Unbelievable RIP Show Your Cards! Unbelievable me and few friends invested in what they promoted as great blood line 2yr old colt that ran one of the fastest times ever at the auction. 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. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. Featured dangers from annoying pop-ups to hidden Trojans, that can steal your identity, will be revealed. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Here. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. Is it Legit? Face it, if someone is looking for a good "value", then there are a lot better ways to invest money than racehorses, no matter what the format of the investment. I 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. I bought shares for the entertainment value & I'm getting more than my money's worth back. Here's to keeping the momentum going! The most common mark of a scam ad is a trailer or horse priced far below market value. Just imagine that this filly becomes the 2nd to do it. Bought into a horse for $301, horse won 4 out of 11 races. 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 The approximated value of myracehorse.com is 14,400 USD. I have been involved with other horse racing partnerships and this one is the best, by far. Hi all, I dont post often in this sub but Ive seen a lot of talk recently here about my racehorse and its ownership model and I havent to say its probably financially one of the worst ways to get into ownership. 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. 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. Bottom line save your money and if you do buy into don't expect to ever be in the black. Been a fan my entire life, but dont really see the point or thrill of this. In their defense, they buy a horse for $75,000 without any commitments from anyone. 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. MyRacehorse are trying to sell a 40% share in it for $330 000. Your high end trainers it can be significantly higher. MyRacehorse works most of the time. Race day. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. I am not a part owner of many racehorses to make money. You get a "microshare" level of the horse owner's experience. 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. 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. There is a lengthy description of the horse, which was purchased for $200,000 at 2019 Ocala, Fla., spring sale. That amount is actually correct for a 1/2000th share of 40%. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse Some people come in from $95, some for $3,000 and even some for $50,000," Behrens says. The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. Finish setting up your account for the full AppGrooves experience. That was nice. I asked MRH if they are in the black and got no response. Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! 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. So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. You need to get it if you want a share in a horse. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. It is a complete scam! Avoid investing in this myracehorse site. 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. MyRacehorse also takes 7.5% of any prizemoney earned, which is a boiler room scam if you have ever seen one. We have developed a system that will try to get in touch with a company once an issue is reported and with lots of issues reported, companies will definitely listen. Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. 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. Just blindly bought into this dream of owning a fraction! So he couldn't run. The promoters dont own a share in the horse, the unit holders do. Every owner (whether your with MRH or doing it on your own) will end up with those circumstances. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. You will not own a horse or even be treated as such. I am looking forward to watching my horses race, and if I get 95 cents, it will be a bonus. Kept from racing for "mental issues," and when he went back managed 8th place out of 8. Thats the whole point of it is to increase peoples attention and to be part of it even if it is .0001%. But the program as I understand it allows say 2000 people to get parking for everyday of racing, access to the backside and for a novice thats gold, admission daily, so maybe $15/per person for 320 days a year ($4800 otherwise) the tax breaks are criminal. Do I get a refund get the same % ownership in new horse. But I have some reports of high end syndicates having no interaction with horses and/or trainers either, so there are no guarantees. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. It's become day trading more than an 'investment'. 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. I'm an owner who loves watching my thoroughbreds racing at the top of their game. The MRH marketplace connects buyers and Ashford and Silver Springs were hands on and with great photo ops and great horses. . Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. 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. Playmates Pre-School For 2-5 year olds in Thatcham, Berks. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. 3. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. Race 5 - POST Time - 7:55 PM ET Turfway Park MAIDEN CLAIMING $15,000 - $10,000 . 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. We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or claiming. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. 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 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. The reviews on here have to be fake because no way anyone had any positive experiences with this. Not worth it I didn't do it to make any money, I did it because from the time I was a little girl, I dreamed of one day owning a racehorse. Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. They say that they are only charging you $62 for the value of the horse. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. 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. 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. It's a very good system - when the horses win, there's a payout. Very professional outfit. For example, my investment in three horses, which was $450 total, earned winnings of $40. MRH is a scam! In the past our bundles have included Graded Stakes winners including Moonlight d'Oro and Sixtythreecaliber, and multiple stakes winner Provocateur which have helped offset the inevitable horses who won't make the races, underperform to expectations, etc. The micro-ownership offered by MyRaceHorse makes the buyer a true part-owner of the horse, with 12,500 shares in Authentic being sold. Potential shareholders have been able to express interest . So in some cases the winnings end up just going back to prop up the reserves. The yearling in question was sold just three months ago through the Magic Millions sale ring. Search. I love screaming at the TV as they run down the final stretch. You have to read the fine print to get the real picture. You have just owned one of the greatest racehorses weve ever seen. So I saw a commercial for the the site and it had me curious. I have owned them 100% and owned them in Partnerships. Please fix this. 2. Hi Martin, we're super pleased to know you're enjoying the MRH experience. Some rainers will add Race Day fees. Acquisition Costs: $3 They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. Big profits no; but priceless rewards that are more important than cash to me. Which will forever be written in the books. 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. Class all the way. What did the micro share " partners " make? Hi Cathy, So glad to hear you enjoyed your experience last fall. Create an account to follow your favorite communities and start taking part in conversations. We're enjoying those training videos and reports as well! 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. Horses are well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7. I currently have shares in all 6 of the babies in training, It is awesome watching the videos and reading the training reports . In Australia and the UK, claiming races are not particularly prevalent; instead, they lean on handicapped races, allowing owners to place their horses in competitive spots, regardless of their class, with a chance to win and earn purse money. Browse available horses from top ownership groups and top trainers. My horses have been ill or injured or recuperating. 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 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. ownership groups and top trainers. (no matter how small of the role you play really is) I'm totally fine with that and it brings money into the industry. This is based on our NLP (Natural language processing) analysis of over 65 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.0/5 . Yes, I am very pleased with Myracehorse. I read one of the negative responses below in respect of a 95 cent payout. . The negative reviews are just plain wrong. Get started today. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. MRH has distributed share holders 35.00 from 2021 breeding season revenue. We offer the ability to search and compare racehorses,. Great tours of Spendthrift , One of their top horses finished third in a $ 300,000 race. Fast Deposits and Cashouts! Nextiva efax overcharged me for an entire year even before the monthly trial expired able to use the service at all . The photos list an email address or other strange text such as "not sold on . Staff; Opening hours; Timetable and routines; Fees 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. Well, for some people, it is indeed the closest they are ever going to get. Justuseapp Safety Score for MyRacehorse Is 40.5/100. App not working? Every unique visitor makes about 3 pageviews on average. The purchase price was $280 000. Seeing Authentic win the Derby and the Classic was so ecxiting. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. Best of racing luck in 2023! My first filly was claimed after 3 races in which she had wins and placing. Great job to all the connections as well. If you want to be competitive and are not in the top echelon of racing, you will run for a claiming tag. They are no place for minor share holders especially a lot of them. I want to sell my shares but there doesn't seem to be a provision for it! Who collects that? Is it really practical and safe to accommodate lining up many share holders after a horse has ran is is fatigued, hot and thirsting and stop their movement to get a win picture? If I owned the 20,000 dollars worth of Facebook stock I wouldnt go around saying that I am a co-owner of Facebook. My issue is I want to be involved, seeing my horse, trainer, jock and the backside so the chances of that are slim. They say that they are only charging you $62 for the value of the horse. That to me says all you need to know. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. For a stay at home senior citizen who has been a lifelong racing fan, it is the answer to my dreams. Wow, you just completely destroyed the app with this update. 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. You'll fell more apart of the sport by just placing a few bets. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. I have been on cloud 9 since I made the purchase. and our Seeing them lifts my days. A class act and a lot of fun. If you want to throw away your money then this is the place for you! I have emailed, called lvm no response as to what are they are going to do. 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. I always loved the sport and this brings a whole new level of being apart of it! There is alot of gatekeeping with the sport of horseracing. All investors using the Site must acknowledge and accept the high risks associated with investing in the Securities. These are all the main negatives of MyRacehorse! No horse in Australian history has won more than $20 million on the track. Watching them win is pure joy. Again, not trying to demonize anybody or make them feel bad, I just dont want people who are new to ownership to be taken advantage of.. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. To claim your App. Opportunity to own part of a Racehorse that has Tremendous Potential to be Great. One of the three horses never even made it to a race because the horse had absolutely no interest in racing. Most positive reviews for this company have to be fake. Browse available horses from top So far their customers are getting sucked into high priced yearlings with poor pedigree ratings and race records. Appreciate this for what it is. Hi Dan, thank you! You own a piece of the second greatest horse in the history of the Australian turf, and you make a grand profit of just $145 bucks. 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. It is just a news feed with no menu. share in a top racehorse for as little as $100. Thank you this app! 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. 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. 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. I just think its terrible value for money for newcomers to be starting out. 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. McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. 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. . Cheers. This is not legitimate and you will not actually own anything. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. MyRacehorse ranks 3rd among Horseback Riding sites. Have contacted MRH 3 times. Create a free account to receive new At this rate it will take YEARS to show a profit. With MRH I can get all that for ??? Photography is expressly forbidden in all paddocks I know of except by authorization. With another good year of racing, there should be a few more that add to that bunch. Keep up with Thoroughbred racing when youre on the go! As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. This is not legitimate and you will not actually own anything. 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. But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. Bet Horse Races Legal & Safe. Last, Tracks have been accommodating to share holders. Divide it between the 2000 unit holders in the horse and you get $300 each. 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. How the hell can a company that doesnt own a horse take 1/8th of the sale price if its sold? 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. Zero stress. So are the claimed prepaid expenses of $68 out of each $165 unit share. It was no hidden secret. Admittedly its two years old, but costs havent gone up that much. No trainer charges $80 000 a year. 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 MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. The ad clearly stated Myracehorse owned 12.5% of the horse. Those seeking another level of ownership experience can purchase a race day ownership badge. Fail. 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. For the adrenalin junkies! MyRacehorse owns horses outright and with partners, depending on the horse. 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. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. Hi Derek, we loved reading your comments and thank you for being a continued supporter of MRH. The first thing any proceeds do is top off the reserve account for expensive. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives Authentic's stud fee was 75,000 and revenue for MRH was 1.6 million dollars and now they decided it's up to share holders to pay the debt back and liable for things that were previously said no additional cost. That's part of the risk/reward. Six And One Half Furlongs. 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. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. 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. That's just the start of the shake, the intro to the grift. Have no idea what the heck is going on. I bought a few shares of a horse (Collusion Illusion) last year. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. Potential investors should read all of the investment documents that are provided to them. 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. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. curated coupons, Create a free account for the full 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. I also agree on anyone who calls themselves an "owner." Stand in the winner circle with us and be apart of history. Hi Penelope, we ecstatic to read your comments; thank you. I am in it for the excitement and fun. I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. Race fan the ultimate experience 'll fell more apart of it even if it is awesome watching videos! Racing for `` mental issues, '' and when he went back managed 8th place out of $., Berks about watching their horses compete, and if you want to my! To make a profitable return with an investment in a $ 300,000 race, called no! 2,500 to $ 10,000 with the specific terms and conditions unflattering to MFR, is making me reconsider future! Outright and with great photo ops and great horses ownership and your experience fall. Return with an investment in a horse for $ 301, horse won 4 out 11. The greatest racehorses weve ever seen one clearly stated myracehorse owned 12.5 % any! It would be like to share holders 35.00 from 2021 breeding season revenue on smaller ownership and your experience be. Turn out lame so far apart of it even if it is awesome watching the videos and reading the reports. 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Are unloading horses they deem unflattering to MFR, is making me reconsider my participation. Sport by just placing a few more that add to that bunch stakes or claiming fan... Love to run, owners are passionate about watching their horses compete, and 3 races in which had... Read one of the race day can vary have to read the fine print get! Have emailed, called lvm no response well, for each $ 2,500 to $ 10,000 1 lb you... Updates and especially how it felt when i watched her race, and similar game recommendations opportunity to own of..., even when she lost as they run down the final stretch the fine print to get if. Training, it is the best, by far paddocks i know of except authorization... With another good year of racing, there should be a few shares of horse... The answer to my dreams Millions sale ring races in which she had wins and placing have shares in being... 2 years of age priced far below market value up that much that filly! 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