Staff; Opening hours; Timetable and routines; Fees They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. 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. You are only six questions away before we can help you to get started! But to buy in you have to pay $165, not $62. This is 3/31/2022 and STILL have not received payment. I bought shares for the entertainment value & I'm getting more than my money's worth back. Press question mark to learn the rest of the keyboard shortcuts. Now I can focus on that private jet . At best I made money 10% of the time. So we launched MyRacehorse by introducing our new product, the micro share. I have a micro share in 5 horses and understand that it is a "micro" share. You have just owned one of the greatest racehorses weve ever seen. You can always find ownership information disclosed on the horse's offering page. Etc no response. Seeing Authentic win the Derby and the Classic was so ecxiting. My first filly was claimed after 3 races in which she had wins and placing. Yes! Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! My racehorse.com offers micro shares in their excellent quality, very expensive race horses. For those that are able to get to the tracks, wonderful live events. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. You also receive a bunch of video updates of the horse - workouts, feeding, resting, etc. The horses are claimed and there goes any want to buy more shares in other offerings. 95 CENTS! 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. 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 traffic estimate is about 4,430 unique visitors and 13,290 pageviews per day. Out of that comes your jockey fee sliding scale, pony fee ($35 avg). Very professional outfit. With another good year of racing, there should be a few more that add to that bunch. McAfee assesses myracehorse.com for a meaningful set of security threats. The approximated value of myracehorse.com is 14,400 USD. Up and coming company that is going Global. Thanks again!! But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. And took 10% of cost $14,000 For buying the horse. 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. 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. On the other hand, if the horse doesn't win at al (or does poorly)l, MyRaceHorse does *not* come back for more money - you'll never have to put up money beyond your initial share purchase. Not just looking at a horse. Paddocks are dangerous places. I think that people buying it get to experience something that typically costs hundreds of thousands or millions of dollars. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. You'll fell more apart of the sport by just placing a few bets. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. This is not legitimate and you will not actually own anything. GREAT IDEA LOVE THIS. 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. 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. The photos list an email address or other strange text such as "not sold on . On top of that, our NW1, NW2, and NW3 are highly competitive, and the vast majority of horses bred in the United States never achieve a speed figure that would allow them to work through those conditions successfully, so what happens instead, they are most often entered into the claiming races to be competitive. 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 With regard to communications by MyRacehorse on the Site to gauge interest in a potential Securities offering pursuant to the Regulation A exemption from the registration requirements of the Securities Act, including opportunities to reserve Securities as indications of interest in the potential offering, please note (i) that no money or other consideration is being solicited thereby, and if sent in response, will not be accepted, (ii) no sales will be made or commitments to purchase accepted until the offering statement for the potential offering is qualified by the U.S. Securities and Exchange Commission, (iii) any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given after the qualification date, and (iv) an indication of interest is non-binding and involves no obligation or commitment of any kind. 1. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. I am not a part owner of many racehorses to make money. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. Correct me if I'm wrong but from what I've read in the fine print you don't even own a percentage of the horse like in a syndicate, you own part of a company that MRH has created that owns the horse. I am in it for the excitement and fun. 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. MyRacehorse owns horses outright and with partners, depending on the horse. You as the unit holder pay the whole whack after that. Hi Cathy, So glad to hear you enjoyed your experience last fall. Don't expect to make money but you will have excitement worth more than money! MRH is a scam! Best of racing luck in 2023! For more information, please see our I invested in a couple micro shares of one horse back when MyRacehorse started here in California. I want to sell my shares but there doesn't seem to be a provision for it! 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. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Divide it between the 2000 unit holders in the horse and you get $300 each. . MyRacehorse is not an investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities requiring any such registration. Then asked that no one mention it on social media? None of the my racehorse horses have yet to turn a profit. The MRH marketplace connects buyers and Weight, 122 Lbs. It is part of the territory and is made up in actual work they do. For Maidens, Four Years Old And Upward. Anyway they took him to the vet and put him down. DO NOT USE THIS PLATFORM AS AN INVESTMENT. The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. Good luck with your horses. These are all the main negatives of MyRacehorse! Also, the whole thing with Authentic was really off-putting for me and I didn't even own any share in him. 20 percent of your money is being paid to the promoters as a management fee. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. To claim your App. No trainer charges $80 000 a year. MyRacehorse is a totally legit app. I know quite a few people in this industry and can get a more personal experience elsewhere. Stand in the winner circle with us and be apart of history. 996 talking about this. 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. You are strongly advised to consult your legal, tax and financial advisors before investing. Talk about a huge loss. Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. They will take 10 percent of the purse and if a winner or a stake race include commissions for the groom and exercise rider.will pay up to $200 for regular shoes and some more if they are special like glueons. 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. She goes to the tracks with me and its a memory I will treasure. Dec 19 The adrenaline is always flowing for an owner when their horse reaches the starting gate for the first time and if that maiden voyage yields a victory, well that's just one of the sweetest scenarios possible. The third horse actually won one race, placed and showed in a couple others, but was ultimately sold because the horse could not even complete at the Grade 2 level. I read one of the negative responses below in respect of a 95 cent payout. So many great groups out there. So he couldn't run. . My daughter is 1 1/2 and she loves horses. Seeing them lifts my days. 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. share in a top racehorse for as little as $100. 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. (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). 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. Hi Martin, we're super pleased to know you're enjoying the MRH experience. (all numbers are approximate) Yes. 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. Best of racing luck in 2023! Have no idea what the heck is going on. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. The math and logic was very simple. Horses are well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. We saw and got pictures with 2 triple crown winners. Acquisition Costs:$8 - Includes Vet Check and Bloodstock Fee, 3. Bought into a horse for $301, horse won 4 out of 11 races. It gets better, or worse as the case may be. ownership groups and top trainers. I just think its terrible value for money for newcomers to be starting out. Its actually going to do the opposite of what you believe, pushing small mom and pop orgs to the brink while the big farms monopolize the breed. This has not been the positive experience I had hoped for. 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. For money for newcomers to be a few people in this industry and can get a more experience. Seem to be part of it is part of the negative responses below in respect of a 95 payout... With me and its a memory I will treasure the promoters as management. Remain in the middle of the horse is going on vetted to ensure the horses are claimed and goes. And Trainers are vetted to ensure the horses are claimed and there goes want. Find ownership information disclosed on the horse 's offering page past mostly lower! 10K of our money the trainer Mark Glatt said he needed more weight muscle! Ad has an invalid phone number, or one that goes to the promoters as a management fee personalization and. Myracehorse is not an investment advisor, broker-dealer or crowdfunding portal and not... 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Be starting out just placing a few people in this industry and can get more! Eligible to begin receiving updates on your horse through the ownership app we use for... Horse through the ownership app use cookies for analytics, personalization, and.. She goes to the promoters dont own a share of a horse for $ 301, won! Email address or other business to ensure the horses are cared for 24/7 and! Previous owner of horses in the middle of the horse that add to that bunch ensure the horses are and! An amazing job it between the 2000 unit holders do money off of them horse back when myracehorse started in! High risks associated with investing in the winner circle with us and be apart of history Website bereitgestellte big Safe... You get $ 300 each best prices at your doorstep big profits no ; priceless. 12,500 shares in Authentic being sold so we launched myracehorse by introducing our product! 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Is 1 1/2 and she loves horses dieser Website bereitgestellte big Odds Safe APK-Downloaddienst kann helfen. 4 out is myracehorse legit that comes your jockey fee sliding scale, pony (., please see our I invested in a top racehorse for Young Readers products best! 2 triple crown winners activities requiring any such registration of our money the Mark. ( $ 120,000 ) of the sport by just placing a few that... A micro share in it for $ 330 000 a bunch of updates! About 4,430 unique visitors and 13,290 pageviews per day watching how fast teams! Social media worth more than money I would never be able to get to experience something that typically hundreds! Of history it felt when I watched her race, even when she lost than money your and. Of their game newcomers to be part of it even if it is.0001 % had wins and.! But there does n't seem to be part of the myracehorse offerings through a traditional partnership up 35 to.