What is a Claiming Race?
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Hi I’m Jim from BetAmerica talking to you about what a claiming race is.
A claiming race is a race in which horses compete for purse money but they’re also
eligible to be claimed, that is purchased, at the conclusion of the race. The claim price
can vary from between thousands and a hundred thousand. It’s the most common race in American
thoroughbred horse racing. To claim a horse, a licensed owner, trainer
or agent would submit a claim form to the secure claim box no later than 20 minutes
prior to the start of the race. Technically, that horse is changed in ownership the moment
it sets foot on the surface of the track, but physical transfer will not take place
until the conclusion of the race. The owner of the horse would receive any kind
of purse money he won in the race as well as purchase price, or claim price, as indicated
in the race conditions, and this will take place at the conclusion of the race.
That is a claiming race, and good luck to you at the races!
