Here is an example. Not just looking at a horse. MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. Search. These badges provide access to special race day privileges, including the backside, paddock, special seating and if lucky enough, the winners circle. (All Weather Track) We will certainly keep purchasing shares in future offerings! Here's to keeping the momentum going! It's a very good system - when the horses win, there's a payout. Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse. Out of that comes your jockey fee sliding scale, pony fee ($35 avg). 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. I have a lot of shares and I have a share in Monomoy Girl! . In their defense, they buy a horse for $75,000 without any commitments from anyone. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. The first thing any proceeds do is top off the reserve account for expensive. Hi Paul, Sorry to hear your disappointment and we understand. Acquisition Costs: $3 Some rainers will add Race Day fees. The Keeneland and Farm Tours are owner favorites! The best way to buy a racehorse is to join a syndicate or racing club and buy a stake in your own racehorse, says Emma Lunn. When my dad died a racehorse from myeacehorse popped up as an advertisement of a horse named Lane Way (winner circle pictured) I loved him. Is it Safe? The competition and the ride by the jockey determines if the horse can win or not. 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. I made back about a third of what I paid for her share. The approximated value of myracehorse.com is 14,400 USD. Ponce motors Deceptive car sales Austin Texas . share in a top racehorse for as little as $100. I paid $180 for a 4 horse package of 2 year olds. 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. When bills pop up, MyRaceHorse pays them out of that. I like that the app is easy to use, their upfront about how it works and they make it easy to buy a share. Those seeking another level of ownership experience can purchase a race day ownership badge. Class all the way. 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. So he couldn't run. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Excited does not even begin to describe how keen we are to see your . Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives Yes. Be Kind and Courteous Allows you to own a horse and pass this family event throughout generations. My first filly was claimed after 3 races in which she had wins and placing. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. MyRacehorse works most of the time. Just imagine that this filly becomes the 2nd to do it. Do I get a refund get the same % ownership in new horse. MyRacehorse is a totally legit app. 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. Thank you to My Racehorse. A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. Six And One Half Furlongs. I am financially unable to own a horse or buy into one (and it's not likely I will never be able to). My racehorse isnt in it to make vast amounts of money. Potential investors should read all of the investment documents that are provided to them. Bet Horse Races Legal & Safe. 95 CENTS! I just think its terrible value for money for newcomers to be starting out. The math and logic was very simple. For those that are able to get to the tracks, wonderful live events. For the money you pay I dont really understand what you get in return. 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 term Aftercare in horse racing refers to the safe transition, placement, and retraining of horses once they have been retired from racing. None of the my racehorse horses have yet to turn a profit. $1000. In my opinion, MRH really overvalues some of these horses they buy at auction with the most recent example being a horse who won an 8k maiden claimer at GGF when they purchased that horse for 70k. I think that people buying it get to experience something that typically costs hundreds of thousands or millions of dollars. They absolutely do not get backside access. 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. 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. "It was unbelievable," Behrens said. Anyway they took him to the vet and put him down. Divide it between the 2000 unit holders in the horse and you get $300 each. I have not delved in depth but word of Dilantin of share. Browse available horses from top ownership groups and top trainers. 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. With our model, we have been increasing cash reserves with recent offerings to give us more and more optionality, and that will help, but it will not change the fact that many of our horses will need to either be sold for breeding, retired, or entered into a claiming race. But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. 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. Number 2 meant they paid a vet $2000 to vet check the horse before sale. 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. Have contacted MRH 3 times. No horse in Australian history has won more than $20 million on the track. My daughter is 1 1/2 and she loves horses. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. 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. Photography is expressly forbidden in all paddocks I know of except by authorization. I mean I know no one is going to get rich with 0.01% ownership. They dont get to do anything as an owner besides tell people theyre an owner. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. Claim your listing for free to respond to reviews, update your profile and manage your listing. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. 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. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. I am looking forward to watching my horses race, and if I get 95 cents, it will be a bonus. Up and coming company that is going Global. If not , I still enjoyed watching races besides the small distributions to our accounts, we still cashed WPS EX TIR and SUPR on site and the wagering parlos, I hope Sarrocchi and all the new acquisitions are successful. This is not legitimate and you will not actually own anything. That's crazy. Be safe from hackers and unwanted bills. I know quite a few people in this industry and can get a more personal experience elsewhere. If you want to throw away your money then this is the place for you! and our It gets better, or worse as the case may be. Dont shit on peoples parades because they are small share owners who arent millionaires. MyRacehorse ranks 2nd among Horseback Riding sites. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. Hi Martin, we're super pleased to know you're enjoying the MRH experience. 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. Horses often placed in spots for advertisement and not winning. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. <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. A filly named Vow. Hey wow what a fun bonus! Hey Mimi, You're a terrific racing ambassador. 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. So are the claimed prepaid expenses of $68 out of each $165 unit share. 20 percent of your money is being paid to the promoters as a management fee. Staff; Opening hours; Timetable and routines; Fees Yes, I am very pleased with Myracehorse. 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 trainer charges $80 000 a year. Maybe start off slow and go from there. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. Read up and take head of what I have written. MyRacehorse is a brilliant concept which is executed flawlessly. I grew up as a kid running around Delta Downs. Thats just the start of the shake, the intro to the grift. 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. Just imagine what their payout would be for a horse that's NOT this great! myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. Then asked that no one mention it on social media? That's outrageous I would suggest doing more research and looking to spend money somewhere else if you want to get into the horseracing game. 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. Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. Not profitable. Bills can be upwards of a $1000 a month and can be higher. When things like boarding, trainer costs, vet, feed, vanning, etc. Privacy Policy. And get similar app recommendations worth your time. No more to pay, and hopefully around 5 years of fun. 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. We saw and got pictures with 2 triple crown winners. That was nice. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. So I saw a commercial for the the site and it had me curious. To buy into her you pay $179 per share which gives you 0.05% of here which means 100% is 2000 of these shares.
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