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10% Purse Boost Approved Through March
The Maryland Thoroughbred Horsemen’s Association at its Board of Directors meeting March 3 approved a 10% across-the-board purse bonus for overnight races through the end of month. The 10% hike is based upon the purse structure in place at Laurel Park prior to a two-week shutdown of live racing to accommodate a racing surface improvement project.
The MTHA in mid-January approved a 20% increase in overnight purse money that took effect Jan. 16 and ran through the end of February. It was designed to compensate for the loss of six racing days and was in conjunction with the addition of three Thursday programs in February.
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At its September 9 open Board meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors voted unanimously to increase the purse allocation for finishers from 6th place through last in overnight races. The payout, which had been fixed at $300 since April 2022, will now rise to $500, effective immediately.
Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.
