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 may spend money on them — and solely millionaires may take pleasure in all the thrill and potential earnings that go together with proudly owning them.
However not anymore…
And They’re Off!
Horse racing is among 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 known as a sulky.
After which got here its present incarnation, Flat Racing, the place horses run round a monitor, typically 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 now, horse racing is an enormously in style pastime. It gives 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 gives a strategy to make investments as little as $50 into high-potential racehorses.
For instance, right here’s Balletic:
As you may, 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 may 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 embody perks like field seats to races, and invites to exercise classes. (Right here’s a video that reveals what to anticipate when seeing your horse in individual.)
Moreover, that will help you sleep straightforward at evening, the upfront share value consists of all future bills, which embody vet charges, coaching, and insurance coverage.
How You (Probably) Make Cash
Whenever 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 price and 10% of gross earnings — you earn your share of the earnings.
If the horse you spend money on turns into the subsequent Seabiscuit, you would make a bundle.
However as you may think about, there’s no assure your horse will develop into a winner. As MyRacehorses discloses in its FAQs:
“Most investments lose cash, some break even, a couple of are worthwhile, and a choose few are extraordinarily worthwhile. We’re right here to supply a market to make investing secure, safe and enjoyable, however we’re not eradicating the chance from racehorse possession.”
Investor Beware!
In different phrases, investor beware!
So don’t make investments greater than you may afford to lose right here, and make sure to dip your toe into the water earlier than diving in.
However if you happen to’re wanting so as to add some different investments to your portfolio — some property than can zig even when the inventory market zags — thoroughbreds could possibly be an thrilling place to start out.
To discover MyRacehorse, simply click on right here »
Joyful Investing.
Please observe: Crowdability has no relationship with any of the startups or funding platforms we write about. We’re an impartial supplier of schooling and analysis on startups and different investments.
Greatest Regards,
Matthew Milner
Founder
Crowdability.com
