purse increase | Horse Racing Free Tips

Purse Increase, Dates Added at Monmouth

Officials at Monmouth Park have announced an across-the-board increase in purses to begin on TVG.com Haskell S. day July 17 and have added three live September dates on Fridays to the calendar.

“We're thankful to Gov. Philip Murphy and to the leadership in the state Senate and Assembly who continue to support racing in New Jersey,” said Dennis Drazin, the Chairman and CEO of Darby Development LLC, the operators of Monmouth Park. “A supplemental appropriation was passed and signed into law, and with rain preventing us from writing more races during the early stages of the meet, we have $5.5 million to spend on purses to support the Monmouth Park product as a result.

“We believe it was important to make the announcement at this time, so horsemen can plan for the balance of the meet. We feel these increases will further strengthen what is already a quality product.”

A 20% increase will be applied to all maiden special weight and allowance races, while claiming races run for $12,500 tags or higher will see a prize money increase of 10%. The purses for lower-level claimers will be raised by 5%. Open stakes races that are currently listed at $75,000 will be contested for $100,000, while state-bred stakes will run for $85,000, up from $75,000.

Other stakes races will receive more significant bumps. According to the release, the Sept. 26 Nownownow S. for 2-year-olds at a mile on the turf, will see the largest boost from $150,000 to $500,000. The race in named in honor of the winner of the inaugural Breeders' Cup Juvenile Turf held at Monmouth in 2007 and will serve as a stepping-stone to this year's race at Del Mar Nov. 5.

The Sapling S. (Sept. 5) and Sorority S. (Sept. 6.), for 2-year-old males and females, respectively, see their purses doubled to $200,000, while the GIII Monmouth Oaks and GIII Iselin S. are each to be raised by $50,000 to $250,000.

Monmouth's original schedule called for weekend racing only during the month of September, but the track will now hold live programs Friday-Sunday and will conduct live racing on Labor Day, Sept. 6.

Officials also announced that after a one-year hiatus owing to the coronavirus, the Monmouth-at-Meadowlands meet will return in 2021. Nine all-turf programs will also see significant purse increases. That schedule will be announced at a later date.

The post Purse Increase, Dates Added at Monmouth appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Monmouth Park Announces Purse Increases, Additional September Dates

Monmouth Park, located in Oceanport, N.J., will increase purses across the board starting July 17 and is adding three live racing days on Fridays in September, racing secretary and director of racing John Heims announced on Saturday.

The purse increases take effect the day of the $1 million TVG.com Haskell Stakes, the track's showcase race.

The Nownownow Stakes for 2-year-olds going a mile on the turf will see the biggest purse boost, increasing to $500,000 from $150,000. Named for the 2007 winner of the Breeders' Cup Juvenile Turf at Monmouth Park, the second edition of the Nownownow Stakes will be the closing day feature on Sunday, Sept. 26.

Maiden special weight races and allowance races will see a purse increase of 20 percent, with claiming races over $12,500 getting a 10 percent increase and claimers that go for $12,500 or less seeing a five percent purse increase.

Purses for all non-state bred stakes races that are currently $75,000 will go to $100,000 while Jersey-bred stakes races that are now $75,000 will be increased to $85,000.

“We believe it was important to make the announcement at this time so horsemen can plan for the balance of the meet. We feel these increases will further strengthen what is already a quality product.”

Several other stakes races will see purse boosts as well. The Sapling Stakes (Sunday, Sept. 5) and the Sorority Stakes (Monday, Sept. 6), fixtures for 2-year-olds on the Monmouth Park racing calendar, will each get a $100,000 purse bump to $200,000.

The Grade 3 Monmouth Oaks on July 31 will now carry a purse of $250,000, a $50,000 increase. The Grade 3 Iselin Stakes on Aug. 21 will see the same increase from $200,000 to $250,000.

Monmouth Park's original schedule called for live racing on Saturdays and Sundays only for the final three weekends of September. Friday day cards will now be added to those weekends.

Monmouth Park will conduct live racing from Friday through Monday over the Labor Day weekend Sept. 3 through 6.

Following a one-year hiatus due to COVID-19, the Monmouth-at-Meadowlands meet will return with nine live Thoroughbred cards in October. Those all-turf programs in East Rutherford will see significant purse increases as well. The purse structure for that meet will be announced when the racing dates are finalized.

The post Monmouth Park Announces Purse Increases, Additional September Dates appeared first on Horse Racing News | Paulick Report.

Source of original post

Maryland Boosts Overnight Purses 15 Percent Effective July 2

Overnight purses in Maryland will increase 15 percent across the board for the remainder of 2021 effective July 2, the next live racing at Pimlico Race Course. The Maryland Thoroughbred Horsemen's Association Board of Directors unanimously approved the increase during its June 29 meeting.

The idea was to devise a higher purse schedule that Maryland can sustain through the end of the year.

The MTHA Board of Directors also voted to restore overnight purse distribution levels effective July 2. First place will be 60%, up from 57%; second place is 20%, down from 21%; third place is 10% rather than 11%; and fourth place will be 5% instead of 6%. Fifth place will be 3% (plus 1% for the fifth-through-last place bonus) and sixth place will be 2% (plus a 2% for the fifth-through-last place bonus). The 4% bonus remains in place for horses that finish seventh through last.

The Pimlico summer meet runs through Aug. 22 and Laurel is scheduled to begin its fall meet Sept. 10. In between, the Maryland State Fair at Timonium will race seven days from Aug. 27-Sept. 6. The increased purses will be in effect for the State Fair meet as well.

The post Maryland Boosts Overnight Purses 15 Percent Effective July 2 appeared first on Horse Racing News | Paulick Report.

Source of original post

Maryland Overnight Purses Increase

A 15% across-the-board increase for overnight purses in Maryland has been instituted for the rest of 2021 after a Maryland Thoroughbred Horsemen's Association (MTHA) Board of Directors meeting June 29. The increase goes into effect at Pimlico July 2, the next date of live racing in the state.

Overnight purse distribution levels will also be restored. First place will be 60% (an increase from 57%); second place is 20% (a decrease from 21%); third place is 10% (down from 11%); and fourth place will be 5% (down from 6%). Fifth place will be 3% (plus 1% for the fifth-through-last place bonus) and sixth place will be 2% (plus 2% for the fifth-through-last place bonus). The 4% bonus remains in place for horses that finish seventh through last.

The post Maryland Overnight Purses Increase appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post