| |
|
One of our unique features is we pay
prizemoney to small shareholders. Most of the horses we feature
provide a share in any winnings during the share period.
To find out whether the horse does attract winnings, look in the
share information section in the 'View the Horses' area. If the
horse does pay a percentage of winnings it will be shown as
Prizemoney: YES. Also, note how many shares you need to buy in
order to qualify for a share of winnings. This is usually only one
or two shares.
We make your winnings easy to calculate - if your horse wins £1,000
after race fees, and your share is 1%, you will be credited with
£10.00 to your Horse Manager account.
Please remember that you should NOT base a decision to buy a share
in a racehorse from the Ownaracehorse site on your ability to get
any of the upfront share cost back in winnings. If your horse does
very well, you may get a small payment, but this should not be the
reason for your purchase. You are purchasing an experience and
unique interest in a fascinating sport and social occasion - it is
not a financial investment.
Your share in any winnings are paid at the end of the share period.
You will be able to see the amount rise in your Horse Manager as the
horse wins or is placed throughout the share period. We are one of
only a few racehorse management companies which will pay winnings
back to participants when they own such a small stake in a racehorse
- but we believe this is all part of the thrill of the ownership
experience.
The minimum payment threshold is £20.00, but this applicable across
all the horses in which you have shares. If your share of the
winnings does not exceed £20.00 over the share period you may decide
to retain the winnings in your Horse Manager account until you have
the minimum, or alternatively advise us to donate the winnings to
the horseracing Charity of your choice. We currently support a
number of racehorse charities.
If your winnings in the share period are above £20.00 you may
request payment either through Paypal (no fee) or by personal Cheque
(less a £3.50 cheque handling fee). We process all winnings
allocations within two weeks of your share period finishing.
> View our results and prizemoney payouts
|
|
|
