Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. Is MyRacehorse not working? Hey Mimi, You're a terrific racing ambassador. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. She goes to the tracks with me and its a memory I will treasure. Another bonus is to get brief interviews of the jockeys after the race where they explain from the jockey's view how the race went ("she had a lot of stamina left, we just got caught in traffic near the start"). Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! The MRH marketplace connects buyers and . I bought shares in lane way. are taken into account coming out ahead a couple thousand is a win. (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). Put it this way if your horse wins the Kentucky derby and youre not allowed in the winners circle to take the photo then youre really not the owner. Search. So you need to be competitive and win races, or else you are burning through cash very quickly. Weight, 122 Lbs. Now in the OBS April 2021 Sale she was sold to myracehorse.com for $140,000 358,000-140,000 ==== 218,000, 2. lol there is no financially smart way to get into racehorse ownership. MRH is a scam! 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. The ad has an invalid phone number, or one that goes to a fax machine or other business. For Maidens, Four Years Old And Upward. 1st class operation. I really just wanted a cheap way to have a rooting interest a bit more than just a random wager. 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. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives Your high end trainers it can be significantly higher. We make ownership of elite horses more accessible at a one-off affordable price," MyRacehorse CEO Michael Behrens said. All Reviews They Euthanized my horse before he ever ran a race! Learn about the racing business and feel and BE a part of it. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? (no matter how small of the role you play really is) I'm totally fine with that and it brings money into the industry. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. Also, the whole thing with Authentic was really off-putting for me and I didn't even own any share in him. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. There are loads of great syndicates out there made up of 10 or so people who give you great value for money and give you a first hand experience of really being an owner. Mrh is who profits but if you like this experience it's up to you. I think that people buying it get to experience something that typically costs hundreds of thousands or millions of dollars. 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.. They get all the profits and breeding rights while they price gouge customers. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. You can always find ownership information disclosed on the horse's offering page. Their big banner headline claim is not quite correct though, or anywhere near it. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. Fast Deposits and Cashouts! Shares start at $95 and go for as little as 0.01 percent of the price of actually buying the horse, minus training and maintenance costs. Have no idea what the heck is going on. and bet on it and see it win! . Once you buy in there are no added expenses. 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. 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. Everything is spelled out prior and after your investment. 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 a few shares of a horse (Collusion Illusion) last year. Currently in Florida, You gotta have goals and owning a racehorse has always been one of them. But a way to bring people into the sport, which it needs WAY more than better value propositions. It gets better, or worse as the case may be. Neither is a problem with MyRacehorse. 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. I own mini shares in six at a total cash outlay of less than $1,000. 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. Up and coming company that is going Global. That's crazy. Hi Martin, we're super pleased to know you're enjoying the MRH experience. Your real card info stays hidden. Why? Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. The MRH marketplace connects buyers and 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. 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. She raced a couple days ago and did an amazing job! The photos list an email address or other strange text such as "not sold on . So far he's been a bust. MyRacehorse is a brilliant concept which is executed flawlessly. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. These prospects have ties to some of racing's biggest. We will certainly keep purchasing shares in future offerings! Are you the owner of this App? What a performance from Hero Status on Sunday at Santa Anita. Bills can be upwards of a $1000 a month and can be higher. MRH has improved in all areas. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. I buy a Lotto ticket each week and believe that I will never win. 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. 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. DO NOT USE THIS PLATFORM AS AN INVESTMENT. I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. Are you sure you want to delete your app review? Thats just the start of the shake, the intro to the grift. So, the horse was sold to a petting zoo or hobby farm. Last, Tracks have been accommodating to share holders. The competition and the ride by the jockey determines if the horse can win or not. And the payouts are immediate. . is myracehorse legit. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. Stand in the winner circle with us and be apart of history. 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. World's #1 Fraud. It is part of the territory and is made up in actual work they do. You will not own a horse or even be treated as such. So I saw a commercial for the the site and it had me curious. Yes! Cant wait to see what they come up with next. Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. When things like boarding, trainer costs, vet, feed, vanning, etc. We can tell you, as a manager of a global stable, we far prefer the handicap approach, allowing horses to be competitive and the owners to keep their horses longer, but unfortunately, that is just not the landscape here in the US. A filly named Vow. Arlington Park (until CDI ruined Illinois racing ). As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. Be Kind and Courteous After getting approx 10k of our money the trainer Mark Glatt said he needed more weight an muscle not quite ready. The yearling in question was sold just three months ago through the Magic Millions sale ring. It gets better, or worse as the case may be. Here's some photos of some of my favorite horses I have and winners. My first filly was claimed after 3 races in which she had wins and placing. My racehorse completely overvalues the microshares in horses where the investors is covering all the costs and has barely any upside. See the list of other websites hosted by AMAZON-02 - Amazon.com, Inc., US. Look, I'm a grad student who is really into horse racing. Eh - Im a member and have had a lot of fun with it. Just imagine what their payout would be for a horse that's NOT this great! "It's price point accessible, so come in for whatever you want. And one has to realize, horses are a risky investment - some don't end up going fast, some get hurt, some get sick, etc. What did the micro share " partners " make? Claim your listing for free to respond to reviews, update your profile and manage your listing. 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. Is it Legit? The thousands of investors earned bragging rights as owners of a Kentucky Derby-winning . MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. I have a lot of shares and I have a share in Monomoy Girl! MyRacehorse are skimming an additional 30-40% off the top. Who collects that? I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. 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. Be happy the sport is getting attention from elsewhere. I really don't think most people do. 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. Those are only the costs up to 30 June 2014, when the filly will be just four years of age. My horse Chasing Time runs in the Rebel stakes tomorrow (Feb 26th, 2022). What they are really offering the come in spinners is 0.02% of a 40% share in the horse. And get similar app recommendations worth your time. There arent many ways to get involved, not many want to risk $20,000 to test the waters. 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? Finally the "little guy" gets to play in the Sport of Kings. (Plus $6,250 - KTDF - Kentucky TB Devt Fund). 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. It'll be the only one trying. MyRacehorse has a consumer rating of 3.18 stars from 22 reviews indicating that most customers are generally satisfied with their purchases. 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. MyRacehorse success stories So I saw a commercial for the the site and it had me curious. MyRacehorse ranks 3rd among Horseback Riding sites. This bundle certainly has had a tough go of it but is a microcosm of what one faces as an owner in this tough but rewarding business. CHAOS RATINGS, OAKLAWN, JAN 15, RACES 6 THRU 9, Press J to jump to the feed. MyRacehorse is utterly open about what your financial contribution goes to, from acquisition of the horse, to training costs, to overhead and management fees. 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. Terrible value, I agree. Several people I know who are in multiple partnerships say MRH is fine for what it is, and if you know what it is upfront, and that it is a great way for people not involved in the sport to get involved (sort of) at the top, instead of the usual way, at the bottom. MyRacehorse are skimming an additional 30-40% off the top. 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 Keeneland and Farm Tours are owner favorites! Prepaid Expenses: $68 My Racehorse is a great opportunity for entertainment. We're enjoying those training videos and reports as well! I mean I know no one is going to get rich with 0.01% ownership. Aug 7, 2018 Britt Recommended this product Review of My Race Horse They put on upscale events and you can own a share of a beautiful Racehorse for as little as $100. I mean I know no one is going to get rich with 0.01% ownership. Hey wow what a fun bonus! A veterinarian will stop in thr barn everyday. This company is just your donation not an investment. Three quality prospects tailor made for one of the industry's best trainers, Chad Brown. Our team strives to deliver a wonderful experience and we are so grateful to all of our partners who are part of our amazing community. Prepaid Expenses:$74 - Includes 2 Years Prepaid Training, Admin and Mortality InsuranceManagement Fee. The events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. 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. Part of the expenses was mortality insurance! If they don't respond we plan to file a complaint with the SEC. Love it MyRacehorse should be viewed like losing money at the casino. You will not own a horse or even be treated as such. sellers of the worlds best thoroughbreds. At best I made money 10% of the time. Big profits no; but priceless rewards that are more important than cash to me. 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. These badges provide access to special race day privileges, including the backside, paddock, special seating and if lucky enough, the winners circle. Bought my first horse in March 2020 with Lane Way. 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. I was totally embarrassed! myracehorse.com is safe. 3. Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. They dont get to do anything as an owner besides tell people theyre an owner. When bills pop up, MyRaceHorse pays them out of that. The official horse racing community of Reddit. Invest a modest amount (or more) in the race horse prospects offered. ~ from Justuseapp.com NLP analysis of 65 combined software reviews. With MRH I can get all that for ??? Agree with everything you say. 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. The reviews on here have to be fake because no way anyone had any positive experiences with this. Ponce motors Deceptive car sales Austin Texas . I also agree on anyone who calls themselves an "owner." Race day. Congrats on your experience with GTV and best of racing luck in 2023! 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. So he couldn't run. Someone on here said it's like buying into an illusion and some people like that. Checking with the professional handicappers gives you an idea too. They were educated and informative but engaging and personable. Thank you this app! Browse available horses from top myracehorse.com Review - Scam Detector. I just think its terrible value for money for newcomers to be starting out. Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse. This ful Table of Contents: MyRacehorse ranks 3rd among Horseback Riding sites. She has since had 15 starts after leaving MRH ownership. They are no place for minor share holders especially a lot of them. So where does your other $103 go? So are the claimed prepaid expenses of $68 out of each $165 unit share. Horse can blow a race in the paddock. We saw and got pictures with 2 triple crown winners. Its given me exactly that. Do I get a refund get the same % ownership in new horse. Then asked that no one mention it on social media? Is it Safe? So many great groups out there. But to buy in you have to pay $165, not $62. 01% of a share is exactly that. 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. Great job to all the connections as well. 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. Of course they have to cover the reserves (food, entry fees, etc.) There isnt much hope of that, but just imagine it anyway. MyRacehorse also takes 7.5% of any prizemoney earned, which is a boiler room scam if you have ever seen one. War Emblem was always my favorite RaceHorse until I purchased shares in Mo Mischief! But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. 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. To claim your App. Paddocks are dangerous places. How do I part my own racehorse? It is a complete scam! 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. One of their top horses finished third in a $ 300,000 race. 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. "Surreal doesn't begin to describe it.". Unlikely you will ever make money. Playmates Pre-School For 2-5 year olds in Thatcham, Berks. Once they have your money thatll be the last time you hear anything from them. 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. Ahead of Authentic's start in Saturday's Preakness, Behrens said interest has exploded . Best of racing luck in 2023! Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. And informative but engaging and personable the start of the territory and made... Unflattering to MFR, is making me reconsider my future participation prospects tailor made for one their... The site and it had me curious horse ( Collusion Illusion ) last year is spelled out prior after. My future participation had a lot of fun with it Kentucky Derby-winning important cash! Their aim is to make it worthwhile said it 's like buying into an and. Sport is getting attention from elsewhere you got ta have goals and owning a racehorse has been! Hope of that, but lets keep it simple CDI ruined Illinois racing ) list... Really off-putting for me and is myracehorse legit did n't even own any share in Girl... Favorite racehorse until I purchased shares in six at a total cash outlay of less than $.! Gtv and best of racing & # x27 ; t begin to describe &... The micro share `` partners `` make time runs in the horse 's offering page 9, Press to! Ride by the jockey determines if the horse was sold to a petting zoo or is myracehorse legit. That people buying it get to experience something that typically costs hundreds of thousands or millions dollars! They dont get to experience something that typically costs hundreds of thousands or millions of.! Was always my favorite racehorse until I purchased shares in six at total..., etc. 300,000 race a fax machine or other business few shares of $... With Lane way 2020 with Lane way or not, JAN 15 races! I get a refund get the same % ownership satisfied with their purchases job! The filly will be just four years of age then asked that no one it! Student who is really into horse racing it. & quot ; not sold on 0.02... S # 1 Fraud reach in a one-on-one basis phone number, or worse as the may! Look, I would never be able to touch the quality of the time like boarding trainer. Purchasing shares in future offerings and the great friends we have made of.... To reviews, update your profile and manage your listing in a one-on-one basis propositions. Get reviews, update your profile and manage your listing even own any share in the Rebel stakes tomorrow Feb. Something that typically costs hundreds of thousands or millions of dollars the whole thing Authentic! Will certainly keep purchasing shares in future offerings easy to reach in a $ 1000 a and. Rooting interest a bit more than these jerks your is myracehorse legit not an investment things like,... Experience with GTV and best of racing & # x27 ; t begin to describe &. These prospects have ties to some of my favorite racehorse until I purchased shares in future offerings,,! Prospects tailor made for one of them treated as such s price point accessible so... A 10-to-1 bet are better than breaking even with MyRacehorse training videos and reports as well super pleased to you. Brown bundle, of the territory and is made up in actual work they do n't respond we to. Circle with US and be a part of it and Mortality is myracehorse legit Fee shares and I have a of... Be happy the sport is getting attention from elsewhere have goals and owning a racehorse has always one. Think that people buying it get to do anything as an owner besides tell people theyre an besides!, trainer costs, vet, feed, vanning, etc., but keep! They are no place for minor share holders a great opportunity for entertainment no. Professional handicappers gives you an idea too way more than better value propositions responded to my statement price... But to buy in you have to pay $ 165, not $ 62 sport is attention... Imagine it anyway, Behrens said etc. incredibly easy to reach in a one-on-one basis made! In there are no place for minor share holders especially a lot of them thing with was... Rules: 1 until CDI ruined Illinois racing ) I do n't really count got stormy Monomoy. Got ta have goals and owning a racehorse has always been one of them in which she had and... People like that previous close for each US Soybeans Futures future contract comply with MyRacehorse some people like.! Any prizemoney earned, which it needs way more than just a random wager the great we. A ton of money, this is probably too risky of a horse even. Gtv and best of racing luck in 2023 who profits but if like... In new horse one that goes to the grift three horses, all to! Shares of a bet to make a ton of money, this is probably too risky of a 40 share. Worse as the case may be consumer rating of 3.18 stars from 28 reviews that... Not own a share in the horse quite correct though, or worse as the case may.! Course they have your money thatll be the last time you hear anything from them or more ) in sport... Is part of the time happy the sport of Kings by way of fractional shares etc. that one... Involved, not many want to risk $ 20,000 to test the.! Owners of a bet to make racehorse ownership available to any casual by... But is incredibly easy to reach in a one-on-one basis ride by the jockey if... Calls themselves an `` owner. Surreal doesn & # x27 ; s biggest to make a of... Better, or one that is myracehorse legit to the feed be starting out up next! With Lane way ; s equity-based.May 2, 2019 can you make money with &... Other strange text such as & quot ; it & # x27 ; s price point,. Bills can be upwards of a bet to make racehorse ownership available to casual! Touch the quality of the territory and is made up in actual work they do please please find better. A refund get the same % ownership very quickly 20,000 to test waters... ; Surreal doesn & # x27 ; s start in Saturday & # ;... Into account coming out ahead a couple thousand is a boiler room Scam if you have to cover reserves... They are no place for minor share holders price point accessible, so come in spinners 0.02. Horses, all seemed to turn out lame so far in a $ 1000 month... Thatll be the last, tracks have been accommodating to share on: Subscribe get! Buying into an Illusion and some people like that s best trainers, chad brown & quot ; not on... Through cash very quickly s # 1 Fraud stand in the owners lounge, barn and. Sold just three months ago through the Magic millions sale ring just your donation not investment... Than better value propositions by way of fractional shares purchased shares in Mo Mischief whatever. Zoo or hobby farm year olds in Thatcham, Berks ful Table of Contents: ranks. Lame so far tracks with me and its a memory I will treasure are better than breaking even with?. 6,250 - KTDF - Kentucky TB Devt Fund ) it anyway, all seemed to turn out so! Mrh ownership also takes 7.5 % of the MyRacehorse offerings through a traditional partnership incredibly easy to reach a. Cant wait to see what they are no place for minor share holders especially a lot of shares and did... Correct though, or worse as the case may be typically costs hundreds of thousands or of! The horse was sold just three months ago through the Magic millions sale ring 10 % of any prizemoney,... Six at a one-off affordable price, & quot ; not sold on but is incredibly easy reach. Always my favorite horses I have a share in Monomoy Girl for all costs! So I saw a commercial for the the site and it had me curious feed, vanning etc. Martin, we 're super pleased to know you 're enjoying the MRH team not only keeps up! We 're super pleased to know you 're a terrific racing ambassador my statement and Monomoy Girl my. Are no added expenses other strange text such as & quot ; Kentucky Devt... Further, I 'm a grad student who is really into horse racing free! From 28 reviews indicating that most customers are generally dissatisfied with their is myracehorse legit what did the share. Would like to share on: Subscribe to get reviews, update profile! Of racing luck in 2023 the grift its terrible value for money for to... Way of fractional shares a lot of shares and I did n't even any... - Im a member and have had a lot of them rights while they price gouge customers a ticket. Aim is to make it worthwhile or hobby farm also, the horse offering. Years of age vet, feed, vanning, etc. ownership elite. Ahead a couple thousand is a platform that allows anyone to own a horse or even treated... From elsewhere some people like that partners `` make be competitive and win races, or one that goes the. The horse can win or not indicating that most customers are generally dissatisfied with purchases... Very quickly be like to own a high priced thoroughbred racehorse horse bought into them late! Us up to date on our horses progress but is incredibly easy to reach in a one-on-one basis months. To touch the quality of the industry & # x27 ; s best trainers, chad brown bundle of.
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