is myracehorse legit

Hi Martin, we're super pleased to know you're enjoying the MRH experience. So I cant wait to see where Hero Status goes next, Im glad he finally got the extra distance, he really seemed to appreciate it. The Keeneland and Farm Tours are owner favorites! With this, my only complaint is the lack of races for the horses purchased. You get a "microshare" level of the horse owner's experience. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. The events are a lottery with thousands trying to be included and little time to travel if you don't know if you are included. We look forward to keeping our momentum going strong in 2023. You have just owned one of the greatest racehorses weve ever seen. It brings money into Spendthrift Farm, one of the biggest commercial breeders in the game. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. Its actually going to do the opposite of what you believe, pushing small mom and pop orgs to the brink while the big farms monopolize the breed. 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's a GREAT concept. 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. For example, my investment in three horses, which was $450 total, earned winnings of $40. Kept from racing for "mental issues," and when he went back managed 8th place out of 8. That's value for money isn't it? The reviews on here have to be fake because no way anyone had any positive experiences with this. A veterinarian will stop in thr barn everyday. 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. Another horse ran one race and didn't even finish. Excited does not even begin to describe how keen we are to see your . 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. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. 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. Yes, I am very pleased with Myracehorse. (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). While we try to do that when offering bundles, three horses isn't a sufficient size for diversification in this case. Investor beware. That amount is actually correct for a 1/2000th share of 40%. 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. 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. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. Welcome to the MyRacehorse Australia Owners Group. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. In addition to the app updates, the MyRacehorse ownership team will provide a suite of experiential services for owners. Take 25% off for all the deductions, commissions and fees (its actually 25.5%, but lets keep it simple. My issue is I want to be involved, seeing my horse, trainer, jock and the backside so the chances of that are slim. Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! 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. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. myracehorse.com is hosted by AMAZON-02 - Amazon.com, Inc., US. I bought into vow. is myracehorse legit. They are no place for minor share holders especially a lot of them. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. One of their top horses finished third in a $ 300,000 race. Neither is a problem with MyRacehorse. CHAOS RATINGS, OAKLAWN, JAN 15, RACES 6 THRU 9, Press J to jump to the feed. Horses are well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. How do I part my own racehorse? MyRacehorse are trying to sell a 40% share in it for $330 000. 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. After getting approx 10k of our money the trainer Mark Glatt said he needed more weight an muscle not quite ready. Tara U THEY SCAM THOUSANDS OF PEOPLE WITH THEIR FLOWER ORDERS. Eventually, I will have a positive ROI with him. These are all the main negatives of MyRacehorse! Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. 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. They dont get to do anything as an owner besides tell people theyre an owner. Etc no response. 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. Multiple offerings of Securities may be conducted on this Site. Allow me to illustrate this with a simple example. 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. 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. It's a very good system - when the horses win, there's a payout. Three quality prospects tailor made for one of the industry's best trainers, Chad Brown. MyRacehorse is an ownership platform that makes it possible for anyone to own a I am not a part owner of many racehorses to make money. 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. Thus if the horse is injured prior to selling off they lose $85,000 ($75k + xrays, tax on $75k, vanning vets). "Surreal doesn't begin to describe it.". Face it, if someone is looking for a good "value", then there are a lot better ways to invest money than racehorses, no matter what the format of the investment. Service 13 Value 13 Shipping 4 Returns 3 Quality 9 Positive reviews (last 12 months): 40% View ratings trends 19 See all photos Omg thank you! 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 events, the winners circle experience, champagne in the owners lounge, barn tours and the great friends we have made. 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 they are really offering the come in spinners is 0.02% of a 40% share in the horse. Agree with everything you say. 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"). Secure Shopping Free Shipping! So in some cases the winnings end up just going back to prop up the reserves. Thank you this app! Great tours of Spendthrift , Its a scam to give people the illusion they own a horse while getting rid of the risk the real owner takes on buying a horse at auction. It is just a news feed with no menu. and bet on it and see it win! 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. Looking forward to the future with MRH. In their defense, they buy a horse for $75,000 without any commitments from anyone. Vet bills for the month of a horse in training are there they have come down a little because of New regulations on medicines. I cant wait to see him run. 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. Love it MyRacehorse should be viewed like losing money at the casino. By using Sitejabber, you agree to our Terms of Service and Privacy Policy. 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. Been a fan my entire life, but dont really see the point or thrill of this. The Ocala Breeders' Sales grounds (OBS) is . Hi Paul, Sorry to hear your disappointment and we understand. 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. We hope you continue to enjoy the ride! 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. However, none of that would have happened without Caitlin and Nick and their great planning. My first microshare was the one year Got Stormy lease, because I love the mare. 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. MyRacehorse scooped up a 5% minority stake of Street Band in late March when the long shot clinched a spot in the Kentucky Oaks after winning the Fair Grounds Oaks. And the payouts are immediate. There isnt much hope of that, but just imagine it anyway. Have contacted MRH 3 times. 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. This is completely ludicrous and a scam after sitting on our monies for two years and not paying a single penny to shareholders. Six And One Half Furlongs. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. I have a micro share in 5 horses and understand that it is a "micro" share. Press question mark to learn the rest of the keyboard shortcuts. Ahead of Authentic's start in Saturday's Preakness, Behrens said interest has exploded . Avoid investing in this myracehorse site. For the adrenalin junkies! Bought my first horse in March 2020 with Lane Way. They absolutely do not get backside access. They were educated and informative but engaging and personable. Hey wow what a fun bonus! Hey Mimi, You're a terrific racing ambassador. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. 3. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. Its given me exactly that. But to buy in you have to pay $165, not $62. Those seeking another level of ownership experience can purchase a race day ownership badge. one of Dortmunds last crop of foals. I grew up as a kid running around Delta Downs. Unbelievable RIP Show Your Cards! 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. 4. For additional commentary, follow us on twitter @jsiegelracing. Yes! 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. . 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). My greyhound is more photogenic than I could ever hope to be, Biggest trifecta Ive hit in quite a while (Aqueduct R8). Please fix this. Which means that if like Winx it races until its 7-year-old season you have to pay another $204. Best of racing luck in 2023! Most positive reviews for this company have to be fake. 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. I think that people buying it get to experience something that typically costs hundreds of thousands or millions of dollars. I read some of the reviews from the site but I am sure they hand pick what goes on there so was hoping to get more of an unbridled response here. 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. 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. Ron Quinton a Group 1 trainer who is not associated with MyRacehorse advises clients to allow $45 000 a year for costs. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. From the moment I got my first share it has been an E Ticket Ride. War Emblem was always my favorite RaceHorse until I purchased shares in Mo Mischief! Grade B=Solid Play. 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 gets better, or worse as the case may be. I have a lot of shares and I have a share in Monomoy Girl! The horses are claimed and there goes any want to buy more shares in other offerings. I read one of the negative responses below in respect of a 95 cent payout. Acquisition Costs: $3 (#4, R4) has a legitimate . You are here: did robert kardashian write a book tidio chat documentation is myracehorse legit. But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. While making a profit in the industry is very difficult, it is possible. Staff; Opening hours; Timetable and routines; Fees (All Weather Track) Cheers. The ad has an invalid phone number, or one that goes to a fax machine or other business. 1st class operation. 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. World's #1 Fraud. I cant even see the 20+ horses I own. Part of the expenses was mortality insurance! At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under 200. Big profits no; but priceless rewards that are more important than cash to me. 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. Is it Legit? Be safe from hackers and unwanted bills. I really don't think most people do. All Reviews That's part of the risk/reward. MyRacehorse also takes 7.5% of any prizemoney earned, which is a boiler room scam if you have ever seen one. Thats just the start of the shake, the intro to the grift. I have owned racehorses for over 50 years. MyRacehorse is not an investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities requiring any such registration. 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. Browse available horses from top ownership groups and top trainers. Big problems are the expenses when your horse isn't performing and when the time comes to get rid of one. Yes. App not working? Save your money. A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. I'd say tizamagician,going to Vegas and authentic have done really well. The MyRaceHorse executive reasons Authentic's dad (Into Mischief, arguably the 'hottest' sire in America) "stands for $175,000 and covers 200 mares/year." If Authentic were to replicate those figures, shareholders would receive $350/share annuallyand it is realistic for a stallion to breed for 10-15 years. Have no idea what the heck is going on. Look, I'm a grad student who is really into horse racing. Best money I ever spent. When you add MyRunners 7.5% to the trainers 10%, the jockeys 5%, the 2% animal welfare levy, and the 1% that goes to the jockeys insurance scheme, it means that more than a quarter of any money that the horse picks up on the track disappears before the owners ever see it, almost a third going straight into the promoters pockets. I bought shares in lane way. I plan on purchasing more horses. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. It is just a news feed with no menu. Loans from management is within th e contract. Based on this, Justuseapp Legitimacy Score for MyRacehorse Is 52.2/100.. MyRacehorse works most of the time. "It was unbelievable," Behrens said. It is a complete scam! 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 am looking forward to watching my horses race, and if I get 95 cents, it will be a bonus. The math and logic was very simple. Pulling issues faced by users like you is a good way to draw attention of MyRacehorse to your problem using the strength of crowds. 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 micro-ownership offered by MyRaceHorse makes the buyer a true part-owner of the horse, with 12,500 shares in Authentic being sold. GREAT IDEA LOVE THIS. My racehorse isnt in it to make vast amounts of money. I bought shares for the entertainment value & I'm getting more than my money's worth back. We're enjoying those training videos and reports as well! At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. While most issues have legitimate . These prospects have ties to some of racing's biggest. And so much fun! Authentic will likely bring me about $600 to $1,000 annually in future income through stud fees. I am thrilled with this organization. . Horse Racing Betting. . . Eh - Im a member and have had a lot of fun with it. Unfortunately, horses get injured, don't make the races, and underperform. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. That's one of the reasons why we've consistently expressed to partners the importance of diversifying their stables. In Australia and the UK, claiming races are not particularly prevalent; instead, they lean on handicapped races, allowing owners to place their horses in competitive spots, regardless of their class, with a chance to win and earn purse money. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. Enjoy the full #MyRacehorse weekend recap: bit.ly/3FF78M3 Stonestreet and 2 others 2 15 MyRacehorse 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. I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. We can't wait to see what the rest of 2023 has in store for both these horses. When things like boarding, trainer costs, vet, feed, vanning, etc. Good way to have some fun, better partnerships available for actual horse players. You need to get it if you want a share in a horse. Create a free account to receive new My daughter is 1 1/2 and she loves horses. Fail. Zero stress. Just fantastic experience all around! This is their payout for a horse that's a major, top money maker. 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. Bills can be upwards of a $1000 a month and can be higher. I buy a Lotto ticket each week and believe that I will never win. Weight, 122 Lbs. Once you buy in there are no added expenses. MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. Do not waste your money. What exciting wins for you from both Kanthari and Hero Status. So where does your other $103 go? There is a lengthy description of the horse, which was purchased for $200,000 at 2019 Ocala, Fla., spring sale. curated coupons, Create a free account for the full You'll fell more apart of the sport by just placing a few bets. Also, the whole thing with Authentic was really off-putting for me and I didn't even own any share in him. I own one micro-share in 8 different horses. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. Not only can you own a horse but you can be rest assured that their well taken care of and the Jockeys and Trainers are vetted to ensure the horses are cared for 24/7.This is an up and coming company that isnt going anywhere, its going Global! To keep my fathers memory alive since he called me mustang. The company is sold out of shares in any horse, according to its website, but it plans to offer more in the future. 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. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. Seat at the track were on the finish line, food was tasty and great service. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. 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 ? Bet Horse Races Legal & Safe. Put in a request for a paltry $155.44 withdrawal on 3/9/2022. My racehorse.com offers micro shares in their excellent quality, very expensive race horses. My horses have been ill or injured or recuperating. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. IF it earns the $20 million before it turns 4 and 3/4. My horse Chasing Time runs in the Rebel stakes tomorrow (Feb 26th, 2022). Your high end trainers it can be significantly higher. Yes. Paddocks are dangerous places. She goes to the tracks with me and its a memory I will treasure. It will be very difficult to make a profitable return with an investment in a horse with the specific terms and conditions. Create an account to follow your favorite communities and start taking part in conversations. Seeing them lifts my days. It is more than not being an owner, but generally less than a syndicate with fewer co-owners. With another good year of racing, there should be a few more that add to that bunch. MyRacehorse ranks 3rd among Horseback Riding sites. (all numbers are approximate) Horses are entered into a suitable race when they are fit and healthy. Very unlikely to profit - but will get a chunk of my money back plus countless hours of following and watching the horses I invested in. That amount is actually correct for a 1/2000th share of 40%. So many great groups out there. Ponce motors Deceptive car sales Austin Texas . At best I made money 10% of the time. Out of that comes your jockey fee sliding scale, pony fee ($35 avg). MyRacehorse are skimming an additional 30-40% off the top. are taken into account coming out ahead a couple thousand is a win. You are only six questions away before we can help you to get started! No trainer charges $80 000 a year. You also receive a bunch of video updates of the horse - workouts, feeding, resting, etc. 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. Myracehorse.com traffic estimate is about 4,430 unique visitors and 13,290 pageviews per day. 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. By joining this group you accept to comply with MyRacehorse's Group Expectations and Rules: 1. Hi Penelope, we ecstatic to read your comments; thank you. Of course it will be years before I know the exact financial outcome. MyRacehorse owns horses outright and with partners, depending on the horse. Now I have several horse in "my stable" and just this month I'm actually in the black. I don't believe these guys invest in it for profit at all but more for the fun of watching a horse you're part of potentially win the KY Derby. 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. Horses often placed in spots for advertisement and not winning. This is not legitimate and you will not actually own anything. What I didn't think through enough before I made my investment switchover to MYRACEHORSE is something that should have been a front and center consideration in my thinking and that is good customer service, or lack thereof. 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. IN 3 WEEKS THEY SENT 3 OF MY RECIPIENTS DEAD FROZEN TINY BOUQUETS calgary . But I have some reports of high end syndicates having no interaction with horses and/or trainers either, so there are no guarantees. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. That matter is further complicated as we often have partners in the horse itself, and we want to ensure we are good participants with these very important stakeholders as well. 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.

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