A virtual racehorse has been sold at auction for $US5225.
Tockyocky Racing bought the unraced Demonic Hamonic through an online horse auction from Kes Racing at Digiturf.com.
The average virtual racehorse at Digiturf.com sells for $US15, but trainers can set their own prices when selling through their online auctions.
Kes Racing entered the unraced $US15 virtual horse into an auction with a minimum reserve of $US3750 – a move that reportedly raised a few eyebrows in the virtual horse racing community.
Five trainers started competing against each other in an aggressive bidding war that drove Demonic Hamonic’s selling price to $US5225.
There are apparently good reasons why trainers would part with that much cash for a virtual horse on Digiturf.com.
The website offers real cash stakes, adding sponsorship worth $US320,000 to each four-month virtual horse racing season, complete with a $US79,000 Championship Series and a supporting race program for weaker horses.
Ultimately, however, it is about winning a championship title at the end of the season. It was that prospect that drove the bidding war for Demonic Hamonic.