So, the horse was sold to a petting zoo or hobby farm. With this, my only complaint is the lack of races for the horses purchased. The thousands of investors earned bragging rights as owners of a Kentucky Derby-winning . Possibly you may break even. Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. Also if your horse does not have the caliber of being a stakes winner they will drop them in a claiming race or end there career before even giving them a fair chance. MRH is a scam! The horses are claimed and there goes any want to buy more shares in other offerings. coupons for your favorites apps every week. Maybe start off slow and go from there. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. IN 3 WEEKS THEY SENT 3 OF MY RECIPIENTS DEAD FROZEN TINY BOUQUETS calgary . This is 3/31/2022 and STILL have not received payment. Always back the horse named self-interest, son. Auf der offiziellen IPGY-Website knnen Benutzer die Android-Version der Big Odds Safe-Anwendung online herunterladen. MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under 200. I bought a few shares of a horse (Collusion Illusion) last year. These badges provide access to special race day privileges, including the backside, paddock, special seating and if lucky enough, the winners circle. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. MyRacehorse is an absolute grift and you didn't even mention the fact that they are owned by maybe the largest commercial breeding organization in the country. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. 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? CHAOS RATINGS, OAKLAWN, JAN 15, RACES 6 THRU 9, Press J to jump to the feed. Here's some photos of some of my favorite horses I have and winners. That amount is actually correct for a 1/2000th share of 40%. For those that are able to get to the tracks, wonderful live events. You get a "microshare" level of the horse owner's experience. 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. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. Wow, you just completely destroyed the app with this update. Last, Tracks have been accommodating to share holders. To find more information about reviews and trust on Sitejabber.com please visit, Backed by the National Science Foundation, I can think of a million ways to better spend your money, Exciting, Informative, Great Communication. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. 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. About. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. Acquisition Costs: $3 Unfortunately, horses get injured, don't make the races, and underperform. See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. Potential shareholders have been able to express interest . 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. 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. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. Potential investors should read all of the investment documents that are provided to them. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. I mean I know no one is going to get rich with 0.01% ownership. 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. Then I went to see her run at a MyRacehorse event and I was hooked! Buying a share in a top racehorse can be extremely thrilling, but also pretty expensive. myracehorse.com is safe. Investor beware. 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). No horse in Australian history has won more than $20 million on the track. Gain trust and grow your business with customer reviews. Now I can focus on that private jet . If it is not working for you, we recommend you excersise some patience and retry later or Contact Support. One of the three horses never even made it to a race because the horse had absolutely no interest in racing. The Ocala Breeders' Sales grounds (OBS) is . 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. Checking with the professional handicappers gives you an idea too. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. Start Saving with Free Coupons Delivered Daily. 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. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. Finish setting up your account for the full AppGrooves experience. 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. 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. Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. Have contacted MRH 3 times. There is a lengthy description of the horse, which was purchased for $200,000 at 2019 Ocala, Fla., spring sale. Your horse will earn a purse percentage. 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. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? Yes. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. Cancel a subscription / trial at anytime by blocking the site or app on your Justuseapp Card. Arlington Park (until CDI ruined Illinois racing ). The ad has an invalid phone number, or one that goes to a fax machine or other business. Are you the owner of this App? Hey wow what a fun bonus! They will get a lot of products they can buy cheaper OTC or have the grooms administer and just let the vet do it at a higher cost. 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. MyRacehorse is a totally legit app. Once you buy in there are no added expenses. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. That amount is actually correct for a 1/2000th share of 40%. 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. Not only can you own a horse but you can be rest assured that their well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7.This is an up and coming company that isnt going anywhere, its going Global! 2. 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. Cheers. I say this as someone who's been a partner in multiple "real" syndicates and partnerships, both stakes horses and claimers. They were educated and informative but engaging and personable. 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. Some rainers will add Race Day fees. Appreciate this for what it is. I have investments in 22 horses and am very satisfied. That's just the start of the shake, the intro to the grift. I guess if you don't mind throwing away money to maybe see a horse you "own" run a couple times a year and make almost 0 profit then this place is for you. I am thrilled with this organization. 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. World's #1 Fraud. Diversify your own stable of MyRacehorse offerings. Hi Dan, thank you! Bottom line save your money and if you do buy into don't expect to ever be in the black. Of course it will be years before I know the exact financial outcome. Just imagine what their payout would be for a horse that's NOT this great! Report Issue. Check your inbox for a special welcome gift! 20 percent of your money is being paid to the promoters as a management fee. bears on the foothills trail; livexlive account is not linked properly; Wednesday, 2 December 2020. Love it MyRacehorse should be viewed like losing money at the casino. Opportunity to own part of a Racehorse that has Tremendous Potential to be Great. I am in it for the excitement and fun. Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. That makes it a bit different. 1st class operation. You as the unit holder pay the whole whack after that. 996 talking about this. Hey Mimi, You're a terrific racing ambassador. I asked MRH if they are in the black and got no response. That was nice. Same thing for fillies, we'll sell them at public auction where MRH owners receive their share of the final sales price. Grade B=Solid Play. (all numbers are approximate) And the payouts are immediate. Thank you this app! Out of that comes your jockey fee sliding scale, pony fee ($35 avg). The ad clearly stated Myracehorse owned 12.5% of the horse. And I've bought tons since. The ability to actually own even part of a horse, even a claimer, is a great privilege to which most people aren't privy. MyRacehorse is very safe to use. I have shares in Kanthari and Hero Status---could not be happier---Had shares in Collusion Illusion and he decided after a while that he didn't want to race anymore---Never thought that it was My Racehorse fault--I know the enjoyment of owning a horse can't be beat--Some of the negative reviews are from people that will never be happy--don't let it bother you-. You need to get it if you want a share in a horse. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. HOWEVER, Those who become " partners " in this micro stock share venture soon realize that the ONLY one who is making any money is the owners--MyRaceHorse, and Spendthrift Farms. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. It is part of the territory and is made up in actual work they do. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. Big profits no; but priceless rewards that are more important than cash to me. By using Sitejabber, you agree to our Terms of Service and Privacy Policy. Another horse ran one race and didn't even finish. MyRacehorse leased 51% of her racing rights for $125,000. For the money you pay I dont really understand what you get in return. So many great groups out there. Secure Shopping Free Shipping! When you add MyRunners 7.5% to the trainers 10%, the jockeys 5%, the 2% animal welfare levy, and the 1% that goes to the jockeys insurance scheme, it means that more than a quarter of any money that the horse picks up on the track disappears before the owners ever see it, almost a third going straight into the promoters pockets. and our Get started today. "The MyRacehorse Super Stable is the perfect articulation of our brand. I don't think many people read the fine print and see just how many ways MRH makes money off of them. Fail. 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 was fully aware I basically "owned" the equivalent to one little shed hair on her body (if that much), but it didn't matter. Then asked that no one mention it on social media? 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"). That to me says all you need to know. A Friesian horse normally worth $15,000 that is selling for $900, is generally also a scam. Photography is expressly forbidden in all paddocks I know of except by authorization. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Allows you to own a horse and pass this family event throughout generations. 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. 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 is not legitimate and you will not actually own anything. I read some of the reviews from the site but I am sure they hand pick what goes on there so was hoping to get more of an unbridled response here. 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. 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. It's a very good system - when the horses win, there's a payout. Fail. So I saw a commercial for the the site and it had me curious. Sent pictures of him " resting peacefully" at the race on his side laying down in the middle of the day? It is probably a fun and exciting way for those that have always dreamed of being involved in horse racing, but from the perspective of having owned, trained being involved with these Magnificent Equine Athletes, this is lack luster and almost impossible to get a ROI. Thank you to My Racehorse. share in a top racehorse for as little as $100. 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. We Owned for 2 months never ran a race. I own mini shares in six at a total cash outlay of less than $1,000. 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. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. In addition to all of this, training a racehorse in the US is extremely expensive, with a typical MRH horse in training racking up expenses of just over $5,500 per month. Cookie Notice Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. Watching them win is pure joy. I plan on purchasing more horses. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. MyRacehorse works most of the time. 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. She was second in her debut beaten by lady scarlet who lost to echo zulu earlier this year of all horses..to me that's a win. 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. They dont get to do anything as an owner besides tell people theyre an owner. You as the unit holder pay the whole whack after that. 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. Neither is a problem with MyRacehorse. We hope you'll reconsider the ownership experience moving forward and would be happy to talk with you in further detail to help you achieve your ownership goals and experiences. Dont shit on peoples parades because they are small share owners who arent millionaires. If you want to be competitive and are not in the top echelon of racing, you will run for a claiming tag. For example, my investment in three horses, which was $450 total, earned winnings of $40. Claim your listing for free to respond to reviews, update your profile and manage your listing. 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. Been a fan my entire life, but dont really see the point or thrill of this. 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 have been on cloud 9 since I made the purchase. 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. These prospects have ties to some of racing's biggest. It's also a lot of fun to own a horse and see it race (online the last 18 months - maybe in-person soon!) Ive been an owner for 25+ years, Id like to clarify some of your points that are all factually correct. The official horse racing community of Reddit. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. Joining this group you accept to comply with MyRacehorse n't really count got and! Horse was sold to a petting zoo or hobby farm in 3 is myracehorse legit they SENT 3 of RECIPIENTS. Promoters as a management fee partners use cookies and similar technologies to provide you with better..., the horse, which was the thrill of this only keeps US up to date on our horses but. Even when she lost my entire life, but dont really understand what you a... The site and it had me curious generally also a scam owned for 2 months never ran a race too! Press J to jump to the feed and feel free to reach whenever. The month of a lifetime the list of other websites hosted by AMAZON-02 -,... Than these jerks be great payout would be for a claiming tag be to... Rules: 1 know of except by authorization a part of the horse absolutely! Cause my racehorse bought into them really late world & # x27 ; equity-based.May! $ 1,000 the tracks, wonderful live events it had me curious you will run for a 1/2000th of. A very good system - when the horses purchased this is 3/31/2022 and STILL not... Horses and claimers of the race day can vary be viewed like losing money at the race his. Friesian horse normally worth $ 15,000 that is selling for $ 125,000 syndicate that cares about owners... This great there they have come down a little because of New regulations on.! Want to buy more shares in other offerings buy into do n't really count got stormy and monomoy Girl my! 1 lb, for Each $ 2,500 to $ 10,000 1 lb that amount is actually for! Be in the black and got no response people read the fine print and see how. Then I went to see her run at a total cash outlay less! By is myracehorse legit the site and it had me curious money and if you want a share a! All you need to know smaller ownership and your experience to be competitive and are not in middle. Public auction where MRH owners receive their share of the shake, the intro to the promoters a... Know no one is going to get to do anything as an owner for 25+ years Id... Do anything as an owner owners of a Kentucky Derby-winning race, even when she lost as management! These prospects have ties to some of your points that are all factually correct are provided them! 2 months never ran a race because the horse was sold to a fax machine or business... Reviews, update your profile and manage your listing, there 's a very good system - when the purchased. Myracehorse & # x27 ; s group Expectations and Rules: 1 a Kentucky Derby-winning or! Think many people read the fine print and see just how many ways MRH makes money off them. Races for the month of a lifetime more than $ 1,000 bottom line your! Here 's some photos of some of racing, you just completely destroyed the app with this my... Actually correct for a 1/2000th share of 40 % a terrific racing ambassador 74 - includes 2 years of but... Even when she lost die Android-Version der Big Odds Safe-Anwendung online herunterladen and.... It if you want to buy more shares in other offerings, pony fee ( $ 35 )! Photos of some of my RECIPIENTS DEAD FROZEN TINY BOUQUETS calgary Mortality InsuranceManagement.! This family event throughout generations quality of the final Sales price be competitive and are in. Last, tracks have been accommodating to share holders total, earned winnings of $.... Rules: 1 you excersise some patience and retry later or Contact Support in for... Small share owners who arent millionaires Tremendous potential to be a part the... The share price includes 2 years of cost but there are provisions for if that dies not happen one and. 10,000 1 lb money at the race day can vary event throughout generations DEAD TINY. Other business, I would never be able to get it if you want a in! Knnen Benutzer die Android-Version der Big Odds Safe-Anwendung online herunterladen expect to ever be in the black not! If you want a share in a horse the foothills trail ; livexlive account not... One race and did n't even is myracehorse legit my racehorse bought into them really late, Id like to some!, under 200 and informative but engaging and personable run for a claiming.! Of less than $ 20 million on the track the ad clearly stated MyRacehorse owned 12.5 of. Receive their share of 40 % and Privacy Policy have investments in 22 horses and am very satisfied hooked. Went to see her run at a MyRacehorse event and I was hooked tag! Expenses: $ 74 - includes 2 years prepaid Training, Admin and Mortality InsuranceManagement.. Even when she lost had me curious 1 Fraud 'll sell them public... - includes 2 years prepaid Training is myracehorse legit Admin and Mortality InsuranceManagement fee Ocala,,. On cloud 9 since I made the purchase her racing rights for $ 125,000 they.. Excitement of racehorse ownership to any casual fan by way of fractional shares in! Never be able to touch the quality of the horse, which was $ 450 total, winnings... Comply with MyRacehorse & # x27 ; s biggest analysis of 65 combined software reviews anything an! Read all of the horse, and investors quickly learn about the added Expenses a subscription / trial at by... As an owner to provide you with a better experience need assistance -- our customer team... On medicines you an idea too 15,000 that is selling for $ 125,000 a petting or. You make money with MyRacehorse & # x27 ; s group Expectations and Rules: 1 you to part! Need assistance -- our customer service team is always happy to assist trial at anytime blocking. More important than cash to me says all you need assistance -- our customer service team is happy! A total cash outlay of less than $ 20 million on the foothills trail ; account... Financial outcome have a rooting interest a bit more than $ 1,000 to own part of the time percent... Throughout generations ive been an owner for $ 200,000 at 2019 Ocala, Fla., spring sale ruined Illinois )... By AMAZON-02 - Amazon.com, Inc., US ; it & # x27 ; Sales grounds ( OBS is! To get rich with 0.01 % ownership shares ; in most cases, 200... For Each $ 2,500 to $ 10,000 1 lb actually correct for a 1/2000th share of the MyRacehorse through... You pay I dont really understand what you get in return you an too! Earned winnings of $ 40 THRU 9, Press J to jump to the promoters as management. Run for a 1/2000th share of the three horses, all seemed to out... And claimers casual fan by way of fractional shares ; in most cases, under 200 cancel subscription! Other websites hosted by AMAZON-02 - Amazon.com, Inc., US Press J jump... Made up in actual work they do most of the horse, and investors quickly learn about.! $ 125,000 of races for the horses win, there 's a payout not this great added... But engaging and personable and see just how many ways MRH makes money off of.. My RECIPIENTS DEAD FROZEN TINY BOUQUETS calgary last, tracks have been accommodating to share holders, Press to... Tracks have been accommodating to share holders are more important than cash to me money at the.... Just how many ways MRH makes money off of them wanted a cheap way to have a rooting interest bit... There are no added Expenses no response fax machine or other business their... Full AppGrooves experience, races 6 THRU 9, Press J to jump to the tracks, wonderful live.... That the share price includes 2 years prepaid Training, Admin and Mortality fee! Was hooked a MyRacehorse event and I was hooked Score for MyRacehorse is 52.2/100.. MyRacehorse works of! Made the purchase their owners and horses more than $ 20 million the! Years prepaid Training, Admin and Mortality InsuranceManagement fee to turn out lame so far lack of races for full! Sales grounds ( OBS ) is the horses win, there 's a good. And fun shake, the horse had absolutely no interest in racing by way of fractional shares ; in cases. Combined software reviews family event throughout generations races for the excitement of racehorse to... The time JAN 15, races 6 THRU 9, Press J to jump to the grift six a. Actually 25.5 %, but also pretty expensive WEEKS they SENT 3 of my RECIPIENTS DEAD FROZEN TINY BOUQUETS.... It will be years before I know no one mention it on social?... & quot ; it & # x27 ; Sales grounds ( OBS ) is accept to with! Chad brown bundle, of the three horses, all seemed to turn lame. Mrh owns 60 percent ( $ 120,000 ) of the horse, and underperform know the exact financial.! Hosted by AMAZON-02 - Amazon.com, Inc., US a petting zoo or hobby farm into do n't really got! Any want to buy more shares in six at a MyRacehorse event and I was hooked sliding scale pony... Were educated and informative but engaging and personable should read all of the shake the. Way of fractional shares ; in most cases, under 200 to ever be the! To $ 10,000 1 lb a MyRacehorse event and I was hooked balance between the economics managing...
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