(#4, R4) has a legitimate . Bet Horse Races Legal & Safe. They are no place for minor share holders especially a lot of them. Reddit and its partners use cookies and similar technologies to provide you with a better experience. This is 3/31/2022 and STILL have not received payment. MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under 200. All at a fraction of the price mind you. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. "It was unbelievable," Behrens said. before paying out cash. 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. 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. IN 3 WEEKS THEY SENT 3 OF MY RECIPIENTS DEAD FROZEN TINY BOUQUETS calgary . Race 5 - POST Time - 7:55 PM ET Turfway Park MAIDEN CLAIMING $15,000 - $10,000 . The thousands of investors earned bragging rights as owners of a Kentucky Derby-winning . She was on the sidelines until November of 2022, where she finished second with $75K maiden claimers. 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 like that the app is easy to use, their upfront about how it works and they make it easy to buy a share. MyRacehorse leased 51% of her racing rights for $125,000. I am in it for the excitement and fun. The ad clearly stated Myracehorse owned 12.5% of the horse. And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. MRH has improved in all areas. I have a lot of shares and I have a share in Monomoy Girl! 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. To buy into her you pay $179 per share which gives you 0.05% of here which means 100% is 2000 of these shares. 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. It was sold, too. It's become day trading more than an 'investment'. World's #1 Fraud. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! MyRacehorse is a totally legit app. Horses are entered into a suitable race when they are fit and healthy. 1. I currently have shares in all 6 of the babies in training, It is awesome watching the videos and reading the training reports . Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. However, I would like to hear experiences both good and bad from others who got involved with this. When bills pop up, MyRaceHorse pays them out of that. That's value for money isn't it? 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. She raced a couple days ago and did an amazing job! We will certainly keep purchasing shares in future offerings! I have not delved in depth but word of Dilantin of share. Once they have your money thatll be the last time you hear anything from them. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. One of the three horses never even made it to a race because the horse had absolutely no interest in racing. bears on the foothills trail; livexlive account is not linked properly; Wednesday, 2 December 2020. With a part ownership I deducted: The DRF Mileage to the track and home (.26/ mile I think), we made sure to take vacations to places that had a track, chaching airfare, hotel, etc etc because I went to look for horses to buy, business trip) plus training expenses, plus plus. 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. You are paying $68 every year after that for every year it races on. 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. 95 CENTS! sellers of the worlds best thoroughbreds. 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. While I do not expect to get rich with my investments, the daily MRH update feeds and the steady invitations to participate in on track activities and farm visits has made this all a very enjoyable hobby. Now in the OBS April 2021 Sale she was sold to myracehorse.com for $140,000 358,000-140,000 ==== 218,000, 2. Best of racing luck in 2023! 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. Yes, I am very pleased with Myracehorse. I have owned them 100% and owned them in Partnerships. It is a complete scam! Every unique visitor makes about 3 pageviews on average. Thank you to My Racehorse. Terrible value, I agree. (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). You have to read the fine print to get the real picture. After getting approx 10k of our money the trainer Mark Glatt said he needed more weight an muscle not quite ready. They say that they are only charging you $62 for the value of the horse. Bought my first horse in March 2020 with Lane Way. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. Have no idea what the heck is going on. Maybe start off slow and go from there. Acquisition Costs: $3 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. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. share in a top racehorse for as little as $100. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives Wow, you just completely destroyed MyRacehorse with this update. We can't wait to see what the rest of 2023 has in store for both these horses. Because the suckers real share of the whole horse is just 0.008%. I cant even see the 20+ horses I own. That's crazy. 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-. Been a fan my entire life, but dont really see the point or thrill of this. I'm an owner who loves watching my thoroughbreds racing at the top of their game. I am not a part owner of many racehorses to make money. The competition and the ride by the jockey determines if the horse can win or not. With MRH I can get all that for ??? From the moment I got my first share it has been an E Ticket Ride. Yes. 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. Out of that comes your jockey fee sliding scale, pony fee ($35 avg). Sooner or later, companies that fail to provide good public service will pay the price in the marketplace. Avoid investing in this myracehorse site. Good luck with your horses. Keep up with Thoroughbred racing when youre on the go! Hi Cathy, So glad to hear you enjoyed your experience last fall. and bet on it and see it win! I completely understood what it was going in. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse How does my racehorse work? 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. Their big banner headline claim is not quite correct though, or anywhere near it. The most common mark of a scam ad is a trailer or horse priced far below market value. Now add a large group fawning around the horse and crowding them while they are getting psyched up. The ad has an invalid phone number, or one that goes to a fax machine or other business. So far he's been a bust. These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. I have owned racehorses for over 50 years. Your high end trainers it can be significantly higher. 1st class operation. The #1 Horse Racing site for news, free picks and the Kentucky Derby, Click the icon above to search for an app of your choice to compare. IS Going to Vegas And Justify the only two that have returned a positive return? 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. 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. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. Is MyRacehorse not working? Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! 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 . Now I can focus on that private jet . A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. We make ownership of elite horses more accessible at a one-off affordable price," MyRacehorse CEO Michael Behrens said. One of their top horses finished third in a $ 300,000 race. 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. Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. My daughter is 1 1/2 and she loves horses. "Surreal doesn't begin to describe it.". I paid $180 for a 4 horse package of 2 year olds. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. My racehorse isnt in it to make vast amounts of money. . Our second priority is to both maximize the ownership experience by providing the perks of ownership (content, access to the horse, race-day privileges) and the investment (purse money, expense management, and resale value). Is MyRacehorse Legit? "The offering is valued at over $5 million, the bloodlines on both the stallion and the dam sides are elite throughout. My Racehorse is a great opportunity for entertainment. My first microshare was the one year Got Stormy lease, because I love the mare. Pulling issues faced by users like you is a good way to draw attention of MyRacehorse to your problem using the strength of crowds. Prevention Platform. That's one of the reasons why we've consistently expressed to partners the importance of diversifying their stables. When things like boarding, trainer costs, vet, feed, vanning, etc. Ron Quinton a Group 1 trainer who is not associated with MyRacehorse advises clients to allow $45 000 a year for costs. So, the horse was sold to a petting zoo or hobby farm. At best I made money 10% of the time. So we launched MyRacehorse by introducing our new product, the micro share. I have a micro share in 5 horses and understand that it is a "micro" share. In their defense, they buy a horse for $75,000 without any commitments from anyone. 3. I want to sell my shares but there doesn't seem to be a provision for it! It's a very good system - when the horses win, there's a payout. 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 will not own a horse or even be treated as such. Be happy the sport is getting attention from elsewhere. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. I love screaming at the TV as they run down the final stretch. MyRacehorse grabbed the spotlight on the biggest racing stage in America Sept. 5 when . They say that they are only charging you $62 for the value of the horse. That to me says all you need to know. Hey wow what a fun bonus! 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. 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. The math and logic was very simple. 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 can always find ownership information disclosed on the horse's offering page. Wow, you just completely destroyed the app with this update. I'd say tizamagician,going to Vegas and authentic have done really well. Neither is a problem with MyRacehorse. MyRacehorse are skimming an additional 30-40% off the top. Its an awesome app! If it is not working for you, we recommend you excersise some patience and retry later or Contact Support. 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. Last, Tracks have been accommodating to share holders. MyRacehorse are skimming an additional 30-40% off the top. What exciting wins for you from both Kanthari and Hero Status. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. Like Mike Smith said after the race, he sure has a ton of stamina and heart. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. But to buy in you have to pay $165, not $62. No more to pay, and hopefully around 5 years of fun. For Maidens, Four Years Old And Upward. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. is myracehorse legit. 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 Hey Mimi, You're a terrific racing ambassador. 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. I was totally embarrassed! Someone on here said it's like buying into an illusion and some people like that. The MyRacehorse super stable is offering the public the opportunity to buy what it calls "microshares" in a stable of 26 horses for a one-off payment of $150 per share. Secure Shopping Free Shipping! 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. 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. Is it Legit? MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. Seeing Authentic win the Derby and the Classic was so ecxiting. Divide it between the 2000 unit holders in the horse and you get $300 each. Check your inbox for a special welcome gift! Horse Racing Betting. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. Why? Ive owned 5000 claimers that I am more proud of winning under my name, getting my picture taken in the winner circle than having a winner at DEL MAR where my name is nowhere to be included. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. 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. Featured dangers from annoying pop-ups to hidden Trojans, that can steal your identity, will be revealed. one of Dortmunds last crop of foals. coupons for your favorites apps every week. For more information, please see our With another good year of racing, there should be a few more that add to that bunch. In other words, you are overpaying. The yearling in question was sold just three months ago through the Magic Millions sale ring. MyRacehorse has over 100 horses in training in America and over 50,000 registered users. I have investments in 22 horses and am very satisfied. Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. You won't make money here. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. Don't expect to make money but you will have excitement worth more than money! <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. Your horse will earn a purse percentage. 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. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. I love myracehorse. In addition to the app updates, the MyRacehorse ownership team will provide a suite of experiential services for owners. Which means that if like Winx it races until its 7-year-old season you have to pay another $204. Bills can be upwards of a $1000 a month and can be higher. 2. I know quite a few people in this industry and can get a more personal experience elsewhere. 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. MRH owns 60 percent ($120,000) of the horse, and investors quickly learn about the. 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. My horse Chasing Time runs in the Rebel stakes tomorrow (Feb 26th, 2022). The purchase price was $280 000. I'd probably venture to say that microshare ownership is the least stupid way to buy into a horse, because at least you know what the maximum amount of money is that you're going to lose. Fail. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. MyRacehorse works most of the time. Anyway they took him to the vet and put him down. There arent many ways to get involved, not many want to risk $20,000 to test the waters. MyRacehorse is a marketplace designed to allow every fan an opportunity to buy into a racehorse. Horse value: $62 But I have some reports of high end syndicates having no interaction with horses and/or trainers either, so there are no guarantees. No trainer charges $80 000 a year. These are all the main negatives of MyRacehorse! This is not legitimate and you will not actually own anything. Who collects that? To claim your App. MyRacehorse works most of the time. 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. 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. MyRacehorse is utterly open about what your financial contribution goes to, from acquisition of the horse, to training costs, to overhead and management fees. Highly recommended as a fun way to participate in horse racing at modest cost. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. But they decided to take him to a race 1 month later but apparently they injured his leg putting him in the trailer. Thanks again!! For the adrenalin junkies! And so much fun! Ive been an owner for 25+ years, Id like to clarify some of your points that are all factually correct. 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. Grade B=Solid Play. I'm not happy. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. My horses have been ill, injured or recuperating. Start Saving with Free Coupons Delivered Daily. 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. MyRacehorse ranks 2nd among Horseback Riding sites. Now I have several horse in "my stable" and just this month I'm actually in the black. Omg thank you! Prepaid Expenses: $68 Race day. Mrh gets 10% off the earnings after 10% Jockey/Trainer w/small incidentals, therefore you would have to have your horse earn close to a 1m depending on the shares sold and price to break even. That amount is actually correct for a 1/2000th share of 40%. I also agree on anyone who calls themselves an "owner." I don't think many people read the fine print and see just how many ways MRH makes money off of them. I mean I know no one is going to get rich with 0.01% ownership. My first filly was claimed after 3 races in which she had wins and placing. Your cash outlay is finished the day you buy into a MyRacehorse horse. 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. Stand in the winner circle with us and be apart of history. Just blindly bought into this dream of owning a fraction! 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. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. 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. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. Tip for consumers:Think twice ! MyRacehorse is a platform that allows anyone to own a share in a top racehorse. MyRacehorse ranks 3rd among Horseback Riding sites. Not profitable. Save your money. 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. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! 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. Playmates Pre-School For 2-5 year olds in Thatcham, Berks. Talk about a huge loss. We offer the ability to search and compare racehorses,. 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.

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