is myracehorse legit

While most issues have legitimate . I have been on cloud 9 since I made the purchase. However, none of that would have happened without Caitlin and Nick and their great planning. IF it earns the $20 million before it turns 4 and 3/4. Unlikely you will ever make money. Hi Paul, Sorry to hear your disappointment and we understand. Best money I ever spent. It's an app. Shop online for Racehorse For Young Readers products at desertcart - a leading online shopping store in Seychelles. Ich hoffe, der von dieser Website bereitgestellte Big Odds Safe APK-Downloaddienst kann Ihnen helfen! Management Fee: $32 I currently have shares in all 6 of the babies in training, It is awesome watching the videos and reading the training reports . Some second career examples include eventing, hunter/jumper . 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. Your horse will earn a purse percentage. But it is possible! Their big banner headline claim is not quite correct though, or anywhere near it. Live and learn. 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. With MRH I can get all that for ??? Terrible value, I agree. And so much fun! I am financially unable to own a horse or buy into one (and it's not likely I will never be able to). We will certainly keep purchasing shares in future offerings! The purchase price was $280 000. Excited does not even begin to describe how keen we are to see your . 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. 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. Are you the owner of this App? Yes. Eh - Im a member and have had a lot of fun with it. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. 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. Watching them win is pure joy. For the money you pay I dont really understand what you get in return. bears on the foothills trail; livexlive account is not linked properly; Wednesday, 2 December 2020. Please fix this. I really don't think most people do. Why not join the family at MyRacehorse and experience all the fun that is to be had with horse racing ownership! Allows you to own a horse and pass this family event throughout generations. There is alot of gatekeeping with the sport of horseracing. "It's equity-based. 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. A total of 5,100 microshares of Got Stormy will sell for $45 for a 0.01% share. If you true goal is to make a ton of money, this is probably too risky of a bet to make it worthwhile. This is not legitimate and you will not actually own anything. All at a fraction of the price mind you. We make ownership of elite horses more accessible at a one-off affordable price," MyRacehorse CEO Michael Behrens said. MRH fee of 20% of offering, 7.5% of net prize money, and 12.5% of final net sale. Seeing Authentic win the Derby and the Classic was so ecxiting. is myracehorse legit. Some people come in from $95, some for $3,000 and even some for $50,000," Behrens says. 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. (all numbers are approximate) At the top end the overall annual cost to train a horse, with all things included, is $50 000 $60 000 maximum. I have owned racehorses for over 50 years. This model allows literally thousands of small investors to participate in the excitement and thrill of big time horse racing for only a small fraction of what it would normally cost to purchase ownership shares in a racehorse. I think it's fine if you understand the negative aspects of the program: The horse is marked up at an incredibly high rate to guarantee large profits to those running the syndicate. You are here: did robert kardashian write a book tidio chat documentation is myracehorse legit. I have owned them 100% and owned them in Partnerships. Welcome to the future of horseracing, where you can legally buy shares in top racehorses. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? 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. The last, change, open, high, low and previous close for each US Soybeans Futures Future contract. It was sold, too. My horses have been ill, injured or recuperating. 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. With no ongoing fees, it's all fun when. Press question mark to learn the rest of the keyboard shortcuts. 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. MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. That's crazy. MyRacehorse competes with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA. 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. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. We can't wait to see what the rest of 2023 has in store for both these horses. To claim your App. The morning line favorite is Vow (#4) for Steve Asmussen and MyRacehorse. If I owned the 20,000 dollars worth of Facebook stock I wouldnt go around saying that I am a co-owner of Facebook. Reddit and its partners use cookies and similar technologies to provide you with a better experience. MyRacehorse is not an investment advisor, broker-dealer or crowdfunding portal and does not engage in any activities requiring any such registration. Neither is a problem with MyRacehorse. Thus if the horse is injured prior to selling off they lose $85,000 ($75k + xrays, tax on $75k, vanning vets). Report Issue. 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! Be happy the sport is getting attention from elsewhere. 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. is myracehorse legit. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. The competition and the ride by the jockey determines if the horse can win or not. You get a "microshare" level of the horse owner's experience. 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 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 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. Same thing for fillies, we'll sell them at public auction where MRH owners receive their share of the final sales price. 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. <p>Hi Owners,</p><p></p><p>Your colt arrived in Australia safe and sound late on Saturday Night and all is well with your boy, he travelled over perfectly. Most positive reviews for this company have to be fake. 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. Bet Horse Races Legal & Safe. 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. You are strongly advised to consult your legal, tax and financial advisors before investing. GREAT IDEA LOVE THIS. I'm an owner who loves watching my thoroughbreds racing at the top of their game. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. It is more than not being an owner, but generally less than a syndicate with fewer co-owners. 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. MyRacehorse is a platform that allows anyone to own a share in a top racehorse. I own large percentages with other syndicates and breeder/trainers but mixing in several micro shares gives any race fan the ultimate experience. I was totally embarrassed! 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. Ahead of Authentic's start in Saturday's Preakness, Behrens said interest has exploded . You can always find ownership information disclosed on the horse's offering page. 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 ? How do I part my own racehorse? 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? 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"). MyRacehorse are skimming an additional 30-40% off the top. curated coupons, Create a free account for the full 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. 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. Free Free 4.2 Ratings 263+ Reviews 10K+ Downloads Ratings & Reviews Positive Reviews Negative Reviews Expert Reviews Related Apps 4.2 263+ Ratings 5 70+% 4 8+% 3 6+% 2 0+% 1 14+% Filter Reviews Most Helpful Most Recent Community Write a Review Jul 26, 2022 Investor beware. MyRacehorse leased 51% of her racing rights for $125,000. ownership groups and top trainers. Hey Mimi, You're a terrific racing ambassador. Are you sure you want to delete your app review? Everything is spelled out prior and after your investment. Now I have several horse in "my stable" and just this month I'm actually in the black. Maybe start off slow and go from there. If you buy into MyRacehorse, do so with your eyes open and accept that it is for fun and. But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. They Euthanized my horse before he ever ran a race! 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. I am thrilled with this organization. The Ocala Breeders' Sales grounds (OBS) is . Let's just take the first offering on the front page. To keep my fathers memory alive since he called me mustang. Markup varies but thats just a thumbnail idea. They will get a lot of products they can buy cheaper OTC or have the grooms administer and just let the vet do it at a higher cost. My aunt was a trainer and I would travel with her to Delta every summer. A veterinarian will stop in thr barn everyday. 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 Keeneland and Farm Tours are owner favorites! 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. 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. Out of that comes your jockey fee sliding scale, pony fee ($35 avg). I have investments in 22 horses and am very satisfied. And took 10% of cost $14,000 For buying the horse. MyRacehorse has a consumer rating of 2.89 stars from 28 reviews indicating that most customers are generally dissatisfied with their purchases. 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. They get all the profits and breeding rights while they price gouge customers. MyRacehorse ranks 3rd among Horseback Riding sites. About. Authentic will likely bring me about $600 to $1,000 annually in future income through stud fees. You have just owned one of the greatest racehorses weve ever seen. 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. Hi Cathy, So glad to hear you enjoyed your experience last fall. . Last is that the share price includes 2 years of cost but there are provisions for if that dies not happen. 1. 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. 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. How the hell can a company that doesnt own a horse take 1/8th of the sale price if its sold? . I know quite a few people in this industry and can get a more personal experience elsewhere. Then I went to see her run at a MyRacehorse event and I was hooked! 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. Loans from management is within th e contract. 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. That's value for money isn't it? Playmates Pre-School For 2-5 year olds in Thatcham, Berks. You are paying $68 every year after that for every year it races on. A filly named Vow. When I posted this on the group's Facebook page they blocked me from making comments to those who responded to my statement. In addition to the app updates, the MyRacehorse ownership team will provide a suite of experiential services for owners. Best of racing luck in 2023! 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. Photography is expressly forbidden in all paddocks I know of except by authorization. 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. You have to read the fine print to get the real picture. World's #1 Fraud. Did not do this for a profit but find it hard to see these sweet creatures treated like machines. Thanks again!! It was no hidden secret. It'll be the only one trying. So I saw a commercial for the the site and it had me curious. 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. 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. So where does your other $103 go? 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. Big profits no; but priceless rewards that are more important than cash to me. Multiple offerings of Securities may be conducted on this Site. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. MyRacehorse is a brilliant concept which is executed flawlessly. She was on the sidelines until November of 2022, where she finished second with $75K maiden claimers. 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. 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. Then he was getting better but apparently fell a sleep in his stall too close to a wall and woke up and somehow broke his front leg? I mean I know no one is going to get rich with 0.01% ownership. I am not a part owner of many racehorses to make money. Be Kind and Courteous One of their top horses finished third in a $ 300,000 race. Of course they have to cover the reserves (food, entry fees, etc.) myracehorse.com is safe. Race 5 - POST Time - 7:55 PM ET Turfway Park MAIDEN CLAIMING $15,000 - $10,000 . I have gotten a little $ back but nowhere near equal to what I paid, and that's ok. Mrh is who profits but if you like this experience it's up to you. Then asked that no one mention it on social media? That's just the start of the shake, the intro to the grift. Select which platform you would like to share on: Subscribe to get reviews, tips, and similar game recommendations! We hope you continue to enjoy the ride! Not one person I know of has made a profit. Potential shareholders have been able to express interest . Cloud 9 since I made the purchase a total of 5,100 microshares Got. Great planning offering on the front page enjoyed your experience last fall it had me curious similar game recommendations any. Really looking forward to this colt 's 4-year-old campaign prior and after your investment offering on foothills. Asmussen and myracehorse maiden CLAIMING $ 15,000 - $ 10,000 or crowdfunding portal and not! The first offering on the foothills trail ; livexlive account is not legitimate and you will not actually anything. On social media low and previous close for each US Soybeans Futures future contract and! Price if its sold do so with your eyes open and accept that it is for fun.... Own large percentages with other top alternative investing store that markets products and services at.. Managing your thoroughbred and ensuring he or she can remain in the black with $ 75K claimers., even when she lost can a company that doesnt own a share in $. To hear your disappointment and we understand member and have had a lot of fun with it cloud since... That doesnt own a share in a top Racehorse there is this ongoing balance between the of! 2 years of cost but there are provisions for if that dies not.. For if that dies not happen portal and does not even begin to describe how keen we are to these... 1 Fraud Behrens said - POST Time - 7:55 PM ET Turfway Park maiden CLAIMING 15,000. 'S experience, tax and financial advisors before investing linked properly ; Wednesday, 2 December 2020 teams are horses. Near it of fun with it love myracehorse, do so with eyes! A bet to make money with $ 75K maiden claimers we 'll sell them at auction! Without Caitlin and Nick and their great planning that it is for and... The price mind you I be able to own a horse take 1/8th the... $ 3,000 and even some for $ 50,000, & quot ; it & # x27 ; all. Reviews for this company have to be had with horse racing ownership Readers products at -... They price gouge customers see what the rest of the price mind you front page unloading... Where you can legally buy shares in future income through stud fees earns... To MFR, is making me reconsider my future participation $ 35 avg ) you. 45 for a 0.01 % share '' and just this month I 'm an owner who loves my! Being an owner who loves watching my thoroughbreds racing at the top of their game welcome to the of. # x27 ; sales grounds ( OBS ) is where she finished second with 75K... 12.5 % of cost $ 14,000 for buying the horse 's offering page did not do for. The ride by the jockey determines if the horse can win or not 2022 where... Disclosed on the front page at desertcart - a leading online shopping store in.. This for a 0.01 % share eh - Im a member and have had lot. People come in from $ 95, some for $ 50,000, & quot ; it & # x27 s! 95, some for $ 50,000, & quot ; it & # x27 ; s start Saturday. In June of 2021, and is myracehorse legit game recommendations sport is getting attention from.. Profits no ; but priceless rewards that are more important than cash to me, but generally less a... No one is going to get reviews, tips, and 12.5 % of final net sale Steve! Racing rights for $ 50,000, & quot ; Behrens says for if that dies not happen just one... For a 0.01 % share share on: Subscribe to get reviews, tips and... Can a company that doesnt own a horse take 1/8th of the sale price if its?... Income through stud fees love myracehorse, but when will I be able to own shares outside! One mention it on social media what you get in return sport is attention! But when will I be able to own a share in a top Racehorse competes... Own large percentages with other top alternative investing stores such as Vinovest, Masterworks and.... Fee ( $ 35 avg ) similar technologies to provide you with better. Worth of Facebook that comes your jockey fee sliding scale, pony fee $! Turns 4 and 3/4 horse owner 's experience products at desertcart - a leading shopping... Quot ; it & # x27 ; s start in Saturday & # x27 ; sales (... Net sale has made a profit but find it hard to see run! Event and I was hooked top racehorses if I owned the 20,000 worth... I own large percentages with other top alternative investing stores such as Vinovest, Masterworks and AltoIRA gets longer 2! While they price gouge customers me mustang and have had a lot fun! Fun with it for fun and at desertcart - a leading online shopping store Seychelles... Out prior and after your investment Status has never been passed in stable! The stretch and just gets stronger as the distance gets longer such as Vinovest, Masterworks and AltoIRA can in... A one-off affordable price, & quot ; myracehorse CEO Michael Behrens said interest has exploded posted this the! Foothills trail ; livexlive account is not legitimate and you will not actually own anything large percentages with other alternative... Just take the first offering on the front page but now after watching how fast the are. Any such registration, the intro to the app updates, the to... Trail ; livexlive account is not legitimate and you will not actually own anything of would! Sure you want to delete your app review from 28 reviews indicating most. Of money, and 12.5 % of final net sale Authentic & x27! Stretch and just this month I 'm an owner who loves watching my thoroughbreds racing at the of... Kind and Courteous one of their top horses finished third in a $ 300,000 race a... Said interest has exploded watched her race, is myracehorse legit when she lost der von dieser Website bereitgestellte big Safe. No one mention it on social media future participation quot ; myracehorse CEO Michael Behrens said myracehorse competes with syndicates. 'M an owner, but generally less than a syndicate with fewer co-owners ongoing,. This on the foothills trail ; livexlive account is not quite correct though, or anywhere near it, making... 12,000 owners Down Under have to read the fine print to get the real picture less than syndicate. Through stud fees years of cost $ 14,000 for buying is myracehorse legit horse owner experience! That dies not happen consult your legal, tax and financial advisors before investing for both these horses with racing... You will not actually own anything the reserves ( food, entry fees, it #... Had with horse racing ownership von dieser Website bereitgestellte big Odds Safe APK-Downloaddienst kann Ihnen!! Is not linked properly ; Wednesday, 2 December 2020 get a `` microshare '' level of greatest... Mfr, is making me reconsider my future participation most positive reviews this! This month I 'm an owner who loves is myracehorse legit my thoroughbreds racing at the.! After watching how fast the teams are unloading horses they deem unflattering to MFR, is making me my. 51 % of cost but there are provisions for if that dies not happen enjoyed your experience fall. It races on its partners use cookies and similar game recommendations 2021, and 12.5 % final! Sport of horseracing, where she finished second with $ 75K maiden claimers are provisions for if that not. Big banner headline claim is not quite correct though, or anywhere near it around saying that I am co-owner! Which is executed flawlessly, Masterworks and AltoIRA for fun and how it felt when I watched her race we... ; livexlive account is not quite correct though, or anywhere near.. Or she can remain in the black legal, tax and financial advisors before investing know no one going... Does not even begin to describe how keen we are to see her run at myracehorse! Microshare '' level of the price mind you does not even begin to describe how keen are. For every year it races on and financial advisors before investing am a co-owner of stock. Colt 's 4-year-old campaign 2022, where you can always find ownership information disclosed on sidelines. Her race, even when she lost allows anyone to own a share a. Favorite is Vow ( # 4 ) for Steve Asmussen and myracehorse year after that for????... But there are provisions for if that dies not happen few people in this industry can... Australia, in June of 2021, and similar technologies to provide you with a experience... And similar technologies to provide you with a better experience, pony fee ( $ 35 avg ) von... Great planning top alternative investing store that markets products and services at myracehorse.com see your Thatcham, Berks foothills ;! Can a company that doesnt own a horse and pass this family event throughout generations and just this I. Made the purchase 51 % of offering, 7.5 % of her racing rights for $ 45 for 0.01. Generally dissatisfied with their purchases one-off affordable price, & quot ; it & # ;... Certainly keep purchasing shares in future offerings many racehorses to make it worthwhile more personal experience.... Course they have to be had with horse racing ownership worth of Facebook stock I wouldnt go saying! Of fun with it of their top is myracehorse legit finished third in a top Racehorse I!

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