Overlook Shares: Put money into a Racehorse


Seabiscuit. Secretariat. Seattle Slew.

They weren’t simply nice racehorses. They had been nice investments.

The factor is, thoroughbreds are wildly costly.

That’s why, traditionally, solely millionaires might spend money on them — and solely millionaires might take pleasure in all the thrill and potential income that go together with proudly owning them.

However not anymore…

And They’re Off!

Horse racing is likely one of the oldest sports activities on the earth.

It probably dates again to the Olympic Video games in Greece, round 700 B.C., the place jockeys would experience in chariots pulled by horses.

Then got here Harness Racing, the place horses would pull a two-wheeled cart referred to as a sulky.

After which got here its present incarnation, Flat Racing, the place horses run round a monitor, usually with a jockey astride them.

By the mid-1600s, Charles II of England had established formal guidelines for racing. And maybe extra importantly, he began rewarding the winners with prizes.

Right this moment, horse racing is an enormously well-liked pastime. It affords fast-paced motion, socializing, cocktails — and naturally, betting.

And provided that so many tens of millions of {dollars} are concerned, it’s not shocking that some of us have determined to show it right into a enterprise…

Introducing: MyRacehorse

MyRacehorse affords a technique to make investments as little as $50 into high-potential racehorses.

For instance, right here’s Balletic:

As you’ll be able to, Balletic was sired by Mischief, billed right here as “the trade’s most in demand stallion.” Make sense: Mischief’s progeny have earned over $100 million.

Moreover, Balletic might be skilled by Corridor of Fame coach Todd Pletcher.

For as little as $80, you’ll be able to personal one “share” of her. This offers you the authorized proper to your pro-rata share of her future winnings and breeding charges, and may additionally embrace perks like field seats to races, and invites to exercise periods. (Right here’s a video that exhibits what to anticipate when seeing your horse in particular person.)

Moreover, that will help you sleep straightforward at evening, the upfront share value consists of all future bills, which embrace vet charges, coaching, and insurance coverage.

How You (Probably) Make Cash

Once you make an funding on MyRacehorse, you’re shopping for shares in an organization that’s been particularly arrange for the horse you spend money on.

If the horse turns right into a cash maker — after all of the bills, plus MyRacehorses’ 15% diligence payment and 10% of gross earnings — you earn your share of the income.

If the horse you spend money on turns into the following Seabiscuit, you may make a bundle.

However as you’ll be able to think about, there’s no assure your horse will transform a winner. As MyRacehorses discloses in its FAQs:

“Most investments lose cash, some break even, a number of are worthwhile, and a choose few are extraordinarily worthwhile. We’re right here to supply a market to make investing protected, safe and enjoyable, however we aren’t eradicating the chance from racehorse possession.”

Investor Beware!

In different phrases, investor beware!

So don’t make investments greater than you’ll be able to afford to lose right here, and make sure you dip your toe into the water earlier than diving in.

However if you happen to’re trying so as to add some various investments to your portfolio — some belongings than can zig even when the inventory market zags — thoroughbreds could possibly be an thrilling place to begin.

To discover MyRacehorse, simply click on right here »

Pleased Investing. 

Please notice: Crowdability has no relationship with any of the startups or funding platforms we write about. We’re an unbiased supplier of schooling and analysis on startups and various investments.

Greatest Regards,
Matthew Milner
Matthew Milner
Founder
Crowdability.com

Feedback

Leave a Reply

Your email address will not be published.