What is
Thorough Crowd?
thoroughbred ownership
Thorough Crowd offers fans of all levels the opportunity to own ACTUAL equity in our race horses. There are no initial mark up fees and we minimize further payments by offsetting costs with winnings. If the partnership that you’re in has money left at its conclusion, you get paid in accordance to the percentage of your ownership!
The Ownership Difference
Thorough Crowd is different from “Racing Clubs” in that we offer actual ownership, as opposed to just an ‘experience.’ Racing Clubs offer a low point of entry, but the ‘partners’ don’t actually own any of the horse.
And, unlike “micro share” ownership groups, we don’t charge extreme markups and we don’t have bloated marketing budgets. While they routinely spend 6 figures on yearlings that end up in $20,000 claiming races, we instead spend $20,000 on claims that end up in allowances. We have had yearlings purchased for less than $10k go on to earn and/or be sold for over $50k.
Thorough Crowd Success
At Thorough Crowd we have proven time and time again that we excel at finding undervalued horses and moving them up the class ladder:
Threatlevelmidnite – Claimed for $15,000 has won two allowance races for us.
Freedom Bound – Claimed for $10,000 won her first start for us for $16,000 and has since been second in allowance company and vs. starter allowance company at Kentucky Downs
Thunder Bern – A $3,000 purchase as a yearling earned $50,000 on track and was sold for $70,000 at the end of her 2YO campaign.
Full Charge – A $40,000 claim, won a $70,000 allowance in his third Thorough Crowd start.
Interested?
Fill out our contact form and get involved in Thorough Crowd before our next partnership is full! Shares start as low as $150 for real ownership!
F.A.Q.
Transparency is as important to us as it is to you.
Go to the “Contact” page, fill out the form and we’ll get back to you ASAP with our upcoming partnerships.
Yes. We’ll send you the partner agreement, which has all of the details of the partnership included.
That’s up to you! Each partnership generally offers 100 shares with each share being with X amount of dollars, which is calculated based on the claiming price (or value of the horse, plus training fees).
No, we don’t disperse funds right away. The money stays with the horse as long as Through Crowd owns the horse. The funds will stay with that horse to cover training fees, vet bills, etc. Any funds left in the horse’s account upon the horse leaving Thorough Crowd will be disbursed in full.
We have big plans for the future of our website, so we’ll be doing the tracking on here eventually, but for now we’ll send out confirmations via email and recommend that you keep your records as well.
Thorough Crowd charges fees based on success, taking a percentage of purse earnings and sales profits.
We will send out an email to the group, letting everyone know what claims we’re looking at. We’ll base our next move off of the interest in that particular horse. If we don’t have enough interest, we won’t move forward with the claim.
Once you’ve declared your interest and how many shares you want, we’ll send out a request for the payment so we have the funds to claim the horse.
Of course! Send them our way. It’s in the name: Thorough Crowd! We want as many people involved as we can find. Sharing our love of horse racing is our passion.
At that point, the horse’s account will be dispersed to anyone owning a share in the horse, based on the percentage that is owned. If a horse’s account has $10,000 after the trainer bills and vet bills are paid, and the horse gets claimed, a partner owning 10% of the horse would get back $1,000 – a partner owning 1% would get $100, etc.
We’re in it together until we no longer own the horse. This would generally be the case if we lost the horse via claim or had to retire the horse. If you choose to exit a partnership before this occurs you will be forfeiting your shares.