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    Prizemoney Payments    

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.





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