Barns such as myracehorse.com does not require you to have a line of credit because you are buying micro shares instead of 2.5% of a multi-million $ horse which I just read includes breeding rights and a share of his breeding revenue. Also they do not use Keeneland sales where this share will be offered and goes to the highest bidder, like the sales of all horses normally does. This share is definitely not about a... Source: over 1 year ago
Checked out Commonwealth, that looks interesting...now I know how you are one of the owners, that's cool...sorta like myracehorse.com. Source: over 2 years ago
Check this out: https://myracehorse.com/ My first horse (share) was actually making money, $50 here $70 there…. And then it literally broke a leg running in a race! The good thing though I did get a small refund when they put him out to pasture. Ended up breaking even or close. If you have a track near you this is even more fun because you can attend exclusive events! Once I cash out my MVIS I’ll buy some more... Source: over 2 years ago
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