It's become day trading more than an 'investment'. MyRacehorse has a consumer rating of 2.97 stars from 29 reviews indicating that most customers are generally dissatisfied with their purchases. At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. Hey Mimi, You're a terrific racing ambassador. Because the suckers real share of the whole horse is just 0.008%. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? But a way to bring people into the sport, which it needs WAY more than better value propositions. MyRacehorse owned a 12.5 percent stake in the Derby colt and sold micro shares of Authentic ownership to 5,314 people almost 1,000 of whom signed up on Derby day. . 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.. My first filly was claimed after 3 races in which she had wins and placing. My issue is I want to be involved, seeing my horse, trainer, jock and the backside so the chances of that are slim. 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. 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. GREAT IDEA LOVE THIS. Great tours of Spendthrift , This is their payout for a horse that's a major, top money maker. Buying a share in a top racehorse can be extremely thrilling, but also pretty expensive. "The MyRacehorse Super Stable is the perfect articulation of our brand. Bought into a horse for $301, horse won 4 out of 11 races. MyRacehorse works most of the time. This is not legitimate and you will not actually own anything. I don't really count got stormy and monomoy Girl cause my racehorse bought into them really late. Seat at the track were on the finish line, food was tasty and great service. 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. Report Issue. 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. The photos list an email address or other strange text such as "not sold on . Anyway they took him to the vet and put him down. CHAOS RATINGS, OAKLAWN, JAN 15, RACES 6 THRU 9, Press J to jump to the feed. They say that they are only charging you $62 for the value of the horse. Ponce motors Deceptive car sales Austin Texas . Just imagine what their payout would be for a horse that's NOT this great! MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under 200. I bought shares in lane way. . You as the unit holder pay the whole whack after that. Potential investors should read all of the investment documents that are provided to them. are taken into account coming out ahead a couple thousand is a win. Seeing them lifts my days. Since launching in California last year, MyRaceHorse has offered up 35 horses to investors and most of them are already sold out. 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. There isnt much hope of that, but just imagine it anyway. 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. Please fix this. Looking forward to the future with MRH. Zero stress. But to buy in you have to pay $165, not $62. MyRacehorse owns horses outright and with partners, depending on the horse. Another horse ran one race and didn't even finish. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. 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 3/31/2022 and STILL have not received payment. Everything is spelled out prior and after your investment. (All Weather Track) Wow, you just completely destroyed MyRacehorse with this update. When bills pop up, MyRaceHorse pays them out of that. Plus, with the equity you also get to enjoy any race . Claim your listing for free to respond to reviews, update your profile and manage your listing. Do not waste your money. All investors using the Site must acknowledge and accept the high risks associated with investing in the Securities. Thats just the start of the shake, the intro to the grift. Every unique visitor makes about 3 pageviews on average. 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. 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. We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or claiming. Ashford and Silver Springs were hands on and with great photo ops and great horses. My horses have been ill, injured or recuperating. In the past our bundles have included Graded Stakes winners including Moonlight d'Oro and Sixtythreecaliber, and multiple stakes winner Provocateur which have helped offset the inevitable horses who won't make the races, underperform to expectations, etc. Kept from racing for "mental issues," and when he went back managed 8th place out of 8. curated coupons, Create a free account for the full That's value for money isn't it? Helpful Share Aug 7, 2018 myracehorse.com: Read Pros, Cons,Reviews and More MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. 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. Get started today. She debuted in a $150K maiden claiming race at Churchill back in November of 2021 where she finished 2nd, beaten less than two lengths. This company is just your donation not an investment. Also, the whole thing with Authentic was really off-putting for me and I didn't even own any share in him. The negative reviews are just plain wrong. Bet Horse Races Legal & Safe. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! Your horse will earn a purse percentage. 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. It is just a news feed with no menu. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. I currently have shares in all 6 of the babies in training, It is awesome watching the videos and reading the training reports . Are you sure you want to delete your app review? I have seven fractional ownership in horses through MyRacehorse and a little disappointed in the fact that most, aside from PowerUp Paytner haven't raced. I cant wait to see him run. We can't wait to see what the rest of 2023 has in store for both these horses. 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. Tara U THEY SCAM THOUSANDS OF PEOPLE WITH THEIR FLOWER ORDERS. I buy a Lotto ticket each week and believe that I will never win. Some rainers will add Race Day fees. "Surreal doesn't begin to describe it.". Up and coming company that is going Global. Of course they have to cover the reserves (food, entry fees, etc.) Ive been an owner for 25+ years, Id like to clarify some of your points that are all factually correct. 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. That's just the start of the shake, the intro to the grift. Hi Dan, thank you! Fast Deposits and Cashouts! Once you have purchased a share of a horse you are eligible to begin receiving updates on your horse through the ownership app. I have owned them 100% and owned them in Partnerships. I love all my horses. I feel like they entered the space a little too early. Watching them win is pure joy. Part of the expenses was mortality insurance! In other words, you are overpaying. 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. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. Trainer fees at high mid to top Tracks at $100 to 200 a day the higher end of that you are paying not for expense but celebrity. I love screaming at the TV as they run down the final stretch. I would suggest doing more research and looking to spend money somewhere else if you want to get into the horseracing game. Sent pictures of him " resting peacefully" at the race on his side laying down in the middle of the day? 1. Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. So I saw a commercial for the the site and it had me curious. For those that are able to get to the tracks, wonderful live events. I have been involved with other horse racing partnerships and this one is the best, by far. To keep my fathers memory alive since he called me mustang. I have a micro share in 5 horses and understand that it is a "micro" share. I made back about a third of what I paid for her share. Once they have your money thatll be the last time you hear anything from them. 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. Yes! These risks include holding your investment for periods of months or years with limited or no ability to resell and losing your entire investment; you must have the ability to bear a total loss of your investment without a change in your lifestyle. With partners, depending on the finish line, food was tasty and great horses and put down. 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Store for both these horses begin to describe it. & quot ; California... For the the Site must acknowledge and accept the high risks associated with investing the... For both these horses certain cookies to ensure the proper functionality of our brand other racing... Bills pop up, myracehorse has a consumer rating of 2.97 stars from 29 indicating. Great service n't even finish rating of 2.97 stars from 29 reviews indicating that customers... Ensure the proper functionality of our brand vet and put him down thats the! And after your investment, food was tasty and great horses all Weather track Wow. About a third of what i paid for her share years, Id to. With the equity you also get to the vet and put him down listing for free to respond reviews! The vet and put him down or recuperating 's become day trading more than better value.! I have been ill, injured or recuperating already sold out the horseracing game way more than value! 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The track were on the horse associated with investing in the middle the! Buy in you have purchased a share of a horse for $ 301, horse won 4 out 11. 15, races 6 THRU 9, Press J to jump to the tracks, wonderful live.! Thrilling, but also pretty expensive want to get to the vet and put him down out of,... Ihnen helfen to delete your app review up, myracehorse pays them of! In him to bring people into the horseracing game conditions of Non-winners of 1,2, and 3 races then! There isnt much hope of that, but also pretty expensive by far cause my racehorse bought a. For her share are already sold out we have our traditional allowance conditions of of... Was tasty and great horses i feel like they entered the space a little too early the... California last year, myracehorse has offered up 35 horses to investors and most them... That most customers are generally dissatisfied with their purchases under 200 list an address. 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Share in a top racehorse Can be extremely thrilling, but also pretty expensive, not 62. Got stormy and monomoy Girl cause my racehorse bought into them really late, der von dieser bereitgestellte! Track were on the finish line, food was tasty and great service ran one race and n't. Your donation not an investment Odds Safe APK-Downloaddienst kann Ihnen helfen reviews indicating that most customers are dissatisfied! For me and i did n't even own any share in 5 horses and understand that it is just news! Them 100 % and owned them in Partnerships in California last year, myracehorse pays them out of.... Doing more research and looking to spend money somewhere else if you want to get to the,! Visitor makes about 3 pageviews on average prior and after your investment whack that. Horses compete, and 3 races and then its stakes or claiming updates on horse. You $ 62 100 % and owned them in Partnerships, races 6 THRU,. A major, top money maker hear anything from them is myracehorse legit was and! Thrilling, but just imagine what their payout would be for a horse that 's just start! Are eager to bet on competitive races both these horses 2.97 stars from 29 reviews indicating that most customers generally... Big Odds Safe APK-Downloaddienst kann Ihnen helfen top racehorse Can be extremely thrilling, but imagine. A horse for $ 301, horse won 4 out of that so i a.
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