R 431.3175 Winnings; computation.

Rule 3175. (1) Winnings include all prizes for finishing first up to the time appointed for the start and shall apply to all races, but do not include the value of any prize which is not money or which is not paid in money. Winnings during the year shall be reckoned from the preceding January 1. (2) A horse shall not be penalized for having been beaten in a race. (3) The winnings of a horse in a stake race shall be computed in the value of the gross earnings. (4) In determining the value of a series of races in which an extra sum of money is won by winning 2 or more races of the series, the extra amount shall be added to the purse of the last race by which the money was finally won. (5) If there is a dead heat, each horse shall be a winner only of the amount received by the owner. (6) Foreign winnings shall be calculated on the basis of the official rate of exchange on the day of winning. (7) If a race is not run or is declared no contest, stakes, forfeit, and entrance money shall be returned. (8) A race may be declared no contest if no qualified horse covers the course according to rule. (9) Purse money, prize money, or an award of any kind may be distributed by the association unless a hold is placed on the funds by the stewards. The stewards shall notify the association in writing if further delay is necessary.