What does it mean when a race horse is claimed.?

Question

what exactly does it mean when a horse is claimed after a race

Answer 1

Claiming means the horse is for sale at the time it runs.  If someone wants bto buy the horse for the claiming price they can put a claim in any up til 15 minutes before the race is run.  The horse still runs the race under the current owner/trainer but after the race the horse is taken to the new owner/trainer's barn. All claims are final.  Like a poster above me said if the claimed horse breaks down during the race it becomes the responsibility of the new owner to take care of the vet bills.  If there is more than one claim on the horse then there is a draw to determine who gets to claim the horse.

Answer 2

Most horses racing in the US run in claiming races. This means they are for sale each time they run. Claiming a horse is an easy way to get started owning horses because you buy the horse.

Answer 3

when a horse is claimed after a race, it means  15 minutes before race time, another barn has purchased the horse. the horse will still run for it's current owner, but after the race the new stable will take the horse to it's new home. if it wins the old owner will still get to take the winning circle photograph, if during the race the horse pulls up lame it's the responsibility of the new barn to take care of all expenses. over 70% of all races are claiming events, we do have the $2,000000 Kentucky derby, but the game of horse-racing could not go on without the $10,000 claiming races that run each day at tracks all over America.