There is a distinct lack of customizability in Skyrim when it comes to mount choices. In the base game players can only ride three unique horses – Shadowmere, Frost, and Arvak – and horses bought from stablemasters have no differences save for the color and pattern of their coat. With Skyrim Anniversary Edition installed players get a few more options, including the Daedric Horse.
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The Daedric Horse works much like Arvak, in that
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