Knowledge

Claiming race

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filed an application and been granted a claiming license. Title to the horse typically transfers just before the start of the race, but the previous owner is entitled to the purse, if any, that results from the horse's performance in the race. Usually related parties such as the trainer or employees, or relatives, are prohibited from claiming, as are reciprocal agreements between owners to "protect" each other's horses. If a horse is purchased, a track official tags it (often with a red tag) after the race, and it goes to its new owner, assuming the new owner had sufficient funds on deposit.
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The mechanics of claiming vary based on jurisdiction but in most cases almost anyone, or possibly anyone who is licensed to own racehorses, may claim. For example, the Illinois Racing Board stipulates that any horse may be claimed for its entered price by any licensed owner or agent or anyone who has
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Claiming races have claim amounts which vary, and higher amounts tend to have richer purses. The intent of this is to even the race; if a better-than-class horse is entered (with the expectation of an easy purse win), it might be lost for the claiming price, which is likely less than the horse is
54:(races for horses that have never won a race). In most race tracks in the United States, most of the races are claiming races. For example in Kentucky in 1999, 54% of all races run were claiming races, but had only 20% of the 273: 69:
Claiming races serve several purposes. They are a quality classification, as well as a way of ensuring racing outcomes are less predictable, which in turn increases the handle, or amount of
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was purchased in a claiming race for $ 30,000, was entered into the Derby only after Ethereal Road was scratched, and won at 80-1 odds.
73:, and a way to bring liquidity to the racehorse marketplace. Although many horses never rise above claiming races, some do. For example 66:
worth. Someone may wish to claim a horse if they think the horse has not been trained to its fullest potential under another trainer.
237: 208: 129: 157: 77:, a USD 1500 claimer, went on to earn over 900,000 USD, winning many storied grade 1 stakes and handicap races in the 1940s. 105:, and initially appeared to win, but was disqualified for interfering with other horses. The 2022 Kentucky Derby winner 300: 47: 98: 78: 17: 90: 50:, based on the quality of the horses that compete, claiming races are at the bottom, below 8: 248: 31: 70: 55: 82: 168: 94: 102: 86: 74: 294: 167:(17, 1). Agricultural Economics Association of Georgia: 37–48. Archived from 274:"DISQUALIFIED: Inside the Historic Decision That Shocked the Kentucky Derby" 39: 106: 101:
won a claiming race, but was not claimed, and went on to run in the 2019
51: 158:"Maximum-Likelihood Estimates of Racehorse Earnings and Profitability" 155: 130:"Examining Different Levels of Competition at the Racetrack" 58:
dollar value, the lowest average purse among race types.
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Thoroughbred horse race where the horses are up for sale
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J. Shannon Neibergs; Patrick L. Vinzant (Spring 1999).
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in which the horses are all for sale at a specified
292: 247:. Idaho State Racing Commission. Archived from 207:. Illinois Register. 1986-02-19. Archived from 124: 122: 93:, claimed for £8,000 in 1995, won the 1997 119: 151: 149: 81:, a USD 20,000 claimer, won the grade 1 232: 230: 228: 14: 293: 271: 46:until shortly before the race. In the 146: 225: 24: 25: 312: 238:"Rules Governing Claiming Races" 265: 13: 1: 112: 245:IDAPA 11 TITLE 04 CHAPTER 09 7: 10: 317: 198:"Part 510 Claiming Rules" 301:Horse racing terminology 48:hierarchy of horse races 205:Notice of Adopted Rules 165:Journal of Agribusiness 214:on September 14, 2005 276:. Sports Illustrated 85:and ran in the 2009 32:Thoroughbred racing 71:parimutuel betting 83:Blue Grass Stakes 16:(Redirected from 308: 285: 284: 282: 281: 269: 263: 262: 260: 259: 253: 242: 234: 223: 222: 220: 219: 213: 202: 194: 183: 182: 180: 179: 173: 162: 153: 144: 143: 141: 140: 126: 99:Maximum Security 79:General Quarters 21: 316: 315: 311: 310: 309: 307: 306: 305: 291: 290: 289: 288: 279: 277: 270: 266: 257: 255: 251: 240: 236: 235: 226: 217: 215: 211: 200: 196: 195: 186: 177: 175: 171: 160: 154: 147: 138: 136: 128: 127: 120: 115: 95:Champion Hurdle 28: 23: 22: 15: 12: 11: 5: 314: 304: 303: 287: 286: 264: 224: 184: 145: 117: 116: 114: 111: 103:Kentucky Derby 87:Kentucky Derby 44:claiming price 26: 9: 6: 4: 3: 2: 313: 302: 299: 298: 296: 275: 268: 254:on 2009-04-17 250: 246: 239: 233: 231: 229: 210: 206: 199: 193: 191: 189: 174:on 2010-06-13 170: 166: 159: 152: 150: 134: 131: 125: 123: 118: 110: 108: 104: 100: 96: 92: 88: 84: 80: 76: 72: 67: 63: 59: 57: 53: 49: 45: 41: 38:is a type of 37: 36:claiming race 33: 19: 278:. Retrieved 272:Tim Layden. 267: 256:. Retrieved 249:the original 244: 216:. Retrieved 209:the original 204: 176:. Retrieved 169:the original 164: 137:. Retrieved 133: 97:. In 2018, 91:Make A Stand 68: 64: 60: 52:maiden races 43: 35: 29: 107:Rich Strike 280:2019-05-05 258:2009-05-03 218:2009-05-03 178:2009-05-03 139:2009-05-03 113:References 40:horse race 295:Category 18:Claimers 75:Stymie 252:(PDF) 241:(PDF) 212:(PDF) 201:(PDF) 172:(PDF) 161:(PDF) 56:purse 34:, a 30:In 297:: 243:. 227:^ 203:. 187:^ 163:. 148:^ 135:. 132:. 121:^ 89:. 283:. 261:. 221:. 181:. 142:. 20:)

Index

Claimers
Thoroughbred racing
horse race
hierarchy of horse races
maiden races
purse
parimutuel betting
Stymie
General Quarters
Blue Grass Stakes
Kentucky Derby
Make A Stand
Champion Hurdle
Maximum Security
Kentucky Derby
Rich Strike


"Examining Different Levels of Competition at the Racetrack"


"Maximum-Likelihood Estimates of Racehorse Earnings and Profitability"
the original



"Part 510 Claiming Rules"
the original

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