Illinois Thoroughbred Breeder’s Fund Program
DISTRIBUTION OF BREEDER’S AWARDS BY THE ITBOF
Hawthorne Fall Meet 2021 – distributed Feb 2022
Fairmount Park 2022 – distributed Nov 2022
WHO IS ELIGIBLE TO EARN BREEDER’S AWARDS?
The owner’s share of the Breeder’s Award is 11.5% of the winner’s share of the base purse. The WINNER’S SHARE of any race in Illinois is normally 60% of the purse. The BASE PURSE is the amount put up by the purse account and does not include any funds added by the Illinois Thoroughbred Breeders Fund, horsemen, Breeder’s Cup, etc.
Open Races – In an open race, the entire Breeder’s Award (11.5% of the winner’s share of the base purse) goes to the breeder of the winning horse (the winner’s share in an open race may also include part of an OWNER”S AWARD, if earned, paid from the purse account).
As an example, we will say that the base purse of an open allowance race is $22,000. The base purse times 60% equals the winner’s share. The winner’s share times 11.5% equals the Breeder’s Award.
Base Purse = $22,000
X Winner’s Share (60%) = $13,200
X 11.5% = Award of $1,518
Again, as an example, we will use an allowance race, this time restricted to Illinois Registered horses. The base purse of this race is $20,000. The base purse times 60% equals the winner’s share. The winner’s share times 11.5% equals the Breeder’s Award.
Base Purse = $20,000
X Winner’s Share (60%) = $12,000
X 11.5% = Award of $1,380
Breeder’s Award = $1,380
X 60% to the Winner = $828
X 20% to Second = $276
X 15% to Third = $207
X 5% to Fourth = $69
For further info, visit http://ilga.gov/legislation/ilcs/documents/023000050K30.htm
For further info, visit http://ilga.gov/commission/jcar/admincode/011/011006030001400R.html