MyRacehorse
Reviews and Complaints

So, I heard about this website called MyRacehorse and I decided to give it a try. I bought a share in a horse for $301, which seemed like a pretty good deal at the time. The horse ended up winning 4 out of 11 races, which was pretty cool. But then, the company decided to sell the horse at an auction. And guess what? On every share, I lost $161! That's a lot of money to lose, if you ask me.

I mean, I get it. Investing in horses is risky business. But this company is just taking your money and running. It's not really an investment at all. It's more like a donation. And let's be real, who wants to donate money to a company that's just going to take it and run?

So, if you're thinking about investing in MyRacehorse, I would think twice. Sure, it might seem like a good idea at first, but in the end, you're just going to end up losing money. And who wants that? Not me, that's for sure.

As a passionate horse racing enthusiast, I decided to invest in fractional ownership through MyRacehorse and while my experience has been mixed, I am overall satisfied with the platform's services. Currently, I own a total of seven horses, with PowerUp Paytner being the only one who has raced. While I purchased these horses with the knowledge that ROI was not guaranteed, I still hoped to see them participate in races and show signs of progress.

Unfortunately, it has been disappointing to see the lack of races for these horses, especially considering most of them are approaching the age of four (4) years old. While I understand that the pandemic has had a significant impact on the sport and the progression of horses, the prolonged wait for my horses to race has been quite frustrating.

Despite this, it is worth noting that MyRacehorse has been transparent about the process and potential setbacks with these investments. Their customer service representatives have been responsive and helpful in answering any questions or concerns that I have had throughout my journey with fractional ownership.

In conclusion, while there may be some concerns with the frequency of races for these horses, I still appreciate the love and personal interest that MyRacehorse has helped me cultivate for this beautiful sport. MyRacehorse has been a reliable partner for this incredible experience and I would recommend them to any horse racing fans looking to invest in the industry. However, it is important to go into this investment with a clear understanding that ROI is not guaranteed, and the pandemic has had its impact on horse racing as a whole.

I gotta tell ya, I was pretty disappointed with MyRacehorse. I mean, I thought it would be a cool way to get in on the horse racing action without having to shell out a ton of cash for my own horse. But man, was I wrong.

First of all, let me just say that if you're thinking about investing in MyRacehorse, don't do it. Seriously, just bet on horses instead. At least then you have a chance of winning some money back. With MyRacehorse, you're basically just throwing your money away.

I bought 10 shares for $750, which seemed like a pretty good deal at the time. But when the horse I invested in, Magical Ways, didn't win his first three races, they put him in a claim race. And wouldn't you know it, he won. But instead of celebrating, I was pretty ticked off. Because when a horse gets claimed, that means he gets sold. And I only got $24 back for my shares. What a ripoff!

And to make matters worse, I had no say in any of it. No voting, no nothing. They just did whatever they wanted with the horse, and I was left holding the bag. It's like they didn't care about the investors at all.

Honestly, I think you're better off just buying your own horse and paying a trainer. At least then you have some control over what happens. And if your horse wins, you can actually make some money back. With MyRacehorse, it's just a big gamble. And not a very good one at that.

So yeah, I wouldn't recommend MyRacehorse to anyone. It's just not worth it. Stick to betting on horses or investing your money elsewhere. Trust me, you'll be much happier in the long run.

I gotta say, I was pretty disappointed with MyRacehorse. I mean, they sold a horse that ended up winning multiple graded stakes races just because she didn't win fast enough at first. That's just not right. And when I tried to speak my mind about it in one of their groups, they blocked me! Can you believe that? I was just trying to express my opinion that they were setting us up for their own gain, and they couldn't handle it.

But here's the thing - we're the ones funding their business by buying shares in these horses. And what do they do with them? They drop them into claimers after using up their reserve for 25 grand. And they don't even own the majority of the horse! That's just not fair. I mean, I thought this was supposed to be for entertainment, but it's not very entertaining to spend a lot of money on a horse only to have it end up in a claiming race after just six months.

And it's not just me - way too many horses have been lost to small claiming races. Expensive ones, too. And they rarely own the majority of the horse. It's just not right.

Take the Future Starts Bundle, for example. It started with 14 horses, but within just eight months, eight of them were sold to claimers. That's more than half! And now, after 10 months, there are only two or three horses left in the bundle. That's just not a good track record.

Overall, I was really disappointed with MyRacehorse. I thought it would be a fun way to get involved in horse racing, but it just ended up being a big letdown.

MyRacehorse is a platform that allows you to own a share of a racehorse. It's like being a part-owner of a horse without having to take care of it. It's a fun experience, and it can be exciting when your horse runs in a race -- or, even wins -- however, you will never get your investment back because the payouts are so small.

I invested in three horses, which cost me a total of $450. I was hoping to make some money, but unfortunately, that didn't happen. One of the horses never even made it to a race because the horse had absolutely no interest in racing. So, the horse was sold to a petting zoo or hobby farm. Another horse ran one race and didn't even finish. It was sold, too. The third horse actually won one race, placed and showed in a couple others, but was ultimately sold because the horse could not even complete at the Grade 2 level.

After all three horses were sold, I made an additional $20 -- giving me a $60 return on a $450 investment or a loss of $390. It's like losing money at the casino. DO NOT USE THIS PLATFORM AS AN INVESTMENT. Your chances of winning a 10-to-1 bet are better than breaking even with MyRacehorse.

Overall, MyRacehorse is a fun experience, but don't expect to make any money from it. It's more like a hobby than an investment. If you're looking for a way to make money, this is not the platform for you. However, if you're looking for a fun and exciting way to be a part-owner of a racehorse, then MyRacehorse is definitely worth checking out. Just don't expect to get rich from it.

As a passionate and enthusiastic horse lover, I have always dreamt of owning my own horse. However, due to various circumstances, my horses have had to endure some difficult times, such as being ill, injured, or going through the recuperation process. Needless to say, this has not been the kind of positive experience that I had hoped for.

But then, I discovered MyRacehorse, an online platform that allows people like me to own a share in a racehorse and have the thrill of watching it compete on the track. What's great about MyRacehorse is that they make it affordable to own a share in a racehorse and provide a variety of ownership options to choose from according to your budget.

Since becoming a member of MyRacehorse, I have had the opportunity to be part of a vibrant and exciting community of horse lovers who share my admiration and passion for these majestic creatures. The platform also provides exclusive access to behind the scenes content and updates about the horses, their training, and even their daily routines.

Furthermore, MyRacehorse has been a tremendous source of inspiration and motivation for me during challenging times as I have witnessed how hard-working, resilient, and passionate the trainers, jockeys, and staff are in making sure their horses are well-cared for, happy, and fit to compete on the track.

In conclusion, MyRacehorse has not only provided me the opportunity to own a share in a racehorse, but it has also allowed me to be part of a supportive and lively community that shares my love for horses. I highly recommend MyRacehorse to anyone looking for an affordable and exciting way to be part of the horse racing world.

Upon initial impression, MyRacehorse appeared to be a promising venture for anyone interested in the thrilling world of horse racing. However, upon further investigation and consideration, it quickly became clear that this company has a dark underbelly and is nothing more than a scam.

Numerous positive reviews have been circulating around the internet, but it is hard to believe that any of these reviews are genuine. MyRacehorse's business model essentially allows regular people to purchase fractional shares in racehorses, with the hopes of earning a return on investment if their chosen horse proves successful during races. This may seem like a unique and exciting opportunity for novice horse racing enthusiasts, but in reality, it is nothing more than a guise for a shady get-rich-quick scheme.

The sad truth is that individuals who invest in MyRacehorse are unlikely to turn a profit. The company's odd purchasing and selling procedures make it almost impossible to compete with their predetermined payouts in any meaningful way. You are better off simply placing simple bets, as it will allow you to feel like you are more a part of the action and may actually stand a chance of seeing a return on your investment.

MyRacehorse's practices are not only flawed, but they are also unethical. They are taking advantage of individuals who are passionate about horse racing and using their love of the sport as a tool to profit. When all is said and done, the company is not investing in horses as they claim - they are simply manipulating the system to make a profit for themselves at the expense of others.

In short, MyRacehorse is a scam. Avoid investing in their fractional shares at all costs. Instead, focus on enjoying the sport for what it is - an exciting and unpredictable world of racing that offers ample opportunity for thrill and entertainment. Do not let companies like MyRacehorse take advantage of your passion; there are far better ways to immerse yourself in horse racing without risking your hard-earned money.

MyRacehorse is a site that offers individuals the opportunity to invest in racehorses, but my experience has not been a good one and therefore I would not recommend investing in this platform. While the initial concept of investing in racehorses is an attractive one, the specific terms and conditions associated with investments in MyRacehorse made it very difficult for me to make a profitable return.

For starters, the fees associated with investing in a racehorse on this platform can be quite high and can eat away at any potential profits. Additionally, the platform requires a significant amount of investment capital just to purchase a share in a horse. This can be a significant barrier to entry for some individuals who may be interested in investing in racehorses, but do not have the funds to make such a large investment.

Furthermore, the returns on investments in MyRacehorse can be unpredictable and highly dependent on the performance of the specific horse in which you've invested. This lack of predictability can be frustrating for investors who are looking for a more consistent return on their investment. It is also notable that investments may go on without a return for a long time with no clear indication on when investors can expect to receive a return on their investment.

Another issue I experienced while using this platform was that the communication and transparency from the team at MyRacehorse was lacking. There was little information provided to investors about the performance of the races and the horses they had invested in. This left me feeling disconnected from the investment, and I was unable to make informed decisions about my investment portfolio.

In conclusion, I cannot in good conscience recommend MyRacehorse as a platform to invest in. The fees and financial barriers to entry, coupled with the lack of transparency in terms of investment performance, have made it difficult to make a profitable return on my investment. While investing in racehorses may seem like a fun and exciting experience, the specific terms and conditions of MyRacehorse make it a challenging platform to use.

I recently had an unfortunate experience with MyRacehorse, an online platform that offers individuals the opportunity to own fractional shares in racehorses. As an investor, I had decided to withdraw a modest sum of $155.44 on March 9th of this year. Unfortunately, it has now been over three weeks since I initiated this withdrawal request, and I have yet to receive payment.

Feeling understandably frustrated and confused by this lack of follow-through, I have reached out to MyRacehorse customer service on three separate occasions. Despite my efforts, I still have no real indication of what could be causing the delay in payment. As a customer, I truly expected more transparency and accountability from MyRacehorse, and this experience has unfortunately left a sour taste in my mouth.

While I certainly appreciate the concept of MyRacehorse and the potential for investing in racehorses, this particular experience has not been a positive or rewarding one. At minimum, I hope that MyRacehorse will take steps to improve their customer service and communication moving forward, and ensure that all customers receive prompt and accurate payouts for their investments.

It's disappointing to hear that many of those who have invested in MyRacehorse (myracehorse.com) haven't seen a profit. This sentiment seems to be shared among many in the community, as several people have reported not seeing the returns they were hoping for.
One individual even went as far as reaching out to MRH directly to ask about their financial standing but received no response. This lack of transparency is concerning, as investors have a right to know how their money is being used and whether or not the company is turning a profit.
Furthermore, the fact that the group's Facebook page blocked this person from making comments to those who responded to their statement seems to suggest that they aren't open to having these kinds of conversations.
It's difficult to recommend MyRacehorse as a sound investment opportunity when so many investors seem to be coming up short. Perhaps it's best to approach this investment with caution and a realistic understanding of the potential risks involved.

My experience with MyRacehorse (myracehorse.com) has been quite frustrating to say the least. I purchased a few shares of a horse named Collusion Illusion last year, hoping to experience the thrill of horse racing and invest in a potentially successful horse.

Unfortunately, my hopes were quickly dashed as Collusion Illusion was kept from racing due to mental issues. When he finally did race, he finished dead last in a field of eight horses. Needless to say, I was disappointed in this outcome.

Adding to my frustration, I discovered that there didn't seem to be a clear provision for selling my shares. This left me feeling trapped and dissatisfied with my investment. As an investor, I would have appreciated a clearer understanding of what my options were for buying and selling shares.

However, I will say that my one positive experience with MyRacehorse was attending one of their events. The event was well-planned and offered a fun and engaging experience for attendees. I appreciated the opportunity to connect with other horse racing enthusiasts and learn more about the industry.

Overall, while my experience with MyRacehorse has been mixed, I would recommend caution to anyone considering investing in a horse through this platform. It's important to do your research and have a clear understanding of all the potential outcomes and options available to you as an investor.

As humans, we always want to ensure that our hard-earned money is well spent and invested in something worthwhile. However, MyRacehorse seems to have disappointed a few folks with their large "management" fees and perceived lack of return on investment. While the concept of owning a share of a racehorse and potentially having the thrill of seeing it run a few times a year might seem exciting, investors are left almost empty-handed when it comes to any profit made from the horse's success.

It is worth noting that one of their horses, Authentic, went on to achieve massive success, yet his investors received no financial reward for it. Hence, it is crucial to analyze and understand the potential outcomes before making a financial commitment to a horse through MyRacehorse.

On the flip side, the platform provides a unique opportunity for horse racing enthusiasts to get a feel of the industry and potentially become a more involved owner in the future. However, it is essential to be realistic about the investment and not solely rely on it for a financial return.

All in all, MyRacehorse is an innovative idea that can help bring horse racing closer to people who may not otherwise have the opportunity to invest in ownership. Still, as with any investment, it is vital to conduct thorough research and carefully evaluate the potential return on investment before committing any significant funds.