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Purse

Last Updated: Jul 17, 2014 03:52PM CEST
The term ‘purse’ refers to the cash prize won by the owner of the horse. The purse is usually paid out to the first five finishers: 50% is paid to the winner, 25% for the second placed, 12% for the third placed, 8% for the fourth, and 5% for the fifth placed. 

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