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MTHA Board Approves Purse Distribution Changes
The MTHA Board of Directors voted June 29 to change 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.
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At its September open meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors reviewed the highly successful results of the $600,000 Owner and Developer Bonus Program and the dual-state bred stakes schedule offered this summer to Maryland-based connections during the Laurel Park racing break.
