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";s:4:"text";s:24799:" We use cookies for analytics, personalization, and ads. (All Weather Track) The yearling in question was sold just three months ago through the Magic Millions sale ring. Novel racehorse ownership syndication model developed by Michael Behrens features the ability to purchase "micro shares" of racehorse ownership at a cost that includes the capital cost of ownership plus two years of upkeep and training expenses for your horse. Unlikely you will ever make money. My first filly was claimed after 3 races in which she had wins and placing. Look, I'm a grad student who is really into horse racing. That's one of the reasons why we've consistently expressed to partners the importance of diversifying their stables. (#4, R4) has a legitimate . Opportunity to own part of a Racehorse that has Tremendous Potential to be Great. The offering on Myracehorse's website spelled it out quite simply: Valuation Current Horse Value - $15,153,750 MRH Stake: 12.5% or $1,894,218.75 Offering Total Offering - $2,575,000 Share Price - $206 Total Shares - 12500 Maybe start off slow and go from there. Just imagine what their payout would be for a horse that's NOT this great! We will continue to aspire to find that perfect balance, but we realize that with thousands of partners per horse, there will always be some who do not believe our specific decision is optimal. Arlington Park (until CDI ruined Illinois racing ). So we launched MyRacehorse by introducing our new product, the micro share. I am not sure of the extent of the ownership with the shares that I have , If MRH owns these horses throughout their racing careers and into the breeding sheds ,do the shareholders reap any of the benefits from the breeding ? Once you buy in there are no added expenses. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. You'll fell more apart of the sport by just placing a few bets. You get a "microshare" level of the horse owner's experience. I asked MRH if they are in the black and got no response. You as the unit holder pay the whole whack after that. I have owned racehorses for over 50 years. Live and learn. With MRH I can get all that for ??? I would suggest doing more research and looking to spend money somewhere else if you want to get into the horseracing game. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. I have gotten a little $ back but nowhere near equal to what I paid, and that's ok. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse 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. You as the unit holder pay the whole whack after that. 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. Tip for consumers:Think twice ! "Surreal doesn't begin to describe it.". Last, Tracks have been accommodating to share holders. My daughter is 1 1/2 and she loves horses. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. Of course it will be years before I know the exact financial outcome. 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. 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. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! 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. That to me says all you need to know. Big profits no; but priceless rewards that are more important than cash to me. Well, for some people, it is indeed the closest they are ever going to get. Privacy Policy. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. It's become day trading more than an 'investment'. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. 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. Best money I ever spent. I have been on cloud 9 since I made the purchase. 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. Playmates Pre-School For 2-5 year olds in Thatcham, Berks. Appreciate this for what it is. My horse Chasing Time runs in the Rebel stakes tomorrow (Feb 26th, 2022). While making a profit in the industry is very difficult, it is possible. Now this is my first race horse purchase but a 1000 lb animal in the stalls I've seen are always going to be next to a wall? No trainer charges $80 000 a year. It is a complete scam! I mean I know no one is going to get rich with 0.01% ownership. 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). I plan on purchasing more horses. 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. . Purse $25,000. 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. We're enjoying those training videos and reports as well! 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. Its given me exactly that. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. 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. 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. Because the suckers real share of the whole horse is just 0.008%. Race day. Not profitable. App not working? MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. So are the claimed prepaid expenses of $68 out of each $165 unit share. 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. IF it earns the $20 million before it turns 4 and 3/4. I have not delved in depth but word of Dilantin of share. 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. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. 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. She has since had 15 starts after leaving MRH ownership. Prepaid Expenses: $68 I am not a part owner of many racehorses to make money. Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. Which will forever be written in the books. Because the suckers real share of the whole horse is just 0.008%. 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. myracehorse.com is safe. And took 10% of cost $14,000 For buying the horse. 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 Owned for 2 months never ran a race. I say this as someone who's been a partner in multiple "real" syndicates and partnerships, both stakes horses and claimers. I am in it for the excitement and fun. 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. With another good year of racing, there should be a few more that add to that bunch. Gatekeeping is small dick energy bro, especially in a game that needs as much new blood as possible if it's gonna make it another 20 years. "The MyRacehorse Super Stable is the perfect articulation of our brand. 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. Check your inbox for a special welcome gift! Best of racing luck in 2023! Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. 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. It's a very good system - when the horses win, there's a payout. It is just a news feed with no menu. Highly recommended as a fun way to participate in horse racing at modest cost. I bought shares in lane way. There is alot of gatekeeping with the sport of horseracing. Justuseapp Safety Score for MyRacehorse Is 40.5/100. 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 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. These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. Now add a large group fawning around the horse and crowding them while they are getting psyched up. Anyway they took him to the vet and put him down. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. So how on earth should they be entitled to a huge slice of the stakes the horse earns? There isnt much hope of that, but just imagine it anyway. Class all the way. Fail. What did the micro share " partners " make? Mrh is who profits but if you like this experience it's up to you. You are here: did robert kardashian write a book tidio chat documentation is myracehorse legit. I buy a Lotto ticket each week and believe that I will never win. sellers of the worlds best thoroughbreds. I was totally embarrassed! I read one of the negative responses below in respect of a 95 cent payout. 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. That was nice. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. GREAT IDEA LOVE THIS. The math and logic was very simple. You need to get it if you want a share in a horse. Zero stress. I cant wait to see him run. We make ownership of elite horses more accessible at a one-off affordable price," MyRacehorse CEO Michael Behrens said. Hey wow what a fun bonus! Do not waste your money. So bottom line, no I probably won't get rich, but MyRaceHorse treats its investment partners superbly. While most issues have legitimate . 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. 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 bought into vow. McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. While technically correct, it's pretty misleading and if they think they have any decision making in it they are pretty delusional. Bought my first horse in March 2020 with Lane Way. Nextiva efax overcharged me for an entire year even before the monthly trial expired able to use the service at all . Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. Be safe from hackers and unwanted bills. A filly named Vow. 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 . Report Issue. How does my racehorse work? Weight, 122 Lbs. So, the horse was sold to a petting zoo or hobby farm. In a way my dad lives on through my horses everyday. So where does your other $103 go? It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. Eventually, I will have a positive ROI with him. and our 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. And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. Possibly you may break even. I paid $180 for a 4 horse package of 2 year olds. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. It also has the potential to attract new owners at all different levels by giving them a taste of what its like to participate in racing. Not worth it 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.. Have no idea what the heck is going on. Fast Deposits and Cashouts! 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. 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 My horses have been ill, injured or recuperating. 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. MyRacehorse has a consumer rating of 3.18 stars from 22 reviews indicating that most customers are generally satisfied with their purchases. I have investments in 22 horses and am very satisfied. Yes, I am very pleased with Myracehorse. MyRacehorse is an ownership platform that makes it possible for anyone to own a Every owner (whether your with MRH or doing it on your own) will end up with those circumstances. This ful Table of Contents: If it is not working for you, we recommend you excersise some patience and retry later or Contact Support. This is their payout for a horse that's a major, top money maker. I cant even see the 20+ horses I own. The official horse racing community of Reddit. Allows you to own a horse and pass this family event throughout generations. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. Cookie Notice 3. MyRacehorse has over 100 horses in training in America and over 50,000 registered users. For Maidens, Four Years Old And Upward. Terrible value, I agree. They were educated and informative but engaging and personable. 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. MyRacehorse is a marketplace designed to allow every fan an opportunity to buy into a racehorse. The Site may contain forward looking statements which are not guaranteed. I have a micro share in 5 horses and understand that it is a "micro" share. Checking with the professional handicappers gives you an idea too. I feel like they entered the space a little too early. Every unique visitor makes about 3 pageviews on average. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. Now I have several horse in "my stable" and just this month I'm actually in the black. Omg thank you! My Racehorse is a great opportunity for entertainment. Create an account to follow your favorite communities and start taking part in conversations. We can't wait to see what the rest of 2023 has in store for both these horses. Your high end trainers it can be significantly higher. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped 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. Seat at the track were on the finish line, food was tasty and great service. My racehorse isnt in it to make vast amounts of money. What is MyRacehorse? After getting approx 10k of our money the trainer Mark Glatt said he needed more weight an muscle not quite ready. Not legitimate and you will not actually own anything. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? The promoters dont own a share in the horse, the unit holders do. Do not waste your money. Myracehorse.com traffic estimate is about 4,430 unique visitors and 13,290 pageviews per day. 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. While we try to do that when offering bundles, three horses isn't a sufficient size for diversification in this case. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. Is MyRacehorse not working? We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or claiming. By using Sitejabber, you agree to our Terms of Service and Privacy Policy. MyRacehorse 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. lol there is no financially smart way to get into racehorse ownership. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. This is the only micro share partnership for me in the future. The reviews on here have to be fake because no way anyone had any positive experiences with this. But it is possible! Tip for consumers:Buy with myracehorse. But to buy in you have to pay $165, not $62. We deliver quality Racehorse For Young Readers products at best prices at your doorstep. Everything is spelled out prior and after your investment. Please fix this. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. 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. It's an app. Now I can focus on that private jet . I always loved the sport and this brings a whole new level of being apart of it! myracehorse.com Review - Scam Detector. The first thing any proceeds do is top off the reserve account for expensive. View filinghere. PER SHARE PRICE BREAKDOWN 95 CENTS! 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. On top of that, our NW1, NW2, and NW3 are highly competitive, and the vast majority of horses bred in the United States never achieve a speed figure that would allow them to work through those conditions successfully, so what happens instead, they are most often entered into the claiming races to be competitive. Is it Safe? Up and coming company that is going Global. The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. When bills pop up, MyRaceHorse pays them out of that. Acquisition Costs:$8 - Includes Vet Check and Bloodstock Fee, 3. You are only six questions away before we can help you to get started! "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? Allow me to illustrate this with a simple example. Number 2 meant they paid a vet $2000 to vet check the horse before sale. 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. Helpful Share Aug 7, 2018 MRH has distributed share holders 35.00 from 2021 breeding season revenue. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. If you want to throw away your money then this is the place for you! 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. Claim your listing for free to respond to reviews, update your profile and manage your listing. 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. Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. The ad clearly stated Myracehorse owned 12.5% of the horse. With this, my only complaint is the lack of races for the horses purchased. 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. 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. Not just looking at a horse. "It's price point accessible, so come in for whatever you want. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. Looking forward to the future with MRH. Welcome to the MyRacehorse Australia Owners Group. Horses are entered into a suitable race when they are fit and healthy. 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