racing forum | betting | ownership

Big thrills...

...small bills


The ENIGMA forum gets you closer to the action; quality betting threads, systems, gallop reports and stable news alongside a uniquely successful racehorse share ownership scheme.

We buy racehorse shares and syndicate them between groups of members - creating ownership opportunities at vastly reduced cost.

The syndicates have proved so popular we now own a stake in over 75 horses.


Hundreds of winners to date, including memorable victories at both Group 1 and Grade 1 level.


Indulge your passion

  • Quality bloodstock, flat and jumps

  • Leading trainers

  • Exclusive yard visits

  • Full share of prize money

  • Proceeds of any sale

So far our syndicates have won 23 races from Listed to Gr.1 and placed 45 times


On the flat we've won the Group 1 Premio Jockey Club and finished 2nd in the St Leger. Over jumps we've won Grade 1's at the Cheltenham and Punchestown festivals.

A typical share costs around £185.00, including all training fees for the first season.


The shares are exclusive to ENIGMA members. Once you are a member you receive privileged access to our in-house betting threads and have first choice of new horses as they come in.

ENIGMA membership costs circa. £79.99 per annum.

Cribbs Causeway wins at Newmarket.jpg

Highlights 2021-22

Fiveandtwenty won Scottish Triumph Hurdle

Fiveandtwenty, 3rd Aintree Juvenile Hurdle Grade 1

Hellomydarlin, 3rd Prix Robert Papin, Group 2

Oscula won Prix Six Perfections Group 3, Deauville

Oscula 3rd Prix du Calvados Group 2, Chantilly

Guilded 4th Cheveley Park Stakes Group 1, Newmarket

Oscula 3rd Prix Marcel Boussac Group 1, Longchamp

Marie's Rock won Mares' Hurdle Grade 1, Cheltenham

Marie's Rock won Mares' Champion Hurdle Grade 1, Punchestown

Maylandsea, 2nd Queen Mary Group 2, Royal Ascot

Al Qareem, 2nd Bahrain Trophy, Group 3, Newmarket

Oscula, won Prix de Lieurey Group 3, Deauville

The Platinum Queen, 2nd Nunthorpe Group 1, York

The Platinum Queen, 2nd Flying Childers Group 2, Doncaster

How it works

Our syndicate shares are available exclusively to ENIGMA members - once you are a member you have first choice of each new horse that comes in.

Typically, we buy a stake of between 2.5% and 5%, with the share owned by a syndicate of approximately 12 to 30 ENIGMA members. 

The rest of the horse is normally sold on in bigger shares to a maximum of 19 other people.

Compared to other low-cost shares, this means that places on yard visits are easy to obtain and badges to go racing are far more readily available.

The initial share price includes all upkeep for the first season.

Thereafter, syndicate members top up the training fees kitty once a year, paying in around £95 per share, less our split of prize money earnings.

The bloodstock

Sourced from the top sales in Europe, the bloodstock typically costs £5,000 to £150,000 at auction, sometimes more.

The scheme operates in partnership with leading UK racehorse syndicators: Nick Bradley Racing and Middleham Park Racing.

All syndicate bloodstock is owned, not leased.

ENIGMA membership

ENIGMA membership is £79.99 per annum by direct debit, or £84.99 by card / PayPal.

Most horses sell out before they reach the website so we hold a few select shares back for new members. 


Better still, become a member in advance - so you are in pole position to have the pick of each new horse as they come in.

Build a stable

The ENIGMA syndicates are so affordable, members can easily aspire live the dream and build their own fabulous string of horses over flat and jumps.

Our ENIGMA MyStable tool help you keep track and manage your string.    

Group 1 winner Ventura Storm far side.jpg

On the gallops with R Hannon, Gr1 winner Ventura Storm far side


Joseph O'Brien (IRE), Jessica Harrington (IRE), Johnny Murtagh (IRE), Eddie Harty (IRE), Henry de Bromhead (IRE), Simone Brogi (FR) & Jerome Raynier (FR)

The trainers

GB flat, north

Mark Johnston, Kevin Ryan, Karl Burke, David O'Meara, Richard Fahey, Keith Dalgleish, Tim Easterby, Grant Tuer, Nigel Tinkler & Roger Fell 

GB flat, south

John Gosden, Hugo Palmer, Robert Cowell, Richard Hannon, Sir Mark Prescott, George Boughey, Michael Bell, Kevin Philippart de Foy, George Scott, William Knight & Clive Cox 

GB National Hunt

Paul Nicholls, Nicky Henderson, David Pipe, Donald McCain, Ben Pauling & Dr Richard Newland

ENIGMA owners, O&T bar Cheltenham Festival.jpg

A very big thank you for the open morning at Richard Hannon's ...this was our first experience with Enigma and to say it was a big success would be an understatement...

...to get these results is some accomplishment. My grateful thanks from a nobody in Devon, because all my impossible teenage dreams are now being realised.

I thought the Hamdan runners would swallow him up and then he just accelerated and stretched away. This Enigma racing adventure, just gets better and better...

We love questions

Our FAQ's can help, or reach out and contact us