Stakes race is a term applied to thoroughbred horse racing to describe races that derive their name from the stake, or entry fee, owners must pay. These fees, to which the track adds an additional amount, constitute the total amount from which prize money is paid to the first, second, third, and (usually) fourth place finishers. Thoroughbred horse racing is the main form of horse-racing throughout the world. ...
There are different levels of stakes races, the top ranking, and therefore purse, being a Grade 1 Stakes. They are generally higher-class races for bigger prizes. They often involve competitors that belong to the same gender, age and class. These races may, though, be "weight-for-age", with weights adjusted only according to age, and also there are 'set weights' where all horses carry the same weight. Furthermore, there are "conditions" races, in which horses carry weights that are set by conditions, such as having won a certain number of races, or races of a certain value.
See also:Thoroughbred horse race Thoroughbred horse racing is the main form of horse-racing throughout the world. ...
A graded stakesrace is a term applied by the American Graded Stakes Committee of the Thoroughbred Owners and Breeders Association to a Thoroughbred horse race in the United States and Canada to describe races that derive their name from the stake, or entry fee, owners must pay.
They are higher-class races for bigger prizes and often involve competitors that belong to the same gender, age and class.
Furthermore, there are "conditions" races, in which horses carry weights that are set by conditions, such as having won a certain number of races, or races of a certain value.
Restricted stakes are indicated in the Racing Form by the symbols R, or S, the S meaning the race was limited to state-breds.
Open stakes traditionally have been differentiated by the amounts of added-money, a perfectly reliable index of competitive quality, as horsemen are attracted to stakesraces in exact proportion to the money added.
In identifying the contenders of stakesraces, it's crucial that novices and recreational handicappers begin to assign the horses to a level of the stakes hierarchy.
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