Singapore revises prizemoney distribution

SINGAPORE,  28 December 2004

The Singapore Turf Club will revise the distribution of prizemoney and re-introduce Novice, Graduation and Progress Plate races in the 2005 season. The first meeting of the new year will be on 7 January, 2005.

Revised Distribution of Prizemoney

From 1 January 2005, the distribution of prizemoney for all races except for the Singapore Airlines International Cup will be as follows:
Placings Owner Trainer Jockey RDF* Total
1st 48.00% 6.00% 5.00% - 59.00%
2nd 16.00% 2.25% 2.00% - 20.25%
3rd 8.00% 1.25% 1.00% - 10.25%
4th 4.00% 0.50% 0.50% - 5.00%
5th 2.00% - - - 2.00%
6th 1.00% - - - 1.00%
        2.50% 2.50%
Total 79.00% 10.00% 8.50% 2.50% 100.00%

*RDF - Racing Development Fund
Note: 10% of the prizemoney is deducted upfront for the Reward Incentive Scheme.

Under the revised distribution, the winning owner will receive three times more than the runner-up and the prizemoney won from 6th to 2nd will double from each placing to the next. The distribution for trainers and jockeys remains unchanged.

Re-Introduction of Novice, Graduation and Progress Plate Races

The Club will reintroduce Novice, Graduation and Progress Plate races with effect from 1 January 2005.

These races will be open to horses not older than 5 years old and the allocation of weights for these races will be by the number of wins (less weight-for-age allowances) as follows:

  Maiden One Win Two Wins Three Wins
Novice Plate 55kg 58kg NA NA
Graduation Plate 52kg 55kg 58kg NA
Progress Plate NA 52kg 55kg 58kg
  • Weight for Age allowances will be applied on the basic weight scale down to a minimum of 50kg.
  • Maximum penalty of 6 points to winner
  • No penalties for placed horses

Kranji Stakes

The present Kranji Stakes races will also be extended to horses in the lower classes. The weight conditions for these Kranji Stakes races are as follows:
Kranji Stakes Class B
Prizemoney: $75,000
Weight
Rating 85 to 90 58.0kg
Rating 80 to 84 56.5kg
Rating 75 to 79 55.0kg
Rating 70 to 74 53.5kg
Rating 65 to 69 52.0kg
Rating 60 to 64 50.5kg

 

Kranji Stakes Class C
Prizemoney: $58,000
Weight
Rating 70 to 75 58.0kg
Rating 65 to 69 56.5kg
Rating 60 to 64 55.0kg
Rating 55 to 59 53.5kg
Rating 50 to 54 52.0kg
Rating 45 to 49 50.5kg
  • Winners of group races to carry 1 kg penalty
  • Maximum penalty of 6 points to winner
  • No penalties for placed horses
  • If the highest weight accepting at Final Acceptance is less than 57 kg then the top weight accepting will be raised, to 57 kg and all others equally

Top Weight for Handicap Races

From 1 January 2005, the weights for handicap races (Class and Benchmark) except for Feature races held under handicap conditions will be allocated using the following guidelines.
Rating Spread of horses in handicaps (excluding Emergency Acceptors) Allocation Method
14 point and below 57kg downwards
15 points to 18 points 50kg upwards
19 point and above 59kg downwards
  • The top weight will not be more than 59kg
  • The allocation of weights for Feature races held under Handicap conditions will be at the discretion of the Handicappers subject to the maximum topweight of 60kg.

With the introduction of these guidelines, the published benchmark in Benchmark races will no longer be pegged to a weight as was the practice. The published benchmark will serve as an entry point for the Benchmark races.

Also, from 1 January 2005 Benchmark Races will be open to horses up to a maximum of 2 points above the designated published benchmark only.

These revisions are aimed at reducing the weights that horses have to carry in the races as well as reducing the number of horses racing outside the handicap (i.e underscaled).