Is My Racehorse Com Legit?

MyRacehorse has a consumer rating of 2.96 stars from 27 reviews indicating that most customers are generally dissatisfied with their purchases. MyRacehorse ranks 3rd among Horseback Riding sites.

Can you make money with MyRacehorse?

With MyRacehorse you can buy fractional shares of racehorses. If the horse you purchase is ultimately profitable—which is measured against the cost of purchasing the horse, training, and maintenance, and other costs associated with operating the horse series company—you can expect to receive a dividend.

What is MyRacehorse?

MyRacehorse has fulfilled the dreams of nearly 100,000 racing fans with affordable racehorse ownership. 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.

Is horse investing worth it?

Is investing in a racehorse profitable? As mentioned, investing in racehorses is extremely risky and isn’t likely to be profitable for most investors. However, for a very small number of investors who own or have a stake in a successful horse, the winnings can be substantial.

Does Toby Keith own racehorses?

Award winning singer-songwriter, entertainer, and successful business owner Toby Keith enjoys another win with his horse Peso In My Pocket. Keith owns Dream Walkin’ Farms, an Oklahoma-based Thoroughbred breeding and racing operation and its latest progeny, Peso In My Pocket, won its debut race this past weekend.

Are shares in race horses worth it?

Yes, it is one of the most cost effective ways to become a racehorse owner. Syndicates are an ideal way to give racing enthusiasts the thrill of racehorse ownership for just a fraction of the price. However, as is the nature of sport, there is no guarantee of winning every single time, especially in horse racing.

How much does it cost to have a share in a racehorse?

Share costs are dependent on the size of the percentage (from 0.1% to as high as 20.0%)Shares are available in racehorses range from £80.00 up to £5,000. You may need to buy more than one share if you want to qualify to be paid any winnings or want to be more likely to receive free Owners Badges.

How do you buy a good race horse?

The best way to buy a racehorse is to join a syndicate or racing club and buy a stake in your own racehorse, says Emma Lunn. But do it for the love of it, not the profits. The best way to buy a racehorse is to join a syndicate or racing club and buy a stake in your own racehorse, says Emma Lunn.

How do race horses make money?

Racehorse owners can make money standing a stallion at stud, selling offspring, and breeders awards. Many horses retire and are used for breeding after completing their racing career. Even though a successful horse can make a lot of money racing, its real earnings potential might be as a stud.

How do you invest in racehorses?

Businesses such as SportBLX and Myracehorse.com are offering shares of racehorses to investors. For less than $100 a share, people can own a fraction of race winnings, stud fees and other revenue. It also opens doors to opportunities to attend events.

What is the most profitable way to bet on horses?

The Accumulator and other multiple horse bets (pick 6) are the most profitable horse racing bets and the riskiest. To win an Accumulator bet, you have to correctly forecast the winner of six races before the start of the first race.

What is the best pay for horses?

High-paying equine careers

• Mounted police officer. National average salary: $53,211 per year.
• Equine science professor. National average salary: $55,287 per year.
• Ranch manager. National average salary: $56,948 per year.
• Equine insurance agent.
• Equestrian program director.
• Occupational therapist.
• Equine veterinarian.

What are the 3 biggest expenses of owning a horse?

• The Cost of A Horse. The average horse owner spends around $4,000 a year to care for their horse.
• #1: Food. One of the biggest expenses with owning a horse is feeding it.
• #2: Boarding.
• #3: Ongoing Maintenance.
• #4: Emergency Horse Care.
• Horse Ownership in the Lowcountry.

Does George Strait own race horses?

Strait, along with his wife and manager, spent $123,000 to start a thoroughbred racing stable. He bought full or half interests in five horses this week at the Keeneland 2-Year-Olds in Training Sale.

Does Simon Cowell own a racehorse?

Pop mogul Simon Cowell was a racing flop with ‘awful’ £35,000 horse he owned with Ant and Dec – that didn’t win a penny. SIMON COWELL conquered the music world – but his foray into racing ended in disaster with an ‘awful’ £35,000 horse he owned with Ant and Dec.

Who is the richest horse in the world?

Fusaichi Pegasus
Fusaichi Pegasus is a Thoroughbred racehorse that has earned the first spot on the list of the most expensive horses in the world. The stallion is noteworthy for acquiring total career earnings of more than 2 million dollars and winning around 75 stakes globally.

What is the smartest bet in horse racing?

Many people consider the Lucky 15 one of the smartest bet in horse racing as it gives lots of options and bet types.

How much is a race horse sperm worth?

Artificial insemination is also common in modern horse breeding, where high-quality horse semen is frozen in small tubes (known as straws) and stored for future use. For the two-time gold medal-winning show jumper Big Star, a single straw of his semen will set you back about $1,200.

How much money can you make from racing horses?

Horse Racing Salary

How much money do you need to make a year to own a horse?

In general, it cost about $6,000 per year to own a horse, but expenses vary greatly depending on factors such as your horse’s health and age. Your location and whether you keep your horse in a stall or pasture also influence costs.

How much does 1 horse cost monthly?

The average monthly cost of caring for a horse in the United States is $600. This amount includes the average monthly cost of boarding fees, feed costs, and farrier visits.