Have contacted MRH 3 times. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. Keep up with Thoroughbred racing when youre on the go! The MRH marketplace connects buyers and And get similar app recommendations worth your time. Bought into a horse for $301, horse won 4 out of 11 races. I own one micro-share in 8 different horses. It's become day trading more than an 'investment'. Best of racing luck in 2023! Finally the "little guy" gets to play in the Sport of Kings. Welcome to the MyRacehorse Australia Owners Group. I love screaming at the TV as they run down the final stretch. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. 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 View filinghere. Claim your listing for free to respond to reviews, update your profile and manage your listing. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. Markup varies but thats just a thumbnail idea. "The MyRacehorse Super Stable is the perfect articulation of our brand. Thanks again!! Just fantastic experience all around! So far their customers are getting sucked into high priced yearlings with poor pedigree ratings and race records. Pulling issues faced by users like you is a good way to draw attention of MyRacehorse to your problem using the strength of crowds. I bought shares for the entertainment value & I'm getting more than my money's worth back. MyRacehorse is utterly open about what your financial contribution goes to, from acquisition of the horse, to training costs, to overhead and management fees. I cant even see the 20+ horses I own. Who collects that? (Plus $6,250 - KTDF - Kentucky TB Devt Fund). War Safe is on target to make a start at Turfway Park on Thursday, January 19th! I read one of the negative responses below in respect of a 95 cent payout. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. Ive told people if you enjoy racing and understand the game owning a horse (or part) is amazing. 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. 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. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. MyRacehorse works most of the time. They get all the profits and breeding rights while they price gouge customers. (all numbers are approximate) App not working? Your real card info stays hidden. Not legitimate and you will not actually own anything. The horse's well-being will always be our primary priority, on and off the track. I love all my horses. 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. Everything is spelled out prior and after your investment. 1st class operation. Authentic will likely bring me about $600 to $1,000 annually in future income through stud fees. 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). She goes to the tracks with me and its a memory I will treasure. They say that they are only charging you $62 for the value of the horse. Nextiva efax overcharged me for an entire year even before the monthly trial expired able to use the service at all . I am in it for the excitement and fun. Ashford and Silver Springs were hands on and with great photo ops and great horses. I am looking forward to watching my horses race, and if I get 95 cents, it will be a bonus. Thank you to My Racehorse. Create a free account to receive new Seeing them lifts my days. Not worth it My greyhound is more photogenic than I could ever hope to be, Biggest trifecta Ive hit in quite a while (Aqueduct R8). Terrible experience from start to finish. Eventually, I will have a positive ROI with him. There is a lengthy description of the horse, which was purchased for $200,000 at 2019 Ocala, Fla., spring sale. 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. You need to get it if you want a share in a horse. Live and learn. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support. I have emailed, called lvm no response as to what are they are going to do. I have a lot of shares and I have a share in Monomoy Girl! 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. I'm an owner who loves watching my thoroughbreds racing at the top of their game. It is probably a fun and exciting way for those that have always dreamed of being involved in horse racing, but from the perspective of having owned, trained being involved with these Magnificent Equine Athletes, this is lack luster and almost impossible to get a ROI. 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. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. She debuted in a $150K maiden claiming race at Churchill back in November of 2021 where she finished 2nd, beaten less than two lengths. For additional commentary, follow us on twitter @jsiegelracing. I was totally embarrassed! You as the unit holder pay the whole whack after that. Appreciate this for what it is. AppGrooves experience. Highly recommended as a fun way to participate in horse racing at modest cost. 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. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. 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. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. Some people come in from $95, some for $3,000 and even some for $50,000," Behrens says. 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. Your horse will earn a purse percentage. Hi Derek, we loved reading your comments and thank you for being a continued supporter of MRH. Thus if the horse is injured prior to selling off they lose $85,000 ($75k + xrays, tax on $75k, vanning vets). 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. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. 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. About. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. 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. If you want to throw away your money then this is the place for you! Hi Paul, Sorry to hear your disappointment and we understand. Tip for consumers:Buy with myracehorse. In other words, you are overpaying. They Euthanized my horse before he ever ran a race! Sooner or later, companies that fail to provide good public service will pay the price in the marketplace. Do I get a refund get the same % ownership in new horse. But they decided to take him to a race 1 month later but apparently they injured his leg putting him in the trailer. This whole thing is a rort, a scam, and a con. Horse can blow a race in the paddock. Hi Ronald, So great to hear you're enjoying your experience. But a way to bring people into the sport, which it needs WAY more than better value propositions. My Racehorse is a great opportunity for entertainment. . I bought into vow. I always loved the sport and this brings a whole new level of being apart of it! MyRacehorse ranks 3rd among Horseback Riding sites. Been a fan my entire life, but dont really see the point or thrill of this. McAfee assesses myracehorse.com for a meaningful set of security threats. 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. Love it MyRacehorse should be viewed like losing money at the casino. Opportunity to own part of a Racehorse that has Tremendous Potential to be Great. I have been on cloud 9 since I made the purchase. We have over 1,000,000 users and companies will listen to us. I bought a few shares of a horse (Collusion Illusion) last year. I also agree on anyone who calls themselves 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. 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. She has since had 15 starts after leaving MRH ownership. Paddocks are dangerous places. So many great groups out there. I am not a part owner of many racehorses to make money. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. What is MyRacehorse? They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. 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.. No trainer charges $80 000 a year. 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. For a stay at home senior citizen who has been a lifelong racing fan, it is the answer to my dreams. is myracehorse legit. She was on the sidelines until November of 2022, where she finished second with $75K maiden claimers. Everything is spelled out prior and after your investment. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. Please fix this. Because the suckers real share of the whole horse is just 0.008%. 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 and our 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. One of their top horses finished third in a $ 300,000 race. 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. one of Dortmunds last crop of foals. 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. Featured dangers from annoying pop-ups to hidden Trojans, that can steal your identity, will be revealed. Seat at the track were on the finish line, food was tasty and great service. Potential investors should read all of the investment documents that are provided to them. Loans from management is within th e contract. Then asked that no one mention it on social media? Up and coming company that is going Global. You will not own a horse or even be treated as such. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. There arent many ways to get involved, not many want to risk $20,000 to test the waters. Dec 19 The adrenaline is always flowing for an owner when their horse reaches the starting gate for the first time and if that maiden voyage yields a victory, well that's just one of the sweetest scenarios possible. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives World's #1 Fraud. Any money that people put into that they should expect to never see any of that money again. You'll fell more apart of the sport by just placing a few bets. IF it earns the $20 million before it turns 4 and 3/4. It was sold, too. It gets better, or worse as the case may be. To keep my fathers memory alive since he called me mustang. 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. Number 2 meant they paid a vet $2000 to vet check the horse before sale. Big problems are the expenses when your horse isn't performing and when the time comes to get rid of one. But I have some reports of high end syndicates having no interaction with horses and/or trainers either, so there are no guarantees. MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under 200. My daughter is 1 1/2 and she loves horses. I'd say tizamagician,going to Vegas and authentic have done really well. is myracehorse legit. We use cookies for analytics, personalization, and ads. You could feel more part of a horse and make more money if you bet $2 to win everytime and then just bought a win picture for $15 if the horse won. The Ocala Breeders' Sales grounds (OBS) is . 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. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. Here is an example. My racehorse.com offers micro shares in their excellent quality, very expensive race horses. So in some cases the winnings end up just going back to prop up the reserves. I have a micro share in 5 horses and understand that it is a "micro" share. All investors should make their own determination of whether or not to make any investment, based on their own evaluation and analysis. And so much fun! 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. Which will forever be written in the books. "Surreal doesn't begin to describe it.". And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. The math and logic was very simple. 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. Good way to have some fun, better partnerships available for actual horse players. These badges provide access to special race day privileges, including the backside, paddock, special seating and if lucky enough, the winners circle. Don't expect to make money but you will have excitement worth more than money! 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. Horses often placed in spots for advertisement and not winning. With another good year of racing, there should be a few more that add to that bunch. What a performance from Hero Status on Sunday at Santa Anita. Because the suckers real share of the whole horse is just 0.008%. From the moment I got my first share it has been an E Ticket Ride. I have investments in 22 horses and am very satisfied. 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