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How much will it
cost?
Share costs are dependent on the
size of the percentage (from 0.2% to as high as 20.0%).
Shares available in horses range from £30.00 up to £2,000.
You may need to buy more than one share if you want to
qualify to be paid any winnings, want to be more likely to
receive Owners Badges, or if you want to share your
involvement with friends.
Our lowest cost shares will
always be those horses which are part way through their
share period. This means that the price of a share in a
horse could cost as little as £30.00, but it may only have a
month or two to run. However, even in this short period, a
horse can realistically run 2-3 times.
What am I paying
for?
You are receiving an ownership
experience in a real racehorse! Your payment covers your
share in the training, saddlery and silks, vets fees,
insurance, travel to the races, and any gallop fees. The
cost of declarations, entries, jockey fees and trainers
fees. The fee also includes all the services Ownaracehorse
provide - access to the 'Horse Manager', our helpdesk and
managing yard visits and racecourse representation.
After the
initial payment, do I have to pay training costs?
No - once you have purchased
your share there are no fees to pay. Our fees are truly
one-off. There is no requirement to renew your shareholding
once your share period has finished and we will not
re-charge you at the end of the share period.
I don't know
anything about horseracing - is this service for me?
Certainly! We make the
participation in a racehorse simple - we attempt to make
the entire experience easy to understand and provide a great
facility to keep you informed with your horse, plus a manned
helpdesk.
Do I get a share
of the horses winnings?
Yes - if you buy enough shares
and the horse details state winnings are available your
Horse Manager account will be credited with winnings,
exactly in line with the percentage of the horse you own.
Can I buy as a
gift?
Yes. Our most popular method of
buying shares is through our gift
packs.
Can I go racing?
Absolutely! Your share entitles
you to go racing as an owner. Although we can never provide
free members badges to all owners every time your horse
runs, we have a fair method of allocation. Even if you
don't get free badges, you can still go to the races and
meet the trainer and enter the parade ring (subject to the
racecourse's dress code!)
Will I get
racing tips and information?
Being a shareholder means you
will get intimate information regarding your horse, and
therefore its chances on winning. However, the
Ownaracehorse service will not provide you with information
on all the horses we offer for sale - only those in which
you buy a share. You should not base your decision to
buy only on the availability of 'inside information' or that
you will recoup your outlay through betting.
What happens if
my horse is sold during the share period?
Some of the horses available on
this site will run in Selling Races or Claiming Races.
Therefore there is a risk that your horse may be 'claimed'
or sold (if your horse finishes first it will be offered for
auction). Either way, the ownership of the horse could
change. This is the nature of horseracing, and as such is a
risk all owners take from time to time.
There is also the small
possibility that your horse may be sold by Ownaracehorse.
However, this rarely occurs.
In 95% of cases your horse will
not be sold. However, if it does happen, Ownaracehorse will
allocate you with an alternative horse within a fortnight.
It will always be a horse which is currently running and
your interest in the new horse will last for the remaining
time in your share period. However, we are unable to pay
winnings on any replacement horses.
What is
'syndication'?
Syndication simply means sharing
the cost of a horse between a group of people - and allowing
each of those people to enjoy the thrill of ownership.
Can I speak to
someone at Ownaracehorse?
Certainly! Call us on our
helpdesk number - 08458381532 - and you will be able
to discuss every detail of your horse, or ask about which
shares are the best for you. If you prefer, you can also
purchase your shares over the phone, rather than through the
internet - although you will have to login to your Horse
Manager account to activate the service.
How many shares
should I buy?
You may buy as many shares as
you wish, but usually you would buy more than one share for
three reasons - to increase your winnings, to become part of
our 'Private Service' or to ensure you are more likely to
receive free Owners Badges when you horse runs.
If you want to be able to claim
winnings from your horse, you need to buy a minimum amount
of shares to qualify. The number of shares required to do
this is clearly stated in the horse profile for each horse
in the 'View The Horses' area. Buying two or three shares
in a single horse means that you are more likely to be
allocated free Owners Badges when you go racing - it also
allows you to apply for badges for any friends who may be
going racing with you.
If you want to involve your friends and family, you need to
buy enough shares to 'syndicate'. Again, this is clearly
stated in the horse profile for each horse in the 'View The
Horses' area. If you choose to 'syndicate' you will
automatically qualify for any winnings to be paid.
The way the 'Horse Manager'
works is to allow you to have multiple horses running on
your account at any one time. This means you can ensure you
have plenty of action to look forward to. Once you have
bought your first share and created your account you can
then purchase as many additional shares as you wish in the
same, or alternative horses.
I want to
involve friends - what should I do?
Syndicate your shares. Take a
look at our syndication pages on the website for more
information.
How do I ensure
I get a horse that wins races?
There are no guarantees that you
horse will win races. We do diligently attempt to source
horses which will have a high probability of winning a race,
with trainers who will place them to win. However, there is
no way to ensure you will get a winner!
Horses which have already won a
race before are more likely to do so again, so as a rule of
thumb look for a horse which already has the 'winning way'.
We attempt to give a detailed brief on each horse so that
your decision can be made with total knowledge of the type
of horse and trainer you are becoming involved with.
What methods of
payment can I use?
You can pay with any credit or
debit card, Switch/Maestro or via Paypal. If you prefer,
you can order the share and then send a cheque.
If you are buying a high value share of over £1000 we prefer
cheque payment, however you may contact us if you wish to
organise alternative payment.
How long will my
ownership last?
Your ownership in your horse(s)
will last for the term of the share period. The share
period will always last for between 5 and 12 months. Look
for the 'share period length' in the 'View the Horses'
area. We use share periods because we don't see why you
should pay for a horse which isn't going to run - sharing a
horse during winter when it will just stay in its stable,
simply isn't value for money.
How many times will my horse run?
We always guarantee you a run from your racehorse during the
share period. However, shareholders should be aware that
some horses will take summer or winter breaks and may have
many weeks off the track at a time - this is all part of
owning a racehorse.
Our horses run between 3 and 10 races each per season,
depending on their age and how robust they are. We try to
indicate how many runs you could reasonable expect from your
horse in the purchase pages.
What happens if my horse gets
injured?
It is an unfortunate reality of
horseracing that your horse may become injured at some stage
in its racing season. If your racehorse is not able to run
for a large part of the season we will immediately swap you
into another horse so that you get value for money.
However, we are unable to pay winnings on any swaps.
What will be my
colours/silks - can I pick them?
Because you are involved in a
small share, your colours for each horse will be either the
colours of Ownaracehorse.co.uk, or the colours of the major
share owner. Your 'Horse Manager' will give you the colours
for each horse you own. To be able to pick the colours you
need to own 50% or more of the horse.
Can I get the
horse to run at my local racetrack?
No. We leave all racing plans
to the person charged with getting the horse to win - the
trainer. He or she will decide where the horse will run and
how often. However, we would recommend choosing a trainer
who trains within your locale if going racing is your reason
for purchasing a share. Your horse is then much more likely
to run its races within a reasonable distance.
Can I log into
the Horse Manager at any time?
Certainly, we operate the
Ownaracehorse web site 24 hours a day. Information about
your horse can be added at any time of the day or night.
Can I own more
than one horse?
Absolutely! The 'Horse Manager'
has been created to allow you to own shares in a string of
racehorses and therefore get plenty of thrills and value for
money.
Can I contact
other owners?
An area of the 'Horse Manager'
allows you to leave comments about a particular run made by
your horse. These comments are effectively 'shared' with
the other owners of the horse. Therefore you can share your
details with the other owners if you wish.
Can I contact
the trainer?
Yes. However, we ask you do
this through the 'Horse Manager' so that we can control the
number of requests or questions. Trainers are busy people,
often rising early, travelling large distances and retiring
late in the day - so 20 emails a day will be unlikely to get
answered! We ensure all questions are asked in our
bi-weekly update with the trainer - and most trainers will
give you a personal response via ourselves.
Can I speak to
the jockey?
Yes. When your horse runs you
will be able to meet the jockey in the parade ring prior to
the race.
Do I have a say
in which races my horse runs?
No. However, you may certainly
suggest suitable races to the trainer via the Horse Manager!
How do I
purchase a share in a horse?
Simply follow the instruction on
our Beginners Guide page.
How do I log
into my Horse Manager account?
Click on the 'Login' button on
the far right hand side of any page and you will be able to
log into our Horse Manager.
How do I find
out when my horse is running?
You could consult the racing
press each day, however, we have made this somewhat easier -
the Horse Manager will send you automatic email updates when
your horse has been entered to run, when it has been
declared, and on the day of its run.
How do I arrange
to go to the races?
Your Horse Manager manages this
process for you - including the allocation of Owners Badges
for each run.
Who are
Ownaracehorse Ltd?
we are professional racehorse
syndication managers. We also specialise in web based horse
racing services to the general public. We attempt to make
the wonderful sport of horseracing more accessible through
the internet.
If you have any doubts about
buying from us, simply call our helpdesk and speak to one of
our staff.
How do I work
out my winnings?
If you buy enough shares to
qualify for winnings, your allocated winnings will appear in
your 'Horse Manager' within a few days of the race.
Winnings are paid according to the position your horse
finishes (generally the first three in a race will attract
winnings, with the lions share to the winner). The value of
the race is stated in the racing press - but there are
various costs which are deducted from winnings such as
jockey and trainer percentages - which can add up to 30% of
the total.
As an example, if you own 2% of
a horse and the horse wins a race worth £4000 to the winner,
you could expect about £55 to be added to your 'Horse
Manager' account. Winnings are allocated within a week of
each race, but are available to be paid at the end of the
share period, either via Paypal or Cheque. Alternatively
you may offset your winnings against another Ownaracehorse
horse.
How do I get
Owners badges?
Most racecourses provide a
number of free owners badges per horse. This can vary from
course to course but is usually between 6 and 8 badges per
horse.
Owners badges can be collected
at the racecourse from the 'Members' entrance and they allow
you entrance to the raceday for free. They can be worth up
to £40.00 each.
When your horse is declared for
a race you may apply for badges via your 'Horse Manager'.
We allocate badges according to how many shares you hold,
whether you have been allocated them before, and the amount
available. You may apply for as many badges as your
require, but we cannot guarantee they will be granted. You
are informed either way by email.
If you are not allocated badges,
you may still attend the races - the average cost of entry
to the Tattersalls area of a UK Racecourse is about
£20.00.
What happens
when my share period ends?
Your Ownaracehorse account will
stay open, but will not be updated with any further
information regarding your horse. With certain horses we
may offer an extension to the share ownership period - if
this is the case you will receive notification.
Are you
approved?
In order to
provide this service we strictly follow the Weatherbys and
British Horseracing Board's rules on co-ownership. We are
also a 'Recognised Company' with Weatherby's.
Therefore, whilst Ownaracehorse owns the horse for the share
period, we do not pass any proprietary ownership rights to
our account holders. However, we do provide all the
benefits you would normally associate with racehorse
ownership, including winnings, directly in line with the
percentage of the horse you have purchased.
Is the Horse Manager secure?
Each ownership
account is secure and private, with login protected by 128
bit SSL encryption. It allows account holders to view the
latest news on their horse, see declarations, read race
reviews and race plans, watch video of past races and
contact their trainers. You can also request badges when
your horse is due to run, and post questions and comments to
other owners regarding your horse's performance.
Ownaracehorse
is a great way of experiencing racehorse ownership without
the usual financial uncertainty and obligations - but with
all the benefits you would normally associate with owning a
racehorse. |