purse structure

Total wagering and the number of race days were lower compared to a year ago in May, but available purses were on the uptick, according to information released by Equibase on Friday. Total wagering of $1,387,522,075 on races during the month represented a 4.01% decrease over the same period from 2025, while available purses of nearly $123 million were higher by 0.12%. The figure of over $118 million for paid purses in May was also up by 0.09%. As for the total number of race days, they decreased from 365...

Wagering on U.S. races during the month of October experienced nearly a nine percent uptick and purses also saw significant growth compared to a year ago, according to information released by Equibase on Wednesday. Total wagering of $867,928,259 on races during the month represented a 8.99% increase over the same period from 2024, while available purses of over $115 million were higher by 8.13%. The figure of over $109 million for paid purses in October was also up by 7.59%. As for the total number of race days, they decreased...

The New York Racing Association (NYRA) is rolling out a participation incentive program for owner and trainers during the five-day 2025 Belmont Stakes Racing Festival at Saratoga Race Course in early June, the track said in a release on Friday. Owners will be eligible for a starter bonus for horses finishing fourth through last with $1,500 awarded for stakes starters and $1,000 awarded to owners of starters in overnight races. Trainers whose horses start in stakes races that week will receive a $750 bonus, while a $500 bonus will be...

Woodbine Entertainment and the Horsemen's Benevolent and Protective Association of Ontario have reached an agreement in principle on a new two-year deal that boosts purses by $5.7 million, according to a press release from the racetrack on Wednesday afternoon. The new agreement commits $64.7 million in purses in 2025 and $65 million in 2026, both with 128-day race meets. The upcoming 2025 season kicks off on Saturday, Apr. 26 and concludes on Sunday, Dec. 14. "We are very pleased to have reached this agreement with the HBPA that increases purses...

Wagering on U.S. races was higher, and both available and paid purses saw increases when compared to a year ago in November, while the number of race days and races themselves saw an uptick during the month, according to information released by Equibase on Friday. Total wagering of $921,122,693 on races during the month represented a 1.18% increase over the same period from 2023, while available purses of almost $128 million were up by 3.93%. The figure of over $121 million for paid purses in November was up 3.94%. As...

Turfway Park, whose Holiday meet begins Dec. 4, has raised the purses for maiden special weights to $80,000 and allowance races will be up to $86,000, Churchill Downs Inc. reported via a release on Wednesday. Registered Kentucky-breds in maiden special weight races are now increased by $10,000 from last year's amount of $70,000. Allowance races will range from $82,000-$86,000, up from the 2023 rate of $72,000-$80,000. "We're excited to offer top-tier racing opportunities at Turfway Park this winter and continue building on Kentucky's strong year-round circuit," said Tyler Picklesimer, director...

Wagering on U.S. races, available and paid purses and the average field size, all saw increases to varying degrees, while the number of races declined during the month of March, according to information released by Equibase on Friday. Total wagering of over $972 million on races during the month represented a 0.99% increase over the same period from 2022, while available purses of $102.8 million were up by 8.41%. The figure of over $98 million for paid purses in March was up 7.55%. However, the total number of race days...

Beginning on Jan. 1, 2026, New York-bred overnight races for 2-year-olds on the NYRA circuit will offer purse amounts matching the race's open-company counterpart, which will directly benefit the state's 2024 foal crop and pave the way to compete for some of the richest purses of any state-bred program in the nation, the association said in a release Wednesday. At the 2023 summer meet at Saratoga Race Course, maiden races restricted to New York-bred 2-year-olds featured a purse of $88,000 compared to a purse of $105,000 offered for 2-year-olds competing...