Congratulations to the owners of Straight No Chaser on his two Eclipse Awards nominations! Read more about Straight No Chaser here.

Reviews Write A Review

Edward Stecher from CA
April 24, 2023

2 Wins in One Day

Edward Stecher from CA
April 24, 2023

Favorite Horse

Carpe Vinum(My first MRH 5 years or so ago and now in another barn)

Favorite Track

Del Mar

2 Wins in One Day

April 21 was a good day for MRH family as 2 of my 25 horses won their maiden races at Aqueduct. Magical Ways won the 4th race and Inspector won the 6th race. Unfortunately, Magical Ways was claimed but he went out with a win. In 2022, 3 of my horses won races. So far in 2023, 4 of my horses have won , Balletic and Phantom Ride being the other two. I'm looking forward to Del Mar where I will have 4 horses running. God Bless MRH and all MRH owners and Good Luck. v/r a USAF & Vietnam Veteran.

MyRacehorse Edward, congratulations on the continued success with your stable! There is nothing better than the thrill of winning with your own horse! Best of luck for the rest of the year and thank you for your service.
Kenneth Brooks from FLORIDA
April 22, 2023

Ownership

Kenneth Brooks from FLORIDA
April 22, 2023

Favorite Horse

TTG

Favorite Track

Tampa

Ownership

I wish I knew what I know now when I started buying these shares. Unfortunately, I got too involved and now I own several horses that may not run. MRH has received it's last dollar from me-Thank you KJB

MyRacehorse Hi Kenneth, thank you for your review. As is the nature of horse racing, some horses will not make it to the races. We do our best to manage each horse as an individual to provide them with the highest opportunity to not only make it to the races, but to thrive in their racing career. Some horses do not make it to the races in their 2-year-old season and need time to grow and mature, so patience is a key component to the game. Even a champion like Zenyatta did not start racing until November of her 3-year-old season as she needed time to mature. We wish you the best with your stable!
Al AINSCOE from FL
April 21, 2023

1st win

Al AINSCOE from FL
April 21, 2023

Favorite Horse

Magical Ways

Favorite Track

Tampa

1st win

I never knew this section was on the app but as a owner of 18 horses, 1 -2 shares I am in tears of joy today as I got my 1st win. For the people who think you're going to retire from horse racing especially when you own small shares, if you want out I'll buy your shares. Thank you guys for the opportunity, also on a side note my first horse Show Your Cards was injured in the middle of the night, never raced and was put down. I cried that day with tears of pain.

MyRacehorse Hi Al, Congratulations on your first win as an owner! There's nothing quite like that feeling is there? As you mention if you spend enough time in this industry you'll experience the highest of highs and lowest of lows. Losing Show Your Cards was incredibly difficult for all of us and the partners. Truly a roller coaster of emotions this game. We wish you the best of luck with the rest of your stable and thank you for your support of the MRH program.
Ryan Howell from California
April 14, 2023

Disappointed

Ryan Howell from California
April 14, 2023

Favorite Horse

Balletic

Favorite Track

Golden gate fields

Disappointed

I know I only have a microshare in my horses but it's exciting to know that I have a 2 share of an actual race horses! I'm just disappointed in Pioneer Prince ran One race didn't finish in top four and then got injured in this now in recovery. And my second horse Balletic love her❤️ ! Came in second her first and second race and one her third then got injured having surgery. That's my disappointment but love my experience so far

MyRacehorse Hi Ryan, As you allude to, horse ownership can be quite the roller coaster experience. Like with Balletic, one moment you're filled with some of the best feelings one can experience when your horse wins a race and the next minute you're frustrated/sad when they experience a setback. Unfortunately, with horses in America only averaging about 6 starts per year, setbacks and downtime are a normal part of the business for any owner. As a company we always put the horse first and provide them the best care and time needed to achieve their best success on the track. Can it be frustrating at times? You bet, we understand. We want to see them run as much as you do! We think that over time you'll see some of the best experiences and stories in owning racehorses can be challenging times such as these when patience is rewarded long term. Best of luck in your journey!
Jeffrey Moualim from CA
April 17, 2023

Owner

Jeffrey Moualim from CA
April 17, 2023

Favorite Horse

This Wizard Rocks

Favorite Track

Del Mar

Owner

I have bred and owned race horses for 43 years. One of the great things about horse racing is that there is always something to look forward to. For a person like myself with chronic health challenges, it is a way of focusing on the future and taking a break from the present difficulties one experiences. I believe MyRacehorse offers that opportunity as with the high cost of training and Vetanarian expenses, it is no longer affordable for those of us who love racing but are not in a financial position at this stage in life. I now have a share in Simply Enchanting, which is very exciting. Love her breeding, including the B+nick. And , I also purchased a share in the Royal Duet recently. I am looking forward to an exciting 2023 racing year!!

MyRacehorse Hi Jeffrey, You're absolutely right. Our program with its one time out of pocket payment is a great benefit to owners in this very expensive and high-risk industry. Thank you for your support of MRH and we wish you the best of luck with your ownership in Simply Enchanting!
Dana Castrup from California
April 2, 2023

Race Day Fees

Dana Castrup from California
April 2, 2023

Favorite Horse

Straight No Chaser

Favorite Track

Santa Anita

Race Day Fees

First off I want to say that my wife and I have enjoyed our MRH experience. I’ve read some of the other negative reviews from owners wondering why they aren’t getting much money back from a horse that finishes in the money. I understand the standard takeout of 10% of the purse for the jockey, trainer and MRH. What isn’’t clear is the other takeout which has been identified from some of your notifications as race day fees (standard jockey fee, pony to post, race day insurance, etc). Please explain those fees in detail and explain why those fees are more for a winner than for a horse that runs second or third. It seems to me that those fees should be the same whether the horse runs first or last. Thank you

MyRacehorse Hi Dana, Thanks so much for your review and we're glad you're enjoying your experience with us. We're happy to explain the process with you. First, owners receive financial breakdowns (earnings and expenses) of each race after statements from the track are received, so they can follow specifics from each race. The amount of expenses are variable because they are a percentage of purse money earned. For example and simplicity, lets say if a horse wins and earns $100,000 then typically there would be 10 percent to each the trainer, jockey, and manager; so in total $30,000 would be deducted from the earnings and $70,000 distributed to owners. If the horse was second and earned $50,000 then $15,000 would be deducted (30% x $50,000) and $35,000 distributed to owners. Now, there are some exceptions where purse money is not distributed out. One of the major benefits of the MyRacehorse program is its one time out of pocket payment for owners. Our offerings generally include two-years worth of prepaid training and care costs which are used to pay for a horse's ongoing expenses. These funds are managed in what we refer to as a reserve account. As the funds naturally deplete over time we sometimes need to utilize race earnings to top-off the account (our goal is to always have 9 months of projected expenses in that account). We do this so owners never have to pay out of pocket again for their pro-rata portion of ongoing expenses throughout the horses career. Most other ownership groups invoice their partners on an ongoing quarterly basis to pay for these costs. Once the horse has been sold and/or retired from racing we perform a final accounting, provide a listing of income and expenses, and issue any final distributions from that account. We hope this helps and would be happy to answer any additional questions you might have.
Joan Louden-Black from Mattapoisett
March 16, 2023

The MRH Experience

Joan Louden-Black from Mattapoisett
March 16, 2023

Favorite Track

Saratoga

The MRH Experience

If you enjoy thoroughbred horse racing, MRH gives you a glimpse of the owner’s experience with little financial investment. My only wish is that they would be patient and not race our horses until they are three year olds. There would be fewer injuries and losses.

MyRacehorse Hi Joan, We appreciate the kind words and for reaching out. Your passion and well-being for your stable are prevalent; we genuinely admire that about owners. As you can tell, our process is regimented in looking after the safety and well-being of the horse throughout the entire process (before buying them, during their time in the stable, and aftercare). Unfortunately, injuries and setbacks are a routine part of the thoroughbred racing industry, no matter what stage of a horse's career, and something all owners experience frequently. Younger horses often have more frequent setbacks than their older counterparts as they are still rapidly growing and developing. Most horses that end up making a start at the races don't race at 2. However, studies over the years have shown training their bodies at 2 for the rigors of racing to build proper foundation and bone is essential to long-term soundness and health. For us, each horse's situation and health are thoroughly discussed as an injury/setback is discovered, and then deciding whether or not to send a horse back into training for starts at the races. Horses are not sent back into training and kept racing if serious concerns about soundness remain. There was an article written a few years back we'll send to you via email by world renowned Dr. Larry Bramlage on the benefits of training horses at 2 years of age. I hope you find this information helpful, and again, thanks for being a supporter of MyRacehorse.
Mark McCahill from Ohio
March 18, 2023

Good Experience

Mark McCahill from Ohio
March 18, 2023

Favorite Horse

Charlatan

Favorite Track

Winter=Turfway Spring/Fall=Keeneland

Good Experience

MyRacehorse is a great place to get started with thoroughbred ownership. It is also very easy and convenient to become a race horse owner with MyRacehorse. When I first got started with thoroughbred ownership, MyRacehorse was a great place to learn some of the basics. You get to occasionally visit your horse(s) at a farm and if you’re lucky enough, get winner circle/paddock passes when the horse races. I HIGHLY recommend MyRacehorse to any beginner. You can learn a lot about horse racing, thoroughbred ownership, and meet some cool people at various events. Yes, you pay around double for what a per share would cost off a first hand purchase, as MyRacehorse is a business. However, you get a lot of value out of learning about horse ownership and the experience. This is not something you get into and try to make a bunch of money. In my opinion, spending time around your horse and watching it race (especially if it wins) more than covers the $100 or so you pay for a micro share. If you’re in it for the money only, you’re looking in the wrong place. Unless your horse is a superstar, don’t expect a lot (monetarily). If you want to have a horse all to yourself, go spend $5k on a nickel claimer and make sure you have at least double of that to take care of the horses needs. MyRacehorse takes care of all that for you. Think about the logistics of horse ownership with racing, training, medical, etc etc. For the folks who complain about MyRacehorse, where else can you make a ONE TIME $100 payment and mingle with other horse owners, your/visit multiple farms, go into the paddock or winners circle, meet world class trainers, etc??? Don’t take too long to think about it because it doesn’t exist!!! MyRacehorse is a great thing for the thoroughbred industry!

MyRacehorse Hi Mark, Thank you so much for your kind words and we're happy to hear you're enjoying the MRH ownership experience. We welcome any additional feedback you might have to improve the experience. We're always looking for ways to improve!
lamont geddins from Nv
March 20, 2023

Scam

lamont geddins from Nv
March 20, 2023

Favorite Horse

None

Scam

This seems like a scam. Spent over $2000 in your horses and have had one horse (Tizamagian) make over $600000 and I still didn’t make my money back. Will not recommend to anyone

MyRacehorse Hi Lamont, We’re sorry to hear that you haven’t enjoyed your experience with us. You’ve had some really nice horses with us including Kentucky Derby and Breeders’ Cup winner Authentic, multiple Graded Stakes winner Tizamagican, and Lane Way. Regarding Tizamagician you’ve received over $230 per share back to your MRH wallet and there will be an additional payout to close out his account. We certainly understand that maybe it seems like it should be more for a horse that was as accomplished as Tizamagician, however there are some considerations you have to account for. First, the horse was owned in partnership with Spendthrift Farm who owned 40 percent of the horse, entitling them to that portion of his earnings. Additionally, the costs to both train and race a horse are very expensive. We provide an accounting of each race day financials in the owner feed for your reference. Some examples of expenses include: • Regular training and care costs for your horse ($50,000-$60,000 per year) • Yearly mortality Insurance for the horse (about 4% of the horse’s valuation) • Race day expenses like trainer and jockey commissions, approximately 5-10 percent of race earnings (usually closer to the latter). • Stakes entry and starter fees (can be a few thousand dollars per race) • Transportation costs So you can see that there’s a lot that is outside of the owner’s control that erodes gross earnings. However, when owners do successfully turn a profit it’s done in the sales ring or by selling an elite racing prospect to a stallion farm. For example, over the last few years we’ve sold two fillies for over $1 million at the Fasig Tipton night of the stars sale including Going to Vegas who made a 54 percent ROI for her partners. Additionally, Authentic is standing his third year at stud at Spendthrift Farm and in the coming years we’re very optimistic that he’ll provide nice returns to his partners as his career continues to unfold in the breeding shed.
Judy Shaver from Michigan
March 24, 2023

I love My Racehorse

Judy Shaver from Michigan
March 24, 2023

Favorite Horse

Monomoy Girl

Favorite Track

Keeneland 7

I love My Racehorse

You have given me such a wonderful and exciting pastime to look forward to during the three years of covid. I have loved horses since the days of Roy Rogers and his palomino Trigger on through horse racing, especially the KY Derby, the Virginian and riding at my uncle’s horse farm near Fulton, MO. I have always wanted my own horse but My Racehorse is the BBQ next best thing!

MyRacehorse Hi Judy, So great to hear you're enjoying the MRH ownership experience! Please let us know if there's anything else you'd like to see. We're always discussing and working on new ways to enhance the owner experience. Take care.
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