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Topic: Purse Distribution

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	Purse Distribution - Wikipedia, the free encyclopedia
		In horse racing, the term purse distribution may refer to the total amount of money paid out to the owners of horses racing at a particular track over a given period of time, or to the percentages of a race's total purse that are awarded to each of the highest finishers.
		One frequently-implemented reform was to include horses finishing fifth in the purse distribution; the method most often employed for doing this was to award 60% of the purse to the winner, 20% to second, 11% to third, 6% to fourth and 3% to fifth, a format still observed by many tracks today.
		This system is still in use at all of the state's thoroughbred tracks today, although a slight modification in the actual percentages (resulting in the second-place share being increased at the expense of the third and/or fourth) was made in 2005.
	en.wikipedia.org /wiki/Purse_Distribution (612 words)

	Thoroughbred Times: All About Purses (Site not responding. Last check: 2007-10-14)
		Without appreciably higher purses, the horses entering the game at the bottom of the racing pyramid will be left behind, with little chance of any monetary return for their owners.
		The overall highest average earnings per runner for three-year-olds is in part due to the fact that purses for three-year-olds (Table 12) are higher on average than for any other age bracket, plus three-year-olds have the opportunity to compete outside their age division, notably in the fall.
		Table 16 examines races and purses by distance (excluding two-year-old races, which are primarily sprints for most of the year), and purses generally increase with distance.
	www.thoroughbredtimes.com /allaboutpurses/allaboutpurses.asp?ayear=2003 (5472 words)

	Thoroughbred Times: All About Purses (Site not responding. Last check: 2007-10-14)
		A record $1,177,769,765 in purses was distributed in 58,686 races, the fewest races held in North America since 1971.
		Purse money allocated to stakes races in 2004 amounted to 23.8% of the total for the year, and Table 5 indicates why it is important to have a horse that can run in added-money events.
		Three-year-olds are annually able to win the most money because average purses for three-year-olds are higher than those for any other age group (Table 12) and three-year-olds have a lot of opportunities outside their own age division in the fall.
	www.thoroughbredtimes.net /allaboutpurses/allaboutpurses.asp (5556 words)

	811 KAR 1:080. Placing; money distribution.
		Unless otherwise provided in the conditions, all purses shall be distributed on the dash basis with the money awarded according to a horse's position in each separate dash or heat of the race.
		In order to share in the purse distribution, each horse must complete the race and compete in each heat to which he is eligible.
		The purse shall be divided and awarded according to the finish in each of the first two (2) or three (3) heats, as the case may be.
	www.lrc.state.ky.us /kar/811/001/080.htm (685 words)

	Influence of purse seine fishery on longline fishery for yellowfin tuna (Thunnus albacares) in the western Indian Ocean (Site not responding. Last check: 2007-10-14)
		The results of these studies suggest that the influence of the purse seine fishery on the longline fishery is only moderate in areas of intensive purse seine fishing and that there appears to be no apparent influence of the purse seine fishery on the longline fishery outside the immediate area of intensive purse seine fishing.
		The yellowfin is commonly exploited by purse seine and longline gear; the latter by the longline fleets of Korea, Japan, and Taiwan.
		Regarding the influence of the purse seine fishery on the longline fishery, all of the studies predicted existence of a moderate impact of the purse seine fishery on the longline fishery.
	www.fao.org /DOCREP/003/W3628E/w3628e0u.htm (4323 words)

	Sports
		In addition to the larger purse, the distribution will also change with the race offering money to the top-five finishers, including 62 percent to the winner.
		Purse money was previously paid to the first four finishers.
		The distribution of the $2 million purse will include $1.24 million to the winner, $400,000 to the second-place finisher, $200,000 to third place, $100,000 to fourth and $60,000 to the fifth-place finisher.
	www.sportsnetwork.com /?c=gamblersworld&page=horse/news/BJN3686856.htm (215 words)

	A simulation model of tagging experiments for yellowfin tuna in the western Indian Ocean (Site not responding. Last check: 2007-10-14)
		The spatial distribution of the fleets used in the simulations is presented in Figure 2.
		Distribution of purse seine fishing effort used in the simulation for the months of January, April, July and December.
		In the purse seine fishery, yellowfin are released west of Seychelles in January, in the Mozambique channel in April, and again west of Seychelles in June.
	www.fao.org /DOCREP/003/W3628E/w3628e0f.htm (4304 words)

	MTR GAMING GROUP INC - MNTG Quarterly Report (10-Q) EXHIBIT 10.2
		In the event of a purse schedule distribution decrease, the purses for bottom claiming races shall not be reduced unless the purses for all races are also reduced (though not necessarily by the same percentage).
		Purses for Stakes races shall not exceed, in the aggregate, 8% of the total purses paid, from the purse account, in the immediately preceding calendar year excluding the amounts paid for stake races and amounts received for sponsorship of races unless otherwise authorized by HBPA.
		The pari-mutuel handle and purse distribution figures as well as the percentage figures which represent the relationship between purses and the total of pari-mutuel handle, shall be given to the HBPA office each day of a race meet in progress.
	sec.edgar-online.com /2004/05/10/0001104659-04-013497/section20.asp (2865 words)

	Standardbred Racing
		Further, any amount paid out for stakes races in excess of 13.75% of the purse distribution in the current year may be carried forward and deducted from purse monies allocated to stakes races in the following year.
		(e) Any purse monies generated from Provincial levy shall be in addition to the purse distribution and shall be paid in accordance with the requirements of the OHRIA Memorandum of Understanding which stipulates the distribution of takeouts.
		However, any portion of such purse monies not allocated to stakes races by such requirements shall be applied to overnight purses and purse grant monies shall be considered part of this purse distribution for purposes of this Agreement.
	www.ojc.com /standardbred/hmforms.asp (2007 words)

	Thoroughbred Owners and Breeders Association -- Ownership (Site not responding. Last check: 2007-10-14)
		One is for a maiden at a large track (two purse structure scenarios) and the second is for a low level claiming horse at a small track.
		At smaller tracks with smaller purses, trainers' day rates will be less and they will be less likely to have expensive pre- and post-race treatments administered to their horses.
		Determine the average purse for which your horse will probably run and then apply it to the purse distribution schedule.
	www.toba.org /ownership/sample_projections.html (389 words)

	Thoroughbred Owners and Breeders Association -- State Network (Site not responding. Last check: 2007-10-14)
		Breeder: Seventy percent (70%) of the available money in the Purse and Awards Fund is designated for Breeders’ Awards and is paid to the registered breeder of registered Arkansas-bred horses, proportionate with earnings by such Arkansas-bred horses in the United States and Canada during the previous calendar year.
		Restricted races: Purses for Registered Arkansas-bred races are funded by Oaklawn Park, with the exception of the Rainbow and Rainbow Miss Stakes (for Registered Arkansas-bred three-year-old colts/geldings and fillies).
		The $35,000 guaranteed purse for each race is funded by the ATBHA paying $15,000 (which includes nomination and entry fees) and Harrah’s Louisiana Downs $20,000.
	www.toba.org /state/Arindex.html (700 words)

	Thoroughbred Times: Today's News (Site not responding. Last check: 2007-10-14)
		The guaranteed purse for the Derby had been stagnant at $1-million since 1996, when it was doubled from $500,000.
		The remainder of the distribution allocates $400,000 (20%) for finishing second, $200,000 (10%) for finishing third, $100,000 (5%) for finishing fourth, and $60,000 (3%) for finishing fifth.
		He said a purse increase for the Preakness will be considered if the race seems to be losing quality horses but he does not anticipate any increase for the 2005 race.
	www.thoroughbredtimes.com /todaysnews/newsview.asp?recno=51893&subsec=2 (569 words)

	anmabsolute/US Trotting Association
		By 2007, the overnight purse structure at the Meadowlands is projected to reach a gross average of $240,000.
		Condition and claiming races at the Meadowlands, which currently have a purse range of $9,000 to $30,000, will experience increases of from $250 to $2,500 per race in November and a bump of another $1,000 to $3,000 in January.
		The Meadowlands, which disperses nearly $50 million in harness racing purses each year, is closing in on the $1 billion mark in total purse distribution [overnights, stakes and New Jersey Sire Stakes] since opening in 1976.
	www.ustrotting.com /absolutenm/anmviewer.asp?a=5919&print=yes (468 words)

	Pro Golf Rankings Iron Championships, Purse Distribution.
		In plotting the golf purses as a function of the first place prize, we found something very interesting.
		We plotted the average purse [AVG] and what appears to be the distribution choice of most tournaments [STD].
		As you will notice our distribution curve (in white) is only slightly below the others at the top positions, but at about the 30th position our payout is better.
	www.progolfrankings.com /purse_distribution.htm (183 words)

	P.L.2002, c.103 (S1736 1R)
		The formula for distribution of the purse money as either overnight purses or special stakes shall be determined by an agreement between the Standardbred Breeders' and Owners' Association of New Jersey and the tracks.
		The formula for distribution of the purse money as either overnight purses or special stakes shall be determined by an agreement between the Standardbred Breeders' and Owners' Association of New Jersey and the authority.
		The formula for distribution of the purse money as either overnight purses or special stakes shall be determined by an agreement between the New Jersey Thoroughbred Horsemen's Association and the authority.
	www.njleg.state.nj.us /2002/Bills/PL02/103_.HTM (2766 words)

	P.L.2000, c.123 (S1302)
		Distribute as purse money and for programs designed to aid the horsemen and the Standardbred Breeders' and Owners' Association of New Jersey 7.7675%, or in the case of races on a charity racing day 7.65%, of such total contributions.
		The formula for distribution of the purse money as either overnight purses or special stakes shall be determined by an agreement between the Standardbred Breeders' and Owners' Association of New Jersey and the permitholder.
		Distribution of sums deposited in parimutuel pools to winners thereof shall be in accordance with the provisions of section 44 of P.L.1940, c.17 (C.5:5-64) pertaining thereto.
	www.njleg.state.nj.us /2000/bills/pl00/123_.htm (4074 words)

	Re: Equity in Purse distribution
		A race needs a big enough purse to bring the Alaskans and Canadian teams that are truly the fastest south to race again.
		When the purses fell, due to adding more classes and a poor economic time during....uh...the gipper's era...The Alaskans stayed home and developed the races they had.
		Without a purse sufficient to promote travel, yet small enough to discourage rampant cheating, of course open class teams will decline in quality.
	www.sleddogcentral.com /sdctalk_3/_disc1/00000233.htm (228 words)

	1997 Annual Report (Site not responding. Last check: 2007-10-14)
		Note: The average daily purse distribution is calculated by multiplying the average purse by eleven.
		These funds are distributed to various segments of the racing industry in accordance with Commission rule 71 IAC 12-2-15.
		Pursuant to Commission rule, the allocation between breeds for purses and breed development is determined based upon the percentage of pari-mutuel handle on each breed on live racing at all Indiana locations.
	www.state.in.us /ihrc/annualreports/1997annualrpt.html (2002 words)

	NASCAR.com - How money is distributed in NASCAR - February 25, 2004
		The purse is comprised of a number of segments, including the racing purse; television awards; car owner special award plans, including the Winner's Circle Program; and a list of qualifying and special awards that may or may not be paid depending on the eligibility of the driver finishing in the appropriate position.
		While a certain portion of each purse is guaranteed to be paid after the event, some of the cash is what formerly was referred to as Studebaker money, placed in the purse simply for appearance sake.
		The term refers to money offered on a purse, say "$10,000 to the winner if he is driving a Studebaker." The $10,000 would be reflected in the total posted awards, making them more impressive, but the chance of a Studebaker winning would be miniscule.
	www.nascar.com /2002/kyn/nascar_101/02/02/Money (676 words)

	Re: Purse Distribution-Hank (Site not responding. Last check: 2007-10-14)
		Of course it would change on a weekly basis based on the numbers of teams entered in each class and would be a statistical nightmare for race managers.
		At Race B the following weekend, everybody and their relatives and friends drive an unlimeted team and there are 60% of the teams in that class.
		The unlimited would get 60% of the purse at Race B and the other classes what ever % the entry of that class was to make 100%.
	www.sleddogcentral.com /sdctalk_3/_disc1/0000022f.htm (148 words)

	Oaklawn Jockey Club - This Season: News Releases
		The return of the Arkansas Derby with a purse of $1 million, and a record $4.1 million stakes schedule, herald the arrival of the second century of racing at Oaklawn Park when the track opens its 55-day season on Jan. 21, 2005.
		In the afterglow of the Centennial Season celebration at Oaklawn, purse projections for the 2005 season suggest that horsemen will be greeted by a daily average exceeding $250,000 in purse for the first time in Oaklawn history.
		Oaklawn also doubled the purses for both the Rebel and Southwest Stakes for three-year-olds in 2004 and will continue to improve the purse level for that group in 2005 by raising the Rebel purse to $250,000.
	www.oaklawn.com /this-season/press-releases/view.asp?id=120 (538 words)

	The Simulcast Purse Pool Distribution Rule (Site not responding. Last check: 2007-10-14)
		(a) "Thoroughbred simulcasts", "thoroughbred handle," and "thoroughbred purse pools" include handle in Michigan from regulated pari-mutuel races where jockeys ride horses as defined by R 431.1010 (e) and the act.
		(b) "Standardbred simulcasts", "standardbred handle," and "standardbred purse pools" include handle in Michigan from regulated pari-mutuel races where drivers drive horses in harness, as defined by R 431.1005(e) and the act.
		Those sanctions may include, but are not limited to, the revocation or suspension of a license or horsemen organization's certification, or both, granted under the act.
	www.michigan.gov /mda/0,1607,7-125-1571-75216--,00.html (440 words)

	Purse Patterns - International Distribution
		Purse Patterns, and Craft Patterns information: Five appealing styles for all ages are included in this collection that leans itself to casual, business and dressier occasions.
		In Elizabethan England, purses and other small objects often were liberally adorned with gilt thread, beads, and seed pearls.
		Purses knitted with bead-threaded cotton were popular shortly after 1800, and throughout the 19th century such small articles as gloves, mittens, belts, garters, stockings, and parasol covers frequently were decorated with beads.
	www.purplekittyyarns.com /Purse-Patternsca.html (615 words)

	Case studies of the management of elasmobranch fisheries
		Pelagic sharks and rays are a common bycatch of the WTP longline and purse seine fisheries, but few data have been collected at the species level to enable insights into their distribution and abundance to the level that has been achieved for the target tuna species in the WTP.
		Purse seine vessels set on skipjack and yellowfin schools that have formed ‘associations’ with floating objects, such as logs and other naturally occuring debris, man-made Fish Aggregation Devices (FADs), and dead whales; tuna schools swimming with live animals, such as whales and whale sharks, also occur.
		The breakdown of purse seine sets by school type based on catch logsheet data across all fleets for 1996 is: unassociated-50%; log associated-34%; FAD associated-14%; animal associated1%; other and unspecified associations-1%.
	www.fao.org /docrep/003/x2098e/X2098E17.htm (6824 words)

	ESPN.com - Horse Racing - Kentucky Derby purse doubled to $2 million
		The increase in the Kentucky Derby purse is the first since the purse was raised to $1 million guaranteed in 1996.
		Along with the increase in the overall Kentucky Derby purse, there will also be a change in purse distribution.
		Purse money had previously been paid only to the top four finishers.
	espn.go.com /horse/news/2005/0104/1958932.html (418 words)

	thetrackisfast.com
		The increase in the Kentucky Derby purse is the
		with 62 percent of the purse going to the winner.
		Purse money had previously been paid only to
	www.thetrackisfast.com (2161 words)

	Pro Golf Rankings Iron Championships, Tournament Purses.
		Every tour and event uses a different system of complicated percentages of the gross purse to determine the prize distribution.
		The purse must be distributed to the top 100 players.
		This distribution does take a small amount from the top 30 players and give to all the rest of the players.
	www.progolfrankings.com /purses.htm (323 words)

	[No title] (Site not responding. Last check: 2007-10-14)
		You have a growth trend in purses that is unprecedented for any new race track constructed in the past three decades.
		Since the start of thoroughbred racing in 1995, the average daily purse distribution has risen nearly three-fold to a projected $180,000 for this autumn's race meet.
		This increase is due, in no small part, to a statutorily mandated purse enhancement originating from a portion of the riverboat admission tax.
	www.state.in.us /ihrc/newsletters/fall98.html (2035 words)

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