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Claiming races: every horse has a price tag

In a claiming race, every horse is entered at a set price and can be bought by a licensed owner or trainer before the race. Claiming prices group horses of similar ability so races stay competitive.

Reviewed Oct 15, 2026

Answer first

90s
  1. 01Claims are entered before the race, and the new owner takes the horse after it.
  2. 02The old owner keeps any purse the horse earns in that race.
  3. 03Moving up or down in claiming price is a key handicapping clue.

Key numbers

Claiming races in four numbers

$5K to $100KClaiming pricesCommon range
About 70%Share of racesMany US tracks
1 claimPer horse per raceShake if several
30 daysCommon jail ruleVaries by state

In short

Key takeaways

  • A claiming price tells you the level of the race.
  • A drop in price can mean a horse is worse or is being sold.
  • Claims are final, even if the horse is hurt in the race.
  • Optional claiming races mix claimers and allowance horses.

At the door

Reading claiming prices on a program

Gate pass

21+

  1. Horse A

    Same level as last race

  2. Horse B

    Dropping in price

  3. Horse C

    Moving up after a win

  4. Horse D

    Claimed last out by a new trainer

Example race at the $25,000 level.

Claiming race types

TypeWho runs
ClaimingHorses for sale at a set price
Maiden claimingHorses that have never won, for sale
Optional claimingSome for sale, some not
Starter allowanceHorses that ran for a claiming price

Conditions are printed in the program.

How a claim works

A licensed owner or trainer drops a claim slip in a box before the race. After the race, the horse belongs to the new owner, whatever happened in the race. If several claims are made, a draw called a shake decides.

The previous owner keeps any purse money from that race.

Price level examples

Track typeLower claimingHigher claiming
Small track$4,000$15,000
Mid-size track$8,000$40,000
Major track$16,000$100,000

Levels vary widely by track and purse.

Why claiming races exist

Without price tags, owners could enter strong horses in weak races and win easily. The risk of losing the horse at a low price keeps owners honest about where a horse belongs.

This keeps fields close in ability, which helps betting pools.

Sequence

Using claiming info as a bettor

  1. Step 01

    Note the price level

    Today vs last race.

  2. Step 02

    Check drops

    A big drop can be a warning.

  3. Step 03

    Check rises

    A rise may show confidence.

  4. Step 04

    Look for new trainers

    After a claim.

  5. Step 05

    Compare speed figures

    Against the level.

Drops and rises

A horse dropping from $25,000 to $10,000 may be facing easier rivals, or the owner may want to sell a horse with problems. A horse moving up after being claimed may have a trainer who expects improvement.

Use these clues together with form and speed figures.

Floor rules

Claiming terms

Know before you sit

Claiming price
Price at which a horse can be bought.
Shake
Draw when several claims are made.
Jail
Period a claimed horse must run higher.
Optional claiming
Race open to claimers and non-claimers.

Claiming races and betting pools

Claiming races make up most cards at many tracks, so bettors see them daily. Fields of similar ability often produce good pools and fair prices.

Track handicappers often explain class drops in their notes.

Clues by price change

ChangePossible meaning
Big dropEasier rivals or a problem
Small dropSeeking a winnable spot
Rise after claimTrainer expects improvement
Same levelSteady form

Combine with form and speed.

Common mistakes

Ignoring class changes
Price changes matter.
Assuming a drop is good
It can be a warning.
Forgetting maiden claimers
Weaker fields.
Overlooking new trainers
Can change form.

Keep reading

Related pages

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01Basics

What is a claiming race?

A race where every horse can be bought for a set price before it runs. Rules differ between licensed sportsbooks, so read the house rules.

Who can claim a horse?

Licensed owners and trainers, under state rules. Rules differ between licensed sportsbooks, so read the house rules.

Who gets the purse?

The previous owner keeps the purse from that race. Rules differ between licensed sportsbooks, so read the house rules.

02Rules

What if several people claim?

A draw called a shake decides. Rules differ between licensed sportsbooks, so read the house rules.

What if the horse is hurt?

The claim usually stands; some states have exceptions. Rules differ between licensed sportsbooks, so read the house rules.

What is the jail rule?

Claimed horses must run at a higher price for a set time. Rules differ between licensed sportsbooks, so read the house rules.

03Betting

Is a price drop a good sign?

Not always. It can mean easier rivals or a problem. Rules differ between licensed sportsbooks, so read the house rules.

What is maiden claiming?

A claiming race for horses that have never won. Rules differ between licensed sportsbooks, so read the house rules.

Where do I see claiming prices?

In the race conditions in the program. Rules differ between licensed sportsbooks, so read the house rules.

Sources

  1. Equibase Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Race conditions and results
  2. America’s Best Racing Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Racing basics
  3. UNLV Center for Gaming Research Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Research library on casino games and gambling
  4. National Council on Problem Gambling — Help and resources Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Free, confidential help: call or text 1-800-GAMBLER