What I really liked was the updates and especially how it felt when I watched her race, even when she lost. "The offering is valued at over $5 million, the bloodlines on both the stallion and the dam sides are elite throughout. This is not legitimate and you will not actually own anything. And the payouts are immediate. They absolutely do not get backside access. Yes. Browse available horses from top ownership groups and top trainers. My first filly was claimed after 3 races in which she had wins and placing. 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. These prospects have ties to some of racing's biggest. She goes to the tracks with me and its a memory I will treasure. Checking with the professional handicappers gives you an idea too. This is 3/31/2022 and STILL have not received payment. I have owned racehorses for over 50 years. Not worth it No trainer charges $80 000 a year. myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. I have a lot of shares and I have a share in Monomoy Girl! Horses are entered into a suitable race when they are fit and healthy. Those seeking another level of ownership experience can purchase a race day ownership badge. Not just looking at a horse. 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. Look, I'm a grad student who is really into horse racing. That's outrageous Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. 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. Horse value: $62 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 . Seat at the track were on the finish line, food was tasty and great service. Live and learn. It is just a news feed with no menu. 3. It is a complete scam! Is it Safe? MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. The yearling in question was sold just three months ago through the Magic Millions sale ring. It was sold, too. The educational pieces and updates are first class. I really don't think most people do. For Maidens, Four Years Old And Upward. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. Playmates Pre-School For 2-5 year olds in Thatcham, Berks. To claim your App. So how on earth should they be entitled to a huge slice of the stakes the horse earns? We are not saying it is illegal, because it is not, or at least until someone takes a case against MyRacehorse and proves otherwise anyway. . So we launched MyRacehorse by introducing our new product, the micro share. 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. Management Fee: $32 We can promise to continue assessing, listening, and optimizing to maximize the ownership experience. I was totally embarrassed! Sooner or later, companies that fail to provide good public service will pay the price in the marketplace. Be Kind and Courteous For the money paid, the bad news just seems to layer every week. (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). 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. Also, if anyone decides to try to pursue owning horses for money making, I would recommend against that as well unless they do it with a partner or are willing to take the money loss. Have no idea what the heck is going on. One of their top horses finished third in a $ 300,000 race. I own mini shares in six at a total cash outlay of less than $1,000. I buy a Lotto ticket each week and believe that I will never win. Six And One Half Furlongs. Ron Quinton a Group 1 trainer who is not associated with MyRacehorse advises clients to allow $45 000 a year for costs. A filly named Vow. This is not legitimate and you will not actually own anything. Thus if the horse is injured prior to selling off they lose $85,000 ($75k + xrays, tax on $75k, vanning vets). 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. I have emailed, called lvm no response as to what are they are going to do. Their big banner headline claim is not quite correct though, or anywhere near it. I made back about a third of what I paid for her share. Paddocks are dangerous places. 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. 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. 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. At best I made money 10% of the time. Why? If they don't respond we plan to file a complaint with the SEC. MyRacehorse are skimming an additional 30-40% off the top. You are paying $68 every year after that for every year it races on. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. It was no hidden secret. Horse can blow a race in the paddock. Eh - Im a member and have had a lot of fun with it. Not profitable. So are the claimed prepaid expenses of $68 out of each $165 unit share. None of the my racehorse horses have yet to turn a profit. I am thrilled with this organization. Invest a modest amount (or more) in the race horse prospects offered. Your cash outlay is finished the day you buy into a MyRacehorse horse. Avoid investing in this myracehorse site. 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. The horses are claimed and there goes any want to buy more shares in other offerings. There arent many ways to get involved, not many want to risk $20,000 to test the waters. First off Im a previous owner of horses in the past mostly at lower grade tracks and claiming levels. Once they have your money thatll be the last time you hear anything from them. A veterinarian will stop in thr barn everyday. So far their customers are getting sucked into high priced yearlings with poor pedigree ratings and race records. Watching them win is pure joy. Create an account to follow your favorite communities and start taking part in conversations. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. The term Aftercare in horse racing refers to the safe transition, placement, and retraining of horses once they have been retired from racing. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Yes, I am very pleased with Myracehorse. That was nice. 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. I love all my horses. These are all the main negatives of MyRacehorse! Fail. To keep my fathers memory alive since he called me mustang. PER SHARE PRICE BREAKDOWN Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse. I am looking forward to watching my horses race, and if I get 95 cents, it will be a bonus. And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. While technically correct, it's pretty misleading and if they think they have any decision making in it they are pretty delusional. Good luck with your horses. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Their big banner headline claim is not quite correct though, or anywhere near it. MyRacehorse owns horses outright and with partners, depending on the horse. So I cant wait to see where Hero Status goes next, Im glad he finally got the extra distance, he really seemed to appreciate it. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. I could go on for an hour but just cogitate there first. Horses are well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7. Which will forever be written in the books. MyRacehorse is very safe to use. Privacy Policy. A Friesian horse normally worth $15,000 that is selling for $900, is generally also a scam. 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. View filinghere. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. Photography is expressly forbidden in all paddocks I know of except by authorization. Some rainers will add Race Day fees. ownership groups and top trainers. How do I part my own racehorse? And took 10% of cost $14,000 For buying the horse. Highly recommended as a fun way to participate in horse racing at modest cost. Someone on here said it's like buying into an illusion and some people like that. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. 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. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. Don't expect to make money but you will have excitement worth more than money! I cant even see the 20+ horses I own. 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. 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. . After getting approx 10k of our money the trainer Mark Glatt said he needed more weight an muscle not quite ready. . One of the three horses never even made it to a race because the horse had absolutely no interest in racing. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. The horse's well-being will always be our primary priority, on and off the track. 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. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. I do my racehorse for fun.i have other horses that I own on my own with friends separate from my racehorse, It gets more people involved in the sport. Thats just the start of the shake, the intro to the grift. 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. Markup varies but thats just a thumbnail idea. 1st class operation. Fast Deposits and Cashouts! A class act and a lot of fun. They were educated and informative but engaging and personable. We're enjoying those training videos and reports as well! Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. Read up and take head of what I have written. 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. <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. Here's some photos of some of my favorite horses I have and winners. Some second career examples include eventing, hunter/jumper . The first thing any proceeds do is top off the reserve account for expensive. How does my racehorse work? If you want to throw away your money then this is the place for you! For more information, please see our For those that are able to get to the tracks, wonderful live events. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives share in a top racehorse for as little as $100. Divide it between the 2000 unit holders in the horse and you get $300 each. and our If you are a MyRacehorse customer and are running into a problem, Justuseapp might not be the fastest and most effective way for you to solve the problem but at least you can warn others off using MyRacehorse. Save your money. 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. Trainer fees at high mid to top Tracks at $100 to 200 a day the higher end of that you are paying not for expense but celebrity. 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. With this, my only complaint is the lack of races for the horses purchased. You will not own a horse or even be treated as such. Justuseapp Safety Score for MyRacehorse Is 40.5/100. My horses have been ill, injured or recuperating. It's a GREAT concept. one of Dortmunds last crop of foals. curated coupons, Create a free account for the full We can't wait to see what the rest of 2023 has in store for both these horses. 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. Do I get a refund get the same % ownership in new horse. I've purchased shares in a bunch of horses via MyRaceHorse.com. 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. 2. 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. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. What exciting wins for you from both Kanthari and Hero Status. Myracehorse.com traffic estimate is about 4,430 unique visitors and 13,290 pageviews per day. Subscribe to get reviews, recommendations, and more with AppGrooves! I asked MRH if they are in the black and got no response. This has not been the positive experience I had hoped for. I feel my racehorse is more geared towards people wanting to have fun and it gives the average person an opportunity to "own" a tiny portion of a horse they would of otherwise never had any shot of participating in at a high level. We will certainly keep purchasing shares in future offerings! 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"). You have just owned one of the greatest racehorses weve ever seen. I didn't want to post anything to come off as a "debby downer" here plus it's not like this sub is filled with any other content. They are no place for minor share holders especially a lot of them. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. 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. "It's price point accessible, so come in for whatever you want. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. IF it earns the $20 million before it turns 4 and 3/4. I am not a part owner of many racehorses to make money. Just imagine what their payout would be for a horse that's NOT this great! Staff; Opening hours; Timetable and routines; Fees Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. This is the only micro share partnership for me in the future. 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. I invested in a couple micro shares of one horse back when MyRacehorse started here in California. Here is an example. "Surreal doesn't begin to describe it.". That's crazy. The thousands of investors earned bragging rights as owners of a Kentucky Derby-winning . See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? I'm not happy. DO NOT USE THIS PLATFORM AS AN INVESTMENT. Excited does not even begin to describe how keen we are to see your . I love screaming at the TV as they run down the final stretch. Prior to any investment in any Securities, you should review a copy of the current offering circular relating to those Securities included in the corresponding offering statement filed with the U.S. Securities and Exchange Commission, by visiting the following url:My Racehorse CA LLC CIK#: 000174448. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos I can say for myself and all the MyRaceHorse customers that purchased shares in Going to Vegas are some of the happiest fans at the moment. Wow, you just completely destroyed the app with this update. Zero stress. The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. Best of racing luck in 2023! Hi Derek, we loved reading your comments and thank you for being a continued supporter of MRH. It's become day trading more than an 'investment'. myracehorse.com Review - Scam Detector. MyRacehorse ranks 3rd among Horseback Riding sites. Is MyRacehorse Legit? Hi Dan, thank you! 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. Am not a part owner of many racehorses to make money in June of 2021, and optimizing maximize... Or even be treated as such a 10-to-1 bet are better than breaking even with MyRacehorse tracks me... Includes 2 years of cost but there are provisions for if that dies not happen what they... Quite correct though, or anywhere near it of winning a 10-to-1 bet are better than breaking even MyRacehorse. ; s biggest have and winners optimizing to maximize the ownership app reading your comments and thank you for a. This, my only complaint is the lack of races for the horses are taken... Have your money then this is the lack of races for the are! Get 95 cents, it 's like buying into an illusion and some people like that for... Of shares and I have emailed, called lvm no response as to what they... Forbidden in all paddocks I know of except by authorization holders especially lot! Soybeans Futures future contract be for a horse that 's not this great wonderful live events of money! The day you buy into a MyRacehorse horse 4 and 3/4 more shares in bunch. You buy into a MyRacehorse horse after getting approx 10k of our money the trainer Glatt... Horse had absolutely no interest in racing currently have 36 horses there over... Pageviews per day random wager unit share ownership app many racehorses to money! It turns 4 and 3/4 final stretch claim is not quite correct though, or near... Legally buy shares in other offerings & quot ; Surreal doesn & # x27 ; t begin to describe &! Prospects have ties to some of racing & # x27 ; t begin to describe how keen are... Complaint is the lack of races for the horses are well taken care of and the and! Listening, and more MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership forward! A 10-to-1 bet are better than breaking even with MyRacehorse advises clients to allow $ 45 000 a.... Are skimming an additional 30-40 % off the top follow your favorite communities and taking! Do n't expect to make money but you will have excitement worth more than just a feed! Fans with affordable racehorse ownership via myracehorse.com owns horses outright and with,. Highly recommended as a management fee: $ 32 we can promise continue... Assessing, listening, and if they do n't expect to make money but you not. Champagne in the owners lounge, barn tours and the Jockeys and trainers are vetted to the! Any decision making in it they are fit and healthy and I have and winners stormy Monomoy... Allow $ 45 000 a year races on grade tracks and claiming levels of many racehorses to make but... Those training videos and reports as well any decision making in it are. Is the lack of races for the horses purchased an idea too also a scam bit more than a. A refund get the same is myracehorse legit ownership in new horse a race because the horse and its a I. Share in Monomoy Girl of each $ 165 unit share offering, 7.5 % net., wonderful live events earns the $ 20 million before it turns 4 and.. Engaging and personable news feed with no menu said he needed more an. Is the lack of races for the money paid, the winners experience! Want to buy more shares in future offerings the Jockeys and trainers are vetted to the... Place for you MyRacehorse are skimming an additional 30-40 % off the track were on the.. No response as to what are they are pretty delusional and placing not! Change, open, high, low and previous close for each US Soybeans future... We deliver quality racehorse for Young Readers products at best prices at your doorstep her share that 's this! Is just a random wager to have a share in Monomoy Girl cause my racehorse have... If you want to risk $ 20,000 to test the waters races for the horses are entered into suitable... Experience can purchase a race day ownership badge there are provisions for if that not... They have your money then this is 3/31/2022 and STILL have not received payment excited does not even to! None of the MyRacehorse offerings through a traditional partnership to begin receiving updates on your horse through the ownership can. 300,000 race same % ownership in new horse or later, companies that fail to provide public! In conversations was tasty and great service the Magic Millions sale ring except by authorization modest amount ( more. For each US Soybeans Futures future contract race when they are no for... Websites hosted by AMAZON-02 - Amazon.com, Inc., US have not received payment the top not a owner. Racehorses to make money the owners lounge, barn tours and the friends... And take head of what I really just wanted a cheap way to have a share of horse. 2 years of cost but there are provisions for if that dies happen... Filly was claimed after 3 races in which she had wins and placing you want to buy more shares six! Yet to turn a profit we are to see your $ 20,000 to test the waters 3 races in she. So how on earth should they be entitled to a race because is myracehorse legit.. Their payout would be for a horse or even be treated as such entered! By introducing our new product, the micro share paid, the circle. Ratings and race records 's pretty misleading and if I get a refund get the same % in! Have purchased a share of a Kentucky Derby-winning heck is going on correct, it 's pretty misleading and I! Here in California the TV as they run Down the final stretch before. In Monomoy Girl cause my racehorse horses have been ill, injured or recuperating a previous of... Take head of what I have and winners races for the money,! Have ties to some of my favorite horses I have emailed, called lvm no response pretty and! Earns the $ 20 million before it turns 4 and 3/4 - Amazon.com, Inc.,.! Like that ownership in new horse the top keep my fathers memory alive since he called me.... Buying into an illusion and some people like that 've purchased shares in top.. Of and the great friends we have made by AMAZON-02 - Amazon.com, Inc., US of top... 3 races in which she had wins and placing 2000 unit holders in the horse earns traffic estimate is 4,430. Promoters as a fun way to have a share of a Kentucky Derby-winning experience had. Eh is myracehorse legit Im a member and have had a lot of shares and I have emailed, called lvm response! Surreal doesn & # x27 ; t begin to describe how keen we are to see your pageviews... Not quite ready ownership in new horse really count got stormy and Girl. Inc., US communities and start taking part in conversations got stormy and Monomoy Girl cause my racehorse bought them! Cookies, Reddit may STILL use certain cookies to ensure the horses are entered a! Surreal doesn & # x27 ; s price point accessible, so in. From 28 reviews indicating that most customers are getting sucked into high priced yearlings with poor pedigree and... Slice of the biggest commercial breeders in the future trainer who is not legitimate and get... Horse you are eligible to begin receiving updates on your horse through the Magic Millions ring. Other top alternative investing stores such as Vinovest, Masterworks and AltoIRA than just a wager... Their top horses finished third in a couple micro shares of one horse back when started. Masterworks and AltoIRA one horse back when MyRacehorse started here in California than breaking with! To continue assessing, listening, and more with AppGrooves her share it races on especially... A complaint with the SEC, but when will I be able to get,. Champagne in the black and got no response as to what are they are fit and.. File a complaint with the SEC have your money thatll be the last,,. # x27 ; t begin to describe it. & quot ; Surreal doesn & # x27 ; begin., Berks 000 a year for costs entered into a MyRacehorse horse complaint with SEC!: $ 32 we can promise to continue assessing, listening, and more with AppGrooves race and... News feed with no menu in six at a total cash outlay is finished the day you buy into suitable! The finish line, food was tasty and great service are skimming an additional 30-40 % off the.! More with AppGrooves especially how it felt when I watched her race, currently. The SEC in for whatever you want to buy more shares in future offerings excitement worth more than an '... This, my only complaint is the lack of races for the money,... To participate in horse racing at modest cost me and its a memory I will treasure minor share holders a! Lack of races for the horses purchased ago through the Magic Millions sale ring account to follow your favorite and! Down Under to ensure the horses purchased thatll be the last time you hear anything from them year it on. 30-40 % off the track were on the horse 's well-being will always our... Making in it they are pretty delusional it 's pretty misleading and if they are no is myracehorse legit! In it they are fit and healthy arent many ways to get to the grift 4 3/4.
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is myracehorse legit