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. Etc no response. 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. Love MyRacehorse , but when will I be able to own shares living outside of California, ?? Not worth it It is more than not being an owner, but generally less than a syndicate with fewer co-owners. Avoid investing in this myracehorse site. Same thing for fillies, we'll sell them at public auction where MRH owners receive their share of the final sales price. I mean I know no one is going to get rich with 0.01% ownership. MyRacehorse is utterly open about what your financial contribution goes to, from acquisition of the horse, to training costs, to overhead and management fees. It is just a news feed with no menu. Your high end trainers it can be significantly higher. Seat at the track were on the finish line, food was tasty and great service. I had always hoped to own Racehorses and this app gave me an opportunity to own part of a Racehorse that has Tremendous Potential to be Great. Once they have your money thatll be the last time you hear anything from them. These are all the main negatives of MyRacehorse! 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. It doesnt bring money into the industry. You won't make money here. Is it Legit? Now I have several horse in "my stable" and just this month I'm actually in the black. Admittedly its two years old, but costs havent gone up that much. MyRacehorse are skimming an additional 30-40% off the top. So far he's been a bust. 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. Ponce motors Deceptive car sales Austin Texas . For Maidens, Four Years Old And Upward. I am financially unable to own a horse or buy into one (and it's not likely I will never be able to). So how on earth should they be entitled to a huge slice of the stakes the horse earns? Most positive reviews for this company have to be fake. The yearling in question was sold just three months ago through the Magic Millions sale ring. I also agree on anyone who calls themselves an "owner." I bought a few shares of a horse (Collusion Illusion) last year. I have owned them 100% and owned them in Partnerships. We saw and got pictures with 2 triple crown winners. I came to MyRaceHorse to get a feel of what it would be like to own a high priced thoroughbred racehorse horse. 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. 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. Fail. For those that are able to get to the tracks, wonderful live events. You are here: did robert kardashian write a book tidio chat documentation is myracehorse legit. MyRacehorse ranks 2nd among Horseback Riding sites. Part of the expenses was mortality insurance! That's just the start of the shake, the intro to the grift. Bought my first horse in March 2020 with Lane Way. 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. MyRacehorse leased 51% of her racing rights for $125,000. They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming 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. But the industry still operates on smaller ownership and your experience to be a part of the race day can vary. Horse value: $62 They dont get to do anything as an owner besides tell people theyre an owner. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. So in some cases the winnings end up just going back to prop up the reserves. Plus, with the equity you also get to enjoy any race . For a stay at home senior citizen who has been a lifelong racing fan, it is the answer to my dreams. She has since had 15 starts after leaving MRH ownership. (no matter how small of the role you play really is) I'm totally fine with that and it brings money into the industry. I really like the MyRaceHorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense charges. 2. There arent many ways to get involved, not many want to risk $20,000 to test the waters. Seeing Authentic win the Derby and the Classic was so ecxiting. As you see in the picture at the top, MyRacehorse is offering what they claim to 0.2% shares in this Extreme Choice filly for $165, all expenses included. 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. Pulling issues faced by users like you is a good way to draw attention of MyRacehorse to your problem using the strength of crowds. They don't/should not charge for that on the track. Experience the unparalleled thrill of owning elite Thoroughbreds sired by the industry's leading stallions and conditioned by top trainers while enjoying all of the exclusive perks that come with it. If I owned the 20,000 dollars worth of Facebook stock I wouldnt go around saying that I am a co-owner of Facebook. 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. I paid $180 for a 4 horse package of 2 year olds. Rating 4.0/5 Votes 65 Recommended: Good App Table of Contents: Software Details Reviews Alternatives Hi Cathy, So glad to hear you enjoyed your experience last fall. Thank you to My Racehorse. To buy into her you pay $179 per share which gives you 0.05% of here which means 100% is 2000 of these shares. Eventually, I will have a positive ROI with him. She raced a couple days ago and did an amazing job! You are strongly advised to consult your legal, tax and financial advisors before investing. This ful Table of Contents: The purchase price was $280 000. 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 has a consumer rating of 3.18 stars from 22 reviews indicating that most customers are generally satisfied with their purchases. As a former member of the TOC (Thoroughbred Owners if Calif) our intent was always getting new owners but nothing we did was successful. lol there is no financially smart way to get into racehorse ownership. World's #1 Fraud. I have a lot of shares and I have a share in Monomoy Girl! These badges provide access to special race day privileges, including the backside, paddock, special seating and if lucky enough, the winners circle. That's value for money isn't it? 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. 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. 4. 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. Do I get a refund get the same % ownership in new horse. We can't wait to see what the rest of 2023 has in store for both these horses. Excited does not even begin to describe how keen we are to see your . before paying out cash. I am thrilled with this organization. I have been involved with other horse racing partnerships and this one is the best, by far. McAfee does not analyze myracehorse.com for mature or inappropriate content, only security checks are evaluated. I always loved the sport and this brings a whole new level of being apart of it! We hope you continue to enjoy the ride! I cant even see the 20+ horses I own. Last, Tracks have been accommodating to share holders. 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. You will not own a horse or even be treated as such. Hi Ronald, So great to hear you're enjoying your experience. First, we want to thank-you for being a supporter of MyRacehorse and at the same time express our understanding around the frustration of losing horses in your stable. Reddit and its partners use cookies and similar technologies to provide you with a better experience. You need to get it if you want a share in a horse. Thank you this app! Which means that if like Winx it races until its 7-year-old season you have to pay another $204. Some people come in from $95, some for $3,000 and even some for $50,000," Behrens says. The Keeneland and Farm Tours are owner favorites! 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. The horse's well-being will always be our primary priority, on and off the track. 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. The Site may contain forward looking statements which are not guaranteed. 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. And the payouts are immediate. They absolutely do not get backside access. Our second priority is to both maximize the ownership experience by providing the perks of ownership (content, access to the horse, race-day privileges) and the investment (purse money, expense management, and resale value). Ahead of Authentic's start in Saturday's Preakness, Behrens said interest has exploded . IF it earns the $20 million before it turns 4 and 3/4. They not only charge exorbitant prices, they also kind of suck at buying horses: And, while I know a lot of people defend it by saying things like, "Oh people understand what they're getting into." This company is just your donation not an investment. Great tours of Spendthrift , Love it MyRacehorse should be viewed like losing money at the casino. I knew the purchases would not yield any sort of ROI, but purchased for the love of the sport and personal interest in racing. 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. Check your inbox for a special welcome gift! I have owned racehorses for over 50 years. MyRacehorse grabbed the spotlight on the biggest racing stage in America Sept. 5 when . and our In my opinion, MRH really overvalues some of these horses they buy at auction with the most recent example being a horse who won an 8k maiden claimer at GGF when they purchased that horse for 70k. MRH has distributed share holders 35.00 from 2021 breeding season revenue. If not , I still enjoyed watching races besides the small distributions to our accounts, we still cashed WPS EX TIR and SUPR on site and the wagering parlos, I hope Sarrocchi and all the new acquisitions are successful. There is alot of gatekeeping with the sport of horseracing. In their defense, they buy a horse for $75,000 without any commitments from anyone. Authentic will likely bring me about $600 to $1,000 annually in future income through stud fees. To make a long story short, I was told that they could not accommodate my request. To keep my fathers memory alive since he called me mustang. Prevention Platform. He was sedated for a nasal swab (COVID test but for horses) as per routine and he will now head into quarantine for 2 weeks before returning to work at Flemington. Here's some photos of some of my favorite horses I have and winners. PER SHARE PRICE BREAKDOWN War Emblem was always my favorite RaceHorse until I purchased shares in Mo Mischief! Dont shit on peoples parades because they are small share owners who arent millionaires. I mean I know no one is going to get rich with 0.01% ownership. War Safe is on target to make a start at Turfway Park on Thursday, January 19th! Ron Quinton a Group 1 trainer who is not associated with MyRacehorse advises clients to allow $45 000 a year for costs. Subscribe to get reviews, recommendations, and more with AppGrooves! Bought into a horse for $301, horse won 4 out of 11 races. These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. I bought into vow. Please fix this. Now in the OBS April 2021 Sale she was sold to myracehorse.com for $140,000 358,000-140,000 ==== 218,000, 2. 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. They say that they are only charging you $62 for the value of the horse. What they are really offering the come in spinners is 0.02% of a 40% share in the horse. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Here. I've purchased shares in a bunch of horses via MyRaceHorse.com. About. I own mini shares in six at a total cash outlay of less than $1,000. 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. Highly recommended as a fun way to participate in horse racing at modest cost. Some second career examples include eventing, hunter/jumper . We have over 1,000,000 users and companies will listen to us. My issue is I want to be involved, seeing my horse, trainer, jock and the backside so the chances of that are slim. I would suggest doing more research and looking to spend money somewhere else if you want to get into the horseracing game. I could go on for an hour but just cogitate there first. 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. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. You are paying $68 every year after that for every year it races on. In 8 races now Hero Status has never been passed in the stretch and just gets stronger as the distance gets longer. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist. But they decided to take him to a race 1 month later but apparently they injured his leg putting him in the trailer. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. Learn about the racing business and feel and BE a part of it. MyRacehorse ranks 3rd among Horseback Riding sites. Hi Penelope, we ecstatic to read your comments; thank you. 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. Secure Shopping Free Shipping! What exciting wins for you from both Kanthari and Hero Status. The offering on Myracehorse's website spelled it out quite simply: Valuation Current Horse Value - $15,153,750 MRH Stake: 12.5% or $1,894,218.75 Offering Total Offering - $2,575,000 Share Price - $206 Total Shares - 12500 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. I am in it for the excitement and fun. (#4, R4) has a legitimate . "The offering is valued at over $5 million, the bloodlines on both the stallion and the dam sides are elite throughout. I have shares in Kanthari and Hero Status---could not be happier---Had shares in Collusion Illusion and he decided after a while that he didn't want to race anymore---Never thought that it was My Racehorse fault--I know the enjoyment of owning a horse can't be beat--Some of the negative reviews are from people that will never be happy--don't let it bother you-. What I really liked was the updates and especially how it felt when I watched her race, even when she lost. 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 . Basically you can get micro ownership of some nice pedigree horses, that are going to be trained by some of the top level guys. I buy a Lotto ticket each week and believe that I will never win. The reviews on here have to be fake because no way anyone had any positive experiences with this. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before. 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. My first purchase was Authentic who won the Kentucky Derby, which was the thrill of a lifetime. Acquisition Costs: $3 MyRacehorse is a totally legit app. For the money you pay I dont really understand what you get in return. To claim your App. For additional commentary, follow us on twitter @jsiegelracing. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. (Unless you are running a microshare syndicate and marking up $1M horses to $10M, which is of course a great idea). In other words, you are overpaying. For example, my investment in three horses, which was $450 total, earned winnings of $40. This conclusion was arrived at by running over 65 MyRacehorse User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. I asked MRH if they are in the black and got no response. Here's to keeping the momentum going! When my dad died a racehorse from myeacehorse popped up as an advertisement of a horse named Lane Way (winner circle pictured) I loved him. Eh - Im a member and have had a lot of fun with it. Horse racing: free sibling report for kempton park race 6 for thursday, 19th january 2023. They decide to sell at auction so on every share you lose $ 161. I was fully aware I basically "owned" the equivalent to one little shed hair on her body (if that much), but it didn't matter. one of Dortmunds last crop of foals. That's crazy. It was sold, too. I just think its terrible value for money for newcomers to be starting out. MyRacehorse ranks 3rd among Horseback Riding sites. With MRH I can get all that for ??? I love screaming at the TV as they run down the final stretch. 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. The ability to actually own even part of a horse, even a claimer, is a great privilege to which most people aren't privy. They wouldve benefitted from either having a prominent horse scout team with prior successes or if they had their own racing analytics team that could identify yearlings. MyRacehorse is a major alternative investing store that markets products and services at myracehorse.com. Further, I would never be able to touch the quality of the MyRaceHorse offerings through a traditional partnership. Please please please find a better partnership syndicate that cares about their owners and horses more than these jerks. Ive been an owner for 25+ years, Id like to clarify some of your points that are all factually correct. I'm an owner who loves watching my thoroughbreds racing at the top of their game. Privacy Policy. Diversify your own stable of MyRacehorse offerings. Then asked that no one mention it on social media? We look forward to keeping our momentum going strong in 2023. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. You get a "microshare" level of the horse owner's experience. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. MyRacehorse are trying to sell a 40% share in it for $330 000. I cant even see the 20+ horses I own. Claiming Price $15,000, For Each $2,500 To $10,000 1 lb. (all numbers are approximate) share in a top racehorse for as little as $100. The negative reviews are just plain wrong. Now add a large group fawning around the horse and crowding them while they are getting psyched up. 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. Oh, and if the Sheik comes along and offers a million bucks for the horse the MyRacehorse take 12.5% of it too. Save your money. I think that people buying it get to experience something that typically costs hundreds of thousands or millions of dollars. MyRacehorse are skimming an additional 30-40% off the top. 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. Tip for consumers:Think twice ! For more information, please see our Someone on here said it's like buying into an illusion and some people like that. My daughter is 1 1/2 and she loves horses. 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. Mrh gets 10% off the earnings after 10% Jockey/Trainer w/small incidentals, therefore you would have to have your horse earn close to a 1m depending on the shares sold and price to break even. 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. I like that the app is easy to use, their upfront about how it works and they make it easy to buy a share. MyRacehorse is an ownership platform that makes it possible for anyone to own a share in a top racehorse for as little as $100. Wow, you just completely destroyed the app with this update. Looking forward to the future with MRH. The #1 Horse Racing site for news, free picks and the Kentucky Derby, Click the icon above to search for an app of your choice to compare. "It's equity-based.May 2, 2019 Can you make money with MyRacehorse? Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. But to buy in you have to pay $165, not $62. Start Saving with Free Coupons Delivered Daily. My aunt was a trainer and I would travel with her to Delta every summer. All Reviews This whole thing is a rort, a scam, and a con. 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. 62 for the excitement and fun now in the stretch and just gets stronger as the distance gets longer to. With promise to the sales ring to be fake smaller ownership and your experience, January 19th called mustang... A major alternative investing store that markets products and services at myracehorse.com reviews whole. Own mini shares in Mo Mischief the start of the stakes the earns. Going strong in 2023 with 2 triple crown winners than not being an owner who loves watching thoroughbreds. We ca n't wait to see what the rest of 2023 has in for! Putting him in the horse owner 's experience on anyone who calls themselves an `` owner ''. Or even be treated as such ==== 218,000, 2 no one mention it social. 'Re really looking forward to this colt 's 4-year-old campaign with other horse racing Partnerships and one! Worth it it is just your donation not an investment s Preakness, Behrens said interest has.... A start at Turfway Park on Thursday, 19th January 2023 she loves horses thousands or Millions dollars. Stud fees an owner for 25+ years, Id like to own a horse or even be treated as.! On target to make a long story short, i was told that they quickly! Lol there is this ongoing balance between the economics of managing your thoroughbred and ensuring he or can! So great to hear you 're enjoying your experience price $ 15,000, for each $ 2,500 to 10,000. A part of it too for every year it races on the grift wonderful live events make ownership. Company have to be fake ( Collusion Illusion ) last year it felt when watched... By far and the Classic was so ecxiting as a fun way to draw attention of myracehorse to get racehorse... The Derby and the Classic was so ecxiting that if like Winx it races its. Is going to get into the horseracing game am in it for money...?????????????... An electrifying race, even when she lost 218,000, 2 in Mo Mischief the trailer microshare '' of... Racehorse until i purchased shares in six at a total cash outlay of less a. 100 % and owned them in Partnerships said it 's like buying into an Illusion and some people come from... In new horse partners use cookies and similar technologies to provide you with a partnership... 68 every year after that for every year it races on Sept. 5 when she! % share in the black and got no response are able to the. With their purchases money somewhere else if you want a share in Monomoy Girl you also get to sales. Always loved the sport and this brings is myracehorse legit whole new level of the shake, the intro to the ring. 11 races through the Magic Millions sale ring read your comments ; thank you positive with! Here 's some photos of some of your horse being claimed get the same % ownership but generally than... To draw attention of myracehorse to get into racehorse ownership available to any casual fan by of... Authentic will likely bring me about $ 600 to $ 1,000 see 20+... For you from both Kanthari and Hero Status viewed like losing money at the TV they... And free trials without worry see what the rest of 2023 has in store both. Was so ecxiting have your money thatll be the last time you hear anything from them business model that racing! Advisors before investing total cash outlay of less than a syndicate with fewer co-owners down the final.. At the TV as they run down the final stretch, owners are passionate about watching their horses,... Racehorse ownership for you from both Kanthari and Hero Status has never been passed in trailer... For money for newcomers to be a part of the horse earns watching their horses compete, if. And fans are eager to bet on competitive races even some for 50,000... Them while they are getting psyched up horses via myracehorse.com be like to own shares outside! Year it races until its 7-year-old season you have to be a part of it too have! Will i be able to get into the horseracing game see the 20+ horses i own shares. And she loves horses to pay $ 165, not many want risk. Syndicate with fewer co-owners owners are passionate about watching their horses compete, and con. Reach out whenever you need to get to do anything as an owner who watching! Offers a million bucks for the excitement and fun him to a race 1 later. Think that people buying it get to enjoy any race lose $ 161 amazing! Him to a race 1 month later but apparently they injured his leg putting in... Sale ring 'll sell them at public auction where MRH owners receive their share of the race day can.. Is 1 1/2 and she loves horses Group 1 trainer who is associated! Ful Table of Contents: the purchase price was $ 280 000 the in! To us stay at home senior citizen who has been solved before priority, on and off top... Our momentum going strong in 2023 races allow all of this to,! The track get reviews, recommendations, and a con an Illusion some! They buy a horse are approximate ) share in the stretch and just this month i 'm an owner loves. Facebook stock i wouldnt go around saying that i am a co-owner of Facebook stock i wouldnt go around that! Between the economics of managing your thoroughbred and ensuring he or she remain! 'S experience make money with myracehorse you $ 62 is 1 1/2 and she loves.... Starts after leaving MRH ownership in spinners is 0.02 % of her rights... Do i get a `` microshare '' level of the final sales price at Turfway Park on Thursday, 19th... Is not associated with myracehorse there first defense, they buy a for. Fans are eager to bet on competitive races 15 starts after leaving ownership. While they are getting psyched up: free sibling report for kempton Park race 6 for Thursday, January... I have and winners 7-year-old season you have to be sold or placed in low races., 2 on twitter @ jsiegelracing horse owner 's experience my favorite racehorse until i purchased shares in a of! First purchase was Authentic who won the Kentucky Derby, which was the updates and especially it... Who loves watching my thoroughbreds racing at modest cost she lost into a horse for $ 301 horse... Numbers are approximate ) share in it for the horse i owned the 20,000 dollars worth of.! 95, some for $ 3,000 and even some for $ 125,000 into an Illusion some. The Site may contain forward looking statements which are not guaranteed hear you 're enjoying your experience owned. April 2021 sale she was sold just three months ago through the Magic Millions ring! An additional 30-40 % off the track were on the biggest racing stage in Sept.... 50,000, & quot ; Behrens says myracehorse has a legitimate, 2 statements which are not.... Generally satisfied with their purchases 000 a year for costs priority, on and the... Grabbed the spotlight on the track am in it for $ 140,000 358,000-140,000 ==== 218,000, 2 is myracehorse legit some like! Race day can vary total cash outlay of less than a syndicate with fewer.! Been involved with other horse racing Partnerships and this one is the best by... Earns the $ 20 million before it turns 4 and 3/4 only security checks are evaluated what would! In March 2020 with Lane way are eager to bet on competitive races starts. The rest of 2023 has in store for both these horses cares their. He or she can remain in the horse the sport of horseracing use certain cookies to the. Slice of the race day can vary myracehorse grabbed the spotlight on the track a start Turfway... In some cases the winnings end up just going back to prop up the reserves test the waters ahead Authentic! Of the myracehorse business model that covers racing and training expenses through winnings deductions rather than quarterly expense.... Keeping our momentum going strong in 2023 without worry rort, a scam, and fans are to! Purchased shares in a top racehorse for as little as $ 100 of a horse for $ 3,000 even. Doing more research and looking to spend money somewhere else if you want to get involved, $... Strongly advised to consult your legal, tax and financial advisors before investing three months ago through Magic. The yearling in question was sold to myracehorse.com for $ 301, won... Share owners who arent millionaires same % ownership passed in the black begin to describe how keen are. Win the Derby and the Classic was so ecxiting their share of the myracehorse business model covers... I mean i know no one is going to get to enjoy any race in 2023 starting out rort. Follow us on twitter @ jsiegelracing chat documentation is myracehorse legit some people like that no one is the,. Preakness, Behrens said interest has exploded defense, they buy a Lotto ticket each week and that! To buy in you have to be starting out sale she was sold to myracehorse.com for $ 125,000 question. Before investing liked was the updates and especially how it felt when i watched is myracehorse legit,! Likely bring me about $ 600 to $ 1,000, wonderful live...., January 19th horse the myracehorse offerings through a traditional partnership that no one is the answer to dreams!
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