The purpose of this article is to try and share with readers how purses are distributed at Caymanas Park by the promoting company.

Before any race is run, there is a designated total purse depending on the type of race. For example, a $180,000 claiming race carries with it a total purse of $600,000, which is shared in assigned percentage amounts by the connections of the first six horses in the race (assuming there are more than six horses in the race) after the breeder’s bonus of NINE PER CENT is deducted.

Following the take out of the nine per cent breeder’s bonus, the remainder of the money is distributed as follows:

FIRST PLACE CONNECTION 60%

This 60% includes payments to owner (s), trainer, jockey and groom.

The same holds for the rest of the placings.

SECOND PLACE CONNECTION 20%

THIRD PLACE CONNECTION 10%

FOURTH PLACE CONNECTION 5%

FIFTH PLACE CONNECTION 3%

SIXTH PLACE CONNECTION 2%

$180,000 CLAIMING RACE

Total Purse $600,000

Minus Breeder’s bonus of 9% $54,000

———–

Amount of total purse remaining $546,000

——————————————————-

First-place connection gets 60%, including percentages paid to

owner(s), trainer, jockey

and groom $327,600

—————————————————-

The amount paid out to the winning connection is further

broken down as follows:

Owner (s) 70% $229,320

Trainer 15% $49,140

Jockey 10% $32,760

Groom 5% $16,380

———–

Total $327,600

Let’s now step up the racing ladder and look at probably the most competitive class at Caymanas Park at the moment, Overnight Allowance.

OVERNIGHT ALLOWANCE

Total Purse $1,000,000

Minus Breeder’s bonus of 9% $90,000

————-

Amount of total purse remaining $910,000

——————————————————– First-place connection gets 60% including percentages paid to

owner(s), trainer, jockey

and groom $546,000

——————————————————-

The amount paid out to the winning connection is further

broken down as follows:

Owner (s) 70% $382,200

Trainer 15% $81,900

Jockey 10% $54,600

Groom 5% $27,300

———–

Total $546,000

Hopefully the Supreme Racing Guide’s dissection of the payment of purses will create a better understanding of the process and the amounts paid out for our readers.