Robin Bylenok from FL
January 28, 2023
Robin Bylenok from FL
January 28, 2023
Dream Come True
As a former groom (for both TB's and Standarbred), I have always wanted to be an owner, or just be more involved in racing. Thanks to MR, this dream has come true. I went into this small venture (I only have 3 horses in my stable) with eyes wide open because I understand the ups and downs of racing. Getting the updates, understanding the process, the occasional win pictures, or just being able to watch "my" horses race live is just so fun and entertaining. It's an opportunity to experience the roller coaster ride of ownership without the huge price tag that comes with it. Now that I live in FL, I look forward to a weekend or two at Gulfstream, and I live less than 45 minutes from Ocala and the historic OBS!
Keep up the good work, MR.
We may not get rich from this program, but it sure as heck is a lot of fun!
MyRacehorse Hi Robin, our team is so pleased to read that you're enjoying your experience at MRH. We love the spirit you bring to our community. Let's keep the winners rolling with a hefty dose of fun at our events thrown into the mix. We look forward to seeing you soon at one of our upcoming events and at the track. Thank you so much for your support!
Dan Dulfer from Ca
January 16, 2023
Dan Dulfer from Ca
January 16, 2023
Hero Status
My Racehorse is a great opportunity for entertainment. Thanks again!! So I can’t wait to see where Hero Status goes next, I’m 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. Great job to all the connections as well.
MyRacehorse Hi Dan, thank you! What a performance from Hero Status on Sunday at Santa Anita. Like Mike Smith said after the race, he sure has a ton of stamina and heart. After such an electrifying race, we're really looking forward to this colt's 4-year-old campaign. So happy that you're along for this fun ride. Here's to keeping the momentum going!
Martin Zarember from NY
January 17, 2023
Martin Zarember from NY
January 17, 2023
The Best
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-
MyRacehorse Hi Martin, we're super pleased to know you're enjoying the MRH experience. What exciting wins for you from both Kanthari and Hero Status. We can't wait to see what the rest of 2023 has in store for both these horses. Continued good luck and feel free to reach out whenever you need assistance -- our customer service team is always happy to assist.
Cathy Crutcher from IL
October 24, 2022
Cathy Crutcher from IL
October 24, 2022
Keeneland Weekend Event
We had a great weekend with My Racehorse. Great tours of Spendthrift ,
Ashford and Silver Springs were hands on and with great photo ops and great horses. We saw and got pictures with 2 triple crown winners. Seat at the track were on the finish line, food was tasty and great service. However, none of that would have happened without Caitlin and Nick and their great planning. They were educated and informative but engaging and personable.
Can’t wait to see what they come up with next.
MyRacehorse Hi Cathy, So glad to hear you enjoyed your experience last fall. The Keeneland and Farm Tours are owner favorites! Best of racing luck in 2023!
Sharon Williams from Oregon
December 13, 2022
Sharon Williams from Oregon
December 13, 2022
Dissapointed
I've been very enthusiastic about MRH from the time I bought shares in my 1st two horses and a share in the Super Star bundle. But now after watching how fast the teams are unloading horses they deem unflattering to MFR, is making me reconsider my future participation. It's become day trading more than an 'investment'. They are quickly turning horses with promise to the sales ring to be sold or placed in low claiming races. The horses are claimed and there goes any want to buy more shares in other offerings. My first filly was claimed after 3 races in which she had wins and placing. She has since had 15 starts after leaving MRH ownership.
MyRacehorse 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. 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. That matter is further complicated as we often have partners in the horse itself, and we want to ensure we are good participants with these very important stakeholders as well. There is this ongoing balance between the economics of managing your thoroughbred and ensuring he or she can remain in the stable. As you may know, we have large stables throughout the United States, the United Kingdom, and Australia, managing over 120 horses for more than 50,000 owners. The horse's well-being will always be our primary priority, on and off the track. 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). 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. In the United States, however, almost 70% of our races are claiming races, and we are basically void of handicapped races. We have our traditional allowance conditions of Non-winners of 1,2, and 3 races and then its stakes or… claiming. On top of that, our NW1, NW2, and NW3 are highly competitive, and the vast majority of horses bred in the United States never achieve a speed figure that would allow them to work through those conditions successfully, so what happens instead, they are most often entered into the claiming races to be competitive. 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. If you want to be competitive and are not in the top echelon of racing, you will run for a claiming tag. Horses love to run, owners are passionate about watching their horses compete, and fans are eager to bet on competitive races. These claiming races allow all of this to happen, but the upside comes with the inherent risk of your horse being claimed. 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. So you need to be competitive and win races, or else you are burning through cash very quickly. With our model, we have been increasing cash reserves with recent offerings to give us more and more optionality, and that will help, but it will not change the fact that many of our horses will need to either be sold for breeding, retired, or entered into a claiming race. 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. We can promise to continue assessing, listening, and optimizing to maximize the ownership experience.
Paul zarco from Illinois
January 4, 2023
Paul zarco from Illinois
January 4, 2023
Review
Terrible experience from start to finish. Had shares of the chad brown bundle, of the three horses, all seemed to turn out lame so far. For the money paid, the bad news just seems to layer every week. For the money you pay I don’t really understand what you get in return. Been a fan my entire life, but don’t really see the point or thrill of this.
MyRacehorse Hi Paul, Sorry to hear your disappointment and we understand. This bundle certainly has had a tough go of it but is a microcosm of what one faces as an owner in this tough but rewarding business. Unfortunately, horses get injured, don't make the races, and underperform. Every owner (whether your with MRH or doing it on your own) will end up with those circumstances. That's one of the reasons why we've consistently expressed to partners the importance of diversifying their stables. While we try to do that when offering bundles, three horses isn't a sufficient size for diversification in this case. 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. We hope you'll reconsider the ownership experience moving forward and would be happy to talk with you in further detail to help you achieve your ownership goals and experiences.
Ronald Bettini from AZ
December 28, 2022
Ronald Bettini from AZ
December 28, 2022
Watching the babies grow
I currently have shares in all 6 of the babies in training, It is awesome watching the videos and reading the training reports . 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 ?
MyRacehorse Hi Ronald, So great to hear you're enjoying your experience. We're enjoying those training videos and reports as well! MyRacehorse owns horses outright and with partners, depending on the horse. You can always find ownership information disclosed on the horse's offering page. 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. Same thing for fillies, we'll sell them at public auction where MRH owners receive their share of the final sales price.
Marvin Collins from Signed a Purchase Agreement
January 6, 2023
Marvin Collins from Signed a Purchase Agreement
January 6, 2023
G.T.V R.O.I
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. IS Going to Vegas And Justify the only two that have returned a positive return? 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.
MyRacehorse Hi Marvin, We've had a number of horses be profitable ventures for their partners including Going to Vegas, Street Band, and Vertical Threat. With another good year of racing, there should be a few more that add to that bunch. While making a profit in the industry is very difficult, it is possible. Congrats on your experience with GTV and best of racing luck in 2023!
Mimi Kramer from CA
January 7, 2023
Mimi Kramer from CA
January 7, 2023
Hey wow
I invested in a couple micro shares of one horse back when MyRacehorse started here in California. I didn't do it to make any money, I did it because from the time I was a little girl, I dreamed of one day owning a racehorse. Then I went to see her run at a MyRacehorse event and I was hooked! Now I have several horse in "my stable" and just this month I'm actually in the black. Hey wow... what a fun bonus!
MyRacehorse Hey Mimi, You're a terrific racing ambassador. Costs of ownership are very expensive and most horses won't earn enough to cover their training and care costs, let alone their purchase price. But it is possible! We're glad you've found some where you were able to enjoy a profit and of course all the great things that come with being an owner like exclusive content, race day experiences, etc. Best of racing luck in 2023!
Penelope Price from Indiana
December 9, 2022
Penelope Price from Indiana
December 9, 2022
Best experience ever!
MyRacehorse is a brilliant concept which is executed flawlessly. The MRH team not only keeps us up to date on our horses’ progress but is incredibly easy to reach in a one-on-one basis. Just fantastic experience all around! We will certainly keep purchasing shares in future offerings!
MyRacehorse Hi Penelope, we ecstatic to read your comments; thank you. 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. We hope you continue to enjoy the ride!
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