Section 017-9-5 - Purse Structure1. Nomination fees, continuation fees, supplementary eligibility fees, starting fees, and registration fees will be allocated to purses as follows: A. Stallion registration fees will be allocated equally among all trotting and pacing 2 and 3 year olds events.B. Yearling nomination fees will be equally divided among all trotting and pacing 2 year olds events in the year nominations are made.C. Two-year-old continuation fees will be shared by all classes of 2 year olds sustained.D. Three-year-old continuation fees will be shared by all classes of 3 year olds sustained.E. Sustaining fees will be allocated to the particular event to which payment is made by age, gait and sex.F. Any supplemental eligibility fee payments made will be allocated to the event to which payment is made.G. Starting fees will be due at the time of declaration and must be paid to Associations prior to the start of the race and allocated to specific events.2. Moneys accruing to benefit the fund under provisions of Title 8, Chapter 11 Section 286, Chapter 31 Section 1036, subsection 2.C and subsection 2- A.I, shall be disbursed as follows: A. The greater of $10,000 or 5% of the Sire Stake Fund generated annually may be allocated by the Department for promotion of this program.B. Two-year-olds will race for a base purse which shall be determined by the Commission based on estimated available funds plus $100.00 per starter. The Commission shall determine the base purse not less than 30 days prior to the first scheduled stake race.C. Three-year-olds will race for a base purse which shall be determined by the Commission based on estimated available funds plus $125.00 per starter. The Commission shall determine the base purse not less than 30 days prior to the first scheduled stake race.D. The purse will be distributed as follows: 50-25-12-8-5 percent | if 5 or more horses are placed in premium positions |
50-25-15-10 percent | if 4 or more horses are placed in premium positions |
60-30-10 percent | if 3 or more horses are placed in premium positions |
65-35 percent | if 2 or more horses are placed in premium positions |
100 percent | in case of walkover |
The purse for both the two-year old and the three-year old finals shall include payments of 1.25% for sixth place, 1% for seventh place, and 0.75% percent for eighth place. The 3% necessary for these additional purse payments shall be subtracted from the base purse amount, with the normal 50-25-12-8-5 allocation taken from the remaining purse amount. In the event that there are fewer than eight horses participating in any final, the amount subtracted from the base purse shall be adjusted commensurate with the number of starters. In the event that there are fewer than five starters, the purse formula described in this subsection shall apply.
Starters must finish the race in order to qualify for purse money, except in the case of an accident in accordance with Chapter 7, Section 76.
E. Should circumstances prevent the racing of any or all of these events, moneys will be prorated among the owners of eligibles of the uncontested event or events at the time of declaring off.