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MyRacehorse has a rating of 3.8 stars from 60 reviews, indicating that most customers are generally satisfied with their purchases. MyRacehorse ranks 5th among Horseback Riding sites.
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I have enjoyed my time with MyRaceHorse. Having worked for two owners in the past, I know the cost of owning a racehorse, and I never thought I would be able to afford one. MyRaceHorse has made that possible for me. As much as I enjoyed Seize the Grey, I watched his biggest victories from home. My personal highlight was last July when Elite Heat won at Horseshoe Indy. I met Michael Behrens, was in the winner's circle, and was hugged by the jockey. Life is great!
It has been wonderful getting to see all sides of the thoroughbred industry. I've experienced both success and disappointment but that's all part of the game.
It is fun to watch a horse race knowing you are a part owner of the horse running. I have not yet had the experience of watching one of my horse race live but that would be a fantastic experience.
I've loved my time with MRH. I'm not sure if this review is for the products I've purchased or the microshares, but either way, quite happy. There are many ups and downs with horse racing, by having tiny parts of multiple horses I've been able to make sure I have some that get to the races. Of my entire stable over the years, the % of my stable that have been winners is quite high.
My Racehorse gives us the opportunities you could never get on your own. The chance to own part of a thoroughbred
With a one time very small cost and NO OTHER COSTS! Like any other partnership you have the opportunity to buy in to horses you choose. They are transparent as to who the trainer will be which circuit the horse will run in i. E. west coast, east coast, or Midwest. They offer visits to the farms and racetracks your horses are stabled some are lotteries some are offered for a small fee.
I own several horses some of which are no longer running but have been re trained for a new career. One of the great things about MRH is that they care about their horses even if the decide they are not fond of racing. I have been lucky to have gone on a journey with Seize The Grey who won several grade ones and the Preakness. Also Seismic Beauty and Forbidden Kingdom. As well as many others.
Timing is everything. My first share purchase on myracehorse was Seize the Grey. What a ride that was. For me, it's always about just being involved in the process from training, to racing, to, in Seize the Grey's case, stud activities. As a lifelong horse lover, former horse shower, being of an age where I no longer ride, this activity scratches my horse "itch". I have now invested in several horses in training as well as the 2 broodmare bands. I love seeing the pictures and videos, and tracking the progress of all "my" horses, and thank myracehorse for the great product they produce.
I have enjoyed this opportunity with MyRacehorse. It has given me the ability to be more involved in a sport I only watched from the outside. There are definitely highs and lows when one owns a small part of a racehorse. However, this has been a great way to follow the journey of what it takes to develop a racehorse. I have a much greater appreciation for these magnificent animals.
Been involved for over one year and invested in 32 horses. So far lost 98% of my investments with very little chance of moving into the positive or breaking even. I accept the loss as I knew what I was getting into with the horse biz. I thank you for the opportunity and I hope future investors hit the big one!
My partner and I have gotten a number of offerings with MRH. Without exception it's been great. We do NOT expect to get rich here... and the site and group have made it very clear that's not what it's about. We both love horses, and enjoy racing. It's a distraction from all the Political chaos in the world. I'm disabled, but watching the races, and following the development of each horse is fun. I can't say enough about the Broodmare bundles, and am on edge right now waiting for MY 1st STG baby to arrive. In addition, I have to say that communication with MRH has been STELLER! When ever I've asked a question or had an issue it's been addressed in a professional yet personal manner. Keep up the great work...
My horses seldom run or get retired. Do not like my horses stabled in California Small purses and small fields
I got hooked into My Racehorse when I purchased a micro share in Authentic, Derby winner and horse of the year.
You will NEVER make ANY money on this organization! If your life is so bad you need to lift yourself up by saying you own a racehorse - that you have ZERO control over - and you like throwing your money away - go for it. But BEWARE - most of the horses here get sold or injured RIGHT after you buy them and the price of just a tiny fraction of ONE share is ROBBERY!
MyRacehorse is a scam and you will not get paid for any funds your horse 🐎 generates. In addition, they have a lottery of who can attend the race your horse is entered in. My Racehorse, Trainers and Jockeys are the only money makers of your investment. MyRacehorse is a Ponzi Scheme.
Cannot withdraw money from my account after significant loss horse was sold after winning and looking promising - numerous emails have been sent with no response whatsoever
I have been involved with MyRacehorse since late 2022. I only buy one share of any horse - just enough so that I can peek inside and observe how they train and manage their horses, especially their 2 year olds.
So far I've bought into 10 horses. Only 3 of them are actively racing since 5 of them are 2 year olds currently in training. The other 2 have raced once and are in some kind of holding pattern; either perpetually hurt or perpetually at the farm, or both. Fortunately one of my currently racing horses has placed a few times. Despite this, I've received only $10 in winnings.
I did a pretty extensive review of their race records since the beginning of MRH. It is not good. Most of the horses they offer in no way recoup their costs. One bundle of 3 horses they offered a few years ago made only $720 - 2 of the horses never even raced, and the other raced twice (this one horse cost MRH $600,911 - ouch).
While they do have winning horses, they are not usually owned outright by MRH, but in partnership with multiple owners such as Spendthrift and Madaket Stables (their partners when they owned Monomoy Girl, a $4million+ filly). During this partrnership they earned $350,000 for 2 races-- a pretty good return. But how much did the individual MRH owners receive? I wonder.
And that's the problem. For all the supposed transparency of this organization there is still very little clear when it comes down to the actual dispersion of earnings. In my case, my horse has currently won $259,000, but I have only received $10 (which came from his first win when he earned $57,750). He placed 3rd a few weeks ago, but when it came time for dispersion they chose to withhold the money so they could cover any fee should he enter a future race. Hmmm...
I've outlined my experience just to give you an idea of what you might expect from MRH. I think I got lucky and purchased a decent runner who is actually winning. Despite that I'm not receiving anything. And most of the horses they purchase do not run anywhere near as well as my horse. So if you are looking to earn money from horse racing, your best bet is to simply place a bet on them (they have joined up with 1stBet.com to make that easy). Otherwise, all you can hope for from MRH is to be able to enjoy perks like attending watch parties and 'Owner Celebration Dinners' (but only if you win the lottery). You can also see you horse if they and you happen to be in the area- again, sometimes by lottery.
I did not expect much from MRH and am getting exactly what I wanted out of it- an insider view of the horse racing industry (granted through MRH's filter). But it is still instructional when it comes to racing strategy and how individual trainer's handle their horses. But that's just me. If you actually hope to have a winning horse and make some kind of earnings, your odds are pretty bad. But MRH is definitely winning. Even though their horses aren't exactly earning MRH is wracking up huge amounts of money selling all kind of high priced souvenirs with each horse's name brandished on it.
I fully expect some kind of class action lawsuit in the near future due to their lack of financial transparency about 'costs' and the inability to sell a horse if he/she turns out to be a one of their usual non-winners
Too many people think that anything short of a Derby winner is a failure. Or their upset with management fees and so on... Look, you are buying a small share of a horse that 99.9% of can't afford trained by the country's leading trainers. It's an experience to get at a small cost and a chance for those who wanted to own to get to know the business better. Experience watching your horse race, maybe attend a live race and with luck get your picture taken. And in a few cases, make a few bucks. With a one time cost that includes all bills, you don't need to worry about the extra expenses. Just relax, and have some fun. But this is a racehorse and they cost a lot of money in upkeep. If you are looking for a pet, get a dog!
I gave it 2 stars because if you are a fan you can at least get the feeling of owning a racehorse. They are good with updates and videos which is fun to watch and read. The bad? They get injured all the time. One horse I bought into ran one race, got injured, and retired. Money down the drain. I have 4 more and all have been injured for many months at a time. Because of this they incur expenses and use up their money reserve. By the time they race you get $0 even if they win. Myracehorse makes money but you will never come close to breaking even. If you like updates and want to cheer a horse then go ahead and pay the $100 or whatever it is. Just do not expect to see the money again.
I have had a few small shares in horses and would recommend the experience to others - BUT NOT WITH THESE GUYS. I'd not go so far as to say its a scam, but it's not what it seems at first sight and I'd never invest a bean with them again. I invested over £100 in a horse which didn't set the world on fire but was placed in many of its races. The investment was based upon it being a one off payment for the horses racing life at a top UK yard.
It was moved to another yard within 6 months and despite doing well at the new yard was sold for about a tenth of its initial cost within 18 months of me buying my share.
That was over 3 months ago and I still haven't seen a penny of the money they got from the sale. And they don't reply to my emails.
THE LESSON OF THIS TALE FOR ME IS THAT THESE PEOPLE AREN'T CLOSE TO OTHER SYNDICATES OUT THERE.
As they say buyer beware!
Bought 1 share of a horse and it's worth the experience. No income ever so why buy more than 1 share?
Answer: Same here. At one point I had shares in 18 horses. And had a heckuva lot of fun with it.
Answer: Horses are entered into a suitable race when they are fit and healthy. The competition and the ride by the jockey determines if the horse can win or not. Checking with the professional handicappers gives you an idea too.

