I also agree on anyone who calls themselves an "owner." I have owned racehorses for over 50 years. About. It's also a lot of fun to own a horse and see it race (online the last 18 months - maybe in-person soon!) I am looking forward to watching my horses race, and if I get 95 cents, it will be a bonus. 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 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. I was with my brother and nephew, both of which have lived in the Saratoga Springs area their whole like, both own horses, and both know their way around the barns at Saratoga as well as anyone and the MYRACEHORSE people wouldn't even give us a barn number for the horse so we could find the horse ourselves. 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. MyRacehorse owned a 12.5 percent stake in the Derby colt and sold micro shares of Authentic ownership to 5,314 people almost 1,000 of whom signed up on Derby day. 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. Bought into a horse for $301, horse won 4 out of 11 races. So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. Start Saving with Free Coupons Delivered Daily. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. GREAT IDEA LOVE THIS. Myracehorse.com traffic estimate is about 4,430 unique visitors and 13,290 pageviews per day. Plus, with the equity you also get to enjoy any race . MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under 200. I plan on purchasing more horses. Our team strives to deliver a wonderful experience and we are so grateful to all of our partners who are part of our amazing community. Possibly you may break even. And so much fun! Get started today. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. So we launched MyRacehorse by introducing our new product, the micro share. First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. I was totally embarrassed! Best of racing luck in 2023! This is completely ludicrous and a scam after sitting on our monies for two years and not paying a single penny to shareholders. With another good year of racing, there should be a few more that add to that bunch. I really don't think most people do. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. McAfee assesses myracehorse.com for a meaningful set of security threats. Very professional outfit. 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. However, I would like to hear experiences both good and bad from others who got involved with this. Thus if the horse is injured prior to selling off they lose $85,000 ($75k + xrays, tax on $75k, vanning vets). For additional commentary, follow us on twitter @jsiegelracing. Unbelievable RIP Show Your Cards! So many great groups out there. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. Sooner or later, companies that fail to provide good public service will pay the price in the marketplace. 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. Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. Reddit and its partners use cookies and similar technologies to provide you with a better experience. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. Neither is a problem with MyRacehorse. At this rate it will take YEARS to show a profit. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives MRH has improved in all areas. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. 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 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. Horses are well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7. Its given me exactly that. I want to sell my shares but there doesn't seem to be a provision for it! Eh - Im a member and have had a lot of fun with it. Save your money. We hope you continue to enjoy the ride! MyRacehorse is not an investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities requiring any such registration. Management Fee: $32 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. That to me says all you need to know. Markup varies but thats just a thumbnail idea. What I didn't think through enough before I made my investment switchover to MYRACEHORSE is something that should have been a front and center consideration in my thinking and that is good customer service, or lack thereof. Auf der offiziellen IPGY-Website knnen Benutzer die Android-Version der Big Odds Safe-Anwendung online herunterladen. 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. She has since had 15 starts after leaving MRH ownership. This is not legitimate and you will not actually own anything. 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. Opportunity to own part of a Racehorse that has Tremendous Potential to be Great. Are you the owner of this App? Secure Shopping Free Shipping! Look, I'm a grad student who is really into horse racing. Very unlikely to profit - but will get a chunk of my money back plus countless hours of following and watching the horses I invested in. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. and bet on it and see it win! Great job to all the connections as well. Cancel a subscription / trial at anytime by blocking the site or app on your Justuseapp Card. You could feel more part of a horse and make more money if you bet $2 to win everytime and then just bought a win picture for $15 if the horse won. But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. I say this as someone who's been a partner in multiple "real" syndicates and partnerships, both stakes horses and claimers. We're enjoying those training videos and reports as well! (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. Cant wait to see what they come up with next. 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. War Emblem was always my favorite RaceHorse until I purchased shares in Mo Mischief! My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. What exciting wins for you from both Kanthari and Hero Status. Up and coming company that is going Global. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. 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. It doesnt bring money into the industry. Ive been an owner for 25+ years, Id like to clarify some of your points that are all factually correct. 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. Most positive reviews for this company have to be fake. 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. You need to get it if you want a share in a horse. You are only six questions away before we can help you to get started! What's the sense of investing tens of thousands of dollars in a horse(s) if you can't get the opportunity to see it(them) up close and personal. This bundle certainly has had a tough go of it but is a microcosm of what one faces as an owner in this tough but rewarding business. Allows you to own a horse and pass this family event throughout generations. I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. The photos list an email address or other strange text such as "not sold on . 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. 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. You get a "microshare" level of the horse owner's experience. The horse's well-being will always be our primary priority, on and off the track. So far their customers are getting sucked into high priced yearlings with poor pedigree ratings and race records. Tara U THEY SCAM THOUSANDS OF PEOPLE WITH THEIR FLOWER ORDERS. It's a GREAT concept. In addition to the app updates, the MyRacehorse ownership team will provide a suite of experiential services for owners. Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. Have contacted MRH 3 times. Good luck with your horses. You'll fell more apart of the sport by just placing a few bets. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. Number 2 meant they paid a vet $2000 to vet check the horse before sale. The reviews on here have to be fake because no way anyone had any positive experiences with this. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. Helpful Share Aug 7, 2018 Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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"). This is their payout for a horse that's a major, top money maker. You as the unit holder pay the whole whack after that. Read up and take head of what I have written. Not worth it Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. 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. 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. You will not own a horse or even be treated as such. 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 MRH is a scam! I feel like they entered the space a little too early. The yearling in question was sold just three months ago through the Magic Millions sale ring. 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. Seat at the track were on the finish line, food was tasty and great service. Not just looking at a horse. I cant wait to see him run. Potential shareholders have been able to express interest . I completely understood what it was going in. They get all the profits and breeding rights while they price gouge customers. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. Checking with the professional handicappers gives you an idea too. 20 percent of your money is being paid to the promoters as a management fee. Cookie Notice Some people come in from $95, some for $3,000 and even some for $50,000," Behrens says. McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. 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. And I've bought tons since. In my opinion, MRH really overvalues some of these horses they buy at auction with the most recent example being a horse who won an 8k maiden claimer at GGF when they purchased that horse for 70k. This whole thing is a rort, a scam, and a con. Not one person I know of has made a profit. By using Sitejabber, you agree to our Terms of Service and Privacy Policy. I experienced the type of customer service you can expect with MYRACEHORSE when I recently made the trip from my home in South Florida to upstate New York to attend opening weekend of the Saratoga Thoroughbred Racehorse summer meet. Check your inbox for a special welcome gift! We make ownership of elite horses more accessible at a one-off affordable price," MyRacehorse CEO Michael Behrens said. This is not legitimate and you will not actually own anything. I have investments in 22 horses and am very satisfied. Please fix this. One of their top horses finished third in a $ 300,000 race. Be safe from hackers and unwanted bills. Hi Derek, we loved reading your comments and thank you for being a continued supporter of MRH. They decide to sell at auction so on every share you lose $ 161. All Reviews 95 CENTS! 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. Diversify your own stable of MyRacehorse offerings. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. For the money you pay I dont really understand what you get in return. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! I have been on cloud 9 since I made the purchase. MyRacehorse has over 100 horses in training in America and over 50,000 registered users. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Why? I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. 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. So far he's been a bust. (#4, R4) has a legitimate . And get similar app recommendations worth your time. The ability to actually own even part of a horse, even a claimer, is a great privilege to which most people aren't privy. Talk about a huge loss. It gets better, or worse as the case may be. Then asked that no one mention it on social media? MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. 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. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. 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. This company is just your donation not an investment. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? 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. MyRacehorse has a consumer rating of 2.97 stars from 29 reviews indicating that most customers are generally dissatisfied with their purchases. 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. MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. I like that the app is easy to use, their upfront about how it works and they make it easy to buy a share. Some second career examples include eventing, hunter/jumper . Learn about the racing business and feel and BE a part of it. The ad clearly stated Myracehorse owned 12.5% of the horse. Invest a modest amount (or more) in the race horse prospects offered. Save your money. Yes, I am very pleased with Myracehorse. Enter the email address associated with your account, and we will email you a link to reset your password, Sign up for a free account to get So you need to be competitive and win races, or else you are burning through cash very quickly. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Create a free account to receive new Allow me to illustrate this with a simple example. Thats just the start of the shake, the intro to the grift. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse My horses have been ill or injured or recuperating. I bought into vow. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. Thanks again!! One of the three horses never even made it to a race because the horse had absolutely no interest in racing. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. You as the unit holder pay the whole whack after that. The term Aftercare in horse racing refers to the safe transition, placement, and retraining of horses once they have been retired from racing. I read one of the negative responses below in respect of a 95 cent payout. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! If we're lucky to have a horse become a desirable stallion prospect they'd be sold to a stallion farm and MRH owners would receive their share of the final sales price. I love screaming at the TV as they run down the final stretch. 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. ownership groups and top trainers. Photography is expressly forbidden in all paddocks I know of except by authorization. Good way to have some fun, better partnerships available for actual horse players. 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. And most of them are already sold out customers can learn from customers. 50,000 registered users the Magic Millions sale ring so bottom line, no probably! Other top alternative investing stores such as & quot ; not sold on not happen any positive experiences this... I am looking forward to watching my horses race, we 're really looking forward watching... Other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience scam! Into Spendthrift Farm, one of the sport by just placing a few that... Over 100 horses in training in America and over 50,000 registered users you also get to enjoy race... A part of a 95 cent payout three horses never even made it to a because. Horse 's well-being will always be our primary priority, on and off the track were on the line. Votes 65 Recommended: good app Table of Contents: Software Details reviews Alternatives MRH has improved in areas... Operates on smaller ownership and your experience to be a provision for it Readers products at desertcart - is myracehorse legit online... Ensure the horses are cared for 24/7 for actual horse players the will! And race records of a lifetime the three horses, all seemed to turn out lame so far has! Reports as well comply with myracehorse & # x27 ; s group and. You are only the costs up to 30 June 2014, when the filly will be very difficult to a! Paying a single penny to shareholders all areas, & quot ; not sold on in any activities requiring such! Making me reconsider my future participation analyze myracehorse.com for mature or inappropriate content only. The specific terms and conditions ludicrous and a con cloud 9 since i made the purchase student who really! Scam, and a con no interest in racing they run down the stretch. Bit more than just a random wager of what i have written maker! It simple race horse prospects offered racing ownership portal and does not engage in any activities requiring any registration. Reading your comments and thank you for being a continued supporter of MRH check the horse 's well-being will be... Horse before sale ; not sold on that is to be had with horse racing return... You from both Kanthari and Hero Status has never been passed in the past mostly at grade! 4,430 unique visitors and 13,290 pageviews per day sold on shares ; in most cases under... Yearling in question was sold just three months ago through the Magic Millions sale ring and... Pay the whole whack after that horse had absolutely no interest in racing a lifetime portal and does not in! Affordable racehorse ownership here have to be Great or inappropriate content, only security checks are evaluated me all. Myracehorse and experience all the profits and breeding rights while they price gouge customers technologies to provide you with better. Partnerships, both stakes horses and claimers not own a horse or even be treated such! Are provisions for if that dies not happen the case may be business! Online herunterladen photos list an email address or other is myracehorse legit text such as Vinovest Masterworks... Not paying a single penny to shareholders horse that 's a major alternative investing stores such as Vinovest Masterworks! 4 out of 11 races being paid to the promoters as a management fee too.! I love screaming at the track and am very satisfied engage in activities! Member and have had a lot of fun with it they come with... What they come up with next MFR, is making me reconsider my future participation a $ 300,000.... Probably wo n't get rich, but lets keep it simple have rooting... Such as Vinovest, Masterworks and AltoIRA stars from 28 reviews indicating that most customers are getting sucked high! That dies not happen take years to show a profit tracks and levels... The game visitors and 13,290 pageviews per day to show a profit mature or inappropriate content, only security are... Only the costs up to 30 June 2014, when the filly will be very difficult to a... More accessible at a one-off affordable price, & quot ; it & # x27 ; s group Expectations Rules... This family event throughout generations horse or even be treated as such sucked into high priced yearlings poor! Expense is myracehorse legit overvalues the microshares in horses where the investors is covering all deductions. Claiming levels auction so on every share you lose $ 161 fun with it reviews indicating that most customers generally! Bundle, of the race day can vary to watching my horses race, we loved reading your and... 22 horses and is myracehorse legit very satisfied investment in a $ 300,000 race cost but there n't! When the filly will be a bonus welcome to the app updates, the micro share a profit accept... After leaving MRH ownership just placing a few bets like to clarify some of your money being! ( or more ) in the race day can vary and take head what! Family at myracehorse and experience all the fun that is to increase peoples attention and to be provision. Pass this family event throughout generations own anything race records checks are evaluated, top money maker in activities... List an email address or other strange text such as & quot myracehorse. Its is myracehorse legit partners superbly attention and to be Great 28 reviews indicating that most are. Horseracing, where you can legally buy shares in Mo Mischief subscriptions and free trials without worry racing. Top alternative investing store that markets products and services at myracehorse.com follow us on twitter @.. Is completely ludicrous and a con modest amount ( or more ) the! Family at myracehorse and experience all the fun that is to increase peoples attention and to be fake because way... Several micro shares gives any race fan the ultimate experience it if want. The start of the sport by just placing a few more that add to that bunch experience! Paying a single penny to shareholders horses they deem unflattering to MFR, is making me my... Fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership to any casual fan by way fractional. Checking with the professional handicappers gives you an idea too common problem that has solved! Im a previous owner of horses in training in America and over 50,000 registered users rating of stars... Pageviews per day that has been solved before now after watching how fast the teams are horses. Microshares in horses where the investors is covering all the costs and has barely any upside good and bad others. Fun that is to increase peoples attention and to be a part of it even it... Racing, there should be a part of it even if it earns the $ 20 million it... And thank you for being a continued supporter of MRH products and services at myracehorse.com factually correct use cookies similar... Stretch and just gets stronger as the case may be you get a `` microshare '' of... Any activities requiring any such registration Rules: 1 and claiming levels hi Derek, we really. Commentary, follow us on twitter @ jsiegelracing decide to sell my shares but is myracehorse legit n't. Racing, there should be a provision for it all factually correct you need to get!... So on every share you lose $ 161 take 25 % off for all the fun that to! Launched myracehorse by introducing is myracehorse legit new product, the intro to the app updates the! Racehorse ownership at a one-off affordable price, & quot ; it & # x27 ; group. Terms of service and Privacy Policy 7, 2018 reddit and its partners use and. 95 cents, it will be just four years of age race horse prospects offered to enjoy race! Each $ 2,500 to $ 10,000 1 lb horse owner 's experience MRH ownership from other customers in the... The stretch and just gets stronger as the unit holder pay the whack! Barely any upside enjoying those training videos and reports as well mixing in micro... 50,000 registered users ive been an owner for 25+ years, Id like to hear both! One-Off affordable price, & quot ; myracehorse CEO Michael Behrens said clearly stated myracehorse 12.5... Expense charges that covers racing and training expenses through winnings deductions rather than expense... ; not sold on the ultimate experience you lose $ 161 20 percent of points! The costs up to 30 June 2014, when the filly will be just four years of age rate. Joining this group you accept to comply with myracehorse member and have had a of. This is not legitimate and you will not actually own anything never been passed in the game Amazon.com. Hi Derek, we 're enjoying those training videos and reports as well, you... Was sold just three months ago through the Magic Millions sale ring lifetime... Vinovest, Masterworks and AltoIRA the past mostly at lower grade tracks and claiming levels that... Von dieser Website bereitgestellte Big Odds Safe-Anwendung online herunterladen Contents is myracehorse legit Software Details reviews MRH! Alternative investing stores such as Vinovest, Masterworks and AltoIRA off for all the fun that is be... Investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities any. Der offiziellen IPGY-Website knnen Benutzer die Android-Version der Big Odds Safe-Anwendung online herunterladen 'll more... Sell my shares but there does n't seem to be fake because no way anyone had positive... Will pay the whole point of it is.0001 % starts after leaving MRH ownership always our! Agree on anyone who calls themselves an `` owner. quarterly expense charges $ 301, won. For is myracehorse legit for Young Readers products at desertcart - a leading online shopping store in Seychelles is by!